Description About this role Team Overview The Mobility and Employment Tax Enablement Lead will be a key member of the Payroll & Employment Tax Team. This person understands the fast-paced financial services environment, is a subject matter global mobility and employment tax expert, who will support the evolution of Payroll & Employment Tax Ecosystem. This dynamic role will implement new process to manage employment tax operations across the globe and support The Organization to operate at scale.The Payroll & Employment Tax Team provides internal tax advisory, develops key tax-related policy and drives strategic and tactical initiatives supporting the organizations mobile and remote employee population. Success is defined by streamlining operations, while managing the scalability, risks and costs of the mobility practices in the changing work environments.The role collaborates closely with teams across HR professionals in a multifaceted work environment including Payroll, Immigration, Compensation & Benefits, Talent Acquisition, Mobile Employee Operations, as well as partners outside of HR in Corporate Tax, Finance and Legal & Compliance.Responsibilities
Preparing assignment/relocation cost estimates with relocation, tax and social security costs
Generating Talent Mobility Letters based on agreed templates.
Maintaining and updating mobility databases and tax vendor systems
Reviewing invoices from our relocation partners and tax vendors to check for accuracy, process for payment.
Assist with the Global Business Travel Tax program, identify shadow reporting requirements globally and manage the US state to state payroll requirements due to business travel.
Managing tax compliance processes with tax vendors support for BlackRocks mobile population including tracking payroll payments for the mobile population and ensuring accurate reporting in payroll of the employees.
Getting Tax payments made to tax authorities/settlements with employees.
Coordinate with Tax vendor and Payroll to administer reimbursements and gross ups to the employees and manage statutory / internal deadlines for tax reporting.
Manage Tax Equalized (TET) accruals, BT Tax Advances monthly GL reconciliations, advise on multi-country payroll requirements for all mobility policy types, comp collect and imputes.
Support the complexities of employer reporting and tax withholding obligations associated with the delivery of incentive compensation for RSUs, Cash Bonuses and other Deferred Compensation Programs to domestic and mobile employees in multiple jurisdictions.
Responding to general mobility queries (including reporting requests, basic immigration/tax queries etc.)
Supporting process documentation, development, and maintenance.
Manage ServiceNow tax escalations from employees and other stakeholders.
Support finance-related activities including program budgeting & total cost reporting.
Qualifications:
Bachelors/Master's degree in accounting, Finance or a related field
Minimum of 7+ years of Global Mobility experience in employment tax, global personal income tax compliance and consulting, global compensation, rewards, mobility consulting in fast-paced environment
Preferred candidate to have combined Big4 Accounting firm and hands on Financial Services industry experience in developing policies and ability to provide guidance and recommendations for scaling the Global Mobility programs.
Understanding of HR processes and HR information systems like Workday, ServiceNow, Business Traveler Tracking and Equity Administration systems
Knowledge and experience working with tax, legal, compensation and immigration issues.
Ability to leverage Global Mobility knowledge to influence talent strategy related to organizational and leadership development.
Excellent organization and communication skills with great attention to detail, while focusing on stringent deadlines, managing concurrent high priority initiatives
Ability to work on assignments that are complex in nature, requiring judgment in resolving issues or making recommendation.
Our benefits To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about. Our hybrid work modelBlackRocks hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.About BlackRock At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their childrens educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress. This mission would not be possible without our smartest investment - the one we make in our employees. Its why were dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
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