Senior Associate- US Partnership Tax (Form 1065)

Partnerships (hedge funds/ Federal/Real estate/Private equity Funds)

FSO- Senior/Assistant Manager

Exp-3-8yrs

Location-Bangalore, Gurgaon, Hyderabad, Kolkata

Job purpose:

Develop, mentor and supervise Analysts and Advanced Analysts:

• Act as a counselor for Analysts and Advanced Analysts
• Proactively recognize issues and recommend solutions
• Proactively seek opportunities to diversify client load and exposure to different teams
• Foster collaboration and constructive communication within the team
• Demonstrate basic presentation and public speaking skills, while actively participating in meetings
• Communicate in face-to-face situations, by phone and via email, and determine the appropriate mechanism for communicating, given the situation
• Display general knowledge of engagement big picture and work towards obtaining appropriate certification
• Communicate your progress and the project status to supervisors worldwide
• Take ownership of your schedule and proactively seek work when necessary to meet your annual chargeability goal
• Adhere to practice protocol and other internal processes consistently
• Explore the opportunity of going on rotation

Technical competency

• Sound knowledge in the taxation of U.S investment partnerships
• Knowledge on securities analysis (like wash sale, short sales, dividend analysis etc.,)
• Partnership Tax allocations - Sound knowledge on aggregate allocations (Hedge funds) and tax waterfall, GP clawback (Private Equity)
• Review of Schedule K-1, Form 1065, various state returns and state withholding forms
• Review of Form 1042, 8804 and 8805 filings
• Knowledge on PFICs (Passive Foreign Investment Corporation), its reporting and various elections (QEF, MTM etc.,). Review of form 8621.
• Review of international forms like 5471 and 8865

We are looking for the candidates with the following: (Qualifications)

• Graduate or Post Graduate in Finance