Senior Tax Associate

A. Company OverviewElevate LLC is a national platform built to partner with growth-focused accounting, tax and advisory firms. Our mission is to empower entrepreneurial firms and their leaders by providing the capital, operational support, and strategic guidance they need to scale. By combining the resources of a larger organization with the independence and culture of local firms, Elevate creates an environment where professionals can focus on serving clients, developing talent, and innovating across accounting, tax, and advisory services.Our partner firms benefit from Elevate’s shared services, technology investments, and growth expertise. Backed by experienced leadership and long-term capital, we are building a next-generation professional services platform that redefines how CPA firms grow, compete, and thrive in today’s market.B. About Your Role (NFP Focus)We are seeking a highly qualified and dedicated Associate – Tax to join our esteemed tax team. In this role, you will provide critical support to our U.S.-based financial operations, contributing to tax compliance and the delivery of accurate and timely reporting.This opportunity is ideal for professionals with a deep understanding of tax and accounting principles and U.S. GAAP compliance, who excel in dynamic, collaborative environments driven by innovation, continuous improvement, and cross-border teamwork.The ideal candidate is meticulous, analytical, and proactive, with a strong attention to detail and a collaborative mindset—committed to delivering excellence and driving meaningful impact within a high-performance culture.C. Key ResponsibilitiesPrepare and review U.S. federal and state tax returns (1065, 1120S, 1120) for general contractors, subcontractors, and developers.Analyze percentage-of-completion (POC) and completed-contract methods for accurate tax treatment.Perform multi-state apportionment analysis and nexus determinationHandle depreciation schedules and Section 179/bonus depreciation related to heavy equipment and fixed assets.Assist in preparation of K-1s, tax basis calculations, and reconciliation of book-to-tax differences.Communicate with U.S. engagement teams to resolve open itemsStrong experience preparing or reviewing Form 990Familiarity with Schedule A (public support test) and UBIT issuesExperience with clients that receive government grantsD. Required Qualifications & ExperienceQualification:Bachelor’s degree in Accounting, Finance, or Commerce.CPA, EA, or pursuing is a plus.Experience:3-5 years of experience in U.S. tax preparation for NFPsAbility to interpret U.S. tax laws as applied to contractors.Essential Technical Skills:Familiarity with GoSystem Tax RS or CCH AxcessSolid understanding and proven practical application of US GAAP accounting standards and methodologies.Exceptional analytical, problem-solving, organizational, and multitasking skills.Exceptional proficiency in written and verbal English communication, enabling clear and effective collaboration with U.S.-based teams and stakeholders.Proven ability to work independently, prioritize tasks efficiently, and adhere strictly to deadlines.Preferred but not mandatory skills or experiences:Experience navigating state charity registration requirementsE. Benefits & PerksHealth Insurance for you and your dependents including parentsProvident Fund3 % Fixed CTC Budget for Learning OpportunitiesMarket Leading Leave PolicyPaid Holidays per Calendar YearEmployee Recognition & RewardsOne of the best cultures of benevolent meritocracyF. Job DetailsTitle : Associate/Senior Associate - TaxAnnual Compensation: As per Industry StandardWork Schedule : In-Office for Delhi, and Remote for good outstation candidatesNature : Full timeShift : 9-hour shift between 5 PM – 5 AM ISTLocation : Delhi, India