US Taxation

Date: 15-Mar-2023

Country: India

Function: Olam Global Business Service

Sub-Function: Production

About Us

Olam International is a leading food and agri-business supplying food, ingredients, feed and fibre to over 19,800 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a sourcing network of 4.8 million farmers. Through our purpose to 'Re-imagine Global Agriculture and Food Systems', Olam aims to address the many challenges involved in meeting the needs of a growing global population, while achieving positive impact for farming communities, our planet and all our stakeholders. Headquartered and listed in Singapore, Olam currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST.

Olam Information Services (OISL) is a captive subsidiary of Olam International, Singapore offering IT Services & Global Business Services across its operations in 65 countries in Asia, Africa, EU & Americas. In Chennai, we currently have onboard more than 1000 highly motivated employees. Olam Digital has received International Innovation Award 2019 for Best Services and Solutions.

Olam Global Business Services (OGBS) is a captive unit that offers End to End business process and analytics solutions. OGBS currently offers its solutions in 6 Platforms: Finance, Supply Chain, People services, Risk & Market Compliance, Big Data Analytics and Business Intelligence. At this moment, OGBS is located in City of Chennai, India and provides its services to over 20 countries. Olam GBS has received Best Shared Services in India Award – 2019, by Shared Services Forum and Asia’s No.1 Shared Services in Process Improvement and Value Creation, 2019 by Shared Services and Outsourcing Network Forum.

Job Summary

Assist with preparation and filing of monthly/quarterly state gross receipts tax returns for US entities
Ownership and tracking of all Federal and State statutory filings and due dates
Assist with accounting data gathering and organizing for internal tax projects and reporting as well as completing tax PBC requests for service providers
Ownership of Fixed Assets accounting for tax in Web Based BNA Tax Software including additions/ disposals and determination of tax lives and methods as required by tax rules
Run various fixed assets tax deprecation and gain/loss reports using online BNA Fixed Assets software
Prepare federal and multi-state estimated tax payments and extension payment computations and assist with related filings
Support with preparation of certain complex book/tax adjustment computations such as section 263A adjustments and review of annual Federal/State income tax returns
Assist with tax research on selected areas of Federal, state, and local tax rules to determine tax treatment for certain transactions
Assist with quarterly and yearend tax provision preparations including analysis of ETR and tax accounts reconciliations
Assist with review of I/C transfer pricing computations
Assist with planning projects and specific tax projections on needed basis
Assist with various other tax projects and computations on needed basis
Build and manage relationship with accounting teams
Ability to prioritize and multitask under tight deadlines
Develop automated procedures for routine tasks and share ideas with team
Work independently and provide status updates

Job Description

Assist with preparation and filing of monthly/quarterly state gross receipts tax returns for US entities
Ownership and tracking of all Federal and State statutory filings and due dates
Assist with accounting data gathering and organizing for internal tax projects and reporting as well as completing tax PBC requests for service providers
Ownership of Fixed Assets accounting for tax in Web Based BNA Tax Software including additions/ disposals and determination of tax lives and methods as required by tax rules
Run various fixed assets tax deprecation and gain/loss reports using online BNA Fixed Assets software
Prepare federal and multi-state estimated tax payments and extension payment computations and assist with related filings
Support with preparation of certain complex book/tax adjustment computations such as section 263A adjustments and review of annual Federal/State income tax returns
Assist with tax research on selected areas of Federal, state, and local tax rules to determine tax treatment for certain transactions
Assist with quarterly and yearend tax provision preparations including analysis of ETR and tax accounts reconciliations
Assist with review of I/C transfer pricing computations
Assist with planning projects and specific tax projections on needed basis
Assist with various other tax projects and computations on needed basis
Build and manage relationship with accounting teams
Ability to prioritize and multitask under tight deadlines
Develop automated procedures for routine tasks and share ideas with team
Work independently and provide status updates

Profile Description

Qualified Chartered Accountant (CA) with at least 5 to 6 years of experience in US Taxation
Previous experience working with Big4 firms will be preferred
Should be a good team player with a positive attitude and willingness to learn
Should have the ability to work independently in an organized and systematic manner
Strong numerical, analytical and problem-solving skills
Should be proactive, meticulous in document management, meeting deadlines and able to effectively prioritize
Should be an enthusiastic, confident and display excellent communication skills

Olam is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, nationality, disability, protected veteran status, sexual orientation, gender identity, gender expression, genetic information, or any other characteristic protected by law.

Applicants are requested to complete all required steps in the application process including providing a resume/CV in order to be considered for open roles.