Department: Finance

Location: Philadelphia, PA

Travel Involved: Less than 5%

Job Type: Hybrid

Description:

The Tax Analyst is responsible for and provides support on processes related to direct and indirect taxes, including the preparation of tax workpapers and forms, tax memos, and tax accounting documents. The position interacts with tax consultants and is also involved in the necessary audits related to the tax environment.

Key Responsibilities Include:

Direct Tax

• Participate in the preparation of federal and state income tax calculations and entries (monthly provisions and compliance).
• Maintain tax depreciation schedules and support book-to-tax adjustments.
• Support the preparation of estimated tax payments.
• Process federal and state income tax payments.
• Process annual extensions.
• Assist with state franchise tax calculations and filings.
• Prepare data requests and supporting documentation for external tax advisors responsible for tax return preparation.

Indirect Tax

• Perform monthly reconciliations of sales and use tax entries to identify exceptions for adjustments.

• Provide support to the business regarding sales and use tax exemptions, including certificates.

• Perform Superfund excise tax reconciliations and reporting.
• Coordinate Canada’s GST/QST payment processing.
• Monitor indirect tax accruals and prepare adjustments when necessary.

Property Tax

• Maintain property tax accruals and ensure proper allocation.
• Assist in tracking property tax notices and payment deadlines.

Information Reporting and Other Compliance

• Support annual preparation and filing of Forms (1099, 1042, 720).
• Assist with FBAR reporting and information gathering.
• Support preparation and filing of other miscellaneous tax filings, licenses, and reports.
• Prepare and process tax payments.
• Monitor tax compliance calendars and filing deadlines.
• Maintain organized tax documentation and records.

Control Environment and Audit

• Prepare monthly balance sheet reconciliation of tax-related GL accounts.
• Support tax audits and tax authority inquiries by gathering information and preparing responses.
• Assist with maintaining tax controls and documentation.
• Develop and maintain process narratives and desktop procedures.

Required Skills, Education, and Experience:

• Bachelor's degree in Accounting, Finance, or Tax
• 3+ years of corporate tax, public accounting, or tax consulting experience
• Good knowledge of ASC 740 and U.S. federal/state income tax concepts
• Experience with tax reconciliations and account analysis
• Advanced Microsoft Excel skills
• Analytical, organizational, and problem-solving abilities
• Excellent verbal and written communication skills
• Candidates must be currently eligible to work in the United States without the need for any type of sponsorship now or in the future

Preferred Skills, Education, and Experience:

• Experience supporting both direct and indirect tax functions
• Experience with ERP systems such as SAP
• Knowledge of sales and use tax compliance processes
• Experience with OneSource or similar tax technology solutions
• CPA or CPA-track candidate