Utilization and management of OneSource Income Tax (“OIT”) for International, to prepare client forms 5471, 8858 and 8865 (and all schedules) including:
Creation of international entity structures for multinational entities that include foreign corporations, disregarded entities and partnerships
Binder use and management, including consolidations (ie: “DivCon’s”) and similar
Importing (including bulk import) and entry of trial balances and key attributes from various sources
Creation and use of charts for sourcing and key calculations
Using OIT functionality to complete key calculations including Subpart F and GILTI
Other functions, tools and options within OIT
Creation of .xml hand-off’s
Roll-forward to successive years
Best practices
Also need individual to be a resource for team and assist with issue identification, analysis and remedy
Actively involved in designing and presenting training sessions to other OIT users – including for new functionalities as made available
Actively involved in creation of internal tools and reference aids for OIT International
Qualifications & Experience
6+ years’ experience with OneSource Income Tax (“OIT”) for International
CPA/CA or Enrolled Agent will be mandatory
Bachelor’s degree in accounting or equivalent field