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Senior 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
We Make Life More Rewarding and Dignified Location:
LibertyvilleDepartment:
Summary As part of the Global Tax Team, the Sr. International Tax Analyst will focus on international tax aspects of accounting for income taxes and tax compliance. Primary activities include reviewing and ensuring proper support for income tax provision calculations and serving as an experienced resource on international tax calculations and compliance to support the US tax team. Responsibilities Prepare international tax calculations including Subpart F, BEAT, foreign tax credits, basis, GILTI, FDII, etc. Compute current earnings and profits for foreign subsidiaries and maintain accumulated E&P and PTEP pools. Work with various global finance teams to gather information required to complete the international forms, disclosures and statements of the US Federal income tax return (Forms 5471, 8858, 8865, 8992, 8990, 1118, 8975, etc.). Work with local contacts to gather information required to complete Pillar 2 obligations, including GIR, QDMTT and any local registrations and notifications. Remain current on developments in tax policy, tax legislation, Treasury regulations, Revenue Procedures, etc. Provide and populate inputs to the Effective Tax Rate model, analyzing and communicating the effect of those items to the rate, as needed. Gather and review income tax provision calculations and supporting documentation from foreign business units, including components of income tax expense, deferred taxes, taxes payable, and uncertain tax provisions. Assist with adjustments and maintain One Source Tax Provision for the foreign entities. High focus on communication with and support of the tax team members with a willingness to support ad hoc Federal, State and Transfer Pricing requests. Work with Treasury to provide necessary information to support functions driven by international operations (e.g., dividends, loans, WHT, FX rates, etc.). Analyze processes and recommend improvements in the immediate area of responsibility. Essential Functions of the Role Communicate effectively via email, phone, and virtual platforms. Collaborate across departments to support organizational goals. Participate in cross-functional meetings and initiatives. Maintain and analyze data using tools like Excel, SAP, or HRIS systems. Prepare reports and dashboards for internal stakeholders. Ensure data accuracy and confidentiality in compliance with company and legal standards. Manage multiple priorities and deadlines in a fast-paced environment. Demonstrate initiative in identifying process improvements or automation opportunities. Serve as a point of contact for internal and external stakeholders. Maintain secure handling of sensitive information. Support audits and regulatory reporting as needed. Education & Work Requirements Bachelor's Degree with 5-8 years of related experience Education & Work Preferences Advanced degree/CPA preferred. High-level of proficiency in using Microsoft Excel. Experience with SAP (preferred). Experience in One Source Income Tax and One Source Tax Provision (preferred). General knowledge of federal income taxation of international transactions. Understanding of ASC 740 accounting for income taxes. Competencies Be Agile- Innovates and adapts quickly, approaching change with curiosity while persisting through obstacles. Be Customer Centric
- Considers the needs, experiences and feedback of customers in all we do. Be People-Focused
- Builds trust and collaborates with an inclusive and empathetic approach. Be Performance Driven
- Operates with an ownership mindset, driving meaningful outcomes. Live The Schneiders' Legacy, Our Noble Purpose
- Passionately serves Our Mission and Vision, while demonstrating the Immutable Principles.
- $130,000 yearly.