Senior Tax Specialist Rancho Cordova CA 95670 Job at Vision Service Plan

General Summary

With minimal supervision, prepares federal, state and foreign income tax workpapers, ASC740 tax provision workpapers prepares federal and state income tax returns. Performs analysis and research involving complex tax issues. 

Essential Functions

Prepares complex and reviews basic tax returns, including complex filings, supporting work papers, estimated payments, and various other tax compliance filing requirements for domestic returns and for foreign informational filings – Form 5471, 8865, 8858.

Provides training to compliance specialists and tax associate.  

Reviews work papers prepared by compliance specialist/tax associate for fixed assets, state apportionment, state income tax returns, and other work papers assigned to compliance specialist/tax associate.

Performs technical research to address more complex tax issues, including planning opportunities.  

Analyzes processes and recommends improvements.  Assists in design and implementation of process improvements and software automation.

Prepares federal, foreign, and state tax income tax provisions (ASC740); prepares related footnote and disclosures for annual audited financial statements. 

Maintain FIN48/ASC740 reserves based on internal analysis in accordance with tax laws and regulations.

Documents, reconciles, and maintains accurate records to support book/tax accounting decisions and statements.

Supports the company’s tax audits, responds to tax notices for multiple companies in multiple jurisdictions. 

Performs all other duties as assigned.

Job Specifications

Bachelor’s degree in Accounting.  CPA License required, MS Taxation preferred.

Eight years of both domestic and international tax-related experience.  Experience in BEPs reporting requirements.

Technical and theoretical background in U.S. GAAP including SFAS 109, Accounting for Income Taxes for both U.S. and foreign subsidiaries.

Researches and documents potential or current tax positions including technical tax, tax compliance, and accounting issues.  Clearly present this information to tax personnel and other business partners as needed.

Proficient in spreadsheet applications (specifically MS Excel) and accounting systems (specifically SAP).

Prior experience using/implementation of tax software – preferably OneSource Tax Provision Software, OneSource Dataflow, OneSource Income Tax.

Excellent verbal and written communication skills.

Strong willingness to learn, share knowledge, accept responsibility, handle multiple tasks concurrently.

Ability to regularly exercise discretion and independent judgement in the performance of his/her job duties.

Clean credit history as reported by credit report.

Preferred Skills

Experience with ASC 740 accounting for income taxes, consolidated corporations, international tax calculations and reporting including GILTI, FDII, FTC and Form 5471.

Working Conditions / Physical Demands

The working environment is generally favorable, lighting and temperature are adequate, and there are no hazardous or unpleasant conditions caused by noise, dust, etc.