Tax Manager

The Bradford Exchange•Niles, IL

5d•$122,000 - $154,000•Hybrid

About The Position

The Bradford Group is seeking a Manager of Compliance & Tax Reporting. This role is responsible for the preparation of US income taxes (Federal and State returns), coordination of tax audits (Federal and state income tax audits as well as US and Canada sales tax audits), tax planning and research, and coordination with advisors on company tax matters. The position also handles other governmental reporting requirements (census, surveys, etc.) and serves as a liaison on international tax issues impacting the corporate/parent structure. The Manager will act as a resource to Accounting and other departments by implementing new procedures or resolving tax-related issues, which may involve modifying procedures to accurately reflect audit results, changes in assessment requirements, or auditing internal procedures. Many initiatives will be collaborative efforts involving Accounting, Legal, Purchasing, outside legal counsel, or tax advisors.

Requirements

Bachelor’s degree in accounting.
Minimum 6+ years progressive accounting experience.
Minimum 3+ years experience in tax/audit including corporate tax returns (specifically Sub S).
Knowledge of generally accepted accounting rules, practices, tax laws, and reporting requirements.
Must be familiar with regulations at the federal, state, and local level.
Ability to communicate (written and verbal) in a professional manner when dealing with employees, vendors and company contacts.
Must be PC proficient with experience in Microsoft Word, Excel, Power Point, mainframe applications, etc.

Responsibilities

Preparation and filing of combined federal 1120S, 1042S, 1099 INT, 1099 OID, Form 945 for The Bradford Group companies.
Prepare and review supporting workpapers including M-1 adjustments, foreign source income, 5471, and 8858 for Foreign subsidiaries.
Coordinate preparation, review and filing of extensions and returns with external tax accountants.
Establish tax reporting policies and solve new or unusual issues with external tax advisors (e.g. Unicap, CTA on foreign branch closures).
State returns and extensions including Illinois unitary return for the Bradford Group.
Amend prior year federal and state returns, if needed.
Manage workflow, training and development of staff member.
Coordinate tax audits.
Monitor nexus and state rules impacting filing requirements and implement new filings as required.
Determine statutory requirements and exemptions. Establish procedures for vendors, purchasing departments and Accounting to minimize our tax liability and ensure that taxes are properly remitted.
Coordinate audits and government inquiries.
Work with Financial Reporting to revise tax compliance procedures based on results of audits/inquiries or change in business practices.
Liaison with tax authorities, outside legal counsel, accounting firms and in-house Legal Dept. to identify and resolve potential exposure to sales taxes.
Ensure that we properly self-assess tax on purchases.
Communicate with purchasing departments to ensure that our purchases qualify for all available exemptions: IL temporary storage and expanded temporary storage exemptions and IL software exemption.
Review vendors' requests for sales tax exemptions (IL and FL). Determine which exemptions, if any, are applicable and provide vendors with required certificates.
Handle other compliance matters (corporate annual reports, census reporting, annual bank secrecy reporting).
Perform fixed asset accounting (GAAP and Tax).
Work with Accounting, Legal, Purchasing and outside counsel to ensure that operational and accounting procedures are consistent with internal and external requirements.
Manage reorganizations, transfer pricing reviews, system related updates, and other special projects as assigned.