Sr. Tax Specialist

Job Description

Title: Sr. Tax Specialist

Pioneer the next generation of innovation. Join us and you’ll develop your skills and expertise to the very highest levels, working in an international environment for a company known the world over for its brilliance.

Key Accountabilities: 

•  Coordinate third-party consulting engagements for specific tax projects (property tax return filings, Sales and Use tax return filings, fixed asset depreciation) and intercompany consulting with Rolls-Royce North America for tax preparation and support.
• Participate in audit defense efforts on all state/local level tax audits, including with state tax agencies, prepare responses to all information requests and coordinate activities on all tax audits.
• Research, summarize and review sales chain transactions for proper VAT reporting handling and review monthly VAT tax returns prepared by German third party consultant on behalf of US entity.
• Coordinate the preparation and approval of quarterly estimated, sales and use, audit and other required tax payments to State revenue agencies.
• Prepare monthly reconciliation of all tax accounts including investigation and resolution of all differences between tax records and general ledger accounts.
• Review and reconcile book vs tax fixed asset depreciation files maintained by a third party consultant.
• Review the submission of various tax related reports for information return filings (Form 1042s, 1099s, & FBAR) from GBS, prepare monthly cash tax forecasts, forecasted effective tax rates, and other corporate requests as needed.
• Support and assist in tax planning initiatives.
• Prepare, coordinate, and report on all tax-related internal control risks and controls for Rolls-Royce Solutions America Inc. including documentation of all tax-related processes and local work instructions within the Internal Control System (ICS).
• Maintain, update and report on local corporate government incentive programs for status of all specific tax incentives granted to Rolls-Royce Solutions America Inc.
• Prepare supporting documentation for various filings, including but not limited to State sales and use tax returns, exemption certificate preparation and review, other state and local business tax returns/credits/claims, information reporting and registrations, and all related supporting workpapers with Rolls-Royce North America tax team.
• Research and document all local return issues and positions.
• Prepare and assist with the preparation, review, audit, and reporting of information needed for hard close and year-end tax provision calculations for all US reporting entities.
• Maintain tax accounting records, effective tax rates, monthly and quarterly tax provision calculations and journal entries for all US reporting entities, where applicable.
• Keep management abreast of progress, developments and pending problems.
• Maintain knowledge of developments in the field of tax, finance, controlling and economic theory
• Promote a safety and compliance culture and live the letter and the spirit of the Rolls-Royce Code of Conduct
• Perform special projects as required.

Basic Requirements: 

• Applicants must be authorized to work for any employer in the U.S without sponsorship. We are unable to sponsor or take over sponsorship of an employment Visa at this time
• Bachelor's Degree in Accounting and 5 years’ experience in corporate tax management, specifically working with indirect taxes and consolidated income tax and multi-state taxes returns; or 9 years’ experience in corporate tax management, specifically working with indirect taxes and consolidated income tax and multi-state taxes returns.
• Ability to travel, domestic and international.
• US Certified Public Accountant (CPA).

Preferred Qualifications:

•  Extensive experience preparing and managing property taxes, sales and use taxes, 1099 and 1042 filings
• Strong experience with preparation of Tax Accounting transactions (ASC 740 or IAS 12).
• Excellent analytical ability and problem-solving skills when items are very complex.
• Excellent oral and written communication skills.
• Excellent interpersonal skills and the ability to work effectively with others.
• Strong tax knowledge of FBAR and FATCA regulation and compliance.
• Strong knowledge preparing federal, state and international tax returns for large, multinational corporations.
• Strong knowledge with IRS and state level tax audits.
• Strong knowledge of tax accounting principles and practices, and the analysis and reporting of financial and tax data.
• Strong organizational, planning, and follow-up skills.
• Strong negotiation skills.