US Tax Specialist (2-2.5 years exp)

Overview

Prepare US federal and state corporate income tax returns and support tax provision processes for the Tax team in Hyderabad, with a focus on compliance accuracy and process automation.

What you'll do

• Prepare US Federal and State corporate income tax returns (Form 1120, 5471, 8858 and related schedules).
• Prepare state income/franchise tax returns across multiple jurisdictions.
• Assist in preparation of quarterly estimated tax calculations and extension filings.
• Support tax adjustments including book-to-tax differences, reconciliations, apportionment calculations, and state modifications and credits.
• Prepare and maintain tax workpapers supporting return positions.
• Assist with data collection and validation for tax return compliance.
• Support annual and quarterly tax provision processes under ASC 740.
• Assist in current and deferred tax calculations.
• Support preparation of effective tax rate (ETR) reconciliations.
• Maintain tax account reconciliations and tax reporting schedules.
• Assist with audit requests from internal and external auditors.
• Identify opportunities for process standardization and automation.
• Participate in tax transformation initiatives and technology enhancements.
• Create SOPs, process maps, and automation documentation.
• Support team in learning and developing emerging technologies, AI-enabled tax solutions, and automation tools.

What you'll need

• 2 to 2.5 years of relevant experience in US Corporate Income Tax Compliance and Reporting.
• Hands-on experience preparing and reviewing US federal and state corporate income tax returns.
• Familiarity with OneSource Tax Provision, OneSource Income Tax, SAP, and Blackline.
• Strong understanding of US Federal Corporate Income Tax.
• Strong understanding of State Corporate Income Tax.
• Strong understanding of State Apportionment Concepts.
• Strong understanding of Tax Credits and Incentives.
• Strong understanding of ASC 740 basics.
• Qualification: CA Inter, MBA Finance, M.Com, or B.Com with relevant US Tax experience.

Details

• Location: Hyderabad, Telangana.