State Tax Accountant II

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Prepares U.S. state and local income and franchise tax returns, including estimated payments and extensions. Collaborate within a knowledgeable and technical team in the preparation of the interim and annual tax reports, including the calculation of book to tax differences, tax basis balance sheets, tax accounting journal entries and account reconciliations as well as notices and audits received from state and local tax authorities.

JOB RESPONSIBILITIES

• Prepares U.S. State and Local corporate income and franchise tax returns, including preparation of all forms, schedules, attachments, and supporting workpapers. Prepares state modification computations, analysis of enacted tax legislation, and other supporting calculations for compliance and tax accounting purposes. Prepares estimated tax payments and extensions, including all required forms/voucher; obtains necessary approvals and processes authorized payments. Collects data for the negotiation and settlement of tax notices and audits from tax authorities.
• Prepares monthly and/or quarterly accounting entries to record payments submitted via electronic funds transfer as well as any required adjustments, reclasses, or discrete entries. Involved in the monthly and quarterly accounting close process with respect to ASC 740, including account analysis and reconciliation.
• Minimizes tax liabilities through sound and informed application of tax laws and regulations permitting alternative treatment of taxable items. Researches and analyzes existing federal and state statutes, regulations, and court cases to apply to specific company transactions or filings to determine applicable tax position. Researches newly enacted tax legislation and court decisions to determine effect on the Company and the state effective tax rate
• Tracks and monitors state Net Operating Losses and Valuation Allowances
• Assists business units with state or local income/franchise tax issues that may arise
• Assists on special projects, federal and state income tax audits and the quarterly external audit under the supervision of the Tax Manager
• Assists with processing of returns and payments via e-filing or certified mail; may assist in tracking and annotating tax returns
• Collaborates with the internal audit department for internal audit processes, procedure documentation and SOX compliance
• Working independently, self manages workload in an agile environment negotiating deadlines to meet expectations. Completes complex and non-routine assignments independently. Applies experience and knowledge of industry, company, policies, and regulations to resolve or recommend solutions. Discusses escalated issue recommendations with peers or manager. Exhibits accountability for work and behaviors. Ensures compliance with local, state, and federal regulations.
• Takes the initiative to discuss assignments, expectations, priorities and deadlines as well as seek guidance and coaching from manager. Notifies manager when workload is light and volunteers for additional work. Adjusts quickly to new work structures, processes, requirements or cultures.
• Identifies efficiencies to team and manager. Documents work as part of deliverables, resulting in high quality materials for internal and external usage. Drafts standard operating procedures (SOP) and develops job aids.

Minimum Requirements

Education & Certification

• Bachelor's degree in Accounting, Finance, Business Administration or a related discipline

Experience

• At least three (3) years' work experience in the preparation of corporate income tax returns
• At least two (2) years of experience with tax accounting and provision; demonstrate knowledge and application of regulations
• Experience with corporate tax software, such as CORPTAX
• Experience with ERP/general ledger software, such as ORACLE
• Familiarity with data analysis tools, such as ALTERYX
• Basic general ledger/GAAP understanding

Knowledge, Skills and Abilities

• Cognitive ability including reason, plan, solve problems, think abstractly, comprehend ideas, learn quickly, learn from experience, and appropriately apply learning to new situations.
• Process and results oriented, motivated to keep projects moving ahead by removing obstacles and exploring alternatives
• Strong analytical and technical skills and attention to detail
• Knowledge of federal and state tax laws and regulations, accounting-related application of such, and ability to exercise independent judgment within established processes and procedures
• Applies best practices in documenting business requirements in an iterative way
• Ability to create clear reports and data visualizations to assist in decision-making and problem analysis
• Must have a positive attitude, a drive to continually advance your understanding of the industry and business, and must be highly self-motivated
• Ability to build professional and trusting business relations as well as interact and collaborate with all levels of department management; commitment to teamwork and inter-departmental partnerships
• Professional written and verbal communication skills
• Strong working knowledge of Excel; proficient MS Office Suite skills

Postal Code: 77019

Category (Portal Searching): Finance and Accounting

Job Location: US-TX - Houston