Job Title:
Senior Associate – US Accounting and Compliance
(US GAAP | Federal & State Tax | Payroll Compliance)
Location:
Technopark, Trivandrum (Kerala)
(On-site preferred; hybrid for experienced candidates)
Company Overview:
We are a growing Indian firm based in Technopark, Trivandrum, specializing in providing accounting, tax compliance, and payroll support to U.S.-based clients.
Our focus is on delivering accurate, timely, and compliant financial services that meet the highest U.S. standards.
We work with clients across multiple states in the U.S., supporting them with Federal and State corporate filings, tax computations, payroll processing, and regulatory compliance — serving as their trusted offshore finance team.
Position Overview:
We are seeking an experienced Senior Associate – US Accounting and Compliance to manage end-to-end accounting, tax, and payroll functions for U.S. entities.
This role demands strong technical knowledge of U.S. corporate tax filings, foreign-owned entity reporting (Form 5472), multi-state compliance (Form 335, RCT-101), and payroll tax processing (Forms 941, 940, W-2, 1099-NEC).
The candidate will collaborate closely with U.S.-based CPA firms and clients, ensuring complete compliance and accurate financial reporting.
Key Responsibilities:
📊 Accounting & Reporting
- Manage full-cycle accounting for U.S. entities, including journal entries, reconciliations, and monthly closing.
- Prepare financial statements and trial balances under U.S. GAAP.
- Maintain and reconcile A/P, A/R, and general ledger accounts.
🧾 Tax Compliance
- Prepare and review Federal Corporate Tax Returns (Form 1120) and Partnership Returns (Form 1065).
- Ensure compliance for foreign-owned U.S. entities through Form 5472 reporting.
- Manage State filings, including:
- Form 335 (State-level compliance returns)
- RCT-101 (Pennsylvania Corporate Tax Return)
- Other state-specific franchise and annual report filings.
- Prepare Form 7004 for extensions and Form 1120-W for quarterly estimated tax calculations.
- Assist with sales tax filings and multi-state nexus compliance.
💰 Payroll Processing & Compliance
- Process payroll using Gusto, ADP, or QuickBooks Payroll.
- Compute gross-to-net pay, including federal, state, and local deductions.
- File all relevant payroll tax forms, such as:
- Form 941 – Quarterly Federal Tax Return
- Form 940 – Annual FUTA Return
- Form W-2/W-3 – Annual wage reporting
- Form 1099-NEC/MISC – Contractor payments
- State withholding and unemployment filings (SUTA/SUI)
- Reconcile payroll liabilities and ensure on-time remittances.
🧩 Compliance & Coordination
- Maintain a compliance calendar for all Federal and State deadlines.
- Liaise with U.S. CPAs and tax agents for reviews, filings, and audits.
- Handle client correspondence related to IRS or State tax notices.
- Ensure complete data confidentiality and secure record management.