Associate - Tax Provisions

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

Job summary

Weaver in Bengaluru seeks an Associate-level Tax professional to join our ASC 740 and 1120 practice. You will work on federal and state returns, build schedules, and analyze data under US GAAP/IFRS for client reporting.

Ideal candidates bring strong work ethic, are self-starters, and can handle deadlines with extra hours when required. Collaboration with a growing team is expected as you deepen your expertise in corporate tax.

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 to support tax calculations.
• Compute taxable income, NOLs, credits, and other return components under US tax law.
• Identify temporary and permanent differences between book and tax.
• Assist in preparing tax provision support under US GAAP/IFRS for client reporting.

Responsibilities

• Work on US federal and state returns (1120) and related schedules.
• Analyze client financial data to support tax calculations.
• Identify and reconcile temporary differences between book and tax.
• Support senior team in deferred tax assets/liabilities calculations.
• Prepare tax provision support under US GAAP/IFRS for client reporting.
• Conduct basic tax research on US corporate tax issues using standard tools.

Skills

Team player

Initiative

Effective communication

Manage multiple assignments

Self-starter

Strong work ethic

Tools

GoSystem

CCH Axcess

Job description

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 computetemporary and permanent differencesbetween book and tax.
• Self-review in reconciling tax returns to financial statements and client workpapers.
• Support senior team members in identifyingtemporary differencesand calculatingdeferred tax assets/liabilities.
• Assist in preparingtax provision support(current and deferred tax) under U.S. GAAP/IFRS for client financial reporting.
• Perform basictax 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).