Excise Tax Accountant - GROWMARK, Inc. - Bloomington, IL

GROWMARK, Inc.•Bloomington, IL

8d•$60,100 - $82,663•Onsite

About The Position

Responsible for meeting GROWMARK, Inc. and subsidiary companies compliance obligations related to the reporting of motor fuel, environmental, and sales taxes. Analyze data with regard to tax requirements and appropriately reconcile all tax data to the general ledger.

Requirements

An Associates degree with emphasis in accounting and 1-3 years of experience in preparing tax returns or bachelor’s degree in accounting required.
Experience in income, sales, or excise tax return preparation preferred.
Analytical skills
Problem-solving skills
Ability to compose written responses to government agencies
Organization skills
Detail-oriented
Ability to meet tax deadlines
Proven computer skills, including Microsoft Office software, internet research tools, general ledger queries, and tax reporting software.
Ability to use technology to research accounting information and apply tax knowledge to the transactions to determine appropriate taxability
Demonstrates essential abilities including business knowledge, collaboration, communication, customer focus, decision making and skill development.
Ability to occasionally work hours above those considered normal to meet tax deadlines.
Ability and willingness to participate in required training that may include education on GROWMARK’s policies and procedures and additional training as it relates to the requirements of the position.

Responsibilities

Meeting GROWMARK, Inc. wholesale, retail divisions, and subsidiary companies’ compliance obligations related to the reporting of motor fuel, environmental, and sales taxes.
Analyzing data from various sources to prepare excise tax returns and develop process improvements. Incorporating data analytics software into complex processes.
Reconciling accounting data to tax filings to ensure financial records reflect the proper amounts due to or from governmental agencies. Providing guidance and training to others in the department or retail divisions on reconciliation issues and amendments.
Analyzing and reviewing additional controls to ensure that all taxes collected from customers are paid to the proper taxing authority and troubleshooting variances.
Providing guidance for proper tax setup in SAP and third-party tax software. Assisting with configuration and testing of changes needed in the excise tax billing and reporting systems.
Maintaining technical competency in motor fuel, excise, sales, environmental, and other tax related subjects.
Maintaining professional relationships with taxing authorities.
Managing audit process for external audits. Advising the business on changes needed for proper compliance. Coordinating complex or multi-period amendment projects.
Maintaining third party tax exemption software and coordinating with internal departments/divisions to integrate into their processes.
Providing leadership by investigating, analyzing, and providing recommendations to wholesale, retail divisions, and member cooperatives on tax compliance requirements.
Researching new state requirements and developing new processes to ensure compliance.
Serving as a backup to the Assoc. Tax Compliance Supervisor/Retail Tax Compliance Supervisor on motor fuel and sales tax issues.
Ensuring that tax compliance documentation required by government agencies is obtained from vendors and customers and is retained on file.
Updating and maintaining instructions for tax return processing procedures.
Assisting with maintaining and updating information contained on the Tax Department website.
Following GROWMARK’s Environmental Health and Safety, OSHA and DOT policies and procedures, as they apply.
Performing all other duties as assigned.