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Brown-Forman
Senior Financial Analyst - TTB Tax and Reporting
Career Insights for Tax Analyst
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Scorecard
Based on Kentucky data
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What they do
A Tax Analyst specializes in reviewing tax liability and tax practices for a company. Maintains current knowledge of federal, state and local tax laws and codes; assists with company tax filings, monitors compliance with tax codes and identifies opportunities for tax savings.
$74,176 / year median in Kentucky
-10% projected decline
Job Description
Meaningful Work From Day One:
- Responsible for maintaining compliance with Federal Excise Tax (FET) laws in accordance with regulations specified by the Alcohol Tax & Trade Bureau (TTB) for spirits and wine- based manufacturing facilities, which include: Jack Daniel's Bottling, Brown Forman (Louisville) Bottling Operations, Brown-Forman Distillery Inc.
What You Can Expect:
- Prepares the monthly compilation and filing of MNBP (Manufactured Non-Beverage Process) Tax Claims for BFB and JDB. These claims represent approximately $1.375 million in excise tax reimbursement annually.
- Monthly review of tax paid goods exported. Identify those eligible for TTB Export Drawback Claims for the FET previously paid. Prepare and submit the claims to TTB.
- Prepares and submits Return to Bond Claims to TTB for tax paid goods returned to bond/redumped for further processing.
- Performs monthly internal TTB audits to ensure compliance to the regulations.
- Assists manager with the preparation and submission of TTB monthly operational reports (bonded wine cellar report, storage report, etc.).
- Assists manager in the preparation of amendments to TTB Registrations for all Kentucky- based operations (currently DSP-KY-414, BWC-KY-13, DSP-KY-354, DSP-KY-117, DSP-KY-15008, and
DSP-KY-52
). Amendments include changes in major equipment (tanks, etc.), alternating premises (MNBP and Bonded Wine Cellar), extending bonded premises to off-site bonded storage premises, security profiles, etc. Work closely with engineering to ensure diagrams are updated accordingly.- Composes and submits proposed variances for alternate procedures to the TTB regulations; submits notification to TTB of the execution of required finished goods physical inventory counts.
- What You Bring to the
Table:
- Bachelor's degree in business and 5 or more years in regulated food/beverage manufacturing industry.
- Proficient in Microsoft Office Products.
- Strong leadership skills, organizational skills, team player, and detail oriented.
- Self-starter with ability to independently organize work projects to conduct research, analyze data, interpret and present results in a concise format.
- Excellent oral and written communication skills.
- Demonstrated ability to develop and maintain effective work relationships with all levels of internal and external contacts.
- Ability to complete assignments with accuracy and work a flexible schedule to meet deadlines.
What Makes You Unique:
- MBA or Law Degree
- Working knowledge of SAP environment
- Working knowledge of TTB compliance regulations for the alcohol spirits industry, and ability to interpret and apply ruling changes, as well as understanding of related financial implications.
Who We Are:
- We believe great people build great brands.
What We Offer:
- Total Rewards at Brown-Forman is designed to engage our people to ensure sustainable and profitable growth for generations to come.