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Senior Tax Specialist - US

Date: Apr 24, 2021

Location: Hyderabad, IN, 500081

Company: IFF Family of Companies

Req ID: 106181

Job Description

Are you passionate about service excellence? Would you love to work for a global organisation that is doing more good for people and planet? 


IFF is a global leader in food, beverage, health, biosciences and sensorial experiences. We are now seeking a highly motivated and results driven individual to join our India Shared Service Center team as Senior Tax Specialist – US.


Your Focus


As a part of US Tax Team based out of Hyderabad, you will be responsible to process, prepare and support various US Tax compliance related work.


You will manage US and Canada Indirect Tax Compliance work and, US Direct Tax Compliance work which includes Canada GST Compliance, US Federal, Domestic, International and various state and Local tax returns.


The role will report to Manager Operations Tax Center.

 

How you will contribute


US Direct Tax Provision and Compliance 

  • Prepare US International, Federal, and various State and Local tax returns using SAP and standalone system (Form 1120 / Form 1065 / Form 5471 / Form 8858 / Form 8865 / State Corporate Income Tax and Franchise Tax Forms)
  • Prepare, request, reconcile, and follow up open issues on Tax Bulletins for various US and Foreign subsidiaries
  • Prepare / review subsidiaries work papers for E&P or Schedule M adjustments
  • Prepare and maintain supporting documents in system
  • Extract various reports from SAP and financial accounting ERP’s system
  • Assist in Federal, State and Local audits
  • Assist in quarterly accrual process and various projects when needed
  • Tax GL Accounts Reconciliation and Blackline reporting
  • Strick compliance of company SOP and Internal control

 

US Indirect Tax Compliance 

  • Consolidate Sales and Use Tax data for Danico/Solae/N&B/IFF and its subsidiaries, validate and provide it for Return Filing
  • Review of Returns Filed for Sales and Use Tax
  • Prepare and reconcile Tax Payment Worksheet for the Danico/Solae/N&B/IFF and its subsidiaries
  • Annual Report filing for Danisco/Solae/N&B/IFF and its subsidiaries
  • Coordinate with various teams and CSR/BU for validating Tax Exemption Certificate
  • Provide Reports on expired / expiring exemption certificates and various other reports as and when requested by the Team
  • Prepare and reconcile worksheet for Canada GST filing

 

Impact on the Business & Team work

  • Working with team to ensure delivery as per agreed timelines
  • Publishing performance dashboards and required tax specific reporting
  • Develop an in-depth knowledge of accounting flows tax frame works to support the process

Job Requirements

What you will need to be successful

 

  • Post Grad. or Bachelor Degree in Finance, Accounting, Commerce, or any other relevant discipline 
  • 3 – 5 years of experience in US tax work paper in Form 5471 / 8858 / 8865 & Domestic Filing 1120/1065)
  • Ability to develop effective work relationships with business stakeholders
  • Good knowledge of MS office including Excel, Word and PowerPoint
  • Good Communication Skills
  • Strong analytical skills, ability to multi-task, and proficiency in the use of tax software
  • Capability to research and understand principles of US tax law
  • Demonstrated the ability of driving results

 

 

IFF is an Equal Opportunity Employer.

 

At IFF, we believe that your uniqueness unleashes our potential.  We value the diverse mosaic of the ethnicity, national origin, race, age, sex or veteran status. We strive for inclusive workplace that allows each of our colleagues to bring their authentic self to work regardless of their religion, gender identity & expression, sexual orientation, or disability. Visit IFF.com/careers/workplace-diversity-and-inclusion to learn more