Sirva - Oakbrook Terrace, IL

posted 5 months ago

Full-time
Oakbrook Terrace, IL
Truck Transportation

About the position

The International Tax Accountant is primarily responsible for the preparation of the international reporting of the US federal consolidated corporate income tax return and supporting the ASC 740 tax provision calculations for SIRVA's international operations. This role involves a comprehensive understanding of tax accounting principles and practices, particularly as they relate to international operations. The accountant will be tasked with updating forecasts, assessing the impact of new legislation, documenting international tax positions and issues, and assisting with global transfer pricing, audits, and other special projects as assigned. In the realm of Tax Accounting, the accountant will assist and review the current and deferred tax calculations, rate reconciliation, supporting calculations, and work papers and documentation related to international operations for ASC 740. This includes collaboration with foreign affiliates to aid in their preparation of provision tax packages and return to provision calculations. The role also requires assisting accounting and finance personnel in ensuring proper tax accounting under US GAAP and ASC 740, as well as preparing necessary journal entries in PeopleSoft and assisting in reporting and proper presentation in financial systems. For Tax Compliance, the accountant will prepare the US consolidated federal corporate income tax return filings related to international operations, including Forms 5471, 8858, CBC, and related calculations and reporting for GILTI, BEAT, FDII, and FTCs. The role also involves assisting in the development of process improvements in data management and calculations due to law changes, as well as researching and understanding new regulations and pronouncements associated with the changing international statutory landscape. In terms of International Tax, the accountant will assist with tax projections and forecasts impacted by international operations and calculations, as well as global transfer pricing reporting and documentation, including the implementation and review of international intercompany charges for proper methods and pricing. Coordination and communication with international locations to understand tax filings, positions, and issues will also be a key responsibility. Finally, the accountant will engage in special projects, including acquisitions, reorganizations, and modeling of tax law changes, and assist in responding to audit requests and notices from taxing authorities.

Responsibilities

  • Prepare the international reporting of the US federal consolidated corporate income tax return.
  • Support ASC 740 tax provision calculations for SIRVA's international operations.
  • Assist and review current and deferred tax calculations, rate reconciliation, and supporting documentation for international operations.
  • Work with foreign affiliates on provision tax packages and return to provision calculations.
  • Assist accounting/finance personnel in proper tax accounting under US GAAP and ASC 740.
  • Prepare journal entries in PeopleSoft as necessary.
  • Assist in reporting and proper presentation in financial systems.
  • Prepare US consolidated federal corporate income tax return filings for international operations, including Forms 5471, 8858, CBC, and related calculations.
  • Develop process improvements in data management and calculations due to law changes.
  • Research and understand new regulations and pronouncements related to international tax.
  • Assist with tax projections and forecasts impacted by international operations.
  • Assist with global transfer pricing reporting and documentation.
  • Coordinate with international locations to understand tax filings, positions, and issues.
  • Engage in special projects including acquisitions, reorganizations, and modeling of tax law changes.
  • Assist in responding to audit requests and notices from taxing authorities.

Requirements

  • 3+ years of experience within a corporate tax department or public accounting environment.
  • Proficient with Excel and Tax Compliance Software.
  • Experience working with ASC 740 and tax provision calculations.
  • Experience with Hyperion Essbase, PeopleSoft, and Corptax.
  • B.S. in Accounting or Finance.
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