Job Description Summary

This role is responsible for ensuring full compliance with local and international tax regulations, managing relationships with tax authorities, supporting tax related audits, identifying tax implications of products handled within the Broker Dealer (especially derivatives), supporting the business to some extent with basic tax advisory, and contributing to the Corporate Tax agenda.

Main responsibilities:

• Tax Compliance

  • Lead the overall tax function for the Broker Dealer, ensuring compliance with SAT, CNBV, and other regulatory requirements.

  • Ensure accuracy and adequacy of tax provisions, deferred taxes and all other tax related items record in the financial statements for Mexico and U.S. GAAP. Understand the key drivers impacting the Effective Tax Rate.

  • Ensure accuracy of tax accounting and reconciliation of tax accounts for Mexico and US GAAP; control and utilization of tax credits.

  • Oversee the preparation and timely filing of all tax returns (corporate income tax, VAT, withholding, local contributions, etc.).

  • Preparation and review of quarterly and annual US GAAP tax packages. Coordination of monthly tax payments.

  • Monitor changes in Mexican tax law, global developments, and their impact on the business.

  • Review the tax disclosures for legal entity financial reporting.

• Risk Management and Controls

  • Establish, enhance and maintain internal controls over tax processes to mitigate operational and reputational risks.

  • Lead responses to SAT tax audits, inspections, and information requests.

  • Review transfer pricing policies and documentation, particularly in relation to intercompany financial transactions, and support Transfer Pricing team on annual filing and audits.

  • Close coordination with tax advisors (EY, Chevez).

  • Actively participate in the accounting of tax related matters (VAT, Income Tax, Withholding, etc.).

  • Prepare tax information to be discussed in the different corporate governance bodies (Board of Directors, Audit Committee, Senior Management meetings).

  • Implement a robust policy for CFDIs generation and reconciliation.

• Business Support

  • Assist the business and support functions areas in evaluating tax consequences of new products, trades, or structures.

  • Review contracts and transactions to identify tax exposures and opportunities.

  • Collaborate with Legal and Compliance to ensure tax positions are defensible and properly documented.

• Leadership and Stakeholder Management

  • Manage and mentor the tax team (Director), fostering technical expertise and professional growth.

  • Act as the primary liaison with the tax authorities, auditors, and external advisors.

  • Partner closely with CFO, Corporate Tax, and senior management to align tax compliance matters with our business model.

Skills Required

• +7 years of experience in the financial sector, particularly with experience in derivative transactions.

• Public Accountant

• Bilingual (English and Spanish)

• Experience with tax and regulatory requirements (SAT, CNBV, Banxico).

• Knowledgeable of regulatory reports

• Experience handling tax audits.

• Analytical and problem-solving skills.

• Presentation,communication and interpersonal skills.

• Hands-on profile, with multitasking capabilities, project and time management, deadline and result oriented skills.

• Ability to manage, influence, inspire and develop people.

• Proficient in Microsoft Office.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry.

We're committed to bringing passion and customer focus to the business.

Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.