24 Oct
|
NR Consulting
|
Hyderabad
24 Oct
NR Consulting
Hyderabad
Title: Sales and Use tax
Location: Hyderabad
Exp: 5+ Yrs
: Key Responsibilities
1. Sales & Use Tax Compliance
- Lead the preparation, review, and timely filing of monthly, quarterly, and annual multi-state and local Sales & Use Tax returns.
- Calculate and process timely tax remittances, ensuring accurate general ledger mapping and reconciliation of tax liability accounts.
- Oversee the Use Tax self-assessment process by auditing purchasing logs, accounts payable invoices, and corporate expense reports to identify and accrue unpaid liabilities.
2. Tax Accounting & Balance Sheet Integrity
- Manage the month-end close process for indirect taxes, including tax accruals, journal entries, and multi-state tax account reconciliations.
- Maintain accurate tax sub-ledger to general ledger (GL) reconciliations in Oracle and identify and resolve variances.
- Assist with the preparation of indirect tax provisions and financial statement disclosures in alignment with US GAAP/IFRS standards.
3. Tax Law Research & Nexus Monitoring
- Monitor and analyze legislative changes, state tax board rulings, and judicial precedents, including economic nexus thresholds, to assess their impact on business operations.
- Maintain and update the corporate tax matrix, ensuring accurate product taxability mapping across state jurisdictions.
- Advise Sales, Procurement, and Legal teams on tax implications related to current business initiatives, cross-border transactions, and contract structures.
📌 Sales and Use tax (Hyderabad)
🏢 NR Consulting
📍 Hyderabad