Bloomberg delivers critical information in a world where information matters. We give influential decision-makers in business, finance and government a competitive edge by connecting them to a dynamic network of news, people and ideas. To do that, we need a constant flow of ideas, energy, innovation, which is where you come in. At Bloomberg, you will have the opportunity to go above and beyond and to take risks. Be a part of an organization that is entering new markets, launching new ventures and pushing boundaries. Our ever-expanding array of technology, data, news and media services fosters innovation and empowers clients - and offers nearly limitless opportunities for career growth.

Our team:

There are many responsibilities involved in running a business successfully, but maintaining strong control over accounts payable and tax compliance is among the most crucial. We are the team to ensure that company's payables are legitimate and accurate, and we provide a professional customer service to internal and external stakeholders, as well as consistently maintain controls. In this role you will be working on tax compliance over Procure to Pay operations in a dynamic and fast paced environment.

You will be responsible for Tax Compliance with the IRS regulations around 1042 processes, running recurring and ad-hoc tasks, controls and projects assigned to you and to provide a positive experience for those you work with. In order to be successful, you will need strong attention to detail, hands on and be an excellent problem solver. You have the ability to balance high workload while meeting deadlines yet understand the importance of controls. You have excellent communication and prioritization skills, an ability to present ideas about process improvements and to question status quo. You thrive in a dynamic, open-plan, team environment, and you know what customer service really means. You will be reporting to Tax Compliance Lead.

We'll trust you to:

• Review and validate Internal Revenue Tax Forms  collected from foreign vendors, such as  Forms W-8 and Forms W-9 , to ensure adherence to the IRS regulations
• Initiate internal request with our vendor master team to flag vendors for Form 1042 and Form 1042-S compliance in our ERP system, providing all information deemed necessary for an accurate setup
• Partner with vendor master team and SAP support team on setup and maintenance of Form 1042-S tax codes in the system
• Daily review of invoices from foreign vendors and ensure adherence of the IRS regulations to the operations, including applicability of US source income and withholding. Confirm accuracy at transaction level in SAP via new designed process.
• Weekly reconciliation of withholding general ledger account
• Prepare weekly withholding deposit request for review, approval, and payment to the Tax Authority
• Assist on preparation of the Form 1042 and Form 1042-S filing with the tax authority (anticipate January-March is a high season for taxes)
• Serve as advisor to the customer services team on vendor inquiries ensuring applicability of IRS tax forms withholding tax, and Form 1042 reporting
• Periodical review of vendor payment activity, confirming accuracy of US source of income and withholding rates and validity of collected forms as preparation for the yearly report to the IRS.
• Coordinate mailing of the Forms 1042-S to vendors, be hands on if necessary

You'll need to have:

• Bachelor's Degree in Accounting preferred
• 2+ years of relevant experience with  1099/1042 tax reporting
• Excellent time management and organizational skills
• Ability to effectively communicate with various levels of management

We'd love to see:

• Knowledge of SAP
• Knowledge of Agile Scrum framework

Does this sound like you?

Apply if you think we're a good match. We'll get in touch to let you know what the next steps are.

Bloomberg is committed to diversity. It drives our innovation. At Bloomberg, you'll have the opportunity to go above and beyond and to take risks. You'll be a part of an organization that is entering new markets, launching new ventures, and pushing boundaries. Our ever-expanding array of technology, data, news, and media services champions innovation and empowers clients -- and offers nearly limitless opportunities for career growth.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We bring out the best in each other.