Senior, US State and Local Tax

Job Title - US Tax Senior - SALT (State and local Taxes) - Partnership

Job Location - Any EY GDS office in India

Role name and description

Tax Senior - The Senior role provides a unique opportunity to tax professionals with excellent researching and inter-personal skills to advance their career in managing end to end tax compliance operations. The position involves delivering compliance expertise to multiple clients and play a meaningful role in delivering operational improvements and bringing valuable solutions for client needs. Individual should be able to work both as part of a team and independently while bringing strong technology and analytic skills to drive continuous improvement.

The opportunity

When you join EY GCR Financial Service Operations (FSO) State & Local Taxes team, you will be at the heart of EYs critical mission to build a better working world by applying knowledge skills and experience in assisting clients in meeting their business purpose.

Your key responsibilities

• Performing detailed review of state partnership returns, Withholding Forms, Composite returns.
• Review extensions, withholding calculations/composite calculations, estimate payments, PTET calculations and related filings.
• Basic understanding and review skills for US Federal Partnership Tax returns for - Private Equity/Hedge Fund/Fund of Funds.
• Basic understanding and review skills for US Blocker corporate state returns.
• Review and critical analysis of allocation and apportionment and non-business income.
• Research, analyze, and interpret new or revised state and local tax law changes to determine potential impact on company tax profile.
• E-file state partnership tax return and review XMLs and check for any E-file rejects.
• Manage assigned task throughout end-to-end process in timely manner.
• Guide, mentor Staff (new and experienced) for upskilling, technical advancement, and performance management.
• Display general knowledge of engagement big picture and work towards obtaining appropriate certification.
• 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.

Skills and attributes for success

• Knowledge of Accounting standards and basic understanding of accounting principals 
• Proficient on Go System tax software/OneSource income tax.
• Knowledge on various research tools such as CCH, eForms, SuperForm and related research tools.
• Ensuring adoption and specialization of EY methodologies, EY tools and technology specific to tax.
• Knowledge of recent tax laws and update
• Proactively interact with client management team to gather information and engagement specific treatments and process.
• Work as team player with team and other members to achieve the deliverables in stipulated time with quality.

To qualify for the role, you must have

• Graduate or Postgraduate in Finance
• CPA/EA will be an added advantage (Completed or Pursuing)
• 3 to 5 years of experience 

Ideally, you’ll also have

• Strong tax accounting skills with proficiency in US GAAP and tax compliance.
• Ability to read, interpret and apply the tax legislation