Tax Manager/Assistant Manager - 1065&1120S (Bangalore Urban)

Tax Manager/Assistant Manager - 1065&1120S (Bangalore Urban)

16 Sep
|
GR8 Global India
|
Bangalore Urban

16 Sep

GR8 Global India

Bangalore Urban

About the Role

We are looking for an experienced US Tax Assistant Manager / Manager with solid expertise in Partnership (Form 1065) and S-Corporation (Form 1120-S) taxation .

The role will be responsible for managing tax engagements, reviewing complex US tax returns, providing technical guidance to the team, coordinating with US/onshore teams and ensuring timely and accurate delivery of tax compliance work.

Key Responsibilities

- Manage and review US Partnership (Form 1065) and S-Corporation (Form 1120-S) tax returns.
- Review complex tax returns, workpapers, supporting schedules and tax adjustments for accuracy and completeness.
- Oversee preparation of Schedule K-1 and related federal and state tax forms.
- Review book-to-tax adjustments and ensure appropriate tax treatment of partnership and S-Corporation transactions.
- Handle complex areas including:
- Partner/shareholder basis
- Capital accounts
- Distributions
- Guaranteed payments
- Allocation of income/loss
- Depreciation
- Credits
- Ownership changes
- Suspended losses
- State apportionment
- Review federal and state tax returns and identify potential tax compliance issues.
- Perform/review tax research on complex US federal and state tax matters.
- Ensure tax returns comply with applicable US tax laws, regulations and firm policies .
- Manage multiple engagements simultaneously and ensure timely completion within budgeted hours.
- Act as the primary point of contact for assigned engagements and coordinate with US-based clients/onshore teams .
- Respond to client queries and provide appropriate technical explanations and recommendations.
- Identify potential tax issues and escalate complex matters to senior leadership where required.
- Review and approve work prepared by Tax Associates and Senior Associates.
- Provide technical guidance, coaching and feedback to team members.
- Monitor team performance, workflow and engagement deadlines.




- Conduct quality reviews and ensure adherence to internal review procedures.
- Assist with process improvements, standardization and automation initiatives.
- Participate in training and development programs for the US Tax team.

Required Qualifications
- Bachelor's or Master's degree in Accounting, Finance, Commerce or a related field .
- 5+ years of relevant US Tax experience .
- Strong hands-on experience with Form 1065 and Form 1120-S .
- Strong knowledge of US Federal Taxation .
- Experience reviewing US tax returns and workpapers.
- Strong understanding of Partnership and S-Corporation taxation .
- Experience with US federal and state tax compliance.
- Strong knowledge of Schedule K-1 and related schedules.
- Experience working with US accounting/tax firms or tax outsourcing environments.
- Strong analytical, problem-solving and decision-making skills.
- Excellent written and verbal communication skills.
- Ability to manage multiple engagements and meet strict deadlines.

Preferred Qualifications
- CPA / EA or equivalent US tax qualification preferred.
- Experience working directly with US clients / CPAs / Partners .
- Experience managing a team of Tax Associates/Senior Associates.
- Experience with tax software such as CCH Axcess, GoSystem, UltraTax, Lacerte, ProSystem fx or similar.
- Exposure to tax planning and advisory work is an advantage.

Leadership & Management Responsibilities For the Manager level, the candidate should be able to:

- Lead a team of tax professionals and allocate work based on experience and complexity.
- Own engagement delivery from planning through completion.
- Review deliverables and provide technical direction.
- Track engagement status, budgets and deadlines.
- Conduct performance discussions and provide constructive feedback.
- Support hiring, onboarding and training of tax professionals.
- Build strong working relationships with US-based stakeholders.
- Identify opportunities to improve efficiency, quality and turnaround time.

📌 Tax Manager/Assistant Manager - 1065&1120S (Bangalore Urban)
🏢 GR8 Global India
📍 Bangalore Urban

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