DBSync Accountant - US Tax Compliance & Corporate Finance

About UsAt DBSync we provide the opportunity to use technology that creates innovative and next generation data integration products which helps our employees to cultivate their creativity and sense of belonging. DBSync is a leading provider for data integration and Data warehousing services for both cloud/SAAS-based-on-demand applications. We were incubated by Salesforce.com (as a part of Avankia), before getting spunned off as a separate company. DBSync provides data integration as a SaaS-based, Standalone or hosted integration at a competitive price with a plethora of benefits for business users.Our main motto is to provide a strong foundation for businesses in solving complex problems and automating their workflows while acting as a pillar of support for all their data integrations needs. At DBSync we encourage innovation and creativity and our team is diverse, consisting of a nice mix of cultural blends. We are a family where each talent is recognised and honed for the best of the individual and the company as a whole. We maintain a very professional, learn and excel vision with a hint of a start-up-like environment making each individual feel important and responsible with an equal opportunity to grow to the skys limit!If you have a spirit of enthusiasm to grow beyond horizons, a determination to work hard, confidence to achieve success and influence future visions and products and be a successful part of the next gen trend, DBSync is the place for you!Our Value System We genuinely careWe do not waste time on manual or mundane taskWe have a fun environmentWe own itWe are experts on what we doWe win togetherDBSync has been:We have been rated 4.7 / 5 on G2. We have got around 125 reviews in 2023.Based on the reviews G2 has awarded DBSync following badges.Best Relationship Winter 2024Leader Americas Winter 2024Best Results Winter 2024Best Usability Winter 2024About the role:We are seeking a highly motivated and experienced Accountant with a unique blend of US tax compliance expertise and analytical skills in the SaaS industry to join our growing finance team in Bengaluru. This role will be crucial in managing our US tax compliance function and contributing to our understanding of key SaaS performance metrics. The ideal candidate will have 3 to 5 years of relevant experience, a strong understanding of US tax regulations, and the ability to analyze and report on SaaS KPIs.Roles and Responsibilities:US Tax Compliance Management:Manage the preparation and processing of Form W9 and Form 1099, ensuring accuracy and timely filing.Oversee the calculation, filing, and reconciliation of sales tax for all US states, staying updated on varying state regulations and ensuring compliance.Manage the processing of US payroll tax, including understanding federal and state requirements, handling related filings, and ensuring compliance.Oversee the preparation and filing of US unemployment tax returns.Take ownership of gathering information and preparing schedules for US corporate annual filings (e.g., Form 1120).Manage state tax filings, ensuring timely and accurate submissions.Stay updated on relevant US tax regulations and compliance requirements across various jurisdictions and implement necessary changes.SaaS KPI Analysis & Reporting:Assist in identifying and tracking key SaaS performance indicators (KPIs) such as Monthly Recurring Revenue (MRR), Annual Recurring Revenue (ARR), Customer Lifetime Value (CLTV), Customer Acquisition Cost (CAC), Churn Rate, etc.Gather and validate data from various sources to accurately calculate SaaS KPIs.Assist in the development and maintenance of dashboards to visualize SaaS KPI trends and performance.Analyze SaaS KPI data to identify trends, opportunities, and potential risks.Prepare reports and presentations on SaaS KPI performance for management review.Collaborate with other departments (Sales, Marketing, Customer Success) to understand the drivers behind SaaS performance.Accounts Receivable (AR):Oversee the processing of invoices and credit memos accurately and efficiently.Monitor customer accounts, manage follow-up on outstanding payments, and oversee collections efforts.Reconcile AR balances, investigate discrepancies, and implement corrective actions.Ensure accurate and organized AR records are maintained.Accounts Payable (AP):Oversee the processing of vendor invoices and payment requests.Ensure invoice accuracy, proper approvals are obtained, and timely payments are made.Reconcile AP statements, resolve vendor inquiries, and maintain strong vendor relationships.Ensure accurate and organized AP records are maintained.Management Information Systems (MIS) Reporting:Prepare and analyze regular and ad-hoc MIS reports as required, potentially including SaaS-related metrics.Gather and compile data from various sources, ensuring accuracy and completeness for reporting purposes.Ensure the accuracy, timeliness, and insightful nature of MIS reports.General Accounting Support:Participate in month-end and year-end closing processes.Prepare journal entries, reconciliations, and financial statements as assigned.Maintain organized accounting records and documentation in compliance with regulations.Assist with audits and other financial reviews, providing necessary documentation and support.Perform other accounting duties as assigned by the Senior Accountant or Accounting Manager.Skills and Qualifications:Bachelors degree in Accounting, Finance, or a related field.3 to 5 years of relevant accounting experience with a strong focus on US tax compliance.Solid understanding of accounting principles and practices (US GAAP preferred).Proven experience with US tax concepts, including W9 and 1099.Demonstrated experience in managing US payroll tax regulations and processes.Significant experience in handling multi-state sales tax compliance.Experience in preparing or supporting US corporate income tax filings.Experience in analyzing and reporting on SaaS KPIs (MRR, ARR, CLTV, CAC, Churn, etc.).Familiarity with dashboarding tools (e.g., Excel, Google Sheets, Tableau, Power BI) is a plus.Proficiency with accounting software and MS Office Suite, especially advanced Excel skills.Strong analytical and problem-solving skills with the ability to interpret financial data and tax regulations.Excellent attention to detail and accuracy, with a commitment to producing high-quality work.Strong communication and interpersonal skills, with the ability to interact effectively with colleagues and external parties.Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.Willingness to work flexible hours occasionally to accommodate US time zone requirements.Experience with specific accounting software used for US tax compliance and payroll processing (e.g., Avalara, Trinet,ADP,).CPA certification or equivalent is a plus.In-depth knowledge of sales tax laws and regulations across multiple US states.Experience with tax research and planning.Familiarity with SaaS business models and metrics.Experience building and maintaining financial dashboards.Work Shift: 01:30 PM IST to 10:30 PM ISTJob location: Bangalore (Remote)For more information about DBSync, visit www.mydbsync.com.Video:https://www.youtube.com/playlistlistPLJzycdoERLoekPWNkXEsuih807TQAEnnB