Tax Accountant IV
Spectraforce
Houston, Texas
3 hours ago
Job Description
Job Title-Tax Accountant IV
Duration- 07 months
Location-Houston, TX 77079
Description:
High-Level Description
• To support the Company US Tax Department by complying with federal, state, and local tax laws, maintaining tax processes that maximize efficiency, and performing tax analysis necessary to reduce the present value of Company tax payments. Primary focus is on the tax compliance but will also include other U.S. Income Tax reporting responsibilities.
Specific Accountabilities
• Prepare federal corporate and partnership income tax returns.
• Prepare foreign information tax returns.
• Assist with Subpart F and GILTI calculation.
• Prepare separate and combined state income tax and franchise tax returns for multiple corporate entities and partnerships.
• Assist with preparation and review of state apportionment calculations.
• Participate in federal and state estimated income and franchise tax calculations.
• Work with tax depreciation system to calculate tax depreciation and other property related tax adjustments.
• Participates in recognizing and implementing new processes and technology to streamline current processes.
• Assists the Income Tax team in preparation and review of the consolidated income tax return ensuring proper workflow and due dates are met.
• Review of tax legislation, rules and regulations, including identification of issues impacting the Company.
• Participates in the state effective tax rate computations used in provision process, state tax true-ups and federal tax true-ups, ensuring proper workflow and due dates are met.
• Interface with Company’s accounting systems, including Oracle Cloud and HFM, to analyze financial data and ensure tax compliance.
• Prepare tax basis balance sheet reconciliations to ensure accurate reporting.
• Develop tax workpapers that are audit-ready and support the company’s tax positions. Maintain records in the Income Tax SharePoint site.
• Participate in the e-filing process for federal and state income tax returns.
Other Accountabilities
• Assist in other non-specific tax activities as needed
Scope/Dimensions
• This position requires an experienced U.S. tax person who is driven by solving problems and focuses on technical challenges.
• Provides tax technical support to a complex U.S./Canadian sandwich structure and assists in ensuring that income tax compliance deadlines are met.
• This position requires strong communication skills; including strong researching, writing and summarizing competencies and the ability to translate for non-tax personnel.
Contacts (Working Relationships)
• Reports directly to Tax Manager
• Interacts with staff in other entities and within the U.S. accounting and regulatory departments.
• Interacts with external stakeholders.
• Provides technical support and mentorship to other Tax team members.
Knowledge, Skills & Abilities
Required:
• University graduate of Business Administration or a related discipline.
• Certified Public Accountant designation and/or graduate degree preferred.
• At least 7 years of progressively responsible experience in income tax preferably in the energy industry.
• Knowledge of federal, foreign and state income taxes.
• Understanding of Tax Accounting.
• Strong Excel, Word, oral, and written communication skills.
• Working knowledge of Corptax, tax research tools and BNA / Lucasys fixed asset software preferred.
• Strong analytical skills.
At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position’s starting pay is: $ 68.12/daily.
Duration- 07 months
Location-Houston, TX 77079
Description:
High-Level Description
• To support the Company US Tax Department by complying with federal, state, and local tax laws, maintaining tax processes that maximize efficiency, and performing tax analysis necessary to reduce the present value of Company tax payments. Primary focus is on the tax compliance but will also include other U.S. Income Tax reporting responsibilities.
Specific Accountabilities
• Prepare federal corporate and partnership income tax returns.
• Prepare foreign information tax returns.
• Assist with Subpart F and GILTI calculation.
• Prepare separate and combined state income tax and franchise tax returns for multiple corporate entities and partnerships.
• Assist with preparation and review of state apportionment calculations.
• Participate in federal and state estimated income and franchise tax calculations.
• Work with tax depreciation system to calculate tax depreciation and other property related tax adjustments.
• Participates in recognizing and implementing new processes and technology to streamline current processes.
• Assists the Income Tax team in preparation and review of the consolidated income tax return ensuring proper workflow and due dates are met.
• Review of tax legislation, rules and regulations, including identification of issues impacting the Company.
• Participates in the state effective tax rate computations used in provision process, state tax true-ups and federal tax true-ups, ensuring proper workflow and due dates are met.
• Interface with Company’s accounting systems, including Oracle Cloud and HFM, to analyze financial data and ensure tax compliance.
• Prepare tax basis balance sheet reconciliations to ensure accurate reporting.
• Develop tax workpapers that are audit-ready and support the company’s tax positions. Maintain records in the Income Tax SharePoint site.
• Participate in the e-filing process for federal and state income tax returns.
Other Accountabilities
• Assist in other non-specific tax activities as needed
Scope/Dimensions
• This position requires an experienced U.S. tax person who is driven by solving problems and focuses on technical challenges.
• Provides tax technical support to a complex U.S./Canadian sandwich structure and assists in ensuring that income tax compliance deadlines are met.
• This position requires strong communication skills; including strong researching, writing and summarizing competencies and the ability to translate for non-tax personnel.
Contacts (Working Relationships)
• Reports directly to Tax Manager
• Interacts with staff in other entities and within the U.S. accounting and regulatory departments.
• Interacts with external stakeholders.
• Provides technical support and mentorship to other Tax team members.
Knowledge, Skills & Abilities
Required:
• University graduate of Business Administration or a related discipline.
• Certified Public Accountant designation and/or graduate degree preferred.
• At least 7 years of progressively responsible experience in income tax preferably in the energy industry.
• Knowledge of federal, foreign and state income taxes.
• Understanding of Tax Accounting.
• Strong Excel, Word, oral, and written communication skills.
• Working knowledge of Corptax, tax research tools and BNA / Lucasys fixed asset software preferred.
• Strong analytical skills.
Applicant Notices & Disclaimers
- For information on benefits, equal opportunity employment, and location-specific applicant notices, click here
At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position’s starting pay is: $ 68.12/daily.