KPMG India – Associate 1 – Canary Tax

Job description
KPMG Global Services

KPMG Global Services (KGS) was setup in India in 2008. It is a strategic global delivery organization, which works with more than 50 KPMG member firms to provide a progressive, scalable and customized approach to business requirements

The KGS journey has been one of consistent growth, with a current employee count of 10,000 operating from four locations in India Bengaluru, Gurugram, Kochi and Pune, providing a range of Advisory and Tax-related services to member firms within the KPMG network.

As part of KPMG in India, we were ranked among the top companies to work for in India for four years in a row by LinkedIn, and recognized as one of the top three employers in the country for women, as well as for policies on Inclusion & Diversity, by ASSOCHAM (The Associated Chambers of Commerce & Industry of India).

Furthermore, as KPMG in India, we were recognized as one of the Best Companies for Millennials’ at The Millennial Max Conference 2019 presented by The LNOD Roundtable as well as ‘the Great Indian Workplace’ at the Culture Summit and Great Indian Workplace Awards 2019.

Team Overview

The position in discussion is with the Tax team at KPMG Global Services (KGS), which is KPMG’s global delivery center and is an integral part of the firm’s strategy to enhance innovation, build scalability, and improve profitability, globally.

KGS’ Tax team of over 1600+ professionals based in Bangalore and Kochi on a journey of growth, transformation and new capability building to be future ready.

KGS Tax team has been providing solutions to KPMG member firms globally in Corporate Tax, Partnership Tax, Global Mobility, Compensation and Assignment Services, Indirect Tax, Tax R&D, Transfer Pricing, M&A Tax and many more.

Roles and Responsibilities

Designation

Associate 1

Reporting to

AM/ Manager

Role type

Individual Contributor/ Supervisory

Employment type

Full time or Fixed term staff

We are recruiting for Associate 1 at Business Tax services team specifically for our Mutual Fund tax Practice/ Regulated Investment Companies (RIC) tax. Working as a Senior Associate in this team, your responsibilities will include:

Preparation and Quality review of Regulated Investment Company (RIC) fiscal and excise tax provision workpapers, review financial statement disclosures, preparation, and review of monthly or quarterly capital and income estimates, prepare and review quarterly and annual IRC asset compliance and gross income testing.
Prepare workpapers to support shareholder reporting.
Preparation and Quality review of various Mutual Funds book to tax adjustments/reclasses like Wash sales, PFIC, Straddle, Sec 1256/988, REITs/Non-REITs, Dividend (QDI, DRD) etc.
Preparation and Quality review of 1120-RIC tax returns and their supporting workpapers and associated schedules, excise tax returns (8613), extensions (7004) and required state filings.
Participate in technical and other trainings to develop skills to enhance the employee and client experience.
Proficient on Go System and other Tax Compliance tools.
Assisting team members to prepare electronic filing packages.
Supervise and train staff and New Joiners on tax projects as buddy.
Job Requirements

Mandatory Skills

Minimum post graduate from reputable universities with excellent academic result, majoring in Accounting or Finance Experience

Strong tax accounting skills with proficiency in US GAAP and tax compliance and understanding of Federal taxes
Proficiency in Microsoft Office software programs, including spreadsheet programs (i.e. Excel)
Preferred 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
Excellent written and verbal communication skills
Team player: self-driven and ability to work independently as well as able to motivate team members

Culture

Giving programs (CSR)
Maternity and Paternity leave
Opportunities to network & connect
Discounts on products & services
Note: Benefits/perks listed above may vary depending on the nature of your employment with KPMG and the country where you work.

KPMG is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances.

© 2020 KPMG Global Services Private Limited, a company incorporated under the laws of India and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International.

The term “KGS” refers to the KGS Platform of Indian delivery entities, which consist of KPMG Global Services Private Limited (“KGSPL”), KPMG Global Services Management Private Limited (“KGSMPL”), KPMG Global Delivery Center Private Limited (“GDCPL”) and KPMG Resource Centre Private Limited (“KRCPL”), unless the specific private limited entity is specifically noted.

Use in these materials of the term “Our”, or “Us” means KGSPL, KGSMPL, GDCPL and/or KRCPL as the case may be and all four such legal entities are referred to collectively as “KGS”.

Note that Audit services for the clients of the US and Canadian firms are delivered from the GDCPL and for UK (and other firms except US and Canada) Audit services are delivered from KRCPL.

Role: Tax Analyst
Industry Type: Accounting / Auditing
Department: Finance & Accounting
Employment Type: Full Time, Permanent
Role Category: Accounting & Taxation
Education
PG: Any Postgraduate
Key Skills
M.COMMBA
About company
KPMG is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations, and ordinances.

Company Info
Address:
BUILDING NO 10,6TH,TOWER C,DLF CYBER CITY PHASE 2,, GURGAON, Haryana, India

https://www.naukri.com/job-listings-associate-1-canary-tax-kpmg-india-gurgaon-gurugram-0-to-1-years-060323007382?src=jobsearchDesk&sid=16806968599521428&xp=15&px=5

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