Income Tax Associate/AVP - Financial Management Department
About the job
- A master's degree or equivalent in a tax-related field is required.
- At least 2 years of experience in taxation or accounting, or relevant experience in the banking and financial services industry; AVP-level candidates need 4 or more years of such experience.
- Knowledge of taxation, accounting, and finance or banking is required.
- Experience in corporate income tax, general ledger, and financial statement preparation is required; familiarity with accounting and regulatory compliance, including United States Generally Accepted Accounting Principles and International Financial Reporting Standards, is required.
- Fluency in spoken and written English is required.
- Review state tax estimate calculations, tax provisions, and tax returns to ensure compliance with state tax regulatory and filing requirements.
- Handle notices from states.
- Monitor state tax law developments applicable to the bank.
- Coordinate indirect tax consulting needs, including sales and use tax.
- Review tax provisions prepared for financial statement purposes and handle external audit inquiries.
- Review information collected for state income tax return preparation, such as state apportionment data.
- Monitor the return filing process with applicable state tax authorities.
- Review annual state tax returns.
- Perform the annual state tax nexus and apportionment analysis.
- Review or prepare state tax quarterly or monthly provisions and ensure the accuracy of state tax calculations.
- Prepare state tax estimated tax payments.
- Handle internal state and local tax inquiries by collecting specific business facts and circumstances and performing state tax research or leveraging external tax resources to reach conclusions.
- Update policies and procedures to enhance internal control over state and local tax compliance.
- Collect and compile documents and respond to notices received from state tax authorities.
- Contact tax authorities to resolve open tax issues, such as pending refunds and misapplied tax credits.
- Monitor audit progress and respond to tax authorities’ requests.
About the company
Bank of China USA, the US branch network of Bank of China, handles banking between the United States and China for companies, financial institutions, and wealthy individuals. It was the first Chinese bank in the United States and uses its parent's global network to connect clients with overseas banking services. Chinese companies operating in the US and Fortune 500 firms use it for corporate loans, trade finance, currency trading and cross-border cash management, paying interest and service fees, while individuals use its personal banking. The US network dates to 1981, when Bank of China, founded in 1912, reopened its operations with a branch in New York, where the US business is based.
Company Size
501-1,000
Company Stage
N/A
Total Funding
N/A
Headquarters
New York City, New York
Founded
1981
Get referred to Bank of China USA
See people who can refer or advise you
Simplify's Take
What believers are saying
- BOCUSA's August 2026 Beijing and Shanghai sessions drew nearly 30 client institutions, reinforcing its cross-border sales channel.
- BOCUSA describes employee youth mentoring with one-to-one meetings every two weeks during the school year.
- BOCUSA says over 90% of clients are U.S.-based, anchoring its customer relationships in the American market.
What critics are saying
- BOCUSA's Queens compliance roles allocate 50% to regulatory controls and 45% to account review and transaction monitoring.
- BOCUSA's Chicago and Los Angeles deposits lack FDIC insurance, leaving that funding outside the U.S. deposit-guarantee system.
- BOCUSA's federal branches need not report regulatory income, limiting standard comparisons of U.S. branch profitability.
What makes Bank of China USA unique
- Bank of China USA is one of two banks designated for yuan clearing in the United States.
- BOCUSA's New York branch handles CME futures-exchange payments in dollars and yuan, with overnight credit for clearing members.
- BOCUSA's New York and Queens branches jointly hold a regulatory deposit equal to 5% of third-party liabilities.
Help us improve and share your feedback! Did you find this helpful?