Job Description

Job Purpose (Job Summary): As part of the Investment Services Tax team, Fund Tax Accountant will be a key member of the Tax operations part of GFS team located in Hyderabad, India. The qualified candidate will be responsible for preparing/reviewing various Tax documentations and performs all the task of processing the daily BAU as per the standard operating procedure.

The forms may need to be filed before the dividend/interest is received to obtain relief at source or after the dividends/interest are paid to receive a reclaim/refund of the taxes paid. The filing requirements are different for each country.

Key Responsibilities / Duties:

• Prepare and review tax documents required for reclaims and relief at source
• Monitor the application of the correct withholding tax as per rules
• Ensure that reclaims are filed timely; create a calendar based on fund holdings.
• Act as a reference point for the tax team members and train/guide them through the daily activities.
• Collect, analyze Tax information and documentation, and ensure complete review of the tax documentation.
• Close monitoring of the reclaim status through reconciliation
• Create and maintained metrics for management reporting.
• Work closely with regional representatives of the funds.
• Liaisons with sub-custodian, tax advisor and tax authorities as needed
• Maintain historical documentation.
• Create country specific data on foreign tax reclaims.
• Clear backlog of forms on file.
• Participate in Brain storming sessions and share the best practices and ideas with the peer groups and team members
• Consistently evaluate and update documented procedures to ensure they are complete, accurate and current.
• Perform daily controls on team activity as per the existing check lists to ensure priorities have been completed with accuracy.
• Escalate to the Team Leader/Manager any incident or operational risk.

Work Experience/Knowledge:

• 4-6 years of experience with federal tax treatment of securities and taxation of mutual funds is preferred
• Strong understanding of Tax laws and withholdings taxes
• Knowledge about the Double Tax Treaty Agreements, International Taxation, Custody Operations, Relief at source and Reclaim
• Experience in International Taxation and Tax Treaty is an added advantage.
• Strong analytical skills, Detail orientation, service commitment, and solid organizational and interpersonal skills.
• Proficient in Microsoft Office Applications

Formal Education:

• A Bachelor\xe2\x80\x99s Degree in accounting or finance and/or equivalent work experience.
• Semi qualified CA / Semi qualified CMA
• Financial services industry related certifications.

License/Registration/Certification:

• None

Skills/Competencies/Attributes:

• Team player.
• Excellent verbal and written communication skills.
• Ability to conduct complex analysis and present data in a meaningful way.
• Strong organizational skills and detail orientation.
• Open minded, flexible, and willing to listen for other people\xe2\x80\x99s opinions.
• Interpersonal skills necessary to effectively communicate over the phone with a variety of individuals at all technical levels are required.

Invesco Competencies:

• Passion for excellence through strong execution.
• Collaborates and builds trusting relationships.
• Communicates effectively and respectfully.
• Promotes innovation and continuous improvement.
• Thinks ahead and makes fact-based decisions.

Invesco Leadership Competencies:

• Builds effective teams
• Fosters organizational talent

Working Conditions:

• Normally works a regular schedule of hours, however hours may vary depending upon the project or assignment.
• Hours may include evenings and/or weekends and may include 24 hour a day on call support by pager and/or cell phone.

Reviewed By: Phani Yerasaani

Job Purpose (Job Summary): As part of the Investment Services Tax team, Fund Tax Accountant will be a key member of the Tax operations part of GFS team located in Hyderabad, India. The qualified candidate will be responsible for preparing/reviewing various Tax documentations and performs all the task of processing the daily BAU as per the standard operating procedure.

The forms may need to be filed before the dividend/interest is received to obtain relief at source or after the dividends/interest are paid to receive a reclaim/refund of the taxes paid. The filing requirements are different for each country.

Key Responsibilities / Duties:

• Prepare and review tax documents required for reclaims and relief at source
• Monitor the application of the correct withholding tax as per rules
• Ensure that reclaims are filed timely; create a calendar based on fund holdings.
• Act as a reference point for the tax team members and train/guide them through the daily activities.
• Collect, analyze Tax information and documentation, and ensure complete review of the tax documentation.
• Close monitoring of the reclaim status through reconciliation
• Create and maintained metrics for management reporting.
• Work closely with regional representatives of the funds.
• Liaisons with sub-custodian, tax advisor and tax authorities as needed
• Maintain historical documentation.
• Create country specific data on foreign tax reclaims.
• Clear backlog of forms on file.
• Participate in Brain storming sessions and share the best practices and ideas with the peer groups and team members
• Consistently evaluate and update documented procedures to ensure they are complete, accurate and current.
• Perform daily controls on team activity as per the existing check lists to ensure priorities have been completed with accuracy.
• Escalate to the Team Leader/Manager any incident or operational risk.

Work Experience/Knowledge:

• 4-6 years of experience with federal tax treatment of securities and taxation of mutual funds is preferred
• Strong understanding of Tax laws and withholdings taxes
• Knowledge about the Double Tax Treaty Agreements, International Taxation, Custody Operations, Relief at source and Reclaim
• Experience in International Taxation and Tax Treaty is an added advantage.
• Strong analytical skills, Detail orientation, service commitment, and solid organizational and interpersonal skills.
• Proficient in Microsoft Office Applications

Formal Education:

• A Bachelor\xe2\x80\x99s Degree in accounting or finance and/or equivalent work experience.
• Semi qualified CA / Semi qualified CMA
• Financial services industry related certifications.

License/Registration/Certification:

• None

Skills/Competencies/Attributes:

• Team player.
• Excellent verbal and written communication skills.
• Ability to conduct complex analysis and present data in a meaningful way.
• Strong organizational skills and detail orientation.
• Open minded, flexible, and willing to listen for other people\xe2\x80\x99s opinions.
• Interpersonal skills necessary to effectively communicate over the phone with a variety of individuals at all technical levels are required.

Invesco Competencies:

• Passion for excellence through strong execution.
• Collaborates and builds trusting relationships.
• Communicates effectively and respectfully.
• Promotes innovation and continuous improvement.
• Thinks ahead and makes fact-based decisions.

Invesco Leadership Competencies:

• Builds effective teams
• Fosters organizational talent

Working Conditions:

• Normally works a regular schedule of hours, however hours may vary depending upon the project or assignment.
• Hours may include evenings and/or weekends and may include 24 hour a day on call support by pager and/or cell phone.

Reviewed By: Phani Yerasaani

Invesco