EY US Corporate Tax Federal Returns Senior 

India, Karnataka, Bengaluru 

946553050

Your key responsibilities

• Performing detailed review of Corporate Tax returns, both domestic and Foreign (1120, 1120-S and 1120-F) for US Federal and State – Blockers, Management companies and Banking Industry.
• Reviewing Book to tax adjustments and reclasses.
• Must have working experience on Single entities and consolidated returns, State and Local - Combined and Unitary returns
• Review Extensions/estimates/withholding work papers
• Review and preparation of international tax fillings such as Form 926, 5471, 5472, 5452, 8991 and 8992.
• Responsible for reviewing/calculating ECI, FDAP and Foreign Withholding Information for foreign investors-1042/1042S, 8804/8805.
• Knowledge of Tax provisions (ASC 740): Knowledge on standard audit documentation.
• Must be knowing how to compute the tax basis and Earnings and Profit (E&P)
• Must have full knowledge on reading the 1065 return and federal and state K-1
• Knowledge about addressing and responding federal and state notices.
• Knowledge about recent tax developments and changes including Schedules K-2/K-3 reporting requirement.
• E-file tax return and review XMLS and check for any E-file rejects
• Manage assigned task throughout end-to-end process in timely manner
• Train and guide Staff (new and experienced) on client related specific policies and general firm standards
• Guide, mentor Staff (new and experienced) for upskilling, technical advancement, and performance management.
• Take ownership of your schedule and proactively seek work when necessary to meet your annual chargeability goal
• Adhere to practice protocol and other internal processes consistently.

Skills and attributes for success

• Knowledge of Accounting standards and basic understanding of accounting principals
• Proficient on Gosystem/OneSource Income Tax and corp. tax
• Ensuring adoption and specialization of EY methodologies, EY tools and technology specific to tax
• Knowledge of recent tax laws and update
• Supervise, train, and mentor staff and New Joiners on different tax engagements
• Proactively interact with client management team to gather information and engagement specific treatments and process.
• Work as team player with team and other members to achieve the deliverables in stipulated time with quality.
• Identifying opportunities for process improvement.

To qualify for the role, you must have

• Graduate or Postgraduate in Finance
• CPA/EA will be an added advantage (Completed or Pursuing)
• 4 to 7 years of experience

Ideally, you’ll also have

• Awareness (basic understanding) of other US taxes 1065/1040, International Tax Compliance.
• Ability to read, interpret and apply the tax legislation

What we offer

EY Global Delivery Services (GDS) is a dynamic and truly global delivery network. We work across six locations – Argentina, China, India, the Philippines, Poland and the UK – and with teams from all EY service lines, geographies and sectors, playing a vital role in the delivery of the EY growth strategy. From accountants to coders to advisory consultants, we offer a wide variety of fulfilling career opportunities that span all business disciplines. In GDS, you will collaborate with EY teams on exciting projects and work with well-known brands from across the globe. We’ll introduce you to an ever-expanding ecosystem of people, learning, skills and insights that will stay with you throughout your career.

• Continuous learning: You’ll develop the mindset and skills to navigate whatever comes next.
• Success as defined by you: We’ll provide the tools and flexibility, so you can make a meaningful impact, your way.
• Transformative leadership: We’ll give you the insights, coaching and confidence to be the leader the world needs.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs.

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.