OverviewThe Senior Income Tax Analyst is responsible for supporting the Company's federal, state, and local income tax compliance and tax accounting functions. This role works independently on complex tax matters, contributes to quarterly and annual income tax provisions, prepares and reviews tax calculations, and partners with business and finance teams to ensure accurate reporting and compliance. The Senior Tax Analyst is expected to identify process improvements, perform technical research, and provide guidance on tax-related matters affecting the organization.
Responsibilities
Income Tax Compliance
- Prepare and review federal, state, and local income tax returns and related workpapers for assigned entities.
- Ensure timely and accurate filing of income tax returns, extensions, and estimated tax payments.
- Analyze tax return data, book-to-tax adjustments, apportionment, and state modification calculations.
- Monitor changes in tax laws and assess impacts on compliance and reporting requirements.
- Coordinate with external advisors and tax authorities as needed.
Tax Accounting and Reporting
- Prepare and support quarterly and annual income tax provisions in accordance with ASC 740.
- Calculate current and deferred income taxes, effective tax rates, and supporting tax account reconciliations.
- Analyze tax balances and reconcile income tax-related general ledger accounts.
- Assist with the preparation of tax disclosures for financial statements and supporting audit documentation.
Fixed Assets
- Manage tax depreciation calculations and fixed asset tax reporting.
- Prepare annual tax fixed asset rollforwards and reconcile tax basis assets to the general ledger.
Tax Research and Planning
- Conduct technical tax research and prepare written documentation of conclusions and recommendations.
- Analyze the tax implications of business transactions, acquisitions, restructurings, and other strategic initiatives.
- Assist management with tax planning projects designed to optimize the Company's tax position.
Audits and Controversy
- Coordinate responses to federal, state, and local tax notices.
- Compile documentation and support tax audits, examinations, and information requests.
- Research audit issues and prepare responses for management review.
Process Improvement and Collaboration
- Identify opportunities to improve tax processes, controls, and automation.
- Collaborate with Accounting, Finance, Treasury, Payroll, and external service providers to ensure accurate tax reporting.
- Provide mentorship and technical guidance to less experienced tax staff when appropriate.
- Participate in special projects and other assignments as requested.
Qualifications
Education
- Bachelor's degree in Accounting, Finance, or a related field required.
- CPA certification or active pursuit of CPA preferred.
Experience
- 4-7+ years of corporate income tax, public accounting, or related tax experience.
- Experience preparing and reviewing multi-state income tax returns.
- Experience with ASC 740 tax accounting and provision preparation.
- Experience supporting income tax audits and responding to tax notices.
Knowledge, Skills, and Abilities
- Strong understanding of federal and state income taxation principles.
- Demonstrated analytical, problem-solving, and critical-thinking abilities.
- Ability to perform technical tax research and communicate conclusions effectively.
- Strong project management and organizational skills with the ability to manage multiple priorities and deadlines.
- Advanced Microsoft Excel skills; experience with tax compliance and provision software preferred.
- Excellent written and verbal communication skills.
