Income Tax Analyst

Jetstream of Houston•Downers Grove, IL

2d•$55,000 - $65,000•Onsite

About The Position

This role will assist with the preparation of U.S. federal consolidated, state, and local income tax returns, estimated payments, extensions, annual reports, and related filings. The Income Tax Analyst will gather, organize, reconcile, and analyze accounting and tax data from various sources, prepare and maintain tax workpapers, and support quarterly and annual income tax provision processes. The position also involves assisting with fixed asset and tax depreciation analysis, state income tax compliance, tax audits, and participating in tax department projects and process improvements.

Requirements

Bachelor's degree required – Accounting, Finance or related field
Foundational accounting knowledge and interest in corporate income tax, ASC 740, and state tax compliance
Strong Microsoft Excel skills required
Strong attention to detail, analytical ability, organization, and follow-through
Effective written and verbal communication skills and ability to work collaboratively across teams
Self-starter with a willingness to learn, ask questions, and take ownership of assigned tasks

Nice To Haves

CPA eligibility, CPA progress, or interest in a master’s in taxation preferred
0-4 years of tax, accounting, audit, finance, or relevant internship experience preferred
experience with tax software, ERP systems, fixed asset systems, Alteryx, Power BI, or AI Automation tools is a plus

Responsibilities

Assist with preparation of U.S. federal consolidated, state, and local income tax returns, estimated payments, extensions, annual reports, and related filings.
Gather, organize, reconcile, and analyze accounting and tax data from general ledger, fixed asset, trial balance, and business unit sources.
Prepare and maintain tax workpapers, reconciliations, calendars, checklists, and supporting documentation.
Support quarterly and annual income tax provision processes, including book/tax differences, deferred tax schedules, return-to-provision items, and audit documentation.
Assist with fixed asset and tax depreciation analysis and related compliance schedules and calculations.
Support state income tax compliance, including apportionment, state modifications, payment tracking, and notices.
Assist with tax audits, notices, inquiries, and basic federal, state, and local tax research.
Coordinate with Tax, Accounting, business units, external advisors, and taxing authorities as needed.
Participate in process improvement, AI automation, data-quality, and other tax department projects.
Perform other duties, assignments and special projects as assigned.