Job Description: Senior US Tax Accountant / Tax Advisor
Location: Remote (EST Hours) — India Candidates
Employment Type: Full-time
Reports To: Tax Director / Firm Leadership
Key Responsibilities1. US Tax Preparation & Compliance (50%)
- Prepare and review US federal and state tax returns for individuals, businesses, and closely held entities.
- Handle tax returns for LLCs, S corporations, C corporations, and partnerships.
- Prepare and review Forms 1040, 1065, 1120, and 1120-S, based on client requirements and experience.
- Analyze financial information to identify tax implications, deductions, credits, and reporting requirements.
- Manage tax extensions, amended returns, supporting schedules, and compliance documentation.
- Maintain accurate workpapers and follow internal quality-control procedures.
- Stay updated on US federal and state tax regulations, IRS guidance, and relevant legislative changes.
2. Tax Planning & Advisory Support (20%)
- Assist with tax planning engagements for business owners, entrepreneurs, and high-income individuals.
- Identify potential tax-saving opportunities in accordance with applicable laws and regulations.
- Support entity structuring, tax projections, estimated tax calculations, and year-round tax planning.
- Research tax provisions and prepare supporting analysis for client recommendations.
- Evaluate tax implications of business decisions, compensation structures, income changes, and ownership transitions.
- Assist in implementing tax strategies and monitoring their effectiveness.
3. Accounting, Bookkeeping & Financial Analysis (20%)
- Review general ledgers, trial balances, financial statements, and bookkeeping records for tax accuracy.
- Reconcile accounts and investigate discrepancies affecting financial reporting and tax calculations.
- Analyze revenue, expenses, profitability, and cash flow to support tax planning and advisory engagements.
- Ensure client books are accurate, complete, and ready for tax preparation.
4. Client Coordination & Operational Excellence (10%)
- Coordinate with US-based team members to collect missing information and resolve discrepancies.
- Communicate deliverables, deadlines, and outstanding client requirements clearly.
- Prepare workpapers, review notes, tax summaries, and supporting documentation for internal review.
- Identify opportunities to improve workflows, accuracy, and operational efficiency.
- Support workflow management during peak tax season and ensure timely delivery of assigned engagements.
- Maintain strict confidentiality when handling sensitive financial information.
Must-Have Qualifications
- Minimum 3 years of hands-on US taxation experience, preferably with a US CPA firm, accounting practice, or tax outsourcing firm.
- Proven experience preparing US individual and business tax returns.
- Working knowledge of Form 1040 and at least one of Forms 1065, 1120, or 1120-S.
- Strong understanding of US federal tax regulations, deductions, credits, entity taxation, and compliance requirements.
- Experience with US tax preparation software such as Drake Tax, UltraTax CS, Lacerte, ProSeries, or equivalent.
- Strong Microsoft Excel skills and the ability to analyze financial statements and accounting records.
- Ability to work remotely while aligning with US Eastern Time (EST) working hours.
- Strong analytical, organizational, and problem-solving skills.
- Excellent written communication and attention to detail.
Preferred Qualifications
- Experience supporting tax planning and advisory engagements beyond routine tax return preparation.
- Exposure to high-net-worth individuals, entrepreneurs, and closely held businesses.
- Experience reviewing tax returns and mentoring junior team members.
- Familiarity with accounting software such as QuickBooks Online or QuickBooks Desktop.
- Relevant qualifications such as CPA, EA, CA, or an equivalent accounting or taxation credential.