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Sr. Analyst, International Tax
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What they do
An International Tax Analyst is responsible for documenting international components of an international organization's income tax return. Responsible for gathering and reviewing foreign income tax returns filed by foreign subsidiaries or branches of the organization. Will assist with the computation of earnings and profits and tax pools. May provide tax advice on international transactions and respond to tax questions raised by international operations.
$91,779 / year median in Illinois
+4% projected growth
Job Description
Job Summary The Sr. Analyst, International Tax is responsible for preparing and reviewing quarterly and annual international tax provisions while providing ASC 740 support for the non-U.S. entities. In working with various cross-functional departments, they will own tax planning projects and the execution of financial and operational business objectives. They will prepare and assist with the Company's global transfer pricing calculations and policies and various international items including, but not limited to, NCTI, FDDEI, subpart F, BEAT, cost allocations, business interest expense limitations, and foreign tax credit optimization for purposes of financial statement reporting, tax compliance, and tax modeling/forecasts. This role will actively lead the preparation and review of the Company's Form 5471s, 8858s, 8865s, and Form 1118, among other items, with respect to the U.S. income tax return.
Responsibilities Prepare and review tax financial statement reporting under ASC 740 including, but not limited to, effective tax rate reconciliations, deferred tax calculations, discrete items, certain reserves, valuation allowances, disclosures, and any other U.S. inclusions of foreign item Assist with the preparation of NCTI, FDDEI, subpart F, BEAT, cost allocations, business interest expense limitations, foreign tax credit optimization, among other items Prepare the international compliance included in the U.S. income tax return (Forms 5471, 8858, Form 1118, etc.) Review transfer pricing calculations and policies Assist with cash income tax forecasts, effective tax rate modeling, and support tax planning initiatives Assess global tax legislative updates and the impact to the Company while assisting with tax implications of various business transactions Identify and implement process improvements which improve the efficiencies of various tax work streams Qualifications 4-year college degree with MST or CPA strongly preferred 5+ years' experience in tax required with 3+ years' experience in international tax required ASC 740 experience required OneSource tax provision software experience is a plus Corptax tax compliance software experience is strongly preferred Strong Excel background with modeling and forecasting experience Excellent decision-making skills and a proactive problem solver with solid troubleshooting skills Ability to handle a fast-paced environment while navigating changes effectively and efficiently Results oriented with strong multi-tasking skills for driving both daily results and establishing long-term plans/goals Excellent written and communication skills