Responsible for the oversight and collection of tax-related information to appropriately interpret and analyze the impacts to the Company. Spearhead the reporting of various corporate tax related obligations to federal, state and local taxing authorities in a timely manner including their view of third party prepared tax returns for completeness and accuracy, and review of quarterly tax provision on a standalone and consolidated basis. Ensure appropriate control environment and corporate governance surrounding the tax process. Also responsible for managing the Fixed Asset component of the Balance Sheet to ensure proper accounting for book and tax purposes, as well as review of contracts with third parties to ensure proper accounting for book and tax purposes and other functions to support the Accounting and Finance Department.
Tax Guidance and Support:
Monitor legislative and regulatory tax law developments and analyze impact to company. Communicate the effects of these developments to executive management to facilitate the development of appropriate tax strategy. Manage tax team and respective business lines to implement tax strategy. Prepare and review tax planning projections for corporate estimated tax liability and annual effective tax rate. Conduct tax research and presents findings and conclusions to senior management. Communicate directly with senior management and outside tax counsel regarding various tax matters and engage in consulting and special projects. Serve as key liaison for IRS and state agency audits, inquiries and tax notices. Provide support for both internal and external audits. Review deliverables prepared by outside tax counsel including, but not limited to, tax returns, extensions and tax planning calculations to ensure they are in line with company expectations.
Manage quarterly and annual tax provision preparation. Review assumptions used and calculation of tax liability for all corporate entities on a consolidated and standalone basis. Maintain effective control procedures over all aspects of the tax provision process. Manage staff of the tax team and review deliverables of the tax team, including reconciliation of tax general ledger accounts.
Corporate Filing and Tax Compliance:
Facilitate the preparation of the company's consolidated federal, state and local income tax returns prepared by KPMG and ensure their accuracy and timely filing. Review tax returns for completeness and accuracy, as well as other deliverables provided by third parties, such as estimate calculations and accounting method changes. Oversee the filing of the sales and use tax and personal property tax returns across various jurisdictions and coordinate related remittance payments. Ensure accurate and timely filing of other ancillary obligations, including: extensions, estimates, and annual Form 945.
Responsible for the review of third party contracts to ensure that they are accounted for appropriately for both tax and book purposes. Provide support for accounting principles, including, but not limited to: reviewing data processing general ledger accounts, assisting with Accounts Payable, assisting with year-end 1099 and W-2 reporting. Manage accounting for Fixed Assets and Construction in Process accounts, including, but not limited to: review of new fixed asset additions and disposals, and capitalization of building renovations, ensuring appropriate classification and adherence to the company's Fixed Assets Policy. Oversee accounting for leases to ensure compliance with accounting and tax guidelines. Support the tracking and reporting of capital expenditures across the company and facilitate the projection of depreciation expense for budgetary purposes.