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Tax Associate Manager

Bengaluru Job No. jr901723 Full-time
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Please be informed that at any given point in time, you can only have one "Active" application.

Please be informed that at any given point in time, you can only have one "Active" application.

Job Description

About Accenture:Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries,we offer Strategy and Consulting,Technology and Operations Services, and Accenture Song - all powered by the world's largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.comJob Title: FIN 48 Tax Accounting Specialist Reports To: FIN 48 Tax Accounting Manager Functional Area: Tax / Finance Location: Mumbai, Pune, Bangalore The Tax Accounting function is organized along the lines of geographic responsibilities and process responsibilities. A team of tax accounting experts report to the Managing Director – Income Tax Accounting. This team includes members who focus on geography-specific issues and those who manage global processes that support Accenture worldwide. The geographic roles work with local finance and tax groups to ensure accurate forecasting and reporting of income tax accounts. The global process roles work alongside the geography-focused team members to manage the global tax accounting processes for the consolidation of global results for U.S. GAAP and management reporting purposes. Brief Description of Duties: The FIN 48 Tax Accounting Specialist is responsible for supporting all aspects of income tax accounting and forecasting for Recognized and Unrecognized Tax Benefits (income tax reserves) under ASC 740-10, formerly FIN 48. This could include, but is not limited to, the following: • Develop technical skills to support team U.S. GAAP ASC 740 tax accounting expert regarding recognition and measurement of Accenture’s global tax positions. • Prepare quarterly updates to income tax reserves, including position documentation, questionnaire data in external repository and technical memos. • Manage timeliness and ensure technical accuracy of quarterly reserves account movement, including forecast income statement impacts and cash tax impacts of tax controversy. • Maintain repository of global Statute of Limitations dates as advised by Market Tax teams for jurisdictions with reserves. • Support the analysis and documentation of all Recognized and Unrecognized Tax Benefits, including current/non-current classification, interest and penalty calculations, including consideration of the manner in which the position will be settled, including any indirect effects, including those arising in different jurisdictions. • Collaborate with a team of regional tax accounting experts to develop and support conclusions regarding income tax reserves, including pre-acquisition risks recorded for acquired entities in purchase accounting. • Prepare and post journal entries, detailed forecasts and other materials used for inclusion in the forecast of Accenture’s global Effective Tax Rate. • Prepare financial statement disclosures for unrecognized tax benefits. • Assist with external financial audits and reviews of income tax reserves. • Attend quarterly calls with Market Tax Directors, Tax Leadership and external financial auditors to discuss forecast updates to reserved positions. • Prepare supporting materials for internal controls to be executed by Market Tax Directors over the Recognized and Unrecognized Tax Benefits and ensure timely execution of these controls. • Prepare comprehensive tax accounting analyses of potential controversy outcomes. • Execut

Qualifications

Job Title: FIN 48 Tax Accounting Specialist Reports To: FIN 48 Tax Accounting Manager Functional Area: Tax / Finance Location: Mumbai, Pune, Bangalore The Tax Accounting function is organized along the lines of geographic responsibilities and process responsibilities. A team of tax accounting experts report to the Managing Director – Income Tax Accounting. This team includes members who focus on geography-specific issues and those who manage global processes that support Accenture worldwide. The geographic roles work with local finance and tax groups to ensure accurate forecasting and reporting of income tax accounts. The global process roles work alongside the geography-focused team members to manage the global tax accounting processes for the consolidation of global results for U.S. GAAP and management reporting purposes. Brief Description of Duties: The FIN 48 Tax Accounting Specialist is responsible for supporting all aspects of income tax accounting and forecasting for Recognized and Unrecognized Tax Benefits (income tax reserves) under ASC 740-10, formerly FIN 48. This could include, but is not limited to, the following: • Develop technical skills to support team U.S. GAAP ASC 740 tax accounting expert regarding recognition and measurement of Accenture’s global tax positions. • Prepare quarterly updates to income tax reserves, including position documentation, questionnaire data in external repository and technical memos. • Manage timeliness and ensure technical accuracy of quarterly reserves account movement, including forecast income statement impacts and cash tax impacts of tax controversy. • Maintain repository of global Statute of Limitations dates as advised by Market Tax teams for jurisdictions with reserves. • Support the analysis and documentation of all Recognized and Unrecognized Tax Benefits, including current/non-current classification, interest and penalty calculations, including consideration of the manner in which the position will be settled, including any indirect effects, including those arising in different jurisdictions. • Collaborate with a team of regional tax accounting experts to develop and support conclusions regarding income tax reserves, including pre-acquisition risks recorded for acquired entities in purchase accounting. • Prepare and post journal entries, detailed forecasts and other materials used for inclusion in the forecast of Accenture’s global Effective Tax Rate. • Prepare financial statement disclosures for unrecognized tax benefits. • Assist with external financial audits and reviews of income tax reserves. • Attend quarterly calls with Market Tax Directors, Tax Leadership and external financial auditors to discuss forecast updates to reserved positions. • Prepare supporting materials for internal controls to be executed by Market Tax Directors over the Recognized and Unrecognized Tax Benefits and ensure timely execution of these controls. • Prepare comprehensive tax accounting analyses of potential controversy outcomes. • Execute internal controls over the accuracy and completeness of reports and journal entries. • Maintain quarterly rollforwards and documentation of non-income tax positions / tax contingences recorded under ASC 450. • Assist with local income tax accounting training as required for the tax and country controllership groups. • Maintain team calendar. Basic Qualifications: • Bachelor of Commerce degree, emphasis in Accounting or Tax • Minimum of 2 years combination of Tax and/or Financial Reporting experience with a multinational company and/or public accounting firm • Demonstrated ability to team and communicate effectively, across functions and time zones • Demonstrated ability to work effectively with large amo

Please be informed that at any given point in time, you can only have one "Active" application.

Please be informed that at any given point in time, you can only have one "Active" application.

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