Internal ID: 1702867
Under limited direction, uses specialized knowledge and skills in tax accounting and preparation obtained through education and experience to lead and manage a team of Corporate Tax Accountants. Prepares income tax provision in accordance with ASC 740 and ensure compliance with Internal Revenue Service (IRS) and state rules and regulations. Reviews separate and consolidated Federal and state income tax returns. Research tax ramifications of various financial transactions, analyze and reconcile tax provision accounts in accordance with ASC 740 and ASC 718 and assist with internal and external audit requests. Resolves and recommends solutions to complex problems. Regular contact with management and other internal customers is required to identify, research, and resolve accounting issues and problems.
Essential Duties and Responsibilities:
•Manages the financial statement tax accounting and tax compliance processes.
•Reviews the quarterly and annual tax provision under ASC 740 (FAS 109).
•Reviews separate and consolidated tax returns for various subsidiaries of the firm.
•Reviews credits, unremitted earnings, uncertain tax positions under ASC 740-10 (FIN 48) and stock based. compensation under ASC 718 (FAS 123R).
•Researches Federal and state tax matters as needed.
•Performs tax provision preparation, tax payable summaries and flux analysis.
•Manages, develops, trains and mentors other members of the tax department.
•Reviews documentations for footnote disclosures for 10-K/10Q reporting.
•Analyzes and reconciles tax accounts for unusual transactions or irregularities.
•Prepares information required by internal and external auditors.
•Identifies potential tax issues, performs research, and make recommendations to resolve tax issues.
•Assists Financial Reporting personnel with Basel III and Dodd-Frank Act Stress Test (DFAST) reporting requirements.
•Responds to Federal and state tax audits and notices.
•Performs human resource management activities including: identifying performance problems, taking remedial action, evaluating performance, and interviewing and selecting staff.
•Coaches and mentors staff members, identifies training needs and creates development plans.
•Performs other duties and responsibilities as assigned.
Knowledge, Skills, and Abilities:
•Tax accounting and reporting concepts, practices and procedures at an advanced level.
•ASC 740 and ASC 718 regulations.
•IRS and state tax compliance rules, regulations and filing requirements.
•Principles of banking, finance and securities industry operations.
•Efficient utilization of OneSource tax software suite, RIA Checkpoint, Oracle and Hyperion financial accounting and reporting software
•Operating standard office equipment and using required software application to produce correspondence, reports, electronic communication, spreadsheets, and databases
•Researching and interpreting IRS requirements
•General project management
•Preparing for and managing Federal income tax audits
•Communicating tax rules and regulations to others, including executive management
•Reviewing and interpreting financial statements
•Compiling and analyzing complex information
•Read, comprehend and apply complex IRS and GAAP rules, regulations and requirements
•Resolve Federal, international and state tax issues
•Demonstrate efficiency and flexibility in managing and performing detailed transactional tasks in a fast-paced work environment with frequent interruptions, changing priorities, and deadlines
•Partner with other functional areas to accomplish objectives
•Communicate effectively, both orally and in writing, with all organizational levels
•Effectively lead and manage a team
Educational/Previous Experience Recommendations:
•Bachelor’s Degree in Accounting or Finance and a minimum of six (6) years’ experience in financial services industry or public accounting firm
•Master’s degree in Accounting or Tax preferred
•Any equivalent combination of experience, education, and/or training approved by Human Resources.
JobAccounting & FinancePrimary LocationUS-FL-St. Petersburg-Saint PetersburgOrganizationAccountingScheduleFull-timeShiftDay JobTravelNo