Senior Tax Analyst

Lincoln Electric•Euclid, OH

6d•$81,992 - $138,894•Onsite

About The Position

Lincoln Electric is a high-performance industrial machinery and technology leader who helps customers manufacture and maintain vital equipment and infrastructure. Lincoln Electric’s innovative solutions enable higher quality and productivity across a variety of processes including welding, cutting, brazing, machining, process automation, and field repair. The Company leverages proprietary technologies and expertise in materials science, power electronics, automation, and intelligent software to help customers build better and achieve resilience in their operations. Headquartered in Cleveland, Ohio, Lincoln Electric is the essential ‘Linc’ that keeps the economy running. The Company operates 71 manufacturing and automation facilities across 20 countries and serves customers in over 160 countries. For more information about Lincoln Electric and its products and services, visit the Company’s website at https://www.lincolnelectric.com. Location: Euclid - Automation Employment Status: Salary Full-Time Function: Finance Pay Range: Level III Min:$81,992.00 - Level IV Mid $138,894.00 Target Bonus: 10%-15% Req ID: 30110 Position Summary Tax Accountant is responsible for supporting and leading aspects of the Company's global income tax accounting and reporting processes under ASC 740. This role participates in the preparation and review of quarterly and annual tax provisions, effective tax rate calculations, deferred tax accounting, uncertain tax positions, and income tax disclosures. The position also supports audit activities, tax process improvement initiatives, mergers and acquisitions integration, and compliance-related reporting requirements. The ideal candidate is a detail-oriented tax professional with strong technical tax accounting knowledge with multinational entities, analytical capabilities, and the ability to collaborate across finance, accounting, and external advisors.

Requirements

Bachelor's degree in Accounting
CPA
5+ years of corporate tax, public accounting, and/or tax accounting experience. Additional experience and demonstrated technical expertise may be considered for a higher-level placement.
Strong understanding of ASC 740 and income tax accounting principles.
Experience preparing income tax provisions and related financial statement disclosures.
Proficiency with Microsoft Excel and financial reporting systems.
Strong knowledge of ASC 740 income tax accounting.
Ability to analyze complex tax issues and communicate findings effectively.
Strong analytical, problem-solving, and organizational skills.
Ability to manage multiple priorities and meet reporting deadlines.
Strong attention to detail and commitment to accuracy.
Excellent written and verbal communication skills.
Ability to work independently while collaborating with cross-functional teams.

Nice To Haves

MTAX
Experience with OneSource Tax Provision, Hyperion, SAP, Oracle, or similar tax/accounting systems.
Experience supporting multinational tax accounting and reporting processes.
Experience with AI tools and leveraging AI tools in the provision process.

Responsibilities

Prepare and consolidate quarterly and annual income tax provisions under ASC 740.
Review return to provision (RTP) calculations for foreign jurisdictions.
Calculate monthly, quarterly, and annual effective tax rates (ETR).
Prepare and analyze current and deferred income tax balances.
Prepare monthly, quarterly, and annual journal entries related to income taxes.
Analyze deferred tax assets and liabilities and support related account reconciliations.
Perform valuation allowance analyses and maintain supporting documentation.
Review and update ASC740-10-25 (uncertain tax positions) analyses on a quarterly basis.
Perform quarterly ASC 740-270 analyses and updates.
Evaluate and model the tax impact of legislative and regulatory changes.
Prepare income tax footnote disclosures for quarterly and annual financial statements.
Assist with management reporting related to tax accounting results and ETR drivers and communicating results to stakeholders.
Support segmented financial reporting and tax planning adjustments.
Assist with quarterly and annual external audits, including coordination with external auditors.
Support federal income tax examinations and audit requests.
Participate in internal audit activities related to tax processes and controls.
Maintain documentation supporting SOX compliance and tax-related controls.
Support tax integration activities related to mergers, acquisitions, and entity restructurings.
Assist with management service charge calculations and annual true ups.
Support global tax initiatives and cross-functional projects.
Identify opportunities to enhance efficiency, automation, and accuracy within tax accounting processes.
Assist with the implementation and improvement of tax technology tools and reporting systems.
Maintain and update tax department procedures, policies, and process documentation.