US Business Tax Manager - 1065 & 1120

Experience: 7+ years in US Business Tax (1065 & 1120)

Shift Timing: 8:00 AM to 4:00 PM

Location: Ahmedabad, Chennai

Skills: Worked on Un-Audited financial Statements, Adjusting Journal Entries, Retained Earnings

Roles & Responsibilities:

• Manage preparation and review of US Business Tax Returns (Forms 1065 and 1120, 1120S) ensuring compliance with IRS regulations.

• Perform book-to-tax adjustments and prepare M-1 / M-2 reconciliations where applicable.

• Work on tax compliance, workpapers, and supporting schedules for federal and state tax filings.

• Review client documentation and communicate with clients to resolve missing information or discrepancies.

• Ensure timely filing of tax returns while maintaining high quality and accuracy standards.

• Provide guidance and review support to junior team members on tax preparation, adjustments, and documentation.

• Coordinate with internal teams and clients to gather financial information and resolve queries.

• Stay updated with US tax law changes, IRS guidelines, and compliance requirements.

• Handle Un-Audited Clients by reviewing client-provided financials, identifying discrepancies, and preparing necessary adjustments before tax return preparation.

• Review financial statements, trial balances, and general ledgers to ensure accuracy and completeness for tax reporting.

• Prepare and review Adjusting Journal Entries (AJEs) to correct errors, record accruals, depreciation, amortization, and other tax-related adjustments.

• Analyze Retained Earnings and Equity accounts to ensure proper roll-forward and reconciliation with prior year tax filings and financial statements.