Michael Lempert Email & Phone Number

New York, Ny, Us

New York, Ny, Us

Various projects/roles in US Tax Information Reporting and Withholding space. Some of the highlights:- Reviewed and validated operational policies and procedures to identify any inconsistencies- Highlighted gaps in the current operational processes and provided recommendations for remediation- Created test cases to validate operational processes around Reporting, Withholding and Documentation areas - Provided tax technical training to the members of Internal Audit Department- Led Audit's work streams related to Tax Withholding and Tax Documentation in collaboration with Audit Technology- Presented weekly project status report to Senior Management- Oversaw solicitation and validation efforts of tax Forms W-8/W-9 for the Americas region- Identified gaps in the current tax operational process and worked closely with Corporate Tax and Business Heads on remediation plan- Provided operational process improvement recommendations to project stakeholders- Designed and presented workflows of future state of US tax information reporting compliance- Responded to clients’ inquiries related to tax form validation process- Presented weekly project status report to Senior Management- Collaborated with in-house Program Management, Corp Tax, On-Boarding and AP teams

London, Gb

Customer Tax Operations Reporting Services (CTORS)- Led EY's newly established US Tax reporting Center Of Excellence (CoE)-Managed a global team of tax professionals to support CoE's production cycle-Oversaw production of Forms 1099-series/1042-S/945/1042 for EY's clients-Onboarded and trained junior members of the team-Drafted pricing plans, requests for proposals, various presentations and client facing materials-Governed relationships with various vendors/service providers-Administered Cayman Island's FATCA and CRS filings for EY's clients

Jersey City, New Jersey, Us

-Established US Tax Withholding and Reporting Operations-Designed and developed on-line tax form validation process-Implemented tax module for accurate withholding calculation and reporting, using proprietary custody back office system-Assisted in re-engineering of existing on-boarding system to enhance customer journey-Led UAT efforts to test current system’s tax functionality

New York, Ny, Us

-Established brand-new US Tax Information Reporting and US Relief at Source product lines-Developed Operational processes & procedures; integrated TIR team into existing Operational model-Created, designed and managed on-line tax validation system (W8/ W9) and tax information reporting module (1042-S)-Spearheaded all product development efforts for US TIR product line-Designed, implemented and managed invoice system for incoming payments-Built internal reconciliation and validation online workflow tool for managing year-end reporting process and to identify gaps in incoming data files-Participated in industry related conferences and seminars as a speaker and panelist-Aided marketing group to design internal and external promotional and educational materials for new TIR products-Assisted in client engagement/on-boarding and relationship management

New York, Ny, Us

- Designed and implemented a Firm-wide monthly tax deposit reconciliation process- Led and administered Firm-wide efforts related to the tax documentation remediation project (issue identification, solution design and implementation) in partnership with external accounting and legal teams- Worked with internal IT and an external accounting firm on creating bank’s Tax Compliance self-assessment web tool to monitor and measure Bank’s compliance with IRS’s rules and regulations - Developed and rolled out tax compliance information reporting program, geared towards ongoing identification and mitigation of inconsistencies in existing processes- Built Firm-wide centralized process for managing IRS’s CP2100 & CP2100A Notices

Us

VP of Tax Ops/Process Improvement and Re-engineering-Implementation and management of Tax Allocation System (TAS) based on sec 1441 of the IRS regulations-Managed year-end reporting (1099/945 and 1042-s/1042) for QIs, NQIs and the underlying BOs for NY, Tokyo and London's offices.-Assisted in redesign of year-end and tax form validation engines- Served as a liaison with Lehman's tax reporting and withholoding service provider