Assistant Manager - Individual Tax

Current India; Gurugram District, Hyderabad; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Current India is seeking an experienced Assistant Manager to oversee the day-to-day review of US individual income tax returns (Form 1040) and trust/estate returns (Form 1041). The role includes supervising professionals, resolving technical issues, coordinating with US engagement teams, and ensuring timely, accurate delivery.

The ideal candidate has strong attention to detail, tax research skills, and experience with 1040/1041 and foreign reporting, plus familiarity with CCH Axcess or UltraTax.

Qualifications

• Bachelor's or master's degree in accounting, finance, commerce, or related discipline.
• EA or US CPA qualification preferred; candidates actively pursuing may be considered.
• Hands-on review experience with Form 1040 and 1041, with foreign reporting exposure.

Responsibilities

• Review moderate returns independently within delegated authority and support preparation and review of complex returns.
• Review individual returns including wages, investment income, capital gains, business and rental activities.
• Review trust and estate returns with allocations and K-1
• Prepare and review foreign reporting forms and related calculations.
• Prepare and review partnership and S-corp returns with manager guidance.
• Reconcile returns to source documents and prior-year filings.
• Analyze year-over-year variances and document explanations.
• Identify uncertainties and reporting risks; escalate as needed.
• Coach Senior Associates on technical issues and review standards.
• Support onboarding and training; assess readiness for greater responsibility.

Skills

Attention to detail

Tax research

Communication

Organizational skills

Team supervision

Education

Bachelor's or Master's in accounting/finance/commerce

EA/US CPA preferred

Tools

CCH Axcess

UltraTax

Job description

Role Summary

Manage day-to-day review of US individual income tax returns (Form 1040), trust and estate income tax returns (Form 1041), and related foreign information reporting. The Assistant Manager will supervise assigned professionals, resolve routine technical issues, coordinate with US engagement teams, and support timely, accurate delivery.

Key Responsibilities

Review

• Review moderate returns independently within delegated authority and support the preparation and review of complex returns.
• Review individual returns covering wages, investment income, capital gains, business and rental activities, pass-through income, and state reporting.
• Review trust and estate income tax returns, including income and deduction allocations, distributions, and beneficiary Schedules K-1.
• Prepare and review applicable foreign reporting, including Forms 1116, 2555, 8938, and FBAR, and support Forms 8621, 5471, 8865, 8858, 3520, 3520-A, Form 926, Form 1118, Subpart F and Form 8992 NCTI (formerly GILTI) calculations based on experience and engagement requirements.
• Prepare and review basic to moderately complex partnership (Form 1065) and S corporation (Form 1120S) returns, with Manager guidance as needed.
• Reconcile returns to source documents, prior-year filings, and supporting workpapers.
• Analyze significant year-over-year variances and document explanations for changes in taxable income, tax liability, refunds, or balances due.
• Identify technical uncertainties, missing information, and reporting risks; escal ...

Daily Delivery and Coordination

• Assign and track work based on professional capability, return complexity, and deadlines.
• Maintain accurate workflow statuses, open-item lists, completion forecasts, and time records.
• Coordinate with US engagement teams to obtain information and communicate progress.
• Flag delays, budget overruns, capacity constraints, and quality concerns promptly.
• Support the Manager with weekly reporting and forecast-versus-actual analysis.

Team Supervision and Training

• Coach Senior Associates on technical issues, workpaper standards, and self-review.
• Provide clear, actionable feedback and monitor recurring errors and rework.
• Support onboarding, technical training, and assessment of readiness for greater responsibility.
• Promote accountability for documentation, productivity, quality, and timely completion.

Technology and Process

• Use tax software, AI-assisted tools, and standard workflows effectively, validating outputs against supporting information.
• Identify improvement opportunities and share practical feedback with the Manager and platform teams.
• Follow confidentiality, data security, and firm policies.

Qualifications and Skills

• Bachelors or master's degree in accounting, finance, commerce, or a related discipline.
• EA, US CPA, qualification preferred; candidates actively pursuing these qualifications may also be considered.
• Hands-on review experience with Forms 1040 and 1041, with relevant foreign reporting exposure.
• Experience with CCH Axcess, UltraTax, or comparable US tax software.
• Strong attention to detail, tax research, communication, and organizational skills.
• Ability to supervise a team and coordinate effectively with US colleagues during filing season.