Tax Operations analyst

eToro is seeking a Tax Operations Analyst to join Cyprus Operations team, which is responsible for Tax Withholding and Reporting Compliance functions across Group and multiple Tax regulation regimes: CRS, FATCA, QI (QDD). 

Tax Operations Analyst is responsible for ensuring compliance with IRS related to US tax withholding, reporting, and filing obligations across eToro legal entities (QI/QDD). Responsible for Preparing and Submitting Reports for CRS and FATCA regulations across eToro Legal entities.

This is a challenging position that requires strong self-organization and basic administrations skills. Will be required to do 80% of manual work with filling forms, pooling reports, verifying data and uploading reports/forms to portals (sometimes hundreds of files at a time), You will have interactions with internal stakeholders in both the Business Units (Finance), BI, Compliance team and Outsource vendors and possess the following skills:

  • Ability to operate across functional areas; including operations, technology, risk, and tax
  • Organized and detail oriented
  • Ability to operate in the fluid environment with tight deadlines. 
  • Primary Responsibilities:
  • Ensure accurate and timely submission of yearly IRS forms and CRS / FATCA reports
  • Understanding of IRS Treasury regulations related to 1042-S and 1099 reporting (1099 for eToro USA)
  • Facilitate Calculating of the taxable Income for IRS purposes 
  • Qualifications/Skills Required:
  • Ability to multitask and take ownership of complex issues
  • Attention to detail and meeting deadlines
  • Excellent verbal and written communication skills
  • Good analytical and problem-solving skills
  • Comprehensive understanding of Microsoft Excel - a plus
  • A good understanding of Operations, Financial Products, Tax Regulations - a plus

  • Business Need / GAP
  • CRS:
  • 1. Assisting with vendor's integration for CRS purposes reporting
  • 2. Managing vendor's work on populated reports data validation and conversion.
  • 3. Tax Authorities portals reporting files submission - managing failures and adjustments (re-submission per in case of failures )
  • QI (IRS):
  • 1. Managing LPs portals for Tax reporting purposes: Submitting and collecting forms with LPs for each entity
  • 2. IRS Tax Forms: Populating forms for IRS (on eToro's behalf - for each entity), eToro customers per requests + adjusting all submitted previously forms (pulls).
  • 3. Assisting with payments processing (IRS withhold tax)
  • FATCA:
  • collecting data (missing data remediation like W9 forms with KYC team) on FATCA reports population and completing the report with an existing vendor.
  • Must be living in Cyprus
  • Excellent organizational skills
  • Pay attention to detail
  • Fluency in English - Additional languages will be considered as an advantage
  • Team-player and able to work under pressure
  • Strong self-organization and basic administrations skills.
  • Good communication skills and ability to interact with several departments
  • Past experience in this field
  • University degree in Finance and or Tax

Cyprus Office