Kroll, a reputable company in the financial services sector, is currently offering a compelling opportunity for the position of Tax Specialist. To qualify for this role, candidates are required to hold a Bachelor’s Degree, emphasizing the company’s commitment to academic excellence. The ideal candidate would also have at least 1 year of relevant experience in tax-related responsibilities. This position is based in the vibrant city of Mumbai, providing an exciting environment for professionals in the financial field. Kroll is renowned for its dedication to delivering top-notch financial services, and joining the team as a Tax Specialist presents a chance to contribute to their continued success.
Company Name: Kroll
Job Role: Tax Specialist
Education Required: Bachelor’s Degree required
Experience Required: 1 year
Job Location: Mumbai
Role and Responsibilities:
- US GAAP account reconciliations for tax accounts, including the payable, deferred taxes, FIN 48 liabilities and the associated P&L accounts.
- US GAAP account reconciliations for transfer pricing accounts, including US, UK, and India intercompany HQ allocation receivable/payables and associated P&L accounts.
- US GAAP account reconciliations for investment accounts, including the offset to APIC, and loan accounts, including both the intercompany loan payable/receivable accounts, the intercompany loan accrued interest payable/receivable accounts and the associated P&L accounts.
- Assist in completing the US GAAP worldwide income tax provisions timely and accurately in accordance with FAS 109
- Assist in information gathering, analysis, and review of US/foreign return process. Assist in information gathering, analysis, and review of the US international tax return process (5471s and 8858s).
- US locality tax calculations, including the NYC Rent Tax, Ohio CAT, Washington B&O Tax, Seattle Gross Receipts Tax, San Francisco Annual Business Tax, Los Angeles Gross Receipts Tax, and Chicago Lease Transaction Tax.
- Submission of income tax payments and associated tax coversheet including the general ledger coding to AP
- Managing the Tax/Treasury department budget and tracking of actual spend to the budget in the necessary format, as requested by the Global Head of Tax.
- Manage worldwide tax service provider engagement letters and billings. Coordinate with tax team in the US to manage the budget and ensure all invoices are coded properly for recording by the GL team.
- Manage the TRA portal process and ensure that all TRA statements are loaded into the portal correctly by person.
- Manage the substitute 1099-B process and ensure that all shareholder statements are loaded into the portal correctly by person.
Required Skills and Qualification:
- Bachelor’s Degree required; CPA a plus.
- A minimum of 1 year of tax experience preferred. No more than three years of work experience.
- Demonstrate knowledge of accrual basis accounting.
- Demonstrate interest in accounting and finance.
- Willingness to participate in multiple areas of tax, treasury, and transfer pricing.
- Proven ability to utilize standard business (MS Office, particularly Excel and PowerPoint). Knowledge of accounting software applications a plus.
- Excellent oral and written communication skills
- Experience writing tax memoranda preferred a plus.
