Job Description of US Accounting & Taxation Responsibilities for Accounting Analyze transactions in bank statements, get clarifications from clients on nature of transactions and post them in QuickBooks Review accounting maintained by clients, suggest changes/appropriate GL accounts, help clients set up chart of accounts. Prepare monthly trial balance and finalize the accounts Process payroll, monitor US federal and state statutory compliance related to payroll Speak with prospects for accounting/bookkeeping assignments and undertake business development activities concerning accounting/bookkeeping Candidates with relevant experience in QuickBooks Should have Knowledge of 1041 form & 1044 Form Responsibilities for Taxation & Accounting Prepare tax payments Estimate and track tax returns Complete quarterly and annual tax reports Organize and update the companys tax database Recommend tax strategies that align with business goals Prepare necessary paperwork for tax payments and returns Share financial data with the accounting department Identify tax savings and suggest ways to increase profits Follow industry trends and track changes related to taxes Liaise with internal and external auditors Forecast tax predictions to senior managers Requirements Proven work experience as a Account /Tax Accountant /Tax Analyst or Tax Preparer Knowledge of accounting and bookkeeping procedures Familiarity with accounting knowledge Computer literacy (MS Excel in particular) Good analytical and time management skills