Tax Accountant II

CORPORATE TAX ACCOUNTANT II

POSITION OBJECTIVEThe Corporate Tax Accountant II is responsible for preparing and managing federal and state tax compliance activities for multiple company entities. This role analyzes financial records, computes taxes owed in accordance with applicable laws and regulations, and utilizes tax software to prepare and file returns accurately and timely. The position also advises management on the tax implications of business activities and identifies strategies to minimize tax liabilities while ensuring compliance with all tax reporting and payment requirements. In addition, this role supports IRS and state tax audits by providing documentation, responding to inquiries, and assisting throughout the audit process.MAJOR AREAS OF ACCOUNTABILITY

Tax Return Preparation and FilingPrepare and file Federal Corporation/Partnership Tax Returns and State Income/Franchise Tax Returns for several entities in different States. Resolve any technical and e-filing problems related to the tax software.Tax Analysis and Financial ReviewReview financial records and communicate with accounting department and top management to understand the companies business activities so as to analyze the tax impact on these transactions. Compile business data from each plant for tax apportionment & allocation.Audit Support and Tax Authority CommunicationProvide information and respond to Federal and State tax auditors. Collect audit required documentation from accounting department and other plants and explain the Company's business activities and transactions to the auditors to help smooth the audit process. Respond to the IRS and State notices regarding any tax discrepancies.Tax Provision and Financial Reporting CompliancePerform annual tax provisions, true-up and tax disclosures in financial reports to ensure compliance of FAS 109 and FIN 48. Prepare supporting documentation for all the tax adjustment and evaluate and compute the tax liabilities/ benefits caused by the IRS and State audits for financial disclosure.Tax Research and PlanningConduct research on tax savings projects. Regularly monitor Federal and State tax regulation changes and inform the top management any possibilities of tax savings. Compose recommendation letter and report to the top management to analyze tax effect under different scenarios.International Tax CompliancePerform international tax calculation, such as Global Intangible Low-Taxed Income (GILTI), Foreign-Derived Intangible Income (FDII), and Section 163(j).

QUALIFICATIONS

Preferred: 5-7 years of experience in corporate taxationExperience preparing corporate and partnership tax returns, including state income and franchise tax returnsKnowledge of year-end tax provisions and Schedule M-3 adjustmentsExperience with international tax concepts, including GILTI, FDII, and Section 163(j)Strong research, analytical, and tax analysis skillsProficient in Microsoft Office applications, particularly Excel and WordExcellent verbal and written communication skillsBachelor's degree in Accounting, Taxation, or a related field requiredCPA certification and/or Master's degree preferred, but not required