Tax Specialist

About the role

For 1040 Returns Tax Review & Compliance Review federal and state income tax returns for individuals, estates, and exempt organizations. Ensure accuracy, completeness, and compliance with current tax laws and regulations. Team Guidance & Support Provide technical guidance and support to tax preparers, especially on complex or challenging issues. Conduct induction and ongoing training sessions, including updates on tax laws and software changes. Work Allocation & Monitoring Assign daily tasks to preparers and monitor progress to ensure timely completion. Follow up on pending work and assist in resolving bottlenecks. Client Deliverables Submit completed tax returns and related documentation within scheduled timelines. Review and incorporate client feedback, make necessary modifications, and re-submit promptly. Project Execution Contribute to various organizational projects as per business requirements. Adapt quickly to changes in client policies, procedures, and software updates, and communicate these effectively to the team. Quality & Compliance Adhere to organizational policies, procedures, and quality standards. Ensure strict compliance with information security protocols and data protection guidelines. Staff Development Mentor and train team members to enhance their technical and professional capabilities. Foster a collaborative and high-performance work environment. For Business Tax Return - 1065, 1120S returns

Responsibilities

• Tax Review & Compliance
• Detailed review of federal, state and local income tax returns ensuring calculations, accounting theory, and tax law compliance, particularly focusing on Form 1065, Form 1120S, and Form 1120.
• Review the various workpapers prepared by preparer for its accuracy.
• Team Guidance & Support
• Provide technical guidance and support to tax preparers, especially on complex or challenging issues.
• Conduct induction and ongoing training sessions, including updates on tax laws and software changes.
• Work Allocation & Monitoring
• Assign daily tasks to preparers and monitor progress to ensure timely completion.
• Follow up on pending work and assist in resolving bottlenecks.
• Client Deliverables
• Submit completed tax returns and related documentation within scheduled timelines.
• Review and incorporate client feedback, make necessary modifications, and re-submit promptly.
• Project Execution
• Contribute to various organizational projects as per business requirements.
• Adapt quickly to changes in client policies, procedures, and software updates, and communicate these effectively to the team.
• Quality & Compliance
• Adhere to organizational policies, procedures, and quality standards.
• Ensure strict compliance with information security protocols and data protection guidelines.
• Staff Development
• Mentor and train team members to enhance their technical and professional capabilities.
• Foster a collaborative and high-performance work environment.
• About You:
• For 1040 Returns
• Bachelor's degree in Commerce or a related field, with 4 to 6 years of experience in U.S. taxation or a relevant domain.
• Familiarity with SPBinder is an added advantage.
• In-depth knowledge of U.S. tax forms, including 1040 (individual), 1041 (estate/trust), and 990 (exempt organizations).
• Strong understanding of tax concepts, industry practices, and procedures.
• Proven ability to plan and accomplish goals using sound judgment and prior experience.
• Demonstrated leadership in directing and supporting the work of others.
• Excellent verbal and written communication skills.
• Proficiency in tax software such as GoSystem, CCH Axcess, UltraTax, and Lacerte.
• Solid accounting and analytical skills with a keen eye for detail.
• Strong computer proficiency, particularly in Microsoft Office applications.
• Effective time management and organizational abilities.
• B.Com / M.Com / CA / CPA / EA
• For Business Tax Return - 1065, 1120S returns
• Bachelor's degree in commerce or a related field, with 4 to 6 years of experience in U.S. taxation or a relevant domain.
• Possesses strong accounting expertise and analytical skills with the ability to interpret and analyse Trial Balance, Profit & Loss statements, and Balance Sheets.
• Demonstrates strong proficiency in Microsoft Excel, with the ability to develop and manage diverse workpapers efficiently.
• In-depth knowledge of U.S. tax forms, including Form 1065, 1120S and 1120.
• Strong a

Additional Information

As a U.S. Tax Reviewer, you will play a critical role in ensuring the accuracy, compliance, and timely delivery of federal and state income tax returns for a diverse portfolio of clients, including individuals, estates, and exempt organizations. This position requires a strong understanding of U.S. tax laws, attention to detail, and the ability to manage and mentor a team of tax preparers. You will be responsible for upholding client-specific requirements, maintaining quality standards, and contributing to the overall efficiency and success of the tax review process.

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