Tax Analyst
Rosemont, IL 
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Posted 24 days ago
Job Description

Scope of Role

We are looking for a Tax Analyst to join our growing tax department to support our domestic tax process. This collaborative position will report directly to the Domestic Tax Director and work closely with the Tax Accounting Manager. The role will provide support for domestic tax compliance, consulting, and accounting (ASC 740). This position provides the individual with an opportunity to work in a dynamic environment of a Fortune company. We are looking for a self-starter who is not afraid to tackle large datasets, has strong verbal and written communication skills, and thrives working both independently as well as in a team environment. The position has the flexibility for the individual to make an impact on the organization, as many of the modeling and calculations will contribute to the company's business strategies. There is opportunity for the individual to provide input on improving tax processes. This individual will need to stay current to US tax concepts through training and research, as the US tax environment continues to evolve.

Key Responsibilities

  • Assist in preparation and review of quarterly global income tax provision, including review, maintenance, and reconciliation of tax general ledger accounts.

  • Collaborate with global controllers to collect tax account activity, review balances, record return-to-provision analysis, and provide journal entries as needed.

  • Assist in collecting and analyzing financial data for purposes of calculating the US quarterly and year-end income tax provisions.

  • Support the process of updating and maintaining CorpTax Provision software.

  • Assist in analyzing and documenting tax positions for reserves and allowances.

  • Prepare and review U.S. federal pro forma and consolidated returns by obtaining and analyzing applicable financial data and completing required forms.

  • Prepare and review state and local income and franchise tax returns by obtaining and analyzing applicable financial data, preparing state allocation and apportionment schedules and completing required forms.

  • Prepare and review calculation of quarterly tax estimates for U.S. federal, state and local and franchise tax purposes.

  • Perform research and prepare calculations relating to specific tax positions, and issues, and special projects relating to domestic or international tax.

  • Assist in the coordination and management of U.S. federal, state and local and foreign income tax audits.

  • Assist in tax planning focused on minimizing business related taxes.

  • Initiate and assist in the implementation of departmental process improvements utilizing key technologies such as Excel and Alteryx.

  • Developing entry level associates such as tax interns or tax analysts.

  • May assist in due diligence data reviews during acquisitions and integration of new business

Professional Experience/ Qualifications

  • Bachelor's degree in Accounting or related field with CPA, MST preferred
  • 5+ years' experience in either public accounting or industry accounting, with a focus in corporate taxation
  • Strong tax technical and tax research skills.
  • Experience with direct tax software (e.g. Corptax, OneSource) preferred as well as experience with ERP systems (e.g. SAP, Oracle) and consolidation systems (e.g. Oracle Hyperion, OneStream)

#LI-Remote

Benefits
  • Medical, Dental, Vision and Prescription Drug Coverage

  • Spending accounts (HSA, Health Care FSA and Dependent Care FSA)

  • Paid Time Off and Holidays

  • 401k Retirement Plan with Matching Employer Contributions

  • Life and Accidental Death & Dismemberment (AD&D) Insurance

  • Paid Leaves

  • Tuition Assistance

About Regal Rexnord


Regal Rexnord Corporation ("Regal Rexnord") is a leading manufacturer of electric motors, electrical motion controls, power generation and mechanical power transmission products and sub-systems, serving customers around the world in the general industrial, consumer, commercial construction, food & beverage, and alternative energy end markets, among others. Regal Rexnord sells its products and solutions to OEMs, through distributors, and directly to end-users. Regal Rexnord is a $7.2B company with 36,000 associates globally.

You may not know it, but Regal Rexnord impacts your life every day. The company's products enable the fans in HVAC systems that keep us comfortable; the power source that keeps smart buildings running; the agricultural and food service equipment that keeps us fed; and the conveyer systems that keep e-commerce flowing, to name a few of the applications where our products are used.

Regal Rexnord's business purpose is to create a better tomorrow by energy-efficiently converting power into motion. This means creating innovative solutions while focusing on both customer needs and the company's commitment to sustainability. The company's industrial powertrain and automation solutions offerings are an important part of the company's growth strategy. The company's strategy includes leveraging 80/20 to prioritize all activities, including product excellence, operational excellence and commercial excellence (i) driving organic sales growth through the introduction of innovative new products, with a particular focus on improving energy efficiency, (ii) establishing and maintaining new customers, as well as developing new opportunities with existing customers, (iii) participating in higher growth end markets and geographies, and (iv) identifying and consummating strategic, value creating acquisitions.

Equal Employment Opportunity Statement

Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, age, ancestry, national origin, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills. If you'd like to view a copy of the company's affirmative action plan or policy statement, please email . If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail .

Equal Employment Opportunity Posters

Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.


Equal Employment Opportunity Employer: Female/Sexual Orientation/Gender Identity/Minority/Veteran/Disabled

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
5+ years
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