Responsibilities
•Logical data analysis to understand trends
•Preparing federal and state workpapers for tax returns and extensions with the primary data provided by client
•Preparation of withholding returns - Monthly, Quarterly / Annually using LT tax and Tax port software's
•Preparation of federal, state and local tax returns including extensions for US based Partnerships, Corporations, and S. Corporation using software's like Go System, OneSource etc.
•Process flows, Documentation and preparation of SOPs
•Ability to support Internal and external tax audits
•Ability to generate and pull specific reports from workday & upload Journals into workday
•Knowledge of Tax payments and State Notice management, E filings of returns via OPTins
•Preparation of Monthly/Quarterly/Annual Balancing of various TPAs
•Preparation of Daily Deposits for Withholding Tax Liabilities
Essential Functions
•Prepare Withholding & SUT Tax Returns, support the team members in query resolution
•Preparation of withholding returns - Monthly, Quarterly / Annually using LT tax and Tax port software's
•Preparation of Daily Deposits for Withholding Tax Liabilities
•Preparation of Monthly/Quarterly/Annual Balancing of various TPAs
•Preparation of annual premium tax returns, estimates and other miscellaneous filings for US based entities
•Performing a review of filings prepared by other team members for accuracy, completeness and technical proficiency
•E filings of returns via OPTins and making the required payment to the state authority
•Performing transaction testing for five different types of transactions – New Business, Renewal, Reinstatement, Cancellation and Endorsement, while using required applications
•Preparing federal and state workpapers for tax returns and extensions with the primary data provided by client
•Preparation of federal, state and local tax returns including extensions for US based Partnerships, Corporations, and S. Corporation using software's like Go System, OneSource etc.
•Creating e-file XMLs of returns on platforms/software/applications approved by Internal Revenue Services (IRS)
•Work on client's portfolio to ascertain PFIC determination and various taxable impacts
•Perform Research on the open items and resolve them in timely manner
•Assist team to prepare internal reports, provide support in Audits and report deficiencies to offshore team
•Provide support to onshore team with tax audits as they arise
•Co-ordinate within the team for training, resolving complex issues, seeking advice etc.
•Provide support in preparation of MBR/QBR's
Requirements
•Must be a graduate with at least 15 years of formal education in any stream with relevant experience in the technical areas listed on this JD
•B.Com / M.Com / MBA / Bachelor's Degree in Finance or Accounting is required
•Indirect tax experience is necessary
