US Tax- Staff II- 990

1 week ago


Bengaluru, Karnataka, India Withum Full time

WithumSmith+Brown, P.C., is a forward-thinking, technology-driven advisory and accounting firm, helping clients to Be in a Position of StrengthSM in today's modern business landscape.

Withum empowers clients and our professional staff with innovative tools and solutions to address their accounting, tax and overall business management and operational needs.

As a US nationally ranked Top 25 firm, Withum is a place where talent thrives. We recruit only the best and brightest people, with a genuine passion for the business.


Withum's Tax Services Group is made up of a brilliant team of tax specialists that work to ensure tax reporting obligations are met in an accurate and timely manner and minimize or defer the payment of taxes.

Their comprehensive understanding of international, US federal, state, and local regulations, counting our affiliation with HLB international, allows them to help develop economical tax strategies anywhere.

Their services include Business, Individual, State & Local tax, R&D Tax Credit, as well as International and Private Client services.


As a Tax Staff Accountant in our Withum India office, you'll be reporting to the Tax Managers and Seniors in the Withum India office and collaborating with the US Tax Services Group on various tax engagements.

Withum's brand is a reflection of our people, our culture and our strength. Withum has become synonymous with teamwork and client service excellence.

The cornerstone of our success can truly be accredited to the dedicated professionals who work here every day, easy to work with a sense of purpose and caring for their co-workers and whose mission is to help our clients grow and thrive - to be in a position of strength.

But our commitment goes beyond our clients as we continue to live the Withum Way, promoting personal and professional growth for all team members, clients, and surrounding communities.


What we are looking:


A minimum of 2 years of significant 990 or 990-T Non-profit tax experience in a public accounting firm or industry position with substantial exposure.

Also, the candidate should be able to Recognize the purpose of Form 990, Identify which organizations are required and not required to file Form 990 & identify the appropriate Form 990 to file based on certain thresholds as per the Non-Profit Tax reporting and compliance requirements.


How You'll Spend Your Time :
*Preparing Non-profit organization like 990 & 990-T Tax Returns and understand the Main form 990, its reporting structure and should have basic knowledge of 990 respective schedules.

Identify the 12 sections of Form 990's main form.*Recognize deadlines, extensions and penalties pertaining to Form 990 and the purpose of the 16 schedules associated with Form 990.*Identifying & Preparing the Implications to Form 990 from the Tax Cuts and Jobs Act.*Manage end-to-end tax compliance.

Responsible for completing all assigned tasks accurately and within the defined processing time frame.*Should have knowledge on Form 990 Basics like Importance of non‐profit sector, Purpose of Form 990, Who must file, Form 990 series, Organizations not required to file, accounting periods, Deadline and extensions, Penalties for failure to file.
  • He should have Basic idea of Implications for Tax‐Exempt Organization & Calculation of Unrelated Business Income Tax (UBIT).Order in which to complete forms and schedules and Common errors.Should have thorough knowledge of Audit Financials like Income statement and Balance sheet.
  • Be accountable of work and Be 100% Responsible of leading and managing engagements.Ability to prepare small & medium 990, screening the financials, identifying missing open items, asking relevant tax information and documentation to provide accurate information.

Requirements:

  • 2-4 years of post-qualification hands-on experience with U.S. accounting firm;
  • Desire to grow into engagement senior position;
  • Strong command of the English Language, both written and verbal communication;
  • Strong commitment to an entrepreneurial work ethic;
  • Competently analyzes and prioritizes information to make appropriate recommendations;
  • Ability to work on multiple engagements simultaneously and communicate as a team with the Domestic (US) engagement teams.

Education:
B. Com or M. Com. Or MBA Finance or CA Inter

Website:
will not discriminate against any employee or applicant for employment because of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or because he or she is a protected veteran
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