Iftekar Mugut

Senior Manager - Global Information Reporting (FATCA-CRS) @ PwC

About

As a Seasoned US Tax Professional, I specialize in Regulatory Compliance areas including FATCA, CRS, 1099, 1042, Backup Withholding, FBAR, Distribution Analysis, and Tax Form Validation. My role requires not only Technical Expertise but also Strong Leadership capabilities to mentor and manage a diverse team. With over 16 years of experience, I currently head PWC Global Information Reporting Team in India.

Country

India

City

Pune City

Industry

Financial Services

Skill

Global Cross-Functional Team Leadership, NRA Tax Reporting, Strategic Human Resource Planning, Financial Accounting, Legal Document Preparation, U.S. Foreign Account Tax Compliance Act (FATCA), Common Reporting Standard (CRS), 1099, 1042, FBAR, US Tax Form Validation, Team Leadership, Reporting & Analysis, Client Correspondence, Global Information Reporting, Project Management, Global Information Reporting (US Tax), Global information reporting, US Tax, Written Communication

Experience

Senior Manager - Global Information Reporting (FATCA-CRS)

PwC

2023-8 - 2026-4 · 2 yrs 9 mos

Pune District

Heading PwC's Global Information Reporting Team in India, I oversee and manage comprehensive reporting requirements critical to our clients. My role encompasses a diverse range of responsibilities, including compliance with key regulations and validation processes alongside heading a strong team in India and coordinating teams across different geographic locations. Expertise: FATCA-CRS Reporting, Tax Reporting Compliance 1099 and 1042, FBAR, Distribution Analysis, Billing & Tax Form Validation | Managing a Multi-Member Team with Varied Client Projects

Vice President US Tax Reporting & Compliance

BNY

2021-3 - 2023-8 · 2 yrs 6 mos

India

Managing & Working with multiple teams - US Tax Reporting & Compliance - 1042S, 1099B, Tax Form Validation, Backup Withholding, Cost Basis Reporting & USTA

Team Leader - US Tax Reporting & Compliance (US Tax Ops NRA & USTA)

BNY

2017-7 - 2021-2 · 3 yrs 8 mos

Pune, Maharashtra, India

Job Role • Validate the US Tax Forms applicable to the Client • Ensure Accurate Data Reporting to the IRS as part of 1099 & 1042S Reporting. • Withhold US sourced income at the proper rate based on client documentation and type of income • Reconcile tax withholding details for taxable income with the client. • Regularly reconcile the amount withheld & Authorize Tax Reversals as part of Reconciliation • Address and Resolve client queries & escalations • Conduct interviews as part of hiring. Manage team, provide regular trainings and feedback. Conduct yearly appraisal and provide ratings.