Associate - Tax Provisions

Weaver India; Bengaluru; On-site; INR 600,000 - 900,000; Full time

Job summary

Weaver India in Bengaluru is seeking an Associate Tax professional to join our US corporate tax practice focused on ASC 740 and 1120 returns. You will work as a team player, handle multiple assignments, and be ready for longer hours during deadlines.

Candidates should understand US federal/state returns, prepare schedules, analyze client data, and assist in tax provision under US GAAP/IFRS. Prior exposure to GoSystem or CCH Axcess is preferred.

Qualifications

• Understanding of US corporate tax and able to work independently on Federal and state return (1120).
• Prepare supporting schedules for state income/franchise tax returns, where applicable.
• Gather and analyze client financial data (trial balances, GL details, fixed asset reports) to support tax calculations.
• Compute taxable income, NOLs, credits, and other return components in accordance with U.S. tax law.
• Identify and compute temporary and permanent differences between book and tax.
• Self-review in reconciling tax returns to financial statements and client workpapers.
• Support senior team members in identifying temporary differences and calculating deferred tax assets/liabilities.
• Assist in preparing tax provision support (current and deferred tax) under U.S. GAAP/IFRS for client financial reporting.
• Perform basic tax research on U.S. corporate tax issues using standard research tools.
• Maintain, organize and document the research and findings.

Responsibilities

• Prepare and file US Federal and State corporate tax returns (1120) and related schedules.
• Gather client data and perform tax calculations and research as needed.
• Identify and explain temporary/permanent differences for book vs tax.
• Assist in tax provision work under US GAAP/IFRS for financial reporting.
• Support senior team during deadlines; expect extra hours during peak periods.

Skills

US corporate tax

1120 returns

Tax research

ASC 740

GoSystem/CCH Axcess

Consolidation (Large entities)

Documentation

Financial data analysis

Proactive learning

Tools

GoSystem

CCH Axcess

Job description

Position Profile

Weaver is looking for talented Tax professionals at the Associate level candidate to join our growing firm! The Candidate should be a team player who exhibits initiative, accepts responsibility, communicates effectively, and manages multiple concurrent assignments of varying sizes and complexity. As this role is focused on the ASC 740 and Corporation (1120) practice, the candidate should have a strong work ethic and be a self-starter. During the client and compliance deadline, candidate should be ready to put extra hours.

To be successful in this role, the following qualifications are required:

• Understanding of US corporate tax and able to work independently on Federal and state return (1120)


• Prepare supporting schedules for state income/franchise tax returns, where applicable.


• Gather and analyze client financial data (trial balances, GL details, fixed asset reports) to support tax calculations.


• Compute taxable income, NOLs, credits, and other return components in accordance with U.S. tax law.


• Identify and compute temporary and permanent differencesbetween book and tax.


• Self-review in reconciling tax returns to financial statements and client workpapers.


• Support senior team members in identifying temporary differencesand calculating deferred tax assets/liabilities.


• Assist in preparing tax provision support(current and deferred tax) under U.S. GAAP/IFRS for client financial reporting.


• Perform basic tax researchon U.S. corporate tax issues (e.g., depreciation, interest limitation 163(j), NOLs, credits, 382, etc.) using standard research tools.


• Maintain, organize and document the research and findings.


• Experience with major tax compliance software like GoSystem, CCH Axcess strongly preferred.


• Having experience on consolidation (Large entities) is plus.


• Ready to learn new concepts, especially Provision (ASC 740).

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