Gipfel Hr Solutions Llp
Website:
gipfelhr.com
Job details:
Designation: US Tax Manager-ASC 740
Experience: 8-12 years with mandatory CPA qualification and expertise in ASC 740
LOCATION: Gurugram,Near Golf Course
Mode of Work:(Hybrid): 3 days from office, 2 days from Home; Timings: 12:30 Noon to 9:30 PM
Company Description GIPFEL HR SOLUTIONS, LLP is a people-centered organization that attributes its success to the strength, expertise, and integrity of its team. We have been retained by our client to identify an US TAX Manager-ASC 740 as per the below mentioned description.
Role Description The US Tax Manager – ASC 740 will be responsible for managing income tax accounting and reporting under ASC 740, including preparation and review of quarterly and annual tax provisions for US entities. The role involves overseeing tax compliance processes, coordinating tax return preparation, reviewing supporting schedules, and ensuring alignment with US tax law and company policies. The Tax Manager will analyze tax positions, deferred taxes, and uncertain tax positions, and collaborate with finance, accounting, and external advisors to address complex tax issues and audits. The position includes developing and implementing tax planning strategies, monitoring legislative changes, and improving internal controls and documentation related to tax reporting. This is a full-time remote role that requires proactive communication, strong analytical skills, and the ability to manage multiple deadlines.
The ideal candidate will have strong expertise in ASC 740 (Accounting for Income Taxes), including tax provision preparation and review, deferred tax accounting, uncertain tax positions, and effective tax rate analysis. The role requires strong technical knowledge, leadership skills, and experience managing client engagements while ensuring high-quality deliverables and adherence to reporting deadlines
Key Responsibilities
- Lead and manage a team of ASC 740 tax professionals.
- Review and prepare quarterly and annual income tax provisions in accordance with ASC 740.
- Review current and deferred tax calculations, tax account reconciliations, and supporting workpapers.
- Prepare and review effective tax rate (ETR) reconciliations and tax provision disclosures for financial statements.
- Analyze deferred tax assets and liabilities, valuation allowances, and uncertain tax positions (FIN 48).
- Coordinate tax provision engagements from planning through final delivery.
- Ensure compliance with US GAAP, ASC 740 requirements, and internal quality standards.
- Collaborate with US engagement teams and client finance departments to resolve technical tax accounting matters.
- Review tax provision software outputs and validate accuracy of calculations.
- Identify process improvement opportunities and implement best practices to improve efficiency.
- Manage project timelines, workload allocation, and team productivity.
- Mentor, train, and develop team members through technical guidance and performance coaching.
- Handle complex tax accounting issues and provide practical solutions to clients.
- Support hiring, onboarding, and performance evaluations of team members
Technical Expertise Required
Strong hands-on experience in:
- ASC 740 – Accounting for Income Taxes
- Current and Deferred Tax Provision Calculations
- Effective Tax Rate (ETR) Analysis
- Deferred Tax Assets & Deferred Tax Liabilities
- Valuation Allowance Assessment
- FIN 48 / Uncertain Tax Positions
- Tax Footnote Preparation & Financial Statement Disclosures
- Tax Account Reconciliations
- Quarterly & Annual Tax Provision Process
- Provision Software such as OneSource Tax Provision, CorpTax, Longview Tax, or similar tools
Required Skills & Qualifications
- Professional CPA qualification is mandatory
- 8–12 years of experience in US Tax, with significant experience in US Corporate Tax and ASC 740 and Income Tax Provision.
- Strong experience reviewing and preparing ASC 740 tax provisions.
- Prior experience leading teams and managing multiple client engagements.
- Strong understanding of US GAAP, ASC 740, and corporate tax accounting.
- Experience working with US CPA firms or multinational corporations preferred.
- Knowledge of corporate tax compliance (Forms 1120/1120S) is an added advantage.
- Excellent analytical, technical, and problem-solving skills.
- Strong communication and client management skills.
- Ability to manage multiple deadlines in a fast-paced environment.
- High attention to detail and commitment to quality.
Key Competencies
- Leadership & Team Management
- ASC 740 Technical Expertise
- Tax Provision Review & Quality Control
- Client Relationship Management
- Project & Deadline Management
- Process Improvement
- Analytical Thinking & Problem Solving
- Communication & Stakeholder Management
- Coaching & Mentoring
Additional/Complimentary Qualifications
- Candidates should possess strong skills in Tax Planning and Tax Preparation to develop strategies and accurately prepare tax-related calculations and documentation.
- Candidates should possess solid Tax Compliance and Tax Law knowledge to ensure adherence to US regulations and support accurate filing and reporting.
- Experience in public accounting or corporate tax departments, including reviewing tax provisions, returns, and related workpapers.
- Experience with tax provision software or ERP systems and familiarity with SEC reporting requirements is beneficial.
Click on Apply to know more.