US Tax Senior- 1065 Federal OP/RRE

BDO RISE · India

BDO RISE stands for round-the-clock international services for excellence and is dedicated to providing exceptional client service in the global economy to BDO USA. Our professionals leverage consistent best practices to delivery outstanding service and solutions.

BDO RISE serves BDO USA, which utilizes the services of BDO RISE in delivering its final work product to BDO USA’s clients across its Assurance, Tax, Advisory and BDO Digital practices

Job Duties

As a Senior Associate in our Core Tax Services practice, you will:

• Utilize your educational and professional experience to serve BDO USA clients.
• Assist BDO USA Clients from various operational industries (Partnership/Corporate) in the conduct of federal, state, and local taxes by preparing/reviewing/processing their tax returns.
• Utilize appropriate soft skills and technology skills acquired through their prior experiences to analyze/review the tax computation, tax returns and other relevant forms, as per IRC regulations and code sections and finally processing the tax returns and relevant forms through BDO specific tax software’s and process Milestones.
• Analyzing Book (GAAP) v/s Tax (IRS/IRC) reporting and identifying/reviewing the book to tax differences and their impact to the business entities and their investment along with reportings i.e.(Analyzing book and tax AJE, Fixed Assets (Depreciation and Amortizations), Sales and Disposals (book gain /(loss) v/s tax gain/(loss)), Tax Allocations etc).
• Acting as a first layer of assistance to our staffs (Associate and Experience associate group by coaching them and helping them with trainings in the practice by addressing questions related to tax technical and soft skills.
• Communicating effectively and proactively on any challenges they foresee on their schedules and tax implications.
• Consistently contributing ideas/opinions with the team on the process or software.
• Maintain a positive working relationship with BDO USA and BDO RISE members across levels.

Qualifications, Knowledge, Skills and Abilities

Qualifications

• Bachelor’s degree in accounting or other relevant field required
• Master’s degree in accounting beneficial, master’s degree in taxation preferred

Experience

• Three (3) to five (5) years of prior experience
• Provide tax compliance services to partnership clients.
• Experience on partnership Taxation, 1065 Tax return preparation.
• Prior experience preparing and reviewing of tax workpapers.
• Performing detailed review of estimated payment and extensions calculations and related filings.
• Having knowledge on book to tax adjustments.
• Prior basic supervisory experience preferred.
• Identify the open items and communicate with managers.
• CPA or Enrolled Agent certification (or in the process of pursuing)

Software

• Experience with Microsoft Office Tools (Excel, PowerPoint, Word, and Outlook), and Adobe Acrobat.
• Experience with tax research databases such as BNA and RIA Proficient in all tax compliance process software including GoFileRoom, GoSystemRS, Caseware, BNA Depreciation Software, or comparable programs and standard tax workpapers.

Other Knowledge, Skills & Abilities

• Strong verbal and written communication skills
• Ability to effectively delegate work as needed
• Strong