Tax Analyst

Hitachi•Schaumburg, IL

2d•$66,756 - $91,789•Hybrid

About The Position

The Tax Analyst position at Hitachi High-Tech America, Inc. will be responsible for tax compliance, tax planning, and tax reporting for HTA and its Subsidiaries. The tax analyst will work across multiple domestic and international tax areas through calculating tax liabilities/forms and external reporting. The tax analyst will also perform tax research, analysis, planning, and optimization (e.g., impact of changes to laws and regulations on tax liabilities, tax structuring for merger and acquisition activity, transfer pricing, etc.). The Tax Analyst Professional will apply advanced knowledge of job area typically obtained through advanced education and work experience. This role is primarily income tax related but will assist team with non-income tax issues as needed (sales/use tax, property tax, licenses, special projects, etc.). This role works closely with multiple external consultants and agencies on tax matters (e.g., external auditors, lawyers, regulatory agencies, etc.)

Requirements

Bachelor’s degree in Accounting
2-5 years of corporate tax accounting experience, preferably with a Big 4 accounting firm
Advanced knowledge of technology and computer skills required.
Proficient in working with large data files, Microsoft Excel, and other Office tools
Excellent verbal and written English communication skills; ability to disseminate data and information professionally
Strong organizational and time management skills
Accuracy – ability to perform work accurately, thoroughly, timely
Critical thinker – ability to initiate and carry out change
Management skills – leadership and coaching skills needed for proper management of staff
Organization – highly organized person required - ability to handle multiple priorities at the same time
Excellent verbal and written communication skills
Ability to understand complex business issues and collaborate well with business partners to find acceptable solutions
Ability to understand business process (i.e. order to cash) and provide solutions to taxation issues experienced
Ability to have a vision of how to effectively handle Taxation operation utilizing technology and industry best practices
Perform all tasks and deliver all results in a highly professional manner

Nice To Haves

CPA or MBA in Taxation preferred
International tax experience preferred
Prior experience with sales/use tax and property tax preferred
SAP System Knowledge and SOVOS Tax Software preferred

Responsibilities

Gather domestic data and prepare calculations for federal and state income tax returns including items relating to permanent differences (gifts, entertainment, club dues, non-deductible items, etc.); and timing differences (reservations, accruals, deferrals, Unicap, etc.)
Gather foreign transaction data and subsidiary data and prepare calculations relating to GILTI, FDII, and BEAT among others for federal and state tax filings
Prepare interim and year-end income tax provision calculations
Responsible for front line communication with third party providers during provision work and tax return filings work
Monitor tax legislation changes in the Internal Revenue Code and State Tax Laws and communicate key applicable developments to management
Lead tax discussions with tax preparers and support company financial & tax audits
Ensure that appropriate internal controls are in place for accounting for income taxes
Support company budgeting process and cash flow forecasting relating to tax activity
Support the indirect taxes function as needed, including sales/use tax, property tax, census reporting, business licenses, and other regulatory filings
Evaluate indirect tax saving opportunities
Manage information flow for Foreign Bank Account Reporting (FBAR) tax returns
Participate in new or unique business discussions, mergers and acquisitions, and propose optimal tax treatment
Investigate and evaluate new or existing tax incentives
Support tax related projects, including transfer pricing and others
Ensure that system and non-system tools and resources are utilized efficiently
Ensure that tax department schedule is accurately established and followed