Tax Analyst - US Income Tax Operations
National Grid
- Brooklyn, NY
- $85,000-105,000 per year
- Permanent
- Full-time
- Support delivery of income tax operations including:
o Income tax account reconciliations, including tax basis balance sheets and account roll forwards.
o Complex unitary state tax provision calculations and related balances.
o Maintaining uncertain tax positions calculations and associated analysis.
o Maintaining income tax general ledger within SAP and associated bookkeeping of journal entries.
o Maintaining income tax provision software (OneSource)
o Income tax deliverables for the semi-annual financial statements in accordance with IFRS.
o Income tax deliverables for the quarterly financial statements in accordance with US GAAP, including consolidated financial statements.
o Income tax deliverables for quarterly financial statements in accordance with FERC & PSC reporting requirements.
o Liaison with independent auditors
o Annual consolidated Federal income tax return
o Annual Federal income tax returns on behalf of unconsolidated affiliates.
o Partnership tax returns.
o Unitary, combined, and separate state income tax returns including apportionment factors, state modifications and filing groups.
o Forms 1120F, 8831, 5472.
o Deliverables needed for FATCA reporting and withholding tax compliance.
o Income tax compliance software (CorpTax) and e-filing requirements
o Audit defence, controversy resolution and settlements.
o Day-to-day interaction with Controllership regarding accounting activities
- As a member of the broader Income Tax Team, assist tax forecasting, analysis and regulatory work, tax plant work, and tax research and planning as needed.
- Bachelor's degree in accounting.
- Diverse experience (2 years plus) in tax field with a concentration in income tax accounting, reporting and compliance.
- Basic knowledge of income tax accounting and reporting principles in ASC740, IAS 12 and Federal Energy Regulatory Commission (FERC) income tax reporting standards (a plus).
- Basic knowledge of federal and state filing requirements, including filing dates, necessary forms, disclosures and elections. Strong expertise in income tax compliance software (CorpTax).
- Experience within regulated utility industry, a plus.
- Experience with standardizing and optimizing processes, bringing consistency and excellence in the delivery of tax service.
- Participating in complex tax technical discussion and analysis.
- Exhibit high personal standards of commitment and integrity.
- Strong interpersonal skills and focus on team building.
- Ability to build and foster relationships with key stakeholders and work on collaborative teams.
- Managing multiple priorities.
- Self-starter with confidence to take ownership to deliver positive results.
- Ability to exercise independent judgement and initiative, and to work under tight deadlines to drive results.
- Ability to navigate a highly matrixed organization including the ability to work across/with various business units and functions.