Tax Senior Manager – US Global Employer Services – HNI and Global Mobility
Do you have a passion to transform the current state of tax to the next generation of tax functions? Are you a team leader with a practical, business-oriented mindset? Do you enjoy working in an ever-changing global environment with fast-moving markets and evolving business models? If the answer to all of the above is “Yes,” come join us!
Deloitte Tax Services India Private Limited (“USI Tax”) commenced operations in June 2004. Since then, nearly all the Deloitte Tax LLP (“Deloitte Tax”) U.S. service lines have obtained support through the USI Tax teams.
Deloitte Tax is leading its clients through the tax transformation taking place in the marketplace, offering a broad range of fully integrated tax services by combining technology and tax technical resources to comply with the reporting requirements, uncover insights, and deploy approaches for navigating an increasingly complex global environment.
Work You’ll Do
- The U.S. India Tax Compliance Group works with global clients to provide tax compliance services, including income and several other tax return preparations, and computations.
- Signing complex returns for HNI / PW / Global Mobility clients which contain the below calculations / forms:
o Tax equalization calculations.
o Gift Tax Returns – Form 709
o Estate Tax Returns – Form 706
o Trust Returns – 1041
o Foreign Gifts / Bequests received – 3520
o K-1 – Hedge Funds / PTP / Basis calculations / At Risk reporting and associated foreign forms (K3 Reporting) 926 / 8886 / 8621/ 8865 / 5471 / QBI reporting
o High Risk / informational reporting forms – 3520 / 8865 / 8858
o Instalment Sales & Like Kind Transactions, IRAs
o Tax Planning / Extension / Estimate tax planning
o In-depth knowledge of depreciation methods and recapture
- This role will focus on delivering individual tax return compliance process services for High Net Worth Individuals (HNI) and Mobility tax. The services encompass tax accounting, research related to income tax compliance for U.S. federal, state, and international tax issues, and the identification and preparation of advisory services concerning income tax matters.
- Responsibilities will include preparation, review, and signing of complex individual income tax returns, conducting US tax law research, and managing tax consulting projects.
The Team
Accelerating globalization, growing regulatory and business complexity, and evolution of tax technology is creating ever-increasing expectations for tax executives. At Deloitte, we are leading clients through change, uncovering insights, and providing strategic value to organizations. Our approach combines insight and innovation from multiple disciplines with business and industry knowledge to help serve our clients with distinction. You will be based in India and are part of the US team serving our U.S. based clients.
Required Qualification
- Full-time Master's in Business Administration (MBA) in Finance or equivalent from a reputed university
- 2 or more years in handling complex tax returns for High-Net-Worth Individuals (HNI), private wealth clients, or Global Mobility Tax - international assignee populations of multi-national clients with extensive signing experience.
- Knowledge of Forms 1040, 709, 706, Trust returns 1041, Foreign Gifts / Bequests received – 3520, K-1 – Hedge Funds, foreign forms 926 / 8886 / 8621/ 8865 / 5471
- Adequate level of familiarity with US federal and state income tax legislation including foreign national and expatriate tax issues.
- Proficiency in tax software (e.g., CCH Axcess, ProSystem fx) and Microsoft Office Suite.
- Enrolled Agent (EA) accreditation required
- Strong accounting knowledge
- Critical thinking and analytical skills
- Knowledge on Microsoft Office products — Excel, Word, etc.
- Aptitude for learning technology (proprietary tools such as Tracker)
Work Location: Hyderabad, Bengaluru, Chennai, Gurgaon, Pune, Mumbai & Kolkata offices.
Shift Timings: 11 AM to 8 PM IST | 2 PM to 11 PM IST