ChicagoRecruiter Since 2001
the smart solution for Chicago jobs

Senior Tax Accountant II-Transaction Tax Compliance

Company: Permanent Placement Recruited Through DMD Consulti
Location: Chicago
Posted on: November 23, 2021

Job Description:

Overview/SummaryTransaction Tax ComplianceResponsible for complex activities relating to transaction taxes and the maintenance of a complete and accurate general ledger and the resultant managerial reports and financial statements. This position is responsible for continually monitoring the financial control processes and ensuring that tax and accounting transactions are executed in accordance with tax laws and established standards of internal control. This position is a seasoned, experienced professional.Essential Duties and Key ResponsibilitiesSpecific ResponsibilitiesResponsible for accurate, complete month-end financial statement close that conforms to accounting and procedural standards including journal entry preparation, balance sheet account reconciliations, analytics and validation of assumptions and calculations.Perform monthly compliance processes, including but not limited to the preparation of complex calculations of tax amounts sent to third party out-sourcing vendor.Prepare analysis of tax expenses for month-end accounting close review including the creation and maintenance of operational metrics for key processes.Uses experience and technical expertise to improve and streamline analysis, reporting, processes and compliance systems.Fully understand the sources of the tax return supporting documentation and reporting process including the flow of transaction taxes from the source documents, to the tax reports used for filing purposes, to the tax accrual accounts to ensure accuracy of information sent to third party out-sourcing vendor.Reviews and maintains process maps & documentation for key processes.Ensure that proper internal controls over the tax compliance process are in place and are tested on a routine basis, in accordance with Sarbanes-Oxley.Provide functional advice or training to less-experienced associates.Ensure front-line associates receive timely and accurate responses and resolutions to customer tax issues.Assists with annual financial statement audit including audit schedule preparation and responding to audit inquiries.Manages workload effectively and efficiently by prioritizing responsibilities. Position requires minimal supervision.Principal Working RelationshipsTax department members and all finance/controlling associates, as well as legal and other company functional department personnel.Federal, State and local taxing authorities, external auditors, State regulatory agencies and outside consultants.Financial Responsibility/ImpactImpacts the payment of sales and use taxes on sales of over $4 billion through timely and accurate compilation and /or filing documents.Minimum Experience and Educational RequirementsEducation/Experience5+ years experience in transaction tax, finance or accounting preferred.Bachelor's degree in Accounting, CPA a plus.Prior state & local tax compliance audit public accounting or telecommunications industry experience is strongly preferred.SkillsExcellent interpersonal and communication skills - ability to establish and maintain professional productive relationships.Excellent analytical, organizational, project management and planning skills and ability to meet highly detailed reporting requirements.Excellent computer skills and proficiency in Microsoft products, particularly in Excel, including the ability to perform pivot tables, VLOOKUP and high-level functions and formulas.Ability to balance assigned tasks, impromptu inquiries, and projects and efficiently utilize time.Experience with SAP and Vertex's CommTax is a plus.Strong writing and documentation skills.Organizational StructureReports to: Manager of Transaction Tax Information and SystemsExperience:Tax: 5 years (Required)

Keywords: Permanent Placement Recruited Through DMD Consulti, Chicago , Senior Tax Accountant II-Transaction Tax Compliance, Accounting, Auditing , Chicago, Illinois

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Log In or Create An Account

Get the latest Illinois jobs by following @recnetIL on Twitter!

Chicago RSS job feeds