Website:
sofacindia.com
Job details:
Company Description SOFAC INDIA (Star of Accounting Concepts Private Limited) is a Hyderabad-based firm specializing in US taxation, audit support, and accounting services for CPA firms and clients across the United States. The firm focuses on simplifying financial management, ensuring regulatory compliance, and providing dependable support so clients can concentrate on business growth. Services cover individual and business tax returns, federal, state, and local tax compliance, as well as proactive tax planning. SOFAC INDIA also delivers offshore audit support aligned with US GAAP and comprehensive accounting services, including bookkeeping, financial statements, reconciliations, and period-end closings. The team emphasizes client-focused solutions, reliability, and professional integrity, acting as a trusted partner in navigating US financial and audit regulations.
Role Description The US Taxation Specialist (Entity Taxation – 1065, 1120 & 1120S) will manage the preparation and review of US entity tax returns, including partnerships, corporations, and S-corporations. Day-to-day responsibilities include analyzing financial data, ensuring accurate tax treatment, maintaining compliance with federal and state tax laws, and preparing supporting workpapers and documentation. The role involves coordinating with CPA firms and internal teams, responding to tax notices, assisting with tax planning initiatives, and keeping up to date with changes in US tax regulations. This is a full-time, on-site role based in Hyderabad, requiring close collaboration with colleagues to deliver timely and high-quality tax services.
Qualifications
- Strong knowledge of US entity taxation for Forms 1065, 1120, and 1120S, including partnership, corporate, and S-corporation tax rules.
- Proficiency in tax compliance processes, including return preparation, review, federal and state filings, and handling tax notices.
- Experience in accounting and finance fundamentals, including bookkeeping concepts, financial statements, and general ledger understanding.
- Ability to perform detailed tax research, interpret IRS and state regulations, and apply guidance to client-specific situations.
- Comfort with tax and accounting software tools, spreadsheets, and documentation management systems.
- Strong analytical, problem-solving, and numerical skills with high attention to accuracy and detail.
- Effective written and verbal communication skills and the ability to collaborate with CPA firms and internal stakeholders.
- Bachelor’s degree in Accounting, Finance, Commerce, or a related field; professional certifications (e.g., CPA, EA, CA, or pursuing equivalent) are an advantage.
- Willingness to work on-site in Hyderabad and manage deadlines in a fast-paced, client-focused environment.
- Prior experience in US taxation or working with US CPA firms is highly preferred.
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