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Sr Tax Accountant - Income Tax

Sr Tax Accountant - Income Tax

MichaelsIrving, TX, US
30+ days ago
Job type
  • Full-time
  • Part-time
  • Temporary
Job description

Sr Tax Accountant - Income Tax

The Sr Tax Accountant - Income Tax will play a key role in income tax accounting and financial reporting, compliance, research and planning, and taxing authority exams, as well as drive process improvements and automation projects.

Tax Compliance

  • Calculate federal book-tax differences and state modifications.
  • Maintain tax depreciation system.
  • Prepare federal and state income and franchise tax returns, extensions, and estimated tax payments.
  • Research return positions and implement tax method changes.
  • Prepare amended returns, claims for tax refunds, and statistical / informational reports as needed.

Tax Accounting

  • Gather and prepare inputs for the interim and annual income tax provision calculations, including components of income tax expense, deferred taxes, taxes payable, and uncertain tax positions, under tight time constraints.
  • Administer tax provision software.
  • Create tax journal entries.
  • Prepare and review account analyses and reconciliations.
  • Draft financial statement disclosures.
  • Coordinate responses to inquiries from internal business partners and external auditors.
  • Comply with SOX internal controls.
  • Tax Audits

  • Gather support, research tax issues, and coordinate with outside advisors and / or counsel in complex matters to effectively support the company's tax positions.
  • Respond to information requests and questions in a timely and accurate manner.
  • Draft correspondence with taxing authorities.
  • Special Projects

  • Provide technical research and assist in tax planning and other tax projects as they arise.
  • Continuously identify, recommend, and implement process improvement ideas.
  • Other

  • Comfortable in a fast-paced, multi-project, deadline-driven environment and working with minimal supervision.
  • Excellent organizational, time management, and analytical skills.
  • Effective interpersonal and communication skills and enthused by working as part of a team.
  • Minimum Education

  • Bachelor's degree or equivalent experience
  • Minimum Special Certifications or Technical Skills

  • Strong knowledge and application of accounting principles, including ASC 740
  • Proficient in Excel and Microsoft suite, tax preparation and provision software, and tax research tools
  • Minimum Type of Experience the Job Requires

  • 5+ years in the area of corporate income tax accounting and compliance involving large, multi-jurisdictional environments with global public accounting firm or large corporation
  • Preferred Knowledge / Skills / Abilities

    Preferred Education

  • Bachelor's degree in Accounting or Finance
  • Master's degree in Tax
  • Preferred Special Certifications or Technical Skills

  • Certified Public Accountant
  • ONESOURCE Tax Provision expertise
  • Familiarity with ETL software such as Alteryx and ERP applications and tools such as Oracle, HFM, Essbase, and SmartView
  • Preferred Type of Experience the Job Requires

  • Exposure to Retail or CPG industry issues
  • Familiarity with international income taxes
  • Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.

    At The Michaels Companies Inc, our purpose is to fuel the joy of creativity. As the leading creative destination in North America, we operate over 1,300 stores in 49 states and Canada and online at Michaels.com and Michaels.ca. The Michaels Companies, Inc. also owns Artistree, a manufacturer of custom and specialty framing merchandise, and MakerPlace by Michaels, a dedicated handmade goods marketplace. Founded in 1973 and headquartered in Irving, Texas, Michaels is the best place for all things creative. For more information, please visit www.michaels.com.

    At Michaels, we prioritize the wellbeing of our teams by providing robust benefits for both full-time and part-time Team Members. Our benefits include health insurance (medical, dental, and vision), paid time off, tuition assistance, generous employee discounts, and much more. For more information, visit mikbenefits.com.

    Michaels is an Equal Opportunity Employer. We are here for all Team Members and all customers to create, innovate and be better together.

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