Associate Accountant (Tax Withholding & Reporting)
About The Position
We are seeking a detail-oriented and technically proficient Associate Accountant (Tax Withholding & Reporting) to join our Corporate Tax team. You'll support U.S. tax compliance related to customer payments. You will be responsible for accurate and timely withholding and payment of tax deposits to federal and state governments. You will prepare and file withholding tax returns and utilize OneSource and MasterTax platforms for reporting and compliance management. The position works in coordination with a global service center teams in Des Moines and in Pune, India, who assist with data preparation and processing. Additional Responsibilities Withholding Tax Compliance Monitor deposit schedules and thresholds to maintain compliance and prevent penalties. Reconcile withholding amounts with payments and filed returns. Tax Return Preparation & Filing Prepare and file periodic customer withholding returns (e.g., Forms 1042, 1099-related). Prepare and file periodic tax returns (e.g., Forms 941, 945, state filings). Review and validate data from business units, government agencies, and team members for accuracy. Resolve discrepancies and assist in responding to tax authority notices. Technology & Systems Ensure accurate integration between ERP systems and tax platforms. Support system updates and process improvements to enhance accuracy and efficiency. Collaboration & Support Partner with Accounting, Treasury, Legal, IT, and Business Units to ensure correct tax treatment, documentation, and process alignment. Support internal audits and compliance reviews related to withholding. Operating at the intersection of financial services and technology, Principal builds financial tools that help our customers live better lives. We take pride in being a purpose-led firm, motivated by our mission to make financial security accessible to all. Our mission, integrity, and customer focus have made us a trusted leader for more than 140 years!
Requirements
- Bachelor's degree in accounting or finance or equivalent experience required
- Partners with colleagues across global time zones, with standard office hours beginning at 6:00 AM CST
- This position may require successful completion of a criminal background check
Nice To Haves
- Attention to detail: Demonstrates strong accuracy in data management, tax calculations, and financial reporting.
- Analytical and compliance expertise: Proven ability to interpret rules and regulations, identify discrepancies, recommend compliant solutions, and effectively prioritize tasks to consistently meet filing and remittance deadlines.
- Intermediate Excel & data analysis: Proficient in using excel including, PivotTables, and related functions to analyze, interpret, and summarize complex datasets.
- Continuous learning: Actively stays up to date on evolving tax laws, regulations, and industry best practices.
Responsibilities
- Monitor deposit schedules and thresholds to maintain compliance and prevent penalties.
- Reconcile withholding amounts with payments and filed returns.
- Prepare and file periodic customer withholding returns (e.g., Forms 1042, 1099-related).
- Prepare and file periodic tax returns (e.g., Forms 941, 945, state filings).
- Review and validate data from business units, government agencies, and team members for accuracy.
- Resolve discrepancies and assist in responding to tax authority notices.
- Ensure accurate integration between ERP systems and tax platforms.
- Support system updates and process improvements to enhance accuracy and efficiency.
- Partner with Accounting, Treasury, Legal, IT, and Business Units to ensure correct tax treatment, documentation, and process alignment.
- Support internal audits and compliance reviews related to withholding.
Benefits
- Personal Time Off (PTO) is provided to hourly (non-exempt) employees and provides a set amount of accrued time earned each pay period. Employees can use their PTO for vacation, personal or short-term illness.
- Pension Eligible
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Number of Employees
5,001-10,000 employees
