Advanced Tax Analyst

Milliken & Company is a global manufacturing leader whose focus on materials science delivers tomorrow’s breakthroughs today. From industry-leading molecules to sustainable innovations, Milliken creates products that enhance people’s lives and deliver solutions for its customers and communities. Drawing on thousands of patents and a portfolio with applications across the textile, flooring, chemical and healthcare businesses, the company harnesses a shared sense of integrity and excellence to positively impact the world for generations. Discover more about Milliken’s curious minds and inspired solutions at Milliken.com and on Facebook, Instagram, LinkedIn and Twitter.

POSITION TITLE

Advanced Tax Analyst

 

POSITION OVERVIEW

The Advanced Tax Analyst accounts for income and other taxes, assists with federal and state tax audits, and prepares federal, state and local income tax returns for Milliken and its subsidiaries. Ensures compliance with all applicable tax laws while minimizing the company’s tax liabilities. Assists with tax research and planning and special projects. Maintains high ethical standards and supports the company’s reputation for integrity.

The position is located at the company’s corporate headquarters in Spartanburg, SC, and reports to the Director of State and Local Tax. Any travel would be minimal.

 

JOB RESPONSIBILITIES

• Timely and accurately prepare federal, state and local income and franchise tax returns. Minimize taxes by proper application of tax exemptions, claims, credits, abatements and other tax favorable methods.
• Assist with inter-period tax provision and allocation under ASC 740, record timing and permanent differences between income for financial and tax purposes and maintain tax basis balance sheets for deferred tax calculations.
• Aid research and special projects to implement tax strategies, reduce worldwide taxes, and/or document and support current tax positions.
• Work with federal, state and local tax authorities during audits or VDAs and negotiate favorable settlements of proposed assessments. Evaluate the prospects of further appeal or litigation. Perform ongoing review and research of state tax laws, court decisions, and administrative pronouncements to ensure the company’s compliance and identify opportunities for tax savings.
• Identify process optimization opportunities and coordinate implementation of enhancements.

 

QUALIFICATIONS – REQUIRED

• Bachelor’s degree in accounting, finance or business administration.
• 2-4 years’ experience with a major c