Job
Description
Skill required: Record to Report- Tax - Tax Process Design Designation: Record to Report Ops Associate Qualifications: Any Graduation Years of Experience: 1 to 3 years What would you do? Prepare and submit accurate 1099, 5498 forms for vendors, contractors, and other non-employee entities, ensuring compliance with IRS regulations. Review and reconcile financial data to ensure accuracy in 1099, 5498 reporting. Stay updated on changes in tax laws and regulations related to 1099, 5498 reporting and incorporate these changes into company processes and procedures. Communicate with vendors and internal stakeholders to resolve any discrepancies or issues related to 1099, 5498 reporting. Assist with year-end tax reporting processes, including issuing and distributing 1099 forms to recipients and filing with the appropriate tax authorities. Collaborate with cross-functional teams, including Accounting, Finance, and Legal, to ensure accurate and timely tax reporting. Strong communication and interpersonal skills.Posting journal entries, preparing balance sheet reconciliations, reviewing entries and reconciliations, preparing cash forecasting statement, supporting month end closing, preparing reports and supports in audits. Posting direct tax and indirect tax and GST s and returnsDesign and implement processes for direct Tax/income tax. Includes direct tax/income tax planning, income tax accounting, income tax compliance and income tax audit. What are we looking for? We are seeking a detail-oriented and knowledgeable Tax Associate to join our team. The Associate will primarily focus on 1099 reporting, ensuring compliance with federal and state tax regulations. The ideal candidate will have an understanding of tax laws, decent analytical skills, and the ability to work efficiently in a fast-paced environment.The ideal candidate will have an understanding of tax laws, decent analytical skills, and the ability to work efficiently in a fast-paced environment. Roles and Responsibilities: Prepare and submit accurate 1099, 5498 forms for vendors, contractors, and other non-employee entities, ensuring compliance with IRS regulations. Review and reconcile financial data to ensure accuracy in 1099, 5498 reporting. Stay updated on changes in tax laws and regulations related to 1099, 5498 reporting and incorporate these changes into company processes and procedures. Communicate with vendors and internal stakeholders to resolve any discrepancies or issues related to 1099, 5498 reporting. Assist with year-end tax reporting processes, including issuing and distributing 1099 forms to recipients and filing with the appropriate tax authorities. Collaborate with cross-functional teams, including Accounting, Finance, and Legal, to ensure accurate and timely tax reporting. Strong communication and interpersonal skills.
