Job
Description
Job Title:US Tax Specialist
Reports To: US Tax Manager
Functional Area: Tax / Finance
Location: Bangalore / Gurugram
About Accenture:
Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy & Consulting, Technology & Operations Services and Accenture Song - all powered by the world's largest network of advanced technology and intelligence operations centers. Our 775,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. Visit us at www.Acenture.com.
Brief :
The US Tax Specialist will play an integral role in US Federal, International and State Income Tax compliance and reporting related activities; including preparation of tax provisions, true-ups, and providing support for the audit process as required (Accenture is in the CAP program). This person will also be expected to support special projects as needed.Responsibilities:
Compile and analyze data necessary to complete the income tax returns, including calculating certain book/tax differences, preparing schedules supporting various tax forms or other reporting requirements, as well as any necessary information to file accurate and timely returns.Provide support for international income tax filings, including foreign taxes, BEAT, GILTI, or FDII inputs and computations.Provide support for state income tax filings, including calculation of the state modifications, preparation of work papers supporting state apportionment, and state income tax extensions and estimated payments.Provide support to prepare and maintain information to be provided to federal and state authorities to respond to information requests or notices.Prepare Forms W-9, W-8-BEN, and other quarterly and annual US non-income tax filings, including FBAR and Forms 720, 1042, and 6166, among others. This role requires maintaining documentation of original signatures and tracking mailing/e-filing records as required.Assist in preparation of forms and statements related to acquisition, integration, and restructuring activities, such as preparation of Forms 8023, 8832, and SS-4. The Specialist also maintains data repositories, including FEINs and EFT registrations.Assist the supervisor to maintain the compliance calendar and compliance SharePoint site, to ensure information is organized and accessible to members of the US team.Support several Income Tax accounting functions, including providing assistance in computing the quarterly and annual US provision calculations under ASC 740, drafting tax accounting entries for Accentures 10-K and separate subsidiary company financial statements, populating tax provision software, and analyzing tax account details.Run data queries (in SAP), perform General Ledger account data analysis, and support data used for income tax compliance and accounting for income tax reporting.In this role, the Specialist will also have opportunities to improve efficiencies in existing processes, including using technology to reduce manual calculations and/or developing alternative methods of performing repetitive computations.The US Tax Specialist works collaboratively with an in-house tax team, as well as outside service providers, US Controllership, CIO, Treasury, members of the Delivery Service Centers supporting US Controllership, and other internal Accenture organizations as needed.
Mandatory Professional
Skills:
Strong written and verbal communication skills.Ability to team and communicate effectively, across functions and time zones.Ability to deliver high quality work product under tight deadlines.Ability to think and work independently with attention to detail.Strong analytical and problem-solving skills.Self-starter with the ability and confidence to work well in an unstructured, dynamic environment.
Qualification
Mandatory
Qualifications/ Experience:
Chartered Accountant (CA)/ CPA/ Enrolled Agent (EA) with 5 years of experience (preferred) or a graduate/ post-graduate in commerce with 8 years of experience in US Tax Compliance and Reporting with multinational companies (MNCs) or a combination of MNCs along with public accounting firms.Experience in preparation of US international Tax Forms 5471, 8992, 5472, 8858, Sub F, 1118, 1120-F, 8991, 8993, in order of preference.Experience in US Tax Reporting.Proficiency in Microsoft Excel.
Preferred Experience:
Experience in preparation of US Federal and State Tax Forms (Form 1065, 1120)SAP or other ERP general ledger system experience.Familiarity with OneSource Tax Provision.Working knowledge of Alteryx and Microsoft Power BI.Experience in teaming with third party tax service providers.
