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

Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 791,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities.

Visit us at www.accenture.com