Website:
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Job details:
Assistant Manager – US Individual, Trust & Estate Tax and Foreign Reporting
Department: US Tax – Global Delivery
Location: India - Hyderabad/Gurugram
Experience: Typically, 5–8 years of relevant US tax experience, including at least 2 years in full-time review.
Reporting to: Tax Manager / Tax Director
Role Summary
Manage day-to-day review of US individual income tax returns (Form 1040), trust and estate income tax returns (Form 1041), and related foreign information reporting. The Assistant Manager will supervise assigned professionals, resolve routine technical issues, coordinate with US engagement teams, and support timely, accurate delivery.
Key Responsibilities
Review
- Review moderate returns independently within delegated authority and support the preparation and review of complex returns.
- Review individual returns covering wages, investment income, capital gains, business and rental activities, pass-through income, and state reporting.
- Review trust and estate income tax returns, including income and deduction allocations, distributions, and beneficiary Schedules K-1.
- Prepare and review applicable foreign reporting, including Forms 1116, 2555, 8938, and FBAR, and support Forms 8621, 5471, 8865, 8858, 3520, 3520-A, Form 926, Form 1118, Subpart F and Form 8992 NCTI (formerly GILTI) calculations based on experience and engagement requirements.
- Prepare and review basic to moderately complex partnership (Form 1065) and S corporation (Form 1120S) returns, with Manager guidance as needed.
- Reconcile returns to source documents, prior-year filings, and supporting workpapers.
- Analyze significant year-over-year variances and document explanations for changes in taxable income, tax liability, refunds, or balances due.
- Identify technical uncertainties, missing information, and reporting risks; escalate complex matters to the Manager or specialist.
Daily Delivery and Coordination
- Assign and track work based on professional capability, return complexity, and deadlines.
- Maintain accurate workflow statuses, open-item lists, completion forecasts, and time records.
- Coordinate with US engagement teams to obtain information and communicate progress.
- Flag delays, budget overruns, capacity constraints, and quality concerns promptly.
- Support the Manager with weekly reporting and forecast-versus-actual analysis.
Team Supervision and Training
- Coach Senior Associates on technical issues, workpaper standards, and self-review.
- Provide clear, actionable feedback and monitor recurring errors and rework.
- Support onboarding, technical training, and assessment of readiness for greater responsibility.
- Promote accountability for documentation, productivity, quality, and timely completion.
Technology and Process
- Use tax software, AI-assisted tools, and standard workflows effectively, validating outputs against supporting information.
- Identify improvement opportunities and share practical feedback with the Manager and platform teams.
- Follow confidentiality, data security, and firm policies.
Qualifications and Skills
- Bachelor’s or master’s degree in accounting, finance, commerce, or a related discipline.
- EA, US CPA, qualification preferred; candidates actively pursuing these qualifications may also be considered.
- Hands-on review experience with Forms 1040 and 1041, with relevant foreign reporting exposure.
- Experience with CCH Axcess, UltraTax, or comparable US tax software.
- Strong attention to detail, tax research, communication, and organizational skills.
- Ability to supervise a team and coordinate effectively with US colleagues during filing season.
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