Provision- ASC 740- Tax Assistant Manager

Spectral Consultants is currently hiring for a Tax Assistant Manager – ASC 740 (Provision) for one of the US-based Top 10 accounting and tax advisory firms.

Overall Experience : 5–7 years | Relevant ASC 740 Experience : 3–4 years | Location : Bengaluru

Work Mode : Hybrid

Role Overview

The ASC 740 Assistant Manager will prepare and review corporate tax provisions and returns aligned with ASC 740 and U.S. federal, state, and local tax regulations. The role involves supporting multiple client engagements, driving quality, and mentoring junior staff.

Key Responsibilities

Prepare year-end corporate tax provision calculations under ASC 740

Compute current & deferred tax adjustments and Effective Tax Rate (ETR)

Prepare and perform first-level review of Form 1120 (Federal, State & Local)

Ensure timely and high-quality deliverables

Manage multiple client engagements simultaneously

Conduct tax research and stay updated with regulatory and industry updates

Supervise and mentor associates / interns with structured feedback

Encourage a collaborative and effective team environment

Apply sound judgment when preparing and reviewing tax returns

Present tax findings and recommendations to managers and stakeholders

Qualifications

4–5 years of experience in U.S. corporate tax, ASC 740 compliance, and federal / state regulations

Bachelor’s in Accounting / Finance or MBA (Finance) ; CPA / EA preferred

Strong experience with ASC 740 provisions, including complex scenarios and special projects

Excellent written and verbal communication skills

Strong attention to detail and accuracy in tax documentation

Ability to analyze financial data and identify tax-saving opportunities

Team-oriented with strong coaching and interpersonal abilities

Knowledge of tax software ( GoSystem, OneSource Income Tax, CCH Axcess, CaseWare, Bloomberg ) preferred

Proficiency in MS Excel and MS Office