US Taxation Analyst

Job Summary

• Responsible for preparing, reconciling, and validating U.S. Taxation and Use Tax returns across multiple states and jurisdictions.
• Ensure the accuracy of sales data, tax calculations, credit balances, adjustments, and return information before submission for review.
• Investigate discrepancies, resolve negative tax balances, and ensure compliance with established procedures and filing deadlines.

Key Responsibilities

• Collect, analyze, and validate client-provided sales and tax data.
• Reconcile gross sales, taxable sales, exempt sales, total tax reported, credits, prepayments, and adjustments.
• Compare client source data with tax return records to identify and resolve discrepancies.
• Review tax return details to validate gross sales, taxable amounts, exemptions, tax due, and jurisdiction-specific requirements.
• Identify and investigate negative tax balances and perform credit reconciliation and allocation.
• Verify opening credit balances, credits applied, and ending balances to ensure accurate monthly reconciliation.
• Process authorized adjustments related to gross sales, exemptions, taxable amounts, prepayments, vendor compensation, and other tax differences.
• Investigate rounding differences and identify the reasons for variances between reported tax and return amounts.
• Prepare and validate tax returns for multiple states, counties, cities, and other local jurisdictions.
• Support Business and Occupation (B&O) tax return processing, including wholesale and retail classifications, where applicable.
• Generate and review updated tax returns after making necessary corrections and adjustments.
• Maintain appropriate documentation and comments for all adjustments and discrepancies.
• Update monthly reconciliation records with tax payment amounts, credit adjustments, and other required information.
• Manage return processing statuses according to the prescribed workflow.
• Ensure all returns are reconciled and submitted for managerial review and approval before filing.
• Escalate complex tax discrepancies, unmatched credits, and exceptions to the supervisor.
• Maintain high levels of accuracy, productivity, and compliance with internal SOPs.
• Complete assigned returns within defined turnaround times and statutory filing deadlines.
• Identify recurring errors and suggest process improvements to reduce rework and improve operational efficiency.

Required Skills and Qualifications

• Bachelors degree in commerce, Accounting, Finance, or a related discipline.
• 2 to 5 years of experience in accounting, tax compliance, financial reconciliation in back-office operations.
• Strong numerical, analytical, and problem-solving skills.
• Good working knowledge of Microsoft Excel, including filters, formulas, lookups, and data reconciliation.
• Strong attention to detail and ability to identify data inconsistencies.
• Ability to analyze large datasets and investigate variances independently.
• Good written communication and documentation skills.
• Ability to follow standard operating procedures and meet strict deadlines.
• Strong organizational skills and ability to manage multiple assignments.

Preferred Skills

• Experience in U.S. Taxation and Use Tax compliance.
• Understanding of U.S. state and local tax jurisdictions.
• Experience in tax return preparation, reconciliation, and credit allocation.
• Knowledge of tax exemptions, prepayments, vendor compensation, and tax adjustments.
• Exposure to Business and Occupation (B&O) tax returns.
• Experience working in a deadline-driven accounting or compliance environment.

• Work from office
• 5 Days Working
• Shift - 2 PM to 11 PM
• Both Side Cab
• Work Location - Greater Noida West

Interested Candidate can share their resume at bhawana.sharma@rsystems.com or Ping at 9643475169

Note: Immediate Joiner will be highly Preferred