TAX ACCOUNTANT II

Tax Accountant II This Tax Accountant II position exists to perform the tax compliance work, Federal and State, for several entities of the Company. Examines accounts and records and computes taxes owed according to prescribed rates, laws, and regulations, using tax software. Advises management regarding effects of business activities on taxes, and on strategies for minimizing tax liability. Ensures that the entities comply with periodic tax payment, information reporting, and other taxing authority requirements. This position will respond and provide required documentation to the IRS and State auditors to assist the audit process. Major areas of accountability include: Prepare 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. Review 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. Provide 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. Perform 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. Conduct 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. Perform international tax calculation, such as Global Intangible Low-Taxed Income (GILTI), Foreign-Derived Intangible Income (FDII), and Section 163(j). Qualifications include: Preferred: 5-7 years of experience in accounting or taxation Efficient use and application of Microsoft Office Word and Excel Good communication skills both in oral and writing Ability to conduct research and perform tax analysis B.S. in Accounting or Taxation