Analyst, Tax

natgridProd•New York, NY

1d•Hybrid

About The Position

National Grid is hiring a Tax Analyst for a hybrid position in Brooklyn, NY. This role reports to the Director US Income Tax Operations and is responsible for all aspects of US income tax operations, including the complete income tax cycle with a primary focus on tax accounting, tax financial reporting, tax compliance, and tax audit and controversy resolution. The role also supports tax plant work, tax forecasting, tax analysis, and regulatory work on a regular and as-needed basis. As a member of the broader Income Tax Team, the analyst will assist with tax forecasting, analysis, regulatory work, tax research, and planning. The position encourages seeking out better ways of working, process improvements, and embracing technology advancements, working closely with the Manager of Tax Technology and Process Improvement to identify and implement improvement opportunities.

Requirements

Diverse experience (3 years plus) in tax field with a concentration in income tax accounting, reporting and compliance preferred.
Basic knowledge of income tax accounting and reporting principles espoused in ASC740, IAS 12 and Federal Energy Regulatory Commission (FERC) income tax reporting standards.
Basic knowledge of federal and state filing requirements, including filing dates, necessary forms, disclosures and elections.
Strong expertise in income tax compliance software (CorpTax).
Experience within regulated utility industry.
Experience with standardizing and optimizing processes, bringing consistency and excellence in the delivery of tax service.
Engages in complex technical discussion and analysis, coaches and guides tax department's personnel.
Leading complex technical discussion and analysis and presenting to Senior Leaders.
Exhibit high personal standards of commitment and integrity.
Strong interpersonal skills and focus on team building.
Ability to build and foster relationships with key stakeholders and build collaborative teams.
Proven project management skills and managing multiple priorities.
Self-starter with confidence to take ownership to deliver positive results.
Demonstrated ability to exercise independent judgement and initiative, and to work under tight deadlines to drive results.
Ability to navigate a highly matrixed organization including the ability to work across/with various business units and functions.
Bachelor’s degree in accounting

Nice To Haves

A master’s in taxation, Certification as a Public Accountant, or Juris Doctor degree is preferred.

Responsibilities

Support delivery of income tax operations including: Monthly tax provision calculations in accordance with US GAAP and IFRS.
Income tax account reconciliations, including tax basis balance sheets and account roll forwards.
Complex unitary state tax provision calculations and related balances.
Maintaining uncertain tax positions calculations and associated analysis.
Maintaining income tax general ledger within SAP and associated bookkeeping of journal entries.
Maintaining income tax provision software (OneSource).
Income tax deliverables for the semi-annual financial statements of NGNA in accordance with IFRS.
Income tax deliverables for the quarterly financial statements in accordance with US GAAP, including the consolidated financial statements of NGUSA and NGNA.
Income tax deliverables for the quarterly financial statements in accordance with FERC & PSC reporting requirements.
Liaison with independent auditors.
Annual Consolidated Federal income tax return.
Annual Federal income tax returns on behalf of unconsolidated affiliates.
Partnership tax returns.
Unitary, combined, and separate state income tax returns including Apportionment factors, state modifications and filing groups. Knowledge of Forms 1120F, 8831, 5472.
Deliverables needed for FATCA reporting and withholding tax compliance.
Income tax compliance software (CorpTax) and e-filing requirements.
Audit defense, controversy resolution and settlements.
Day-to-day interaction with Controllership regarding accounting activities.