GR8 Global
Website:
gr8global.com
Job details:
About the Role
We are looking for a US Tax Associate with hands-on experience in preparing US Individual (Form 1040) and Partnership (Form 1065) tax returns.
Key Responsibilities
- Prepare US Individual Income Tax Returns (Form 1040) for various individual taxpayers.
- Prepare US Partnership Tax Returns (Form 1065), including related schedules and supporting forms.
- Prepare and review supporting schedules such as Schedule K-1, Schedule C, Schedule E, Schedule D and Schedule B.
- Analyze client-provided financial information, trial balances, workpapers and tax documents.
- Perform tax research and identify applicable federal and state tax provisions.
- Reconcile book-to-tax differences and make appropriate tax adjustments.
- Assist with preparation of federal and state tax returns and related filings.
- Review tax returns for completeness, accuracy and compliance with US tax regulations.
- Identify missing information, inconsistencies and potential tax issues.
- Work with senior team members/managers to resolve complex tax matters.
- Communicate effectively with onshore teams regarding tax return queries and open items.
- Maintain proper documentation and workpapers in accordance with firm standards.
- Ensure timely completion of assigned tax returns and engagements.
Required Skills & Qualifications
- Bachelor's degree in Accounting, Commerce, Finance or a related field.
- 1–4 years of experience in US Taxation.
- Hands-on experience with Form 1040 and Form 1065.
- Good understanding of US Federal Taxation.
- Knowledge of US tax concepts including:
- Individual taxation
- Partnership taxation
- Income and deductions
- Capital gains/losses
- K-1 reporting
- Depreciation
- Itemized deductions
- Schedule C/E/D
- Experience working with US tax software such as CCH, GoSystem, UltraTax, ProSeries, Lacerte or similar is preferred.
- Strong analytical and problem-solving skills.
- Good written and verbal communication skills.
- Ability to work independently as well as within a team.
- Strong attention to detail and ability to meet tight deadlines.
Click on Apply to know more.
