Job Title: Tax Preparer
Location: Mohali
Department: F&A
Role Summary
We are seeking a detail-oriented and experienced U.S. Tax Preparer to join our growing tax team. The ideal candidate will have hands-on experience preparing Individual (Form 1040), Corporate (Form 1120), S-Corporation (Form 1120S), and Partnership (Form 1065) tax returns. The candidate will be responsible for analyzing financial information, preparing accurate tax returns, maintaining workpapers, identifying tax-saving opportunities, and ensuring compliance with U.S. federal and state tax regulations
Key Responsibilities
- Prepare and review U.S. Individual Tax Returns (Form 1040) and related schedules (A, B, C, D, E, F, SE, 8812, 8949, etc.).
- Prepare Business Tax Returns including Forms 1120, 1120S, and 1065.
- Analyze client source documents including W-2s, 1099s, K-1s, brokerage statements, financial statements, and payroll reports.
- Prepare depreciation schedules and fixed asset reconciliations.
- Perform book-to-tax adjustments and reconcile financial statements to tax returns.
- Prepare workpapers supporting income, deductions, credits, and tax positions.
- Assist with foreign reporting requirements including Forms 5471, 5472, 8938, 8621, 8858, 8865, 1116, 2555, and FBAR reporting.
- Prepare multi-state tax returns and state apportionment calculations.
- Review diagnostics, identify missing information, and prepare client information requests.
- Research tax issues and apply federal and state tax regulations.
- Coordinate with reviewers, managers, and CPA firms to resolve tax questions.
- Ensure timely completion of tax engagements while maintaining quality standards.
- Support e-filing, extensions, estimated tax calculations, and amended returns.
- Maintain organized and well-documented workpapers in accordance with firm Process standards.
Required Skills & Qualifications
- Bachelor's or Master's Degree in Accounting, Commerce, Finance, or related field.
- 2–5 years of experience in U.S. tax preparation.
- Strong knowledge of Individual and Business Taxation.
- Experience preparing Forms 1040, 1120, 1120S, and 1065.
- Working knowledge of depreciation, basis calculations, K-1 reporting, and book-to-tax adjustments.
- Experience with tax software such as Drake, ProConnect, Lacerte, Pro-Series, UltraTax, or CCH ProSystem fx.
- Advanced Microsoft Excel skills.
- Strong analytical, problem-solving, and organizational abilities.
- Excellent written and verbal communication skills.
Preferred Skills
- Experience working with U.S. CPA firms.
- Knowledge of international tax reporting and foreign disclosures.
- Familiarity with Form 5471, Form 5472, and other international reporting forms.
- Understanding of tax research tools and IRS regulations.
Work Expectations
- Strong attention to detail.
- Ability to manage multiple engagements simultaneously.
- Commitment to meeting tax season deadlines.
- High level of accuracy and accountability.
- Effective team collaboration and communication skills.
- Ability to work independently with minimal supervision.
Experience Required
2–5 Years of US Tax Preparation Experience
