Assistant Manager - IQCC - Kolkata
KPMG · Kolkata
Collected role description
Role overview
Assistant Manager - IQCC - Kolkata at KPMG
Responsibilities
- Review of workpapers for Taxable Income and Earnings and Profits Calculations for CFCs and other foreign entities
- Review of ECI, FDAP and Foreign Withholding Information for foreign investors (Form 1042/1042S, Form 8804/8805.)
- Review of workpapers related to provision calculation
- Review tax returns prepared by staff and make recommendations regarding accuracy and tax savings opportunities.
- Manage client's engagements from start to finish (planning, executing, directing, and completing tax projects).
- Support the Engagement Manager in pursuits, proposals and engagement reporting.
Required qualifications
- Mandatory Skills
- Minimum Master's Degree from reputable universities with excellent academic result, majoring in Accounting or Finance
- The candidate must have 5 to 7 years of relevant experience in a similar role, preferably in a Big 4 Firm
- Strong tax accounting skills with proficiency in US GAAP and tax compliance
- Proficiency in Microsoft Office software programs, including spreadsheet programs (i.e. Excel).
- Broad exposure to federal income taxation and knowledge of tax regulations
Preferred qualifications and skills
- Personal drive and positive work ethic to deliver results within tight deadlines and in demanding situations without compromising on quality and ethical standards and values
- Good engagement management skills and the ability to manage multiple projects simultaneously.
- Experience with professional development and mentoring.
- Aptitude to learn and adapt to various technologies
- Excellent written and verbal communication skills
- Strong Leadership and personnel management skills, Analytical and problem-solving skills with detail orientation.
- Team player: self-driven and ability to work independently as well as able to motivate team members in a partially virtual environment
- Preferred Credential: CPA or Enrolled Agent Roles & responsibilities
- Preferred Credential: CPA or Enrolled Agent
Employment details
- Location: Kolkata [West Bengal] [India]
Additional role details
- Roles & responsibilities
- Review of international tax filings such as CFCs, and foreign information reporting (Form 5471, Form 8858, Form 926, Form 5472 etc.)
- Review of fixed asset workpaper and depreciation/Gain or loss calculation (Form 4562, Form 4797)
- Assisting team members to prepare for e-file and review of XMLs
- Responsible for providing training on Corporate tax concepts to new hires and coaching tax professionals
- Responsible for monitoring engagement budgets and workflow
- Supervise, train, and mentor staff and New Joiners on tax projects.
- Responsible for managing 4-6 people in the team
- Responsible for development and performance management of the team.
- Proactively interact with client management team to gather information, resolve tax-related problems, and make recommendations for business and process improvements
- Proficient on Go System / OneSource income tax, and/or Corptax.
- Consistently grow knowledge of technology skills, technical skill and soft skills through firm-provided trainings.
- Continuous improvement of team's performance through critical analysis of feedback received.
Collected minimum qualification
<p style="direction: ltr; margin-bottom: 6.47pt; margin-top: 0pt; text-align: left; unicode-bidi: embed; word-break: normal;"><strong>Roles & responsibilities</strong></p><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Review of workpapers for Taxable Income and Earnings and Profits Calculations for CFCs and other foreign entities</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Review of international tax filings such as CFCs, and foreign information reporting (Form 5471, Form 8858, Form 926, Form 5472 etc.)</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Review of ECI, FDAP and Foreign Withholding Information for foreign investors (Form 1042/1042S, Form 8804/8805.)</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Review of fixed asset workpaper and depreciation/Gain or loss calculation (Form 4562, Form 4797)</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Review of workpapers related to provision calculation</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Assisting team members to prepare for e-file and review of XMLs</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Responsible for providing training on Corporate tax concepts to new hires and coaching tax professionals</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Review tax returns prepared by staff and make recommendations regarding accuracy and tax savings opportunities.</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Manage client's engagements from start to finish (planning, executing, directing, and completing tax projects). Responsible for monitoring engagement budgets and workflow</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Supervise, train, and mentor staff and New Joiners on tax projects.</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Responsible for managing 4-6 people in the team</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Responsible for development and performance management of the team.</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Proactively interact with client management team to gather information, resolve tax-related problems, and make recommendations for business and process improvements</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Support the Engagement Manager in pursuits, proposals and engagement reporting.</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Proficient on Go System / OneSource income tax, and/or Corptax.</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Consistently grow knowledge of technology skills, technical skill and soft skills through firm-provided trainings.</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Continuous improvement of team's performance through critical analysis of feedback received.</div><div style="direction: ltr; line-height: 107%; margin-bottom: 6.47pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;"> </div><p style="direction: ltr; margin-bottom: 6.47pt; margin-top: 0pt; text-align: left; unicode-bidi: embed; word-break: normal;"><strong>Mandatory Skills</strong></p><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Minimum Master's Degree from reputable universities with excellent academic result, majoring in Accounting or Finance Experience</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•The candidate must have 5 to 7 years of relevant experience in a similar role, preferably in a Big 4 Firm</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Strong tax accounting skills with proficiency in US GAAP and tax compliance</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Proficiency in Microsoft Office software programs, including spreadsheet programs (i.e. Excel).</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Broad exposure to federal income taxation and knowledge of tax regulations</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;"> </div><p style="direction: ltr; line-height: 107%; margin-bottom: 3pt; margin-right: 0in; margin-top: 0pt; text-align: left; unicode-bidi: embed; word-break: normal;"><strong>Preferred Skills</strong></p><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Personal drive and positive work ethic to deliver results within tight deadlines and in demanding situations without compromising on quality and ethical standards and values</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Good engagement management skills and the ability to manage multiple projects simultaneously.</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Experience with professional development and mentoring.</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Aptitude to learn and adapt to various technologies</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Excellent written and verbal communication skills</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Strong Leadership and personnel management skills, Analytical and problem-solving skills with detail orientation.</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Team player: self-driven and ability to work independently as well as able to motivate team members in a partially virtual environment</div><div style="direction: ltr; line-height: 107%; margin-bottom: 0pt; margin-left: 0.19in; margin-top: 0pt; text-align: left; text-indent: -0.19in; unicode-bidi: embed; word-break: normal;">•Preferred Credential: CPA or Enrolled Agent</div>
Collected experience requirement
5-7 years