Senior Associate - Tax Provisions

Weaver; Bengaluru; On-site; INR 800,000 - 1,200,000; Full time

Job summary

Weaver India is seeking a tax professional with 2.5–3 years of Form 1120 exposure to independently handle US federal/state returns and related tax provisions. The role involves analyzing trial balances, GLs, fixed assets, and calculating tax components under US GAAP/IFRS, including DTA/DTL and NOLs.

Strong knowledge of GoSystem and CCH Axcess is preferred. Willingness to learn ASC 740 and to work with the senior team on complex tax calculations in a Bengaluru-based setup.

Qualifications

• Understanding of US corporate tax and able to work independently on Federal and state return (1120).
• 2.5–3 years of experience in Form 1120, with understanding of Deferred Tax Assets (DTA) and Deferred Tax Liabilities (DTL).
• 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 per U.S. tax law.
• Identify temporary and permanent differences between book and tax.
• Self-review in reconciling tax returns to financial statements and client workpapers.
• Support senior team in identifying temporary differences and calculating deferred tax assets/liabilities.
• Assist in preparing tax provision (current and deferred tax) under U.S. GAAP/IFRS for client reporting.
• Perform basic tax research on U.S. corporate tax issues using standard research tools.
• Maintain, organize and document the research and findings.
• Experience with GoSystem, CCH Axcess strongly preferred.
• Having experience on consolidation (Large entities) is a plus.
• Ready to learn new concepts, especially ASC 740.

Skills

US corporate tax

Form 1120

Deferred tax assets/liabilities

Tax provision work

State tax returns

Data gathering for tax

Tax calculations

Book-to-tax differences

Self-review/reconciling

ASC 740 knowledge

US GAAP/IFRS provisioning

Tax research

GoSystem

CCH Axcess

Tools

GoSystem

CCH Axcess

Job description

Job Description:

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

1. Understanding of US corporate tax and able to work independently on Federal and state return (1120)
2. 2.5–3 years of experience in Form 1120, with a good understanding of Deferred Tax Assets (DTA) and Deferred Tax Liabilities (DTL), or experience working on basic tax provision forms
3. Prepare supporting schedules for state income/franchise tax returns, where applicable.
4. Gather and analyze client financial data (trial balances, GL details, fixed asset reports) to support tax calculations.
5. Compute taxable income, NOLs, credits, and other return components in accordance with U.S. tax law.
6. Identify and computetemporary and permanent differences between book and tax.
7. Self-review in reconciling tax returns to financial statements and client workpapers.
8. Support senior team members in identifyingtemporary differences and calculatingdeferred tax assets/liabilities.
9. Assist in preparingtax provision support (current and deferred tax) under U.S. GAAP/IFRS for client financial reporting.
10. Perform basictax research on U.S. corporate tax issues (e.g., depreciation, interest limitation §163(j), NOLs, credits, §382, etc.) using standard research tools.
11. Maintain, organize and document the research and findings.
12. Experience with major tax compliance software like GoSystem, CCH Axcess strongly preferred.
13. Having experience on consolidation (Large entities) is plus.
14. Ready to learn new concepts, especially Provision (ASC 740).

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