Job
Description
As an experienced Offshore Tax Preparer, your role will involve supporting a U.S.-based accounting firm with tax compliance services. You will focus on preparing federal and state tax returns for individuals and business entities, utilizing your strong background in accounting principles, U.S. GAAP, IRS regulations, and state tax compliance. While collaborating with the onshore team, you will not engage directly with clients. Key Responsibilities: - Prepare federal tax returns, including Form 1040, 1041, 1120S, 1120, and 1065. - Accurately prepare supporting schedules for depreciation, basis, allocations, and distributions. - Handle state tax filings and compliance across multiple jurisdictions. - Assist with extensions and amended returns as required. - Ensure all returns comply with IRS and state tax laws and regulations. - Stay current on changes in tax codes affecting individuals, corporations, partnerships, and trusts. - Apply GAAP principles in the preparation and review of financial data for tax reporting. - Work with the U.S. team to receive and process client-provided data. - Maintain detailed digital workpapers, supporting schedules, and reconciliation files. - Follow standardized firm processes to ensure efficiency and accuracy. Qualifications: - Bachelor's degree in Accounting, Finance, or a related field (CPA/EA preferred but not required). - Minimum 3 years of hands-on experience in preparing U.S. federal and state returns for various entity types. - Strong knowledge of U.S. GAAP, IRS regulations, and multi-state tax rules. - Familiarity with U.S. tax preparation software (e.g., Drake, UltraTax, ProSeries, CCH, or similar). - Strong analytical and problem-solving skills with high attention to detail. - Excellent English communication skills for collaboration with the U.S. CPA team. - Candidates with California tax preparation experience are preferred. Preferred Skills: - Exposure to U.S. corporate accounting processes and reconciliations. - Experience with multi-tiered entities, pass-through taxation, and trust accounting. - Ability to work independently, manage multiple assignments, and meet deadlines. - Familiarity with accounting software such as QuickBooks is a plus. Work Arrangement: - Offshore/remote position with no direct client interaction; collaboration with the onshore CPA team. - Must be flexible with time zone overlap to coordinate with U.S. business hours as needed. Additional Company Details: - Location: Mohali, Punjab - Health insurance provided - Full-time job type Preferred Experience: - 3 years of US Accounting & Taxation experience - Strong knowledge of US federal and state tax codes and IRS filing procedures - Proficiency in tax software such as Drake, ProSeries, or Lacerte - Excellent analytical, problem-solving, and communication skills Benefits: - 5-day work week (Monday-Friday) - Shift timing: 2:00 PM - 11:30 PM - Competitive salary with a hike on current CTC - Health insurance and a collaborative work environment - Local Candidates Preferred & Man (Mohali Location),
