Individual Tax Preparer – Financial Services

Greetings!!!

We are hiring for Individual Tax Preparer – Financial Services

Role Overview

The Individual Tax Preparer – Financial Services is an entry-level member of the Financial Services delivery team, responsible for preparing accurate and compliant individual tax returns for clients, business owners, and referred individuals supporting U.S.-based clients.

Based in our Hyderabad delivery hub, you will work as part of a distributed team supporting U.S. clients. This role requires a strong understanding of U.S. individual taxation, attention to detail, accuracy, and the ability to communicate clearly with clients and internal stakeholders.

The role is particularly focused on U.S. Individual Tax Returns (Form 1040) while supporting tax matters related to business owners where applicable.

Key Responsibilities

Individual Tax Preparation & Filing

Prepare U.S. federal, state, and local individual tax returns, primarily Form 1040 and related schedules.

Review and organize client tax documents, including W-2s, 1099s, receipts, investment statements, and prior-year tax returns.

Identify applicable deductions, credits, and tax-saving opportunities while ensuring compliance with current federal and state tax regulations.

Accurately enter tax information into tax preparation software and maintain organized digital records.

Perform a detailed self-review of completed returns before submitting them for senior review.

Business Owner Tax Support

Understand how business income and expenses can flow through to an individual's tax return.

Review business-related information provided by business-owner clients and identify items requiring additional review.

Support tax preparation involving Schedule C and other business-related schedules, under the guidance of senior tax professionals.

Escalate complex business-owner tax matters, entity-level filings, and situations involving multiple entities to senior preparers.

• Individual Tax Return vs. Business Owner Tax Return

Aspect

Individual Tax Return

Business Owner Tax Return

Primary Form Form 1040

Schedule C, Form 1120, Form 1120-S

Income Reported

Wages, investments, rental income, interest, dividends, etc.

Business profits, losses, expenses, and other business-related income

Tax Treatment

Generally subject to progressive individual tax rates

Depends on the business structure; pass-through taxation or corporate taxation may apply

Deductions

Standard or itemized deductions, such as eligible mortgage interest and medical expenses

Business expenses such as rent, salaries, depreciation, and other eligible operating expenses

Complexity Moderate

Generally higher due to entity structure, business transactions, and additional filings

Key Consideration

Accuracy of individual income, deductions, credits, and filing status

Correct treatment of business income, expenses, entity structure, and related individual tax implications

Client Communication & Advisory Support

Communicate with U.S.-based clients to request missing documentation and clarify tax-related information.

Explain basic tax concepts, filing requirements, and next steps in clear and professional language.

Support Account Managers and senior tax preparers by identifying and escalating complex situations.

Respond to client queries promptly and professionally throughout the tax preparation process.

Compliance & Quality Control

Review each return for accuracy, completeness, and consistency before senior sign-off.

Stay informed about relevant IRS and state tax law changes affecting individual taxpayers.

Maintain accurate, organized, and audit-ready documentation.

Follow established tax preparation processes, quality standards, and data confidentiality requirements.

Continuous Learning & Team Contribution

Participate in ongoing training related to U.S. tax laws, tax software, and internal processes.

Develop knowledge of individual taxation and gradually take ownership of more complex returns.

Contribute ideas to improve tax preparation processes and turnaround times without compromising accuracy.

Support increased return volumes during the U.S. tax season, particularly from January through April.

Qualifications

Bachelor's degree in Accounting, Finance, Taxation, or a related field.

3+ years of experience in U.S. individual tax preparation or relevant U.S. tax/accounting experience.

Hands-on experience with Form 1040 and related schedules.

Familiarity with W-2s, 1099s, deductions, credits, and individual tax documentation.

Working knowledge of individual tax preparation software; experience with platforms such as Drake, ProSeries, UltraTax, Lacerte, TaxAct, or similar software is preferred.

Basic understanding of business-owner tax returns and schedules such as Schedule C is preferred.

Strong analytical, organizational, and attention-to-detail skills.

Ability to identify discrepancies and errors before they become client-facing.

Strong written and verbal communication skills, with the ability to communicate effectively with U.S.-based clients.

Ability to work extended hours during the U.S. tax season and maintain required U.S. time-zone overlap when needed.

Comfortable working collaboratively with U.S.-based Account Managers, senior tax professionals, and clients.

Preferred Skills

Experience handling U.S. individual tax returns independently or under senior supervision.

Exposure to multi-state individual tax returns.

Experience with self-employment income and Schedule C.

Knowledge of U.S. federal and state individual taxation.

Experience working with U.S. clients or U.S.-based accounting/tax teams.

Strong proficiency in Excel and tax preparation software.

Work Location

Hyderabad – Nanakramguda, Financial distrcit

Employment Type

Full-Time

Experience

5+ Years

Domain

U.S. Tax / Financial Services

Pay

₹1,200,000.00 - ₹1,500,000.00 per year

Benefits

Provident Fund

Work Location

In person