Senior Tax Analyst
Job Summary - a concise overview of the job
The Senior Tax Analyst will assist in the preparation, review, and filing of the company’s U.S. federal, state, and franchise tax returns. This role will have responsibilities including, but not limited to, the preparation and management of the estimated and extension process, developing the responses to tax notices and tax audits, and calculation of the U.S. provision to return.
This position will also be responsible for the preparation and review of certain aspects of the company’s global tax provision in accordance with ASC 740, Accounting for Income Tax. Responsibilities for the ASC 740 will include but are not limited to, the preparation and review of quarterly tax provisions prepared according to APB 28 and FIN 18, as well as related Form 10Q disclosures, and the year-end tax provision, and related Form 10K disclosures.
All incumbents are responsible for following applicable Division & Company policies and procedures.
Scope of Authority - span of control (work unit, site, department, division, etc.), monetary value of budget/spend authority ( capital, operating, etc.), P&L responsibility, etc.
Work unit, site. Some budget spending authority and P&L responsibility.
Key Accountabilities - key outcomes/deliverables, the major responsibilities, and % of time
% of Time
§ Prepare and review federal and state income tax returns.
§ Work to identify opportunities for process and automation improvements and help develop and implement the improvements.
§ Coordinate and manage the Federal and State income tax calendars, estimated tax payments, and quarterly reporting of cash taxes.
§ Analyze the facts and circumstances of significant book transactions and determine applicable tax treatment in accordance with the relevant tax authority.
§ Assist in managing third-party providers for indirect tax filings requests.
§ Prepare current and deferred tax provision calculations on a quarterly and annual basis for assigned companies.
§ Prepare cash tax forecasts.
§ Prepare the provision to return true-up calculations.
§ Review and maintain the deferred tax roll forward of gross and tax affected temporary differences in Onesource Tax Provision software.
§ Assist in the calculation of the effective tax rate on a consolidated and separate company basis.
§ Prepare tax provision journal entries.
§ Prepare and/or review of tax footnote and tax disclosures supporting schedules for Form 10K annually.
§ Prepare an estimate of the research and development credit.
§ Assist with federal and state income tax planning to drive strategies for cash tax savings and effective tax rate reductions.
§ Assist with foreign transfer pricing as directed.
§ Responsible for tax account roll forwards.
§ Responsible for the current tax payable proof.
§ Assist in the development of other team members.
Education & Experience
Minimal acceptable level of education, work experience and certifications required for the job
§ BA/BS in Accounting.
§ CPA or MS in taxation preferred.
§ 2 to 4 years of progressive tax experience in a Big Four/national CPA firm, and/or a large multi-state corporation, including ASC 740 (formerly FAS 109) experience as well as federal and state income and franchise tax experience.
§ Other accounting and auditing experience is a plus.
§ Alteryx experience is a plus.
Proficiency in a body of information required for the job
e.g. knowledge of FDA regulations, GMP/GLP/GCP, Lean Manufacturing, Six-Sigma, etc.
§ Knowledge of ASC 740.
§ Knowledge of U.S. GAAP.
§ Federal consolidated and Multi-State Income and Franchise Tax Compliance.
§ International tax is a plus.
§ Transfer pricing knowledge is a plus.
§ Indirect tax knowledge is a plus.
Often referred to as “competencies”, leadership attributes, skills, abilities or behaviors that may be enterprise, functional or job specific e.g. coaching, negotiation, calibration, technical writing etc.
§ Strong organizational skills with the ability to prioritize and balance requests from within the company in a fast-paced, dynamic environment.
§ Sound business judgment and decision making abilities.
§ Solid research abilities and experience with tax research software such as RIA, CCH, and/or BNA, etc.
§ Strong computer literacy with MS Office.
§ Knowledge and experience with SAP, OneStream, and ONESOURCE Tax Provision and Compliance a plus.
§ Demonstrated interpersonal skills to work with outside auditors and communicate effectively with Company tax and non-tax personnel, supported by a high level of integrity and professionalism.
§ Ability to work in a team environment and build cross functional relationships.
§ Excellent written and verbal communication skills.
Physical & mental requirements e.g. lift 40 pounds, walk across plant/warehouse, business travel (% of time), driving as part of work responsibilities, etc.
§ Sitting for long period of time viewing computer terminal while performing some of the essential functions of the position.