Senior Associate - Tax Provisions

Weaver; Hinoba-an; On-site; PHP 420,000 - 600,000; Full time

Job summary

Weaver in the Philippines seeks a tax specialist to handle US corporate tax returns (1120) and related provisions. You will gather client data, compute taxable income and NOLs, and prepare schedules for state returns when applicable. Strong knowledge of DTA/DTL and ASC 740 readiness is required.

Experience with GoSystem or CCH Axcess is highly preferred, with independent work mindset and ability to support senior staff on deferred tax assets/liabilities. Consolidation exposure 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.).
• 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 a plus.
• Ready to learn new concepts, especially Provision (ASC 740).

Skills

US corporate tax

Form 1120 experience

DTA/DTL knowledge

Tax provision calculation

US GAAP/IFRS knowledge

Tax research

GoSystem

CCH Axcess

Consolidation experience

ASC 740 readiness

Independent work

Tools

GoSystem

CCH Axcess

Job description

o 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 computetemporary and permanent differences between book and tax.
• Self-review in reconciling tax returns to financial statements and client workpapers.
• Support senior team members in identifyingtemporary differences and calculatingdeferred tax assets/liabilities.
• Assist in preparingtax provision support (current and deferred tax) under U.S. GAAP/IFRS for client financial reporting.
• Perform basictax 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).