US TAX Officer/ Assistant Manager

Iq-eq; Hyderabad; Hybrid; INR 800,000 - 1,200,000; Full time

Job summary

Iq-eq is seeking an experienced Officer 3 US Taxation specializing in U.S. partnership taxation for private equity structures.

The role requires strong technical expertise in partnership tax compliance and advisory, with foundational knowledge of private equity funds, management companies, and general partners. You will prepare and review Form 1065 returns, K-1/K-2/K-3 schedules, and Form 1120, while supporting tax planning and ensuring timely filings for PE funds and related entities.

Qualifications

• Experience in U.S. federal and state partnership tax returns.
• Knowledge of Form 1065, K-1, K-2/K-3 and Form 1120.
• Understanding of private equity funds, management companies, and general partners.
• Strong technical expertise in partnership tax compliance and advisory.

Responsibilities

• Prepare and review U.S. federal and state partnership tax returns (Form 1065), related schedules (K-1, K-2/K-3) and corporation returns (Form 1120).
• Prepare tax workpapers based on client-provided financial data.
• Ensure accurate and timely filing of tax returns for private equity funds, management companies, and GPs.
• Manage quarterly and annual tax estimates and extensions.
• Support tax planning strategies to optimize after-tax returns for investors and partners.
• Stay updated on U.S. tax regulations, IRS guidance, and legislative changes impacting private equity.
• Implement best practices for documentation and internal controls.
• Demonstrate ownership of his/her own development, highlighting when and where additional support and development is required.

Skills

US tax

Partnership tax

Tax compliance

Tax advisory

Private equity funds

Job description

We are seeking an experienced tax professional to join our team as an Officer 3 US Taxation specializing in U.S. partnership taxation for private equity structures. The ideal candidate will have good technical expertise in partnership tax compliance and advisory, with a basic understanding of private equity funds, management companies, and general partners

Responsibilities / Key competencies for the position

• Prepare and review U.S. federal and state partnership tax returns (Form 1065), related schedules (K-1, K-2/K-3) and corporation returns (Form 1120)
• Prepare tax workpapers based on client-provided financial data.
• Ensure accurate and timely filing of tax returns for private equity funds, management companies, and GPs.
• Manage quarterly and annual tax estimates and extensions
• Support tax planning strategies to optimize after-tax returns for investors and partners.
• Stay updated on U.S. tax regulations, IRS guidance, and legislative changes impacting private equity.
• Implement best practices for documentation and internal controls.
• Demonstrate ownership of his/her own development, highlighting when and where additional support and development is required.