Job Overview:
The Senior Tax Associate will be responsible for the preparation of US tax returns, its related schedules and calculations. They will be working with the onshore team.
Work Schedule
Work Set-up:
- Hybrid (Flexible working arrangement)
Office Assignment:
- MAKATI OFFICE: 22F Tower 1, One Ayala Corporate Center, Ayala Ave., Makati City
JOB RESPONSIBILITIES
- Preparation of US tax partnership return Form 1065 for foreign partnerships and preparation of Schedules K-1 and K-3 for partners in such partnerships.
- Preparation of disclosures on Schedules K-1 and K-3 relating to forms 8865, 926 and 8621.Working with the onshore team, the tax accountant will analyze the financial information provided by our firm's end clients, identify any missing information and incorporate the data into our firm's Excel workpaper.
- Using our firm's workpaper template in Excel, the tax accountant's tasks include preparation of taxable income calculations at the partnership level, allocation of taxable income between partners, preparation the partners tax basis capital account for the tax year, conversion of any non-USD currencies into USD, tracking the tax basis of underlying investments.
- The tax accountant would then bridge the allocations to CCH and prepare the investor reporting (Schedules K-1 and K-3) including footnotes from our database.
JOB QUALIFICATIONS
- Qualified CPA
- High level of proficiency in Microsoft Excel required.
- Excellent organization skills and attention to detail.
- Ability to work well under pressure, meet deadlines and communicate clearly with onshore team.
- Have some experience working in US tax reporting for funds (possibly with a firm like Citco in Manila)
What D&V Philippines can offer you:
D&V Philippines is a place where you can build and grow your career because we invest in your training and development. You'll be a key player in our mission to deliver high-quality, cost-effective finance and accounting services for CFOs and professional services firms in Australia, Asia-Pacific, Europe, the United States,and the United Kingdom.
You'll also get to enjoy these perks on top of the essential employee benefits:
- Competitive salary with non-taxable allowances
- Health and wellness benefits
- Vacation and sick leave credits
- Yearly company and employee performance bonuses
- Free meal during office days
- Parent-friendly office
- Training and certifications
- CPD Training Assistance and PRC license renewal reimbursement
- Year-round employee engagement activities
