Job Description

Location: Mumbai, India
Date Posted: Mar 27, 2023




Description ASSOCIATE - US TAXATION PUNE/BENGALURU/MUMBAI/HYDERABAD
Key duties and responsibilities The position would be to join a team providing US Tax Reporting Services for Funds, Fund Managers and Portfolio Companies. Duties would include:

• Preparation of Book-Keeping of Partnership accounting and allocations for Master funds and US Feeder structures
• Advising clients and ensuring compliance with Book-Tax Analyses such as:
• - Wash Sales
• - QDI/DRD
• - Buy to Cover
• - Section 1256
• - Dividend accruals
• - NPC MTM
• - Market discount
• - US/Foreign income
• - Fixed Income adjustments (amortization/accretion)
• - Straddles
• - Investment into PFICs, PTPs, Underlying Operating Companies and Funds
• Preparation of Quarterly/ Annual Tax Provision.
• Preparation of Fund of Fund/Private Equity Schedule K-1 Pickup template
• Preparation of PFIC and Schedule K-1 workbook including:
• Taxable Income Summary
• Book/tax analyses
• WAC % calculation
• Underlying PFIC analyses
• Tax Allocations (aggregate, FoF, Private Equity)
• PFIC Annual Information Statement and cover letter preparation
• PDF conversion
• Preparation of Form 1065/Schedule K-1 Preparation via GoRS
• Preparation of bridging templates
• Bridging of data
• Footnote preparation
• Preparation and filing of respective forms

Qualification and Experience

• Qualification- CA, CPA, ACCA, MBA (Finance), CFA, or any course specialized in Accounting/Finance.
• Experience of 0-4 years in Accounting, US Taxation and Reporting

Skills Required

• Good interpersonal and time management skills
• Adaptability
• Proficient in MS Excel and MS Word
• Good written and verbal communication skills
• Good knowledge in capital market and derivatives
• Strong accounting knowledge

What you will get in return

• A genuinely unique opportunity to be part of an expanding large global business.
• Exposure to work on accounting and taxation

Additional information We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnicity, age, sexual orientation, socio-economic, responsibilities for dependants, physical or mental disability. Any hiring decision are made on the basis of skills, qualifications and experiences. We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet. For more information on our commitment to Corporate Social Responsibility (CSR) please visit our CSR policy page. Website address: https://theapexgroup.com