Tax Accountant III

U. S. Steel•Pittsburgh, PA

5d•Remote

About The Position

The Tax Accountant – Tax Accounting & Income Tax Compliance supports the quarterly and annual income tax provision process and assists with federal, state, and local income and franchise tax compliance.

Requirements

Bachelor’s degree in Accounting or equivalent degree
Three to five years of federal and state tax compliance experience
Strong understanding of tax accounting rules under GAAP
Strong analytical, problem solving, and critical thinking skills
Strong attention to detail and accuracy
Team player
Willingness to learn
Ability to work effectively remotely
Experience with tax research software (CCH IntelliConnect and/or RIA Checkpoint)
Strong Microsoft Excel skills

Nice To Haves

CPA, Master of Taxation, or JD a plus
Exposure to ASC 740 tax provision calculations preferred
Corptax experience preferred

Responsibilities

Assist in the preparation of quarterly and annual income tax provisions in accordance with ASC 740
Calculate current and deferred income tax expense for U.S., federal, state, local, and foreign jurisdictions
Prepare and analyze effective tax rate (ETR) calculations, rate reconciliations, and supporting schedules
Identify, analyze, and document book/tax differences (IRS Schedule M-3 information)
Assess the realizability of deferred tax assets and develop valuation allowance analyses
Calculate and document uncertain tax positions (UTPS) in accordance with ASC 740-10 (FIN 48)
Prepare tax account reconciliations and supporting documentation for statutory reporting requirements
Assist in the preparation of the consolidated federal income tax return, and prepare and file state income tax returns, including preparing proper documentation for tax positions
Assist in the analysis of the tax impact of strategic tax initiatives, changes in federal and state tax legislation, as well as research of tax positions as required
Identify and implement process changes to improve efficiencies across income tax areas