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NOW ACCEPTING APPLICATIONS FOR THE FOLLOWING POSITION:ACCOUNTING MANAGER OVERVIEW OF JOB DUTIES: (See also detailed Job Description available on rfta.com) Under the direction of the Finance Director,
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Accounting Manager - RFTA stands for Accounting Manager - Report of Foreign Bank and Financial Accounts. It is a report required by the U.S. Department of the Treasury to disclose foreign financial accounts.
U.S. persons who have a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year are required to file Accounting Manager - RFTA.
Taxpayers can fill out Accounting Manager - RFTA electronically through the Financial Crimes Enforcement Network's BSA E-Filing System.
The purpose of Accounting Manager - RFTA is to combat money laundering and other financial crimes by providing the U.S. government with information about foreign financial accounts held by U.S. persons.
Accounting Manager - RFTA requires information about the account holder, the account number, the name and address of the foreign financial institution, and the maximum value of the account during the reporting period.
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