Tax Associate

This is a fully remote position, open to applicants in Illinois.

📋 Description

• Oversee the compliance with income tax regulations and the tax provision process, which includes the quarterly and annual preparation and analysis of the ASC 740 provisions to support our tax, accounting, and financial reporting functions.

• Collaborate closely with tax and accounting teams to ensure the precise and timely financial reporting of income taxes in alignment with ASC 740.

• Assist in the examination of the federal consolidated tax return along with its supporting statements and disclosures.

• Conduct research on emerging tax developments to provide guidance on risks and opportunities; this includes proactive, reactive, and directed efforts.

• Prepare and maintain comprehensive working papers, encompassing depreciation schedules and book-to-tax adjustments; reconciliation of income tax liabilities, review of other tax-related adjustments; deferred tax assets and liabilities; uncertain tax positions, and tax disclosures for financial statements.

• Coordinate with external CPA firms regarding the filing of federal, state, and local corporate income tax returns.

• Develop, maintain, and revise policies, processes, and procedures for the income tax department.

• Ensure adherence to federal, state, and local income tax laws, along with the company’s tax calendar.

• Prepare reconciliations for tax accounts; suggest journal entries to facilitate the month-end closing process.

• Assist in addressing income tax audits, inquiries, and notifications from revenue authorities.

• Identify opportunities to enhance the efficiency of the income tax reporting process, including automation initiatives related to tax.

• Review, prepare, and file sales tax returns across various jurisdictions on a monthly, quarterly, and annual basis.

• Assist with the renewal of business licenses and other miscellaneous tax-related submissions.

• Engage in special projects as required.

• As permitted by applicable law, be prepared and willing to provide coverage during late nights, weekends, or holidays due to year-end, quarterly, and monthly closing requirements.

⛳️ Requirements

• A minimum of 3 years of experience in corporate income tax compliance, ideally with a large public accounting firm, including a solid understanding of ASC 740 and tax provision preparation; CPA designation is preferred.

• Proven expertise in corporate federal, state, and local income tax compliance.

• Exceptional attention to detail and organizational skills; demonstrated analytical abilities; capacity to interpret complex tax data and financial information.

• Ability to engage with external stakeholders such as third-party tax preparers, auditors, and tax jurisdiction authorities.

• A proactive approach; capable of thriving in a fast-paced environment, managing competing priorities, and meeting stringent deadlines.

• Willingness to take initiative for process enhancements and to streamline the compliance preparation process.

• Familiarity with U.S. sales and use tax regulations and multi-state tax compliance.

• Bachelor’s degree in accounting, finance, or a related field.

🏝️ Benefits

• Medical, Dental & Vision coverage (inclusive of domestic partnerships).

• Employer Paid Life Insurance & Employee/Spouse/Child Supplemental Life Insurance.

• Voluntary Short/Long Term Disability Insurance.

• 401K options (Roth/Traditional).

• A comprehensive PTO plan that recognizes your commitment and seniority (including paid Bereavement/Jury Duty, etc.).

• Competitive annual bonuses above market standards.