Corporate Tax Accountant

Formosa Plastics•Livingston, NJ

About The Position

The Tax Accountant II supports the Company’s Federal, State, and international tax compliance and reporting obligations for assigned entities. The role applies tax laws and regulations, evaluates tax treatment and filing positions, and analyzes how business activities affect tax liabilities and planning opportunities. It is accountable for accurate and timely tax filings, payments, provisions, and information reporting; provides management with tax analysis and recommendations; and coordinates responses and supporting documentation for IRS and State audits. The position helps maintain regulatory compliance, support reliable financial reporting, and manage tax risk and obligations. The role owns preparation and filing of Federal corporate and partnership income tax returns and State income and franchise tax returns for assigned entities across multiple jurisdictions. It also leads assigned Federal and State tax audit and notice responses, prepares annual income tax provisions and disclosures under FAS 109 and FIN 48, researches tax-planning opportunities, and performs assigned international and cross-border tax calculations, including GILTI, FDII, and Section 163(j).

Requirements

Preferred 5–7 years of experience in accounting or taxation.
B.S. in Accounting or Corporate Taxation.
Proficiency using Microsoft Office Word and Excel.
Good oral and written communication skills.
Ability to conduct research and perform tax analysis.
Ability to maintain data tracking and audit trails.
Regular, reliable attendance and ability to work outside the regular schedule as required.
Complete required training in Company Policies and Procedures after hire.
Current employees must meet technical and safety training requirements for their current position, as specified in the Master Training Plan.
Participate in required subject training and pass required certifications.

Nice To Haves

Knowledge of Corptax.
CPA preferred.
Continued development as required, including Legal and Ethical Training (LERN) and other internal and external tax-related training.

Responsibilities

Prepare and file accurate and timely Federal corporate and partnership income tax returns and State income and franchise tax returns for assigned entities across multiple jurisdictions.
Apply tax law independently, resolve technical and e-filing issues, and determine appropriate filing positions.
Review financial records and consult with Accounting and managers to evaluate the tax consequences of Company activities and transactions.
Determine tax treatment, apportionment, and allocation positions, and ensure plant data supports Federal and State filings.
Lead assigned Federal and State tax audit and notice responses, determine required information and support, coordinate documentation across Accounting and plant sites, and explain Company activities and transactions to taxing authorities.
Resolve discrepancies and support tax positions in audit matters.
Prepare accurate and timely annual income tax provisions, true-ups, and financial statement disclosures in accordance with FAS 109 and FIN 48.
Assess supporting documentation, tax adjustments, uncertain tax positions, and audit-related liabilities or benefits.
Monitor Federal and State legislative and regulatory developments and research potential tax-planning opportunities.
Develop scenario-based tax analyses and recommendations for senior management, including tax effects, risks, and implementation considerations.
Perform assigned international and cross-border tax calculations, including GILTI, FDII, and Section 163(j), and maintain supportable calculations.