Staff US Tax (Partnership Tax 1065 OP/RE) Withum

1.0 - 5.0 years

0 Lacs

karnataka

On-site

As a Tax Staff Accountant at Withum India office, you will have the opportunity to work under the guidance of Tax Managers and Seniors from Withum India office while collaborating with the US Tax Services Group on various tax engagements. WithumSmith+Brown, P.C. is a forward-thinking, technology-driven advisory and accounting firm dedicated to helping clients achieve a Position of Strength in today's modern business landscape. Withum's reputation is built on teamwork, client service excellence, and a commitment to personal and professional growth for all team members. Your responsibilities will include the preparation of form 1065-Partnership returns for both Real estate and operating partnership federal & state jurisdictions returns. You should possess 1 to 4 years of post-qualification hands-on experience in a U.S. accounting firm and have a basic understanding of Temporary and permanent adjustments, as well as favorable and unfavorable adjustments. Additionally, you will be required to work on book to tax reconciliation, depreciation computation, and supporting documents with adequate referencing. A clear understanding of the tax concept of Amortization, as well as the ability to reference IRC codes and preliminary sources for any new book to tax differences identified in supporting workpapers, is essential for this role. You should also have a basic understanding of State tax returns, common state adjustments, Allocation and Apportionment, and factors associated with A&A. The role also requires the ability to differentiate between Allocation of income and Apportionment of income, understand special allocations versus default ratio allocations, and have a clear understanding of partners" tax capital accounts. In this position, you will need to perform proper self-review of work before moving the task for review, document open items, and share updates with the reviewer to ensure tax returns are completed within set deadlines. The ability to work on multiple projects simultaneously, correspond with aligned reviewers on status, and knowledge of e-file validation and diagnostics of returns are also key aspects of the role. Hands-on experience with tools and applications, as well as a basic understanding of the CARES Act and its implications and applications, will be beneficial. If you are a dedicated professional with a genuine passion for the business, Withum India offers a dynamic and collaborative work environment where talent thrives. Join us in our mission to help clients grow and thrive, and to be in a position of strength. Visit our website at www.withum.com to learn more about WithumSmith+Brown, P.C.,

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Associate Manager US Corporate Tax- - 1120 Withum

6.0 - 10.0 years

0 Lacs

karnataka

On-site

WithumSmith+Brown, P.C., is a forward-thinking, technology-driven advisory and accounting firm, helping clients to Be in a Position of StrengthSM in todays modern business landscape. Withum empowers clients and our professional staff with innovative tools and solutions to address their accounting, tax and overall business management and operational needs. As a US nationally ranked Top 25 firm, Withum is a place where talent thrives. We recruit only the best and brightest people, with a genuine passion for the business. As a Tax Associate Manager in our Withum India office, youll be collaborating and working with the US Tax Services Group on various tax engagements. Youll also have the opportunity to mentor and build a team of tax staff to work with on these engagements. Withums brand is a reflection of our people, our culture and our strength. Withum has become synonymous with teamwork and client service excellence. The cornerstone of our success can truly be accredited to the dedicated professionals who work here every day, easy to work with a sense of purpose and caring for their co-workers and whose mission is to help our clients grow and thrive - to be in a position of strength. But our commitment goes beyond our clients as we continue to live the Withum Way, promoting personal and professional growth for all team members, clients, and surrounding communities. How Youll Spend Your Time : Preparation of complex single & consolidation corporate returns including complex operating partnership returns. Detail review of corporate and partnership book to tax reconciliation & tax returns of both federal & state jurisdiction prepared by Staff/Senior. Identify potential adjustments due to tax law changes and reflect on workpapers and returns. Support staff in resolving tax issues identified and complete tax returns within set deadlines. Know international filing requirements and able to review international forms. Train existing/new joiners on concepts & technology and share timely feedback for each of the project reviewed. Supervise kick-off & regular connects with US counterparts by teams and intervene in budget conflicts. Knowledge of efile validation of returns and connect Go support for complex diagnostics clearing. Manage and coach aligned professionals for their career path. Responsible for quality & turnaround of returns for aligned office/niche. Provide regular feedback and keep motivating team during Tax seasons. Maintain good correspondence with US point of contacts for seamless process flow and regularly touch-base with scheduler to keep team occupied and share returns status. Assist in hiring and interview screen process as and when need arise to place potential candidates. Requirement: Minimum 6 to 9 years of post-qualification hands-on experience with U.S. accounting firm; Experience and knowledge of U.S. Tax Code is required. At least 3 years of leading multiple engagements and supervising staff; Strong command of the English Language, both written and verbal communication; Strong commitment to an entrepreneurial work ethic; Competently analyzes and prioritizes information to make appropriate recommendations; and Ability to manage multiple engagements simultaneously and communicate as a team with the Domestic (US) engagement teams. ,

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