We are seeking an experienced US Tax Associate with strong expertise in Form 1065 (Partnership tax returns) preparation and review, primarily serving a major real estate client base. The ideal candidate will be responsible for preparing, reviewing, and ensuring the accuracy of partnership tax returns while staying current on tax regulations impacting real estate partnerships.

Required Tasks and Responsibilities:

- Prepare and review US partnership tax returns (Form 1065), including K-1s, for a portfolio of real estate clients
- Handle complex real estate partnership tax matters, including passive activity rules, depreciation (including cost segregation), Section 754 elections, and capital accounts
- Perform detailed review of preparer work, ensuring accuracy, completeness, and compliance with IRS regulations and firm quality standards
- Analyze partnership agreements, operating agreements, and allocations to ensure correct tax treatment
- Apply knowledge of like-kind exchanges (Section 1031), carried interests, and real estate professional rules
- Research and resolve complex tax issues, communicating findings to senior staff and clients as needed




- Coordinate with engagement teams and clients to gather required tax documents and resolve open items efficiently
- Ensure timely filing of federal and state partnership returns and estimated tax payments
- Stay current with changes in tax law, including IRC updates affecting partnerships and real estate
- Mentor and train junior staff on 1065 preparation and real estate tax concepts
- Assist with client inquiries, IRS notices, and tax planning opportunities related to real estate investments

Qualifications:

- Bachelor's degree in Accounting, Finance, or related field; CPA or EA preferred
- 3+ years of experience preparing and reviewing Form 1065 returns, with significant real estate partnership exposure
- Solid review experience with demonstrated ability to identify errors and ensure quality compliance
- In-depth knowledge of partnership taxation, basis rules, allocations, and real estate tax provisions
- Proficiency with tax software (e.g., GoSystem, CCH, ProConnect) and Microsoft Excel
- Excellent analytical, communication, and organizational skills
- Ability to manage multiple engagements and meet tight filing deadlines

📌 1065 Real Estate-Senior/Manager (Mumbai)
🏢 Recruitment Cell
📍 Mumbai