Senior Process Executive in Tax Outsourcing
Cognizant Technology Solutions-Mangalore
Total years of experience :3 years, 10 Months
• An astute Professional with 3+ yrs. of experience in Tax payments & Disbursements.
• Associated with Cognizant Technology Solutions Mangalore as Process Executive in Tax Outsourcing Since 2020 June to May 2022.
• I work for Tax non-escrow accounts in responsible for monitoring and processing real estate tax payments on non-escrowed real estate loans and providing assistance to the loan servicing team.
Key duties and responsibilities: -
• Process involves the US mortgage taxation of loan servicing.
• Research on different properties in USA Which are under mortgage and for payment of real estate property taxes.
• Maintaining homeowners account by validating tax details.
• Reviewing the loans before disbursing the tax amounts; validating the delfus letter (Notice period), assessing the activity of the loan, verifying if taxes are already paid or delinquent, verifying sites, checking stop codes which prevents tax payments.
• Procuring the information from taxing authority and reporting to the team.
• Working in convert and pay team where the primary responsibility is to disburse the delinquent taxes to tax office and convert the account to Escrow account.
• Maintaining the tax line current year accrual amounts.
• Working with internal (offshore) and external (onshore) departments for resolving many issues related to Delinquent Taxes.
• Corresponding with the Tax Collector for the same.
• Escalating loans to the client if the information is inappropriate in client system while processing or reviewing the loan.
• Handling the issues related to Delinquent taxes, Exemptions, Adjustments on the property.
• Obtaining client approvals and maintaining the TAX records as per client requirements.
• Completing tasks by updating the closing notes in client system and Core logic system that include proper breakdown, delinquent amounts with year and instalments. good through date, collecting agency, payment type and proper resolution that indicates all action taken regarding the loan.
A Study on Education Loan to PG Students with Reference to Selected Banks of Mangalore Region