US Taxation Role - 1065 & 1120

US Tax 1065

Description:

- We are looking for a highly skilled and experienced Senior US Tax Accountant with expertise in both Partnership Tax Returns (Form 1065) and Corporate Tax Returns (Form 1120) to join our team in Hyderabad.

- The ideal candidate will have a strong foundation in US tax laws, particularly in the areas of partnerships and corporations, and will be responsible for ensuring accurate and timely tax compliance, planning, and reporting for our clients.

Key Responsibilities :

Preparation and Review of Tax Returns :

- Prepare and review complex partnership tax returns (Form 1065) and corporate tax returns (Form 1120), including all related schedules.

- Ensure compliance with US federal and state tax regulations for both partnerships and corporations.

- Conduct detailed analyses of financial statements to identify potential tax issues and opportunities for both entity types.

Tax Planning and Compliance :

- Assist in tax planning strategies to minimize tax liabilities and ensure compliance for partnerships and corporations.

- Stay current with changes in US tax laws and regulations that impact partnerships (1065) and corporations (1120).

- Provide strategic tax advice to clients, including recommendations on tax-saving opportunities and compliance requirements.

Client Management :

- Serve as a primary point of contact for clients, addressing their tax-related queries and concerns related to both 1065 and 1120 filings.

- Deliver high-quality client service by responding promptly and professionally to inquiries.

- Build and maintain strong client relationships, ensuring client satisfaction and retention.

Collaboration and Team Leadership :

- Lead and mentor junior accountants, providing guidance on both partnership and corporate tax issues.

- Collaborate with cross-functional teams to ensure the accuracy and completeness of tax data for all entity types.

- Contribute to team meetings and participate in initiatives to improve tax processes and efficiency.

Reporting and Documentation :

- Prepare and maintain detailed tax work papers for both 1065 and 1120 filings.

- Ensure timely and accurate filing of all required tax documents and forms.

- Assist with tax audits and inquiries, providing documentation and support for both partnership and corporate tax matters.

Qualifications :

Education :

- Bachelors degree in Accounting, Finance, or a related field. A CPA or equivalent qualification is highly preferred.

Experience :

- Minimum of 5 years of experience in US tax preparation and compliance, with significant

experience in both partnership tax returns (Form 1065) and corporate tax returns (Form 1120).

- Experience in a public accounting firm or tax advisory firm is highly preferred.

Technical Skills :

- Proficient in US tax software and Microsoft Office Suite (especially Excel).

- Strong understanding of US tax laws, regulations, and filing requirements for both

partnerships and corporations.

- Ability to analyze complex financial data and determine tax implications for both entity types.

Soft Skills :

- Excellent communication skills, both written and verbal.

- Strong attention to detail and organizational skills.

- Ability to work independently and manage multiple tasks and deadlines effectively.

Benefits :

- Competitive salary package.

- Health insurance and other benefits.

- Opportunities for professional development and career advancement.

- Work in a dynamic and collaborative environment with a global team.