State & Local Tax Job Description
State & local tax
provides support to multiple Indirect Tax functions (sales and use tax, property tax, bottle deposits/beverage taxes, credits & incentives).
State & Local Tax Duties & Responsibilities
To write an effective state & local tax job description, begin by listing detailed duties, responsibilities and expectations. We have included state & local tax job description templates that you can modify and use.
Sample responsibilities for this position include:
Team with partners, senior managers, and others on proposals and business development calls to coordinate issues (planning and exposures) with recurring engagement teams after transaction
Prepare returns for more complex State and Local Tax returns including Income and Franchise Tax, Sales and Use Tax, Property Tax, and demonstrate an understanding of increasingly complex tax concepts
Assist with leadership of the SALT function of the firm’s tax due diligence practice and identify and follow-up on tax planning opportunities to include assisting in the review of target companies for a variety of industries, particularly the manufacturing, distribution, and service industries
Identify and lead practice development/networking activities to help continue to build the practice, promote other firm series, and onboard target companies after acquisition
Centralization of all state audit notices
Confirm open years for statute of limitation purposes
Create an Information Document Request (IDR) log for each audit
Help clients assess their state and local tax burden by recommending solutions that support their overall business objectives and provide support so that their filing positions are consistent with good business practices and with the states' applicable tax laws and rules
Assist a broad range of companies on income tax matters, including nexus determinations, tax shelter reporting rules, tax controversies, voluntary disclosures, and add-back safe harbors
Assist businesses in complying with FASB Interpretation No
State & Local Tax Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for State & Local Tax
List any licenses or certifications required by the position: CPA, JD, MST, CMI, MS
Education for State & Local Tax
Typically a job would require a certain level of education.
Employers hiring for the state & local tax job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Taxation, Finance, Law, Graduate, Economics, Business, Public Accounting, Education, Technical
Skills for State & Local Tax
Desired skills for state & local tax include:
Tax software and technology
Credits and Incentives
Sales and Use Tax
State Income/Franchise Tax
With Property Tax
Planning
Relevant state tax concepts
Vertex
Development
Execution of sales and transactions tax refund claims
Desired experience for state & local tax includes:
Recognize and communicate potential risks
Identify potential changes in the tax policy
Make top-level decisions regarding filing and preparation and handle questions from federal or state agencies
Assist multi-state Alternative Investment companies with state and local tax controversies which includes preparing clients for discussions with auditors, representing the client at hearings & appeal meetings, and preparing protests
Assist the firm's audit teams with review and analysis of state tax-related income and balance sheet items
Interact with Controllers and other interfacing areas to obtain information required to calculate and properly report apportionment, prepare required statements and disclosures
State & Local Tax Examples
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State & Local Tax Job Description
Job Description Example
Our company is hiring for a state & local tax. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for state & local tax
- Act as Information Services liason to jointly implement Vertex enhancements and changes
- Preparing other calculations used for firm-wide tax planning
- Attends continuing education events for self-development
- Provides California income/franchise tax expertise for the Firm
- Maintain and expand knowledge base in area of expertise, comply with continuing education requirements
- Manage and lead the staff through counsel, guidance and coaching
- Maintain and expand knowledge base in the multi-state tax area, comply with continuing education requirements
- Supervise, train, and mentor associates and interns on tax projects and assess performance of staff for engagement reviews
- Review tax returns done by staff and make recommendations on return preparation regarding accuracy and tax savings opportunities
- Deliver a full range of State and Local Tax services including state and local income and franchise tax return preparation and review, income and franchise tax research, preparation of technical memoranda, and drafting client correspondence
Qualifications for state & local tax
- Minimum of 2 years of related state and local tax experience
- Minimum 2+ years administrative/office management experience
- High School diploma or GED necessary
- Bachelor’s degree in accounting with 3 years experience working in the state and local tax area required
- Experience identifying and addressing client needs
- Three to five years of progressive State and Local Tax consulting and/or compliance experience in public accounting or a combination of corporate and public accounting experience
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State & Local Tax Job Description
Job Description Example
Our growing company is looking to fill the role of state & local tax. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for state & local tax
- Assist with various state tax compliance and planning projects as requested
- Act as Information Services liaison to jointly implement Vertex enhancements and changes
- Liaison with third party service providers who prepare sales and use tax returns
- Prepare/Review monthly Sales and Use Tax Account Reconciliations
- Perform occasional sales and use tax research
- Coordinate sales and use tax and property tax audits
- Review state and local income and franchise tax returns prepared by staff and make recommendations on return preparation regarding accuracy and tax savings opportunities
- Prepare and/or review state income tax estimated payments, extensions and tax returns
- Review tax returns for the historical tax periods to identify tax exposure and prepare tax models for use in evaluating targets and tax issues impacting cash flow
