Tax Accountant I

Mitsubishi Heavy Industries America, Inc. (MHIA) is looking for a Tax Accountant to join our team. This is a hybrid role based out of our Houston, TX Office.

 

ABOUT MITSUBISHI HEAVY INDUSTRIES AMERICA, INC. (MHIA):

For over 130 years Mitsubishi Heavy Industries (MHI) Group’s innovative and integrated solutions have demonstrated our commitment to creating a positive social impact around the globe. Our range of products and services are tailored to meet our customers’ evolving needs across the commercial aviation, energy, transportation and infrastructure, machinery, defense and space systems sectors.

Our culture embraces diversity and cooperation, and we promote a healthy balance of professional and personal development, ensuring that your ideas and expertise are valued and respected.

 

SCOPE:

Reporting to the Tax Manager, the Tax Accountant actively participates in the corporate tax department responsibilities to ensure compliance with federal and state tax reporting requirements and ASC740 Accounting for Income Taxes, including supporting tax audits as well as accounting during the quarterly close process.

 

JOB RESPONSIBILITIES

 

• Tax Compliance
  • Assist with preparation of tax information for federal corporate income tax returns.
  • Assist with the preparation of State returns, including apportionment data for state income and franchise tax returns.
  • Assist in the preparation of the annual Tax Basis Balance Sheet
  • Assist in the quarter-end and year-end tax accounting reporting process
  • Oversee workpaper preparation of all state and local income and franchise tax returns (stand-alone, combined, and unitary).
  • Prepare and review tax depreciation calculation and fixed asset reconciliation for provision. Manage Fixed Asset register for Accounting and Tax Compliance and related processes.
  • Assist with 1099 Reporting
  • Assist with Form 1042 and FBAR Reporting.
• Tax Accounting
  • Ensure proper application of ASC 740 and other tax accounting pronouncements, including those related to uncertain tax positions.
  • Review quarterly tax provisions, reconcile current and deferred taxes, and complete schedules for year-end audited statements. Ensure compliance with the financial close cycle calendar in coordination with accounting personnel
• Tax Notices and Audits
  • Participate in tax audits, assisting with the gathering of information and research of tax issues.
• Assist with other projects as necessary

 

 

QUALIFICATIONS & SKILLS

• Education Requirement: Bachelor’s degree in Accounting, Finance or related field or equivalent combination of education and experience.
• Experience: At least 2 years of Tax Compliance experience in Corporate Income tax (Federal and state).
• Any special skills/training/certifications:
  • Working knowledge of tax regulations and US GAAP accounting principles
  • Proficient in Microsoft Suite (Outlook, Word). Advanced Excel knowledge.
  • Experience with fixed assets and fixed assets software (SAP and/or SAGE) is a plus
  • Knowledge of SAP accounting software desirable;
  • Excellent verbal and written communication skills
  • Strong team player