Senior Tax Specialist

2 weeks ago


Rolling Meadows, Illinois, United States Buckingham Search Full time
Position Overview

Role Summary

The Senior Tax Specialist is primarily tasked with the preparation of tax provision schedules, quarterly estimated tax calculations, and corporate income/franchise tax submissions. This role also involves support for sales & use tax and property tax submissions. The Senior Tax Specialist plays a crucial role in corporate income tax matters, ensuring compliance with income tax return processes, conducting research on tax-related issues, analyzing relevant tax legislation, and documenting findings. Additionally, this position entails supervising and guiding team members on various projects to meet departmental objectives. The Senior Tax Specialist will report to the Tax Manager.

Key Responsibilities:

  • Actively engage in the preparation of provisions for federal and state taxes, including rate reconciliations and reserves for uncertain tax positions.
  • Assist in the calculation and preparation of quarterly corporate income tax estimated payments and extensions.
  • Compile schedules for federal, state, and local income tax filings.
  • Prepare property tax returns, sales and use tax returns, annual reports, and other necessary filings.
  • Provide assistance during tax audits.
  • Oversee fixed asset depreciation calculations for tax purposes.
  • Stay updated on tax law changes and their implications for the organization.
  • Support Tax Managers and the Director of Tax with special tax initiatives as required.
  • Assist with accounting and finance tasks as necessary.
  • Maintain regular and predictable attendance.
  • Perform essential functions of this role in a designated office or field location.
  • Adhere to the Company's Code of Business Conduct and Ethics and relevant industry-specific professional standards.
  • Complete other assigned duties as needed.

Qualifications:

  • 2 to 4 years of experience in a Tax Accountant role.
  • Strong foundation in U.S. corporate tax compliance, GAAP, and related accounting standards.
  • Bachelor's Degree in Finance or Accounting; a Master's in Business Taxation (MBT) is preferred.
  • CPA certification is highly desirable.
  • Proficient in Excel.
  • Comprehensive understanding of tax reporting and compliance principles.
  • Extensive knowledge of local, state, and federal tax regulations.
  • Must possess a self-motivated and team-oriented mindset with a positive outlook.
  • Advanced analytical and decision-making abilities.


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