Operations Specialist (Tax Operations)-1

Job Title - Tax Operations Support (Associate)

Location - Pune

Role Description

The Tax Operations EMEA team currently consists of four teams being

• National Tax Reporting responsible for the distribution process as well as fulfilling all German tax requirements for our fund range of German, Luxembourg and Irish funds
• Tax Reclaim (responsible for filing tax reclaims in various countries on behalf of our fund range of German, Luxembourg and Irish funds)
• International Tax Reporting responsible for filing tax declarations and/or tax reportings in various countries such as India, Pakistan, Taiwan, Austria, Belgium, Denmark, Italy, Switzerland, UK.
• Quality & Strategy responsible for analyzing new tax laws as well as tax law changes and developing according strategies to implement changes for all of the other teams as well as analyzing existing processes and process gaps to ensure continuous tax compliance and efficiency.

Currently, the team is seeking to setting up an additional team in Pune being the “Tax Operations Support team”. As a team member you will be supporting the team setup in Pune from the scratch. Going forward you shall continuously support all of the other teams within Tax Operations EMEA, i.e.:

• You and your team will be supporting the National Tax Operations Team for which you will be responsible to coordinate the (interim) distribution process for our Luxembourg and Irish fund range, compiling appropriate documentation for the application/delivery of various tax documentations as well as creating and monitoring timely submission of tax report packages to internal/external stakeholders. For all these processes/reportings/data work you will be responsible to identify and implement standardization and/or automation of reports pursuing to increase efficiency and/or reduce risk.
• You and your team will be supporting the Tax Reclaim team for which you will coordinate the surveillance, analysis and solution of so-called tax breaks, i.e. cash differences between the custodians and our own accounting. Also, you will identify and compile data required to file tax reclaims in various countries as well as preparing according applications forms and compiling/monitoring withholding tax rates for different jurisdictions.
• You and your team will be supporting our International Tax Reporting team. The team is working with local tax advisors to publish/file tax reportings/tax declarations in various countries such as India, Pakistan, Taiwan, Austria, Belgium, Denmark, Italy, Switzerland, UK, etc. . In your role you will be supporting the complete process beginning with the scope determination, the engagement process of local tax advisors, the compiling of data and the monitoring of timely filings/publications.
• You and your team will support our Quality & Strategy team for which you will be supporting to identify root causes for tax breaks (incl. coordination with custodians and internal stakeholders), setting up and monitoring checklists to decrease tax risks, analyzing existing processes and support automation/standardization efforts.

What we’ll offer you

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Coordinating and monitoring of various tax processes for all of the other Tax Operations teams including the (interim) distribution process for our Luxembourg and Irish fund range
• Compiling, processing and analyzing (tax) data for all of the other Tax Operations teams by strongly coordinating with internal stakeholders (other Operations team, Front and/or Middle Office) and external stakeholders (administrators, custodians, tax advisors, tax agents, etc)
• Monitoring various processes and ensure timely preparations, creation and submission of tax data for all of the other Tax Operations teams
• Ensure timely preparation and tracking of various reporting requirements (internal/externa)

Your skills and experience

• 5+ years experience in (tax) operational tasks
• English language skills fluently, German language are an added advantage
• Self-responsible and reliable way of working including time management skills
• Strong MS Office Skills, VBA/ PowerBI / SQL skills and similar are an added advantage

How we’ll support you

• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.htm

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.