03 Nov
|
Metaphor Infotech Mumbai
|
Bengaluru
03 Nov
Metaphor Infotech Mumbai
Bengaluru
Key Responsibilities
- Manage and review Form 1065 returns, including Schedules K-1, K-2 and K-3, for partnerships and multi-tier structures.
- Review state and local filings, composite and withholding returns, and related compliance.
- Review partner capital accounts, tax basis, at-risk and passive loss limitations, and Section 704(b) and 704(c) allocations.
- Advise on partnership transactions such as contributions, distributions, redemptions, and partner admissions and exits, including Section 754 elections and basis adjustments.
- Handle industry-specific tax matters:
- Real Estate: depreciation, cost segregation, like-kind exchanges (Section 1031), Section 199A, and debt allocations.
- Construction: long-term contract methods (Section 460), percentage-of-completion, WIP and job-cost considerations.
- Manufacturing: inventory methods (Section 263A), Section 174 R&D; capitalization, Section 179 and bonus depreciation, and multi-state nexus.
- Manage tax provisions, estimated payments and extensions, and support tax planning for clients and their partners.
- Supervise, mentor and train Staff, Seniors and Associates, and review their work for technical accuracy and quality.
- Manage client relationships and engagement timelines, and serve as the primary contact for clients and the US counterpart team.
- Support IRS and state notices, audits and examinations.
- Research complex tax issues and prepare technical memos.
- Keep up with changes in US federal and state tax law and communicate their impact to the team and clients.
Required Qualifications
- Bachelors or Master’s degree in Accounting, Finance, Taxation or a related field.
- 7+ years of US tax experience, with significant hands-on work on Partnership Tax (Form 1065).
- Experience with clients in Real Estate, Construction or Manufacturing.
- Prior experience reviewing returns and managing or mentoring teams.
- Strong knowledge of Subchapter K, state and multi-state taxation, and the IRC.
- Proficiency in tax software (such as CCH Axcess, GoSystem, UltraTax or Lacerte), and tax research tools (such as RIA Checkpoint or CCH IntelliConnect).
- Solid Excel skills and comfort working with large data sets.
- Excellent written and verbal communication skills for working with US stakeholders.
Preferred Qualifications
- Enrolled Agent (EA) credential is preferred. CPA or other equivalent US tax credentials are also welcome.
- Exposure to international tax forms (such as 5471, 5472 and 8865) and tiered partnership structures.
- Experience in a public accounting or CPA firm environment.
- Experience with process improvement, automation or review-workflow tools.
Key Competencies
- Technical depth in partnership taxation
- Review and quality focus
- Team leadership and coaching
- Client management
- Deadline and workload management during peak season
Analytical and problem-solving ability
📌 Tax Manager (Bengaluru)
🏢 Metaphor Infotech Mumbai
📍 Bengaluru