Record to Report Ops Associate

Skill required: Record to Report- Tax - Tax Process Design Designation: Record to Report Ops Associate Qualifications:Any Graduation Years of Experience:1 to 3 years About Accenture Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com What would you do? 1. Prepare and submit accurate 1099 forms for vendors, contractors, and other non-employee entities, ensuring compliance with IRS regulations. 2. Review and reconcile financial data to ensure accuracy in 1099 reporting. 3. Stay updated on changes in tax laws and regulations related to 1099 reporting and incorporate these changes into company processes and procedures. 4. Assist with year-end tax reporting processes, including issuing and distributing 1099 forms to recipients and filing with the appropriate tax authorities. Record to Report (R2R) - Tax involves managing financial records to ensure compliance with tax regulations. This role includes collecting and processing financial data, preparing tax returns, and ensuring timely tax payments. It also involves conducting tax audits and providing accurate tax reports to authorities. The goal is to ensure the organization meets all tax obligations and avoids penalties. Design and implement processes for direct Tax/income tax. Includes direct tax/income tax planning, income tax accounting, income tax compliance and income tax audit. What are we looking for? The person should have good accounting knowledge and has prior experience in US Taxation. Prior experience in Insurance Industries. •1. Good Analytical Skill 2. Good Communication Skill 3. Advance Excel knowledge 4. Skill in identifying operational inefficiencies and developing innovative solutions Roles and Responsibilities: •1. Prepare and submit accurate 1099 forms for vendors, contractors, and other non-employee entities, ensuring compliance with IRS regulations. 2. Review and reconcile financial data to ensure accuracy in 1099 reporting. 3. Stay updated on changes in tax laws and regulations related to 1099 reporting and incorporate these changes into company processes and procedures. 4. Assist with year-end tax reporting processes, including issuing and distributing 1099 forms to recipients and filing with the appropriate tax authorities. Any Graduation Important Notice We have been alerted to the existence of fraudulent messages asking job seekers to set up payment to cover various costs associated with establishing employment at Accenture. No one is ever required to pay for employment at Accenture. If you are contacted by someone asking for payment, please do not respond, and contact us at india.fc.check@accenture.com immediately. Equal Employment Opportunity Statement All employment decisions shall be made without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by federal, state, or local law. Please read Accenture’s Recruiting and Hiring Statement for more information on how we process your data during the Recruiting and Hiring process.