Senior Associate - GMS - Individual Tax

Grant Thornton

  • Bangalore, Karnataka
  • Permanent
  • Full-time
  • 23 days ago
Job Description:
  • Ability to perform the first-level review of medium/complex US Individual Income Tax returns for US-Inpats and US Expatriates(Form 1040/Form 1040NR) prepared by Associates.
  • Ability to perform the first-level review of US Tax Equalization Calculations, Hypo tax calculations, Gross-up tax calculations etc. prepared by Associates, for US-Expatriates.
  • Ability to perform the first-level review of Tax Split calculations, With-in/With-out calculations etc, prepared by Associates for US Inpats.
  • Monitor, document and apply any changes in tax rates, tax laws for US tax return preparation.
  • Responsible for Quality Assurance for projects handled by the team
  • Ability to identify technical issues on the engagements and to present with the recommendations to the engagement teams
  • Ability to manage the engagements and coach the team on technical concepts
  • Acting as subject matter expert (“Go To” Person) and be a conduit for knowledge sharing
  • Actively participating in the technical forums
  • Develop content and help conduct trainings
  • Ability to identify gaps, coach, mentor and developing technical skills of team members
  • Build professional relationship with the engagement teams
Skills:
  • 4 -6 years of experience in preparation and/or review of US Individual Income tax returns for US Full-year Residents, Dual-Status residents and Nonresidents (Form 1040/Form 1040NR).
  • Thorough knowledge and experience in GMS specific tax rules applicable for US-Inpats and Expatriates such as various elections, Tax treaty-benefits, optimization calc etc, and analytical skills to take a judgmental call on the best optimal filing position for US-Inpats and Expatriates.
  • Through knowledge and experience in reviewing Tax equalization calc, gross-up calc etc.
  • Thorough knowledge and experience in analyzing the various types of source documents such as Consolidated Form 1099s (1099-INT, 1099-DIV, 1099-B, 1099-MISC etc). 1098s, Schedule K-1s, PTP K-1s, State K-1s etc, and also the tax treatment of such various types of investment income and adjustments.
  • Graduate in B Com / BBA / BAFM / BBM / BSc(Stat or Math) or MBA (Finance)
  • Embrace the opportunity to gain extensive knowledge in the field of U.S. Tax.
  • Strong accounting knowledge.
  • Critical thinking and analytical skills.
  • Aptitude for learning technology (proprietary tools).
  • Strong written and verbal English language communication skills.
  • A process improvement and knowledge-sharing mindset.
  • Execute effectively in cross-cultural business settings.
  • Experience working with an outsourcing work stream or in a shared service environment required.
About Company:‘Grant Thornton INDUS’ comprises GT U.S. Shared Services Center India Pvt Ltd and Grant Thornton U.S. Knowledge and Capability Center India Pvt Ltd. Grant Thornton INDUS is the shared services center supporting the operations of Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd. Established in 2012, Grant Thornton INDUS employs professionals across a wide range of disciplines including Tax, Audit, Advisory, and other operational functions. What sets us apart isn’t just what we do – it’s how we do it. We support and enable the firm’s purpose of making business more personal and building trust into every result. We’re collaborators – obsessed with quality and ready for anything – who understand the value of strong relationships. Our professionals are well integrated to seamlessly support the U.S. engagement teams, help increase Grant Thornton’s access to a wide talent pool, and improve operational efficiencies. Empowered people, bold leadership, and distinctive client service are imbibed in the culture at Grant Thornton INDUS. We are a transparent, competitive, and excellence-driven firm that offers an opportunity to be part of something significant. In addition, professionals at Grant Thornton INDUS serve communities in India through inspirational and generous services to give back to the communities they work in. Grant Thornton INDUS has its offices in two locations in India – Bengaluru and Kolkata

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