Consultant, Direct Tax, Firm Tax
As a Tax Consultant you will be responsible for preparing and computing book-tax differences, calculating taxable income, preparing and reviewing federal partnership returns, analyzing state apportionment, state law adjustments, and preparing and reviewing state partnership, composite, and withholding tax returns, and producing and distributing the annual K-1 packages. This requires involvement in various processes including federal and state return and K-1 preparation. You will also onboard, manage and retain our staff, and assist with transforming our people, processes, and technology.
Work you'll do
As a Consultant, Direct Tax on the Firm Tax team, you will be responsible for…
Preparing and reviewing schedules and working papers for US Firms federal, state, and local partnership income tax returns, including partner-related information
Producing and distributing annual partner K-1 packages, including allocations of income, deductions, and separately stated items
Supporting preparation of composite nonresident income tax returns, withholding calculations, state apportionment, and estimated state tax payment analysis
Performing federal and state tax research and supporting implementation of tax legislation affecting the US Firms
Supporting tax audits, tax notices, monthly state tax accrual reviews, and assigned workflow activities for partnership tax compliance processes
The team
Firm Tax team: This position is a part of the US India Firms Tax team. The Firms Tax team is responsible for ensuring entity level compliances for all the US companies, besides catering to the tax essentials and advise to US companies’ business and enabling functions ecosystems. The team consists of tax professionals with adequate expertise in handling tax matters. This team works in close coordination with the US finance, legal and enabling besides business teams to ensure optimum tax health of the US companies named above.
Location: Hyderabad
Shift Timings: 2 PM to 11 PM
Qualifications
Required:
Bachelor’s degree in Accounting or Taxation
Eligibility for Certified Public Accountant (CPA) or other relevant certification
3+ years of experience in federal and state partnership tax compliance, tax research, and tax planning
Experience preparing or reviewing federal, state, and local partnership income tax returns
Experience preparing or reviewing Schedule K-1 packages and partner-related tax information
Experience with state apportionment, composite returns, withholding, or pass-through entity tax calculations
Preferred:
Advanced degree in Accounting, Taxation, or Law
Experience in a professional services firm
Experience supervising tax professionals on a project or engagement basis
Experience with tax forecasting or tax planning
Experience with partner-level income allocations
Proficiency in Microsoft Excel
