Senior QI Specialist (Russian speaking) - Limassol

  • Location:

    Cyprus, Limassol

  • Discipline:

    Finance

  • Job type:

    Permanent

  • Benefits:

    Salary based on skills and experience + Medical insurance (30% for employee and family members)

  • Published:

    17-06-2024

  • Expiry date:

    01-07-2024

  • Reference:

    2510

Our client, a Fintech company in Limassol, is looking to recruit a Russian-speaking Senior QI Manager.

Responsibilities:

  • Keeping check on changes in IRS regulations, double taxation treaties, QDD/QSL regulations, industry practices that may need to be reflected in policies and workflows at the level of FRHC & subsidiaries;
  • Advising management on specific tax compliance needs that should be accommodated at the level of internal policies, workflows, software developments etc within the FRHC & subsidiaries;
  • Providing professional support and advice with respect to any matters that relate to the US tax withholding, tax compliance, tax reporting, and overall performance of QI obligations of the Company;
  • Maintaining and updating registration of TCCs, Q-EINs, FIRE portal credentials;
  • Advising the onboarding teams regarding particulars of specific non-standard client cases, helping validate W8-BENE forms and sort out complex self-certification issues;
  • Advising corporate actions team regarding tax treatment of specific securities and income distributions;
  • Reconciling internal USWT records with those of upstream custodians, communicating with the upstream on all issues related to tax withholding and reporting;
  • Keeping track of reporting deadlines, preparing, validating and filing FATCA, CRS and 1042/1042s reports and following up on those reports with respective authorities as necessary;
  • Analyzing new products and services introduced by FRHC & subsidiaries, and providing recommendations for USWT compliance;
  • Supporting communications with IRS, auditors and tax consultants on any issues related to the performance of QI agreements, audits, advisory and action plans etc by the FRHC & subsidiaries.

Requirements:

  • Strong, hands-on knowledge of QI agreement and respective obligations;
  • Experience of preparing, reconciling and validating 1042s reporting;
  • Experience of 2 years of track record with financial institutions acting in a WHQI or NWHQI capacities;
  • Ideally, experience of successfully managing QI periodic review process;
  • Fluent in Russian and  good command of English language.

Working hours:

  • The working hours are Monday – Friday, 9am – 6pm with one hour lunch break (office-based position, not remote).

To apply:

Please send your CV to StaffMatters at admin@smstaffmatters.com and mention that you are applying for the vacancy of Senior QI Specialist (Russian speaking) with reference number 2510.
Or you can apply directly through your candidate login by hitting the APPLY button.