US Tax 1041 HNI Professional

Role: US Tax 1041 HNI Professional

Industry Type: Accounting / Auditing

Department: Finance & Accounting

Employment Type: Full Time, Permanent

Role Category: Finance & Accounting - Other

UG: Any Graduate

PG: Any Postgraduate

Job Description

Work Mode: 5 days WFO/Hybrid

Role Overview

We are seeking an experienced Tax Reviewer with a b background in handling complex U.S. Individual Tax Returns for High-Net-Worth Individuals (HNI) and mobility clients. The ideal candidate will have 7-9 years of hands-on experience reviewing Form 1040 and associated schedules, along with specialized expertise in international tax compliance forms.

Key Responsibilities

• Form 1040 Review: Review U.S. Individual Tax Returns (Form 1040) for HNI clients, ensuring accuracy and compliance with IRS regulations.
• International Tax Forms: Review and analyze complex international tax forms including:
  • Form 1116 (Foreign Tax Credit)
  • Form 2555 (Foreign Earned Income Exclusion)
  • Form 8938 (Statement of Specified Foreign Financial Assets)
  • Form 8621 (Information Return by a Shareholder of a Passive Foreign Investment Company)
• FBAR Compliance: Review FinCEN Form 114 (FBAR) filings for mobility clients to ensure proper reporting of foreign bank accounts.
• Client Advisory: Provide insights and recommendations to clients on tax-saving opportunities and compliance risks.
• Cross-Border Taxation: Collaborate with global mobility teams to address expatriate and cross-border tax issues.
• Quality Assurance: Ensure all returns meet firm standards and regulatory requirements before submission.

Qualifications

• Bachelor s or master s degree in accounting, Finance, or related field.
• CPA, EA, or equivalent professional certification preferred.
• 7-9 years of experience in U.S. Individual Tax Return review, with exposure to HNI and mobility clients.
• b knowledge of IRS regulations and international tax compliance requirements.
• Excellent analytical, communication, and client management skills.