Tax Accounting Specialist

Job Title: Tax Accounting SpecialistExperience: 3 to 8 yearsLocation: WFO, Madhapur, HyderabadShift: 4pm to 01 am IST or 8pm to 5am IST (15 days rotational)Type: FullTimeApplicable Notice: 30 days max

Job Overview:

We are seeking a meticulous and driven Tax Accounting Specialist with 3-8 years of experience in corporate tax accounting. The ideal candidate will have a working knowledge of U.S. federal, state, and city tax filings and demonstrate expertise in tax reconciliations, audits, and reporting.

Key Responsibilities:

• Collaborate with global stakeholders to process, record, and analyze tax-related accounting entries (accruals, amortization, allocation, reclassifications).
• Prepare balance sheet reconciliations for tax-related accounts, ensuring resolution of aged open items and supporting documentation.
• Participate in monthly, quarterly, and annual tax closing activities.
• Create and manage workpapers for tax filings, including:
• Federal Forms 990 and 990T UBI (Trial Balance, Balance Sheet, Income Statement, and various schedules).
• State Sales and Use Tax returns for states like CA, WA, MT, NM, TX.
• WA Business and Occupation Tax returns.
• Partnership Tax (Form 1065) and Excise Tax (Form 720).
• Personal Property Tax (PPT) for multiple counties.
• Extract, modify, and analyze monthly reports for variance and accuracy checks.
• Support audit deliverables and assist in resolving tax-related audit queries.
• Regularly update and maintain SOPs to reflect process changes and ensure compliance.

Required Skills:

• 3-8 years of experience in tax accounting or corporate finance.

• Experience with U.S. state tax laws, including the preparation, review, and filing of any of the following forms: 1065, 1120, 1120S, 990, 990-T, 720, PPT, etc.

• Proficiency in reconciliations, variance analysis, and tax return preparation.
• Strong analytical skills with attention to detail and problem-solving mindset.
• Proficiency in Excel; experience with accounting/tax tools is a plus.

Skills & Qualification:

• MBA / M.com in Finance specialization with 3 to 8 years (or) CA / CMA with 3 to 5 years of experience in Tax accounting.
  

Desired Skills and Experience