US Tax Manager

Job Description – US Tax Compliance Manager

Job Title:                       US Tax Compliance Manager

Reports To:                 US Tax Senior Manager

Functional Area:         Tax / Finance

Location:                      Bangalore / Gurugram

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 & Consulting, Technology & Operations Services and Accenture Song - all powered by the world's largest network of advanced technology and intelligence operations centers. Our 775,000 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.Acenture.com.

Brief Job Description:

The US Tax Compliance Manager will be responsible for managing all US federal, state, and local income tax reporting and compliance, including full cycle from provision through true-up; as well as special projects as needed to identify and mitigate tax exposures and capitalize on opportunities. The Manager will also be expected to help drive process improvement and leverage technology where possible. The Manager will also provide support the audit process when needed (Accenture is in the CAP program).

Responsibilities:

• Ensure the efficient, accurate, and timely completion of all federal tax returns (Form 1120/1065/1120F)
• Lead international income tax filings (Form 5471/Form 5472/Form 8858), including foreign taxes (Form 1118), BEAT (Form 8991), GILTI (Form 8992), or FDII (Form 8993) inputs and computations.
• Review and prepare subpart F income inclusion calculations, E&P analysis.
• Manage the day-to-day relationship with our compliance outsource provider.
• Understand and ensure accurate Federal and international reporting requirements under the Tax Cuts and Jobs Act of 2017 and OBBBA
• Manage calculation of book/tax differences, including detail review of calculations and supporting workpapers to ensure accuracy and completeness. Review should include use of prior federal tax compliance experience to identify areas to add value and efficiency to processes.
• Manage the processes related to quarterly estimated tax payments calculation and filings.
• Manage processes related to non-income tax and FATCA compliance, including Form 720, Form 1042, and FBAR.
• Review Forms and statements related to acquisition, integration, and restructuring activities, such as preparation of Forms 8023, 8832, and SS-4.
• Coordinate with Client engagement teams to identify and complete required documentation for tax purposes, including review of Federal and State Form W-9 and Form W-8 BEN-E.
• Develop internal relationships with other financial or operational groups to improve our ability to obtain data needed to accurately forecast taxable income.
• Perform research of federal income tax issues.
• Supervise the US compliance group analyst and senior associates, including career development and other personnel issues.
• Manage special projects as needed, including researching technical issues, preparing memoranda, developing, and/or reviewing calculations, collaborating with advisors.
• Work with the US Tax Planning team to ensure planning ideas are accurately reported in the federal income tax returns.
• Work with the US Tax Planning team and Tax Accounting team to ensure accurate tax treatment and tax reporting of acquisitions, restructurings, liquidations, and divestitures.
• Provide assistance to Tax Planning team in analyzing financial models to determine the impact of tax planning ideas on income taxes payable.
• Coordinate with the Tax Controversy team to ensure workpapers and documentation is consistent with expectations and to support them in resolving notices/IDRs.
• Ensure all federal tax return files are fully documented and audit ready.
• Monitor Statute of Limitations issues, including maintenance of comprehensive forecast of statute closings.
• Manage the compliance calendar and compliance SharePoint site, to ensure information is organized and accessible to members of the US team.
• Provide assistance to Tax Accounting team to ensure accurate and timely completion of the year-end and quarterly GAAP income tax reporting process for the US.

Mandatory Qualifications/ Experience:

• Chartered Accountant (CA)/ CPA/ Enrolled Agent (EA) with 10 years of experience (preferred) or a graduate/ post-graduate in commerce with 13 years of experience in US Tax Compliance and Reporting with multinational companies (MNCs) or a combination of MNCs along with public accounting firms.
• Strong experience in preparation of US international Tax Forms 5471, 8992, 5472, 8858, Sub F, 1118, 1120-F, 8991, 8993, in order of preference.
• Experience in US Tax Reporting.
• Proficiency in Microsoft Excel.

Mandatory Professional Skills:

• Strong written and verbal communication skills.
• Ability to team and communicate effectively, across functions and time zones.
• Ability to deliver high quality work product under tight deadlines.
• Ability to think and work independently with attention to detail.
• Strong analytical and problem-solving skills.
• Self-starter with the ability and confidence to work well in an unstructured, dynamic environment.
• Team player; collaborative with peers and has led/mentored a team.
• Strong organizational and leadership skills.