Senior Associate - Tax Provisions

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

Job summary

Weaver India in Bengaluru seeks a tax analyst to support US corporate tax returns (Form 1120) and related schedules. You will gather financial data, compute taxable income, NOLs and credits, and assist in current and deferred tax provisioning under US GAAP/IFRS.

The role requires 2.5–3 years of Form 1120 experience and proficiency with DTA/DTL concepts. Experience with GoSystem or CCH Axcess is strongly preferred, and familiarity with consolidation for large entities is a plus.

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 a good understanding of Deferred Tax Assets (DTA) and Deferred Tax Liabilities (DTL), or experience working on basic tax provision forms
• 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 (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).

Skills

US tax

Form 1120

DTA/DTL

Tax provision

Trial balances

NOLs credits

ASC 740

Depreciation

Consolidation

Research

Tools

GoSystems

CCH Axcess

Job description

• 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)
• 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
• 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 (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).