US Taxation Executive

Finovate Consulting; Delhi; On-site; INR 900,000 - 1,200,000; Full time

Job summary

Finovate Consulting in Delhi seeks a Tax Accountant to support US taxation engagements from India. You will prepare individual and business tax returns, multi-state filings, and various IRS/state forms in a timely, accurate manner.

The ideal candidate holds a Bachelor's in Accounting/Finance, has 2+ years of US tax experience, strong Excel abilities, and can read trial balances while drafting responses to tax authorities. US-overlap hours required.

Qualifications

• Bachelor's degree in Accounting, Commerce or Finance.
• 2+ years of hands-on US taxation experience covering at least two of: individual (1040), partnership (1065), corporate (1120/1120-S).
• Working knowledge of IRS forms, filing deadlines and e-filing protocols.
• Ability to read a trial balance and trace a number from the books through to the return.
• Hands-on experience with at least one professional US tax package.
• Advanced Excel pivot tables, lookups, reconciliations across large data sets.
• Clear written English; able to draft a response to a tax authority without heavy editing.
• Willingness to work in US-overlap hours and extended hours during filing deadlines.

Responsibilities

• Prepare US individual and business tax returns (1040, 1065, 1120/1120-S).
• Prepare state filings including franchise and annual reports.
• Schedule quarterly estimated payments (1040-ES, corporate estimates).
• File extensions: 7004, 4868 and state equivalents.
• Support multi-state apportionment and nexus determinations.

Skills

Attention to detail

US tax knowledge

Excel proficiency

English communication

Education

Bachelor's degree in Accounting, Commerce or Finance

Tools

US tax software

Job description

Key Responsibilities:

1. Federal & State Income Tax Compliance

• Prepare Form 1040 and supporting schedules (Schedule C, D, E, SE) for individual and sole-proprietor clients
• Prepare business returns: Form 1065 (partnerships), Form 1120 (C-corps) and Form 1120-S (S-corps), including partner/shareholder Schedule K-1s and Schedules K-2/K-3 where applicable
• Convert client books to a tax basis: book-to-tax adjustments, Schedules M-1/M-2/M-3, fixed asset and depreciation schedules (Section 179, bonus depreciation)
• Prepare Form 5472 with pro forma Form 1120 for foreign-owned US entities where applicable
• File extensions: Form 7004 (business), Form 4868 (individual) and state equivalents
• Calculate and schedule quarterly estimated payments (Form 1040-ES, corporate estimates, state estimates)
• Prepare state income, franchise and annual report filings including Delaware franchise tax and annual report, California Form 568 / Form 3522 / Form 3536, Texas franchise tax, and other states as the portfolio requires
• Support multi-state apportionment and nexus determinations.

Requirements

Must have

• Bachelor's degree in Accounting, Commerce or Finance
• 2+ years of hands-on US taxation experience covering at least two of: individual (1040), partnership (1065), corporate (1120 / 1120-S)
• Working knowledge of IRS forms, filing deadlines and e-filing protocols
• Ability to read a trial balance and trace a number from the books through to the return
• Hands-on experience with at least one professional US tax package
• Advanced Excel pivot tables, lookups, reconciliations across large data sets
• Clear written English; able to draft a response to a tax authority without heavy editing
• Willingness to work in US-overlap hours and extended hours during filing deadlines