Tax Accountant - Fixed Assets

GATX • Chicago, IL

5h • Hybrid

About The Position

At GATX, we hire the best and offer our employees a dynamic, energetic, collaborative environment to enable them to make an impact from day one. Enjoy the perks and benefits of a global company with the close-knit culture and community of a much smaller one. In the same way we strive to empower our customers to propel the world forward, we are dedicated to providing our people with the tools and resources they need to advance in their careers. The Tax Accountant – Fixed Assets will play a key role in ensuring that GATX’s fixed assets are accurately accounted for and properly treated for tax purposes. The tax accountant will review the fixed assets information entered in the general ledger and ensure that fixed asset transactions are accurately recorded and transferred in the fixed assets tax depreciation system (TDS). This person will be responsible for updating and maintaining the tax fixed asset system and performing fixed assets reconciliations. The tax accountant will also support the Domestic, International, and Indirect tax groups by helping with fixed asset-related projects and providing fixed assets reports and information as needed. Assist with Domestic and International tax compliance by providing fixed assets reports and performing any calculations that involve fixed assets data. Assist in developing and improving fixed assets processes to enhance efficiency and compliance. This includes monitoring fixed assets transactions to prevent misappropriation and ensure proper tracking Perform analysis on the fixed assets data. The tax accountant will use data analytics tools to analyze fixed asset data, identify trends, and provide insights for decision-making. Monitor tax law changes related to fixed asset tax accounting. This is a hybrid position that will require the employee to work in the office at least 3 days a week throughout the year. The employee may work remotely the balance of the time, apart from quarter and year-end close, when work is fully in-office.

Requirements

• A bachelor’s degree in accounting or finance
• 1 - 2 years of business experience in a professional office environment (preferably working on fixed assets), through part-time work or internships.

Nice To Haves

• CPA and/or MST a plus but not required.
• Experience with SAP, TDS, or similar fixed asset system is a plus.
• Experience with Data Analytics tools (Excel, Alteryx, Tableau, SQL) is a plus but not required.
• Experience in using Microsoft Power tools, including Power BI, Power Automate, and Power Apps, is beneficial.

Responsibilities

• Review fixed assets information entered in the general ledger
• Ensure fixed asset transactions are accurately recorded and transferred in the fixed assets tax depreciation system (TDS)
• Update and maintain the tax fixed asset system
• Perform fixed assets reconciliations
• Support the Domestic, International, and Indirect tax groups by helping with fixed asset-related projects and providing fixed assets reports and information as needed
• Assist with Domestic and International tax compliance by providing fixed assets reports and performing any calculations that involve fixed assets data
• Assist in developing and improving fixed assets processes to enhance efficiency and compliance. This includes monitoring fixed assets transactions to prevent misappropriation and ensure proper tracking
• Perform analysis on the fixed assets data. The tax accountant will use data analytics tools to analyze fixed asset data, identify trends, and provide insights for decision-making
• Monitor tax law changes related to fixed asset tax accounting

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 1,001-5,000 employees