Tax Accountant II
The Tax Accountant II is primarily responsible for provision and compliance preparation for federal and separate state jurisdictions. This position will liaise with all business departments within the company required for information gathering for these and other responsibilities. This position will also be responsible for estimated payment and extension processing, notice responses and tracking and assist the department with various tax projects and other needs. The Tax Accountant II will also compile and communicate data for consolidated states with the team responsible for consolidations.
• Prepare tax returns for federal and state income taxes, state franchise tax, and city net profit taxes.
• Assist in the preparation of quarterly and annual income tax provisions and related financial statement disclosures in accordance with FAS 109 and FIN 48.
• Utilize online tax research services to reach conclusions about newly explored business opportunities
• Calculate and prepare state estimates and extensions.
• Organize and maintain return work papers, including: calculating book to tax differences and preparing state apportionment work papers.
• Adhere to policies and procedures to ensure proper filing of tax returns and compliance with Sarbanes-Oxley.
• Compile information and supporting documentation to satisfy information document requests issued by state tax auditors.
• Monitor changes in tax legislation, update management and team about discovered modifications, and initiate alterations to comply with authoritative requirements.
• Propose strategies for minimizing tax liabilities.
• Resolve tax assessments and/or notices through written and verbal communication with state and local tax representatives.
• Maintain notice activity relative to incoming notices and active notice balances.
Education & Experience
• Bachelor’s degree in Accounting required; CPA a plus.
• 2+ years’ federal and multi-state income / franchise tax experience preferred.
Knowledge, Skills & Abilities
• Ability to organize, problem-solve, and execute multiple tasks and priorities.
• Ability to work under tight reporting deadlines as a team player and independently.
• Proficient in Microsoft Excel, Word, and Access.
• Excellent oral and written communication skills.
• OneSource and/or Corptax software experience, a plus
• Minimal to no business travel required.
Sedentary work involves remaining in a stationary position most of the time in front of a computer, using a keyboard, mouse and telephone. Regularly operate a computer and other office equipment. Occasionally move about the work site to access file cabinets, office equipment, etc. Exert up to 10 lbs. of force occasionally, and/or a negligible amount of force frequently or regularly move objects. Communicate and exchange information with co-workers and other individuals in person and electronically.
This job description is not intended to be all-inclusive. Employee may perform other related duties as assigned to meet the ongoing needs of the organization.