Senior Tax Associate (US)

D&V Philippines Outsourcing, Inc.; Makati; Hybrid; PHP 900,000 - 1,200,000; Full time

Benefits offered by this job

Health and wellness benefits

Vacation and sick leave

Yearly performance bonuses

Free meals on office days

Parent-friendly office

Training and certifications

CPD Training assistance

Job summary

D&V Philippines Outsourcing, Inc. is seeking a Senior Tax Associate (US) to join our tax team.

The role focuses on preparing US tax partnership returns (Form 1065) for foreign partnerships, along with Schedules K-1 and K-3 disclosures, and coordinating with the onshore team to ensure data integrity. In this hybrid position, you will convert non-USD currencies to USD, calculate partnership-level taxable income, and prepare investor reporting with K-1/K-3 footnotes using our Excel templates and

Qualifications

• Qualified CPA with high level of proficiency in Microsoft Excel.
• Excellent organization skills and attention to detail.
• Ability to work well under pressure, meet deadlines and communicate clearly with onshore team.
• Have some experience working in US tax reporting for funds (possibly with a firm like Citco in Manila).
• Preferred: exposure to investment funds (e.g. Private Equity).
• Experience with major tax preparation software, ideally CCH Axcess.

Responsibilities

• Preparation of US tax partnership return Form 1065 for foreign partnerships and preparation of Schedules K-1 and K-3 for partners in such partnerships.
• Preparation of disclosures on Schedules K-1 and K-3 relating to forms 8865, 926 and 8621.
• Analyze financial information provided by clients, identify missing data, and incorporate into Excel workpapers.
• Prepare taxable income calculations at the partnership level and allocate income among partners; manage currency conversions to USD.
• Bridge allocations to CCH and prepare investor reporting (Schedules K-1 and K-3) including footnotes from the database.

Skills

Excel proficiency

Attention to detail

Communication

Time management

US tax reporting

Education

Certified Public Accountant (CPA)

Tools

CCH Axcess

Tax software

Job description

Job Title:

• Senior Tax Associate (US)

Work Setup & Schedule:

• Hybrid

• Monday to Friday

• 12:00 NN to 9:00 PM

What you’ll be doing:

• Preparation of US tax partnership return Form 1065 for foreign partnerships and preparation of Schedules K-1 and K-3 for partners in such partnerships.

• Preparation of disclosures on Schedules K-1 and K-3 relating to forms 8865, 926 and 8621.

• Working with the onshore team, the tax accountant will analyse the financial information provided by our firm’s end clients, identify any missing information and incorporate the data into our firm’s Excel workpaper.

• Using our firm’s workpaper template in Excel, the tax accountant’s tasks include preparation of taxable income calculations at the partnership level, allocation of taxable income between partners, preparation the partners’ tax basis capital account for the tax year, conversion of any non-USD currencies into USD, tracking the tax basis of underlying investments.

• The tax accountant would then bridge the allocations to CCH and prepare the investor reporting (Schedules K-1 and K-3) including footnotes from our database.

What will make you a great fit:

• Non- Negotiable Qualifications:

  • Qualified CPA High level of proficiency in Microsoft Excel required.

  • Excellent organization skills and attention to detail.

  • Ability to work well under pressure, meet deadlines and communicate clearly with onshore team.

  • Have some experience working in US tax reporting for funds (possibly with a firm like Citco in Manila)

• Preferred Qualifications:

  • Previous exposure to and some understanding of investment funds (e.g. Private Equity) is preferred.

  • Experience with major tax preparation software. Ideally, experience working with CCH Axcess software is preferred.

  • With big 4 experience (SGV preferred

What D&V Philippines can offer you:

D&V Philippines is a place where you can build and grow yourcareer because we invest in your training and development. You’llbe a key player in our mission to deliver high-quality, cost-effectivefinance and accounting services for CFOs and professionalservices firms in Australia, Asia-Pacific, Europe, the United States,and the United Kingdom.

You’ll also get to enjoy these perks on top of the essentialemployee benefits:

• Competitive salary with non-taxable allowances

• Health and wellness benefits

• Vacation and sick leave credits

• Yearly company and employee performance bonuses

• Free meal during office days

• Parent-friendly office

• Training and certifications

• CPD Training Assistance and PRC license renewal reimbursement

• Year-round employee engagement activities
  

Note: Due to the volume of applications we receive, only shortlisted candidates will be contacted for the next steps. All applications will be kept in our talent pool and may be considered for future opportunities that align with the candidate’s qualifications and experience.