- Assist in reviewing legal documents to minimize risks identified during tax due diligence and prepare due diligence reports for clients summarizing the analyses and highlight key findings and recommendations
Qualifications for state & local tax
- Qualified individuals must reside in or near the Chicago or Southeast Michigan areas or be willing to relocate to the areas for this opportunity
- CPA, CMI or equivalent certification required
- Solid reputation in the market as a SALT advisor
- 2+ years of tax experience including state and local tax income and franchise tax
- Proficiency with MS Office suite of products tax preparation, compliance & research software
- Assist in projects to analyze new tax rules or positions in the area of state and local and indirect tax
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State & Local Tax Job Description
Job Description Example
Our company is looking for a state & local tax. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for state & local tax
- Assist with obtaining tax credits and incentives
- Review federal tax filing positions that will affect state compliance process
- Manage client-related engagement responsibilities, including client acceptance, client assignments, documentation, inventorying, indexing, filing, managing billable hours
- Effectively use the firm’s core technology applications, including MS Word, Excel, PowerPoint, Lync/Skype, SharePoint and Outlook
- Prepare and present tax updates for presentation to upper management, as requested
- Manage and perform state tax research projects to achieve an accurate and efficient state tax position
- Demonstrate knowledge of ASC 740 and ability to review state income tax accrual calculations
- Research taxability of various products and services for Linde business units and prepare matrices for internal distribution
- Provide transaction tax analysis for Linde project proposals
- Oversee sales tax education training for Linde Customer Service Administrators
Qualifications for state & local tax
- CorpTax software and e-filing experience preferred
- Minimum of three years’ experience in income tax preparation, with an emphasis on corporate income tax, in either a Fortune 500 company or a national/regional public accounting firm
- Software Preparation Experience
- Significant CorpTax experience
- Significant experience working with all types of entity taxes, including income, property, and sales and use
- Minimum of 5 years' Sales/Use tax experience in a public accounting firm
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State & Local Tax Job Description
Job Description Example
Our growing company is looking for a state & local tax. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for state & local tax
- Interacting with Controllers and other interfacing areas to obtain information required to calculate and properly report apportionment, prepare required statements and disclosures
- Preparing quarterly estimates of state taxable income
- Preparing various calculations required for ASC740
- Researches notices and follows up on refunds to ensure notices are sustained or reversed and to account for refund checks
- Reviews work papers to ensure accuracy, identify possible offset and exposure and make necessary adjustments
- Examines proposed state tax legislation and quantifies tax impact
- Processes tax payments and deposits refund checks to ensure payments/refunds are coded to proper general ledger accounts
- Analyzes tax return preparation information submitted by internal providers and follows up with questions for clarification and details
- Reviews methods for collection of data for filing returns to make recommendations for a more effective collection process
- Interacts with auditors during audit process to explain UPS's tax position
Qualifications for state & local tax
- Thorough specialized knowledge and understanding of US State and Local Tax and Indirect Tax
- Performs a variety of activities related to month-end financial closing, which details the Company's month-to-month financial condition
- Reviews monthly financial activity and ensures transactions are appropriately recorded in proper accounts, such as cost capitalizing vs
- Provides ongoing, proactive, specialized accounting advice and counsel to assigned lines of business to ensure clients are operating efficiently under applicable accounting rules and regulations
- CPA Certification a major plus
- Strong technical knowledge of SALT and accounting, SEC rules and requirements and knowledge of indirect tax compliance in the U.S. (i.e., sales & use tax) and other countries
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State & Local Tax Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of state & local tax. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for state & local tax
- Participate in planning of tax strategies and research of technical state tax issues
- Lead the development and growth of the following SALT projects
- Plan, prepare, review, and file multi-state and local income and franchise tax returns
- Prepare Company’s state extensions and estimated income tax payment calculations on a quarterly basis
- Preparation of the state effective tax rate calculation and proof of state deferreds for year-end tax provision for State Tax Management
- Assist with state and local income and franchise tax audits by working with State Tax Management to resolve any issues raised by auditors and provide support for financial reporting purposes
- Perform tax research on the new and proposed state tax laws affecting the Company’s state tax return filings
- Reconcile all general ledger accounts relating to state taxes, including contingent state tax liabilities on a quarterly basis including but not limited to maintaining summary reconciliations of all state tax general ledger accounts
- Prepare state and local cash flow/payment projections for State Tax Manager
- Prepare responses to state and local tax compliance notices and update state and local tax notice log on a regular basis
Qualifications for state & local tax
- Work with various functions within Finance, Financial Control, Product Control, GEPS, and HR Finance to provide support and receive data
- Seven to nine years of progressive State and Local Tax consulting and/or compliance experience in public accounting or a combination of corporate and public accounting experience
- Excellent communication (both verbal and written) and organizational skills
- 4 years of experience as Tax Analyst
- State income tax experience
- At least seven years of experience in a related field, including strong experience with state and local income tax research and compliance