EY Manager US Corporate Tax 

India, Haryana, Gurugram 

169784288

Role name and description

Tax Manager

Your key responsibilities

• Performing detailed review of US Corporate Federal Tax returns (1120, 1120PC and 1120L) and State & Local Income tax returns and relevant supporting forms
• Ensure accurate, timely filing of consolidated federal, state and local income tax returns and other business related filings
• Reviewing Book To tax adjustments and reclasses – Unearned premiums, discounted unpaid losses, wash- Sales, PFIC, Straddle loss, DRD adjustments etc.
• Find and implement opportunities for process improvement in company tax procedures
• Manage members of the tax team as they prepare components of the company's US federal income tax return and other tax documents
• Perform detailed review of Investment Income
• Manage and facilitate IRS income tax audits: preparing responses, creating schedules, etc.
• In-depth knowledge of Statutory reporting vs General Accepted Accounting Principles and Adjustments
• In-depth knowledge of ASC 740, including review and finalization of adjustments. Report out the findings with clients and US stakeholders
• Fair understanding of SSAP101 and its implication on Insurance industry
• Work under stringent deadline on ASC 740 during annual and quarter close
• Contribute to client satisfaction by providing timely and effective responses to client needs and concerns
• Review of International tax fillings such as Form 926, 1118, 8865, 8621, 5471 etc.
• Monitor legislative and regulatory tax law developments, communicate the effects of the developments to management and the tax team
• Knowledge about recent tax developments and changes including Schedules K-2/K-3 reporting requirement
• Detailed analysis of organization chart and report the findings, discuss with onshore team in a presentable manner
• Manage own and/or other’s impact on project economics, including controlling costs, monitoring budget to actual differences
• Guide, mentor Staff (new and experienced) for upskilling, technical advancement, and performance management
• Adheres to practice protocols and other internal processes consistently

Skills and attributes for success

• Extensive corporate income tax knowledge
• Strong accounting, analytical, and research skills
• Excellent written and oral communication skills
• Strong knowledge of tax code, compliance and procedures for corporations
• Familiarity with US federal, state and local reporting requirements
• Strong ability to utilize project management and accounting best practices to organize and prioritize tasks and the tasks of other tax team members
• Accountability for client engagements and their success, handling delivery of engagements
• Planning and coordinating multiple deadlines, create coherent teams, and respond promptly to client/onshore team requests
• Working with peers within its functions and across client service teams
• Building and leveraging relationship with US engagement teams
• Proficient with One Source or other tax compliance third party vendors like CCH etc.
• Ability in Microsoft Office software programs, including spreadsheet programs (i.e., Excel)
• Managing engagement workflow, engagement team resources, engagement invoicing and budgeting
• Conduct performance reviews, serve as a mentor and contribute to performance feedback/training
• Maintain an educational program to continually develop technical and managerial skills for yourself and the team
• Strong organizational and interpersonal skills, ability to supporting recruitment activity

To qualify for the role, you must have

• CPA/EA certification preferred
• 7-8 years of experience
• Good written and verbal communication skills along with Team handling and leadership skills

Ideally, you’ll also have

• Ability to read, interpret and apply the tax legislations
• A strong sense of belongingness and adaptability to the changing needs of the clients

What we look for

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.