Senior Analyst: R&D Tax Credit

Job Description

U.S. Federal and State R&D Tax Credit

Years of experience: 2+ Years

Location: Hyderabad

Key Responsibilities:

• Support the preparation and delivery of U.S. Federal and State R&D Tax Credit claims.
• Analyze tax returns, financial data, payroll records, expenditure schedules, and time-tracking information to identify Qualified Research Expenses (QREs).
• Review client documentation and support evidence to assess qualifying R&D activities under applicable tax regulations.
• Prepare technical narratives, supporting reports, workpapers, and claim documentation.
• Review federal and state tax returns to assess credit utilization, carryforwards, payroll tax offset eligibility, and overall tax benefit realization.
• Conduct interviews and information-gathering sessions with client personnel, including engineering, software development, manufacturing, and management teams.
• Stay current with R&D tax credit legislation, IRS guidance, and industry developments.
• Collaborate with internal teams and clients to ensure timely delivery of engagements.
• Maintain high standards of quality, accuracy, professionalism, confidentiality, and client service while adhering to internal policies and procedures.

Requirements:

• 4+ years of experience in:
• U.S. Federal and State R&D Tax Credits
• R&D Tax Consulting or related advisory services
• Experience preparing or supporting R&D tax credit claims and technical documentation.
• Knowledge of Forms 6765, 1120, 1120S, 1065, Schedule K-1, and related tax concepts.
• Experience in handling tax audits, enquiries, reviews, and claim substantiation would be an added advantage.

Skills

• Strong analytical and problem-solving abilities.
• Excellent written and verbal English communication skills.
• Strong report writing and documentation skills.
• Proficiency in:
• Microsoft Excel
• Microsoft Word
• Microsoft PowerPoint
• Strong organizational skills with the ability to manage multiple priorities and deadlines.
• Ability to work independently and collaboratively in a global team environment.