Specialist - US Corporate Taxation - Accounting & Payroll

Role: US Corporate Taxation Specialist With Accounting and Payroll Experience.

Location: Hyderabad.

Duration: Full Time.

Job Description:

- We are seeking a skilled and detail-oriented US Corporate Accounting and Taxation Specialist to join our team.

- The ideal candidate will possess extensive knowledge of corporate accounting principles and US tax regulations.

- While payroll experience is beneficial, our primary focus is on bookkeeping, preparing profit and loss (P&L) statements, and managing financial statements.

- This role includes ensuring compliance with quarterly and yearly state and federal tax filings.

Key Responsibilities:

Tax Compliance and Reporting:

- Prepare and file quarterly and yearly state and federal tax returns.

- Ensure compliance with all tax regulations and guidelines.

- Manage tax audits and respond to inquiries from tax authorities.

- Maintain organised and detailed tax records and documentation.

- Coordinate with HR to manage employee tax-related inquiries and concerns.

Tax Planning and Strategy:

- Develop tax strategies to optimize the companys tax position.

- Monitor changes in tax laws and regulations and advise on necessary adjustments.

- Provide tax-related guidance on business decisions and transactions.

- Ensure timely and accurate submission of all tax-related filings and reports.

Accounting Integration:

- Collaborate with the accounting team to ensure accurate financial reporting.

- Assist in the preparation of financial statements and related disclosures.

- Reconcile tax accounts and ensure proper documentation of tax-related transactions.

- Maintain accurate and up-to-date financial records.

- Process accounts payable and receivable.

- Manage the general ledger and reconcile accounts.

Qualifications:

- Bachelors degree in Accounting, Finance, or a related field (CPA or equivalent certification preferred).

- Minimum of 5 years of experience in US corporate taxation, with a solid background in accounting and payroll.

- Strong understanding of federal, state, and local tax laws and regulations.

- Proficiency in tax preparation and accounting software.

- Excellent analytical and problem-solving skills.

- Strong attention to detail and ability to manage multiple priorities.

- Effective communication and interpersonal skills.