Accounting Analyst

Formosa Plastics•Point Comfort, TX

About The Position

The Accounting Analyst is responsible for advanced sales and use tax compliance, audit defense, tax research, and general accounting analysis. The position independently analyzes complex taxability issues, ensures accurate and timely tax reporting and filings, coordinates and supports state and local tax audits, and identifies opportunities to mitigate tax risks and appropriately minimize tax liabilities. The role also performs advanced review and certification of purchase orders and payment requests, general ledger analysis and reconciliations, journal entries, account research, and month-end closing activities, ensuring compliance with accounting standards, internal controls, company policies, and authorization requirements. This position provides training and guidance on accounting and tax matters, resolves complex accounting and tax issues, and provides management with analysis and recommendations to support business decisions and strengthen financial and tax compliance and leads or participates in special accounting and tax projects as assigned.

Requirements

Proficient in Microsoft Excel, including mathematical calculations and data analysis.
Proficient in Microsoft Word.
Skilled in using internet search engines for research and information gathering.
Advance Knowledge of sales and state tax regulations, exemption, taxability.
Strong knowledge of general accounting principles, financial reporting, account reconciliation, journal entries, and month-end closing procedures.
Experience with AS400 systems.
Highly self-motivated with a strong willingness to learn.
High school diploma or equivalent plus a minimum of 10 years of direct job-related experience required.
Will require training in Company Policies and Procedures after hire.
Current employees must meet all technical and safety training requirements for current position, as specified in the Master Training Plan.

Nice To Haves

A minimum of 6-10 years of related experience in Accounting, Taxation, Finance or closely related field preferred, depending on education.
Knowledge of Federal and State Tax regulations is a plus.
Bachelor’s degree with 6 years of direct job-related experience preferred.
Associates degree with 8 years of direct job-related experience.

Responsibilities

Managing complex sales and use tax compliance activities, including taxability analysis, tax research, regulatory monitoring, and accurate and timely tax filings.
Evaluating the impact of changes in tax laws and regulations on company transactions and operations and maintaining appropriate documentation to support tax positions.
Applying advanced accounting and tax knowledge to independently review, audit, and certify purchase orders, invoices, and payment requests, including account classification and tax treatment.
Ensuring compliance with company authorization requirements, internal policies, operating procedures, and accounting standards.
Performing detailed analysis and reconciliation of assigned general ledger accounts, preparing and reviewing journal entries, investigating variances and unusual transactions, and supporting month-end and year-end closing activities to ensure accurate financial reporting.
Coordinating and supporting state and local sales and use tax audits by analyzing audit issues, preparing reconciliations and supporting documentation, responding to auditor inquiries, and coordinating with internal departments and external tax advisors to resolve complex audit matters and minimize financial exposure.
Conducting research and analysis of complex accounting and tax matters and interpreting applicable laws, regulations, accounting standards, and company policies.
Providing recommendations and developing appropriate accounting or tax treatment for unusual or non-routine transactions.
Providing training, guidance, and technical support to plant users and internal departments on accounting procedures, sales and use tax requirements, transaction taxability, documentation, and internal controls.
Serving as a subject-matter resource for complex accounting and tax questions.
Identifying opportunities to improve accounting and tax processes, systems, reporting, and workflows.
Participating in or leading accounting and tax-related projects, system enhancements, audits, and other special assignments to improve efficiency, accuracy, compliance, and internal controls.
Promoting cleanliness and order through the implementation of the Total House Keeping Maintenance program.
Emphasizing Nothing Touch Ground program and No visual Pollution program.
Maintaining the plant in like new condition.