Sr. Analyst, Federal Income Tax Compliance & Global Tax Provision
Company: BAXTER
Location: Cary
Posted on: August 7, 2022
Job Description:
This is where you save and sustain lives At Baxter, we are
deeply connected by our mission. No matter your role at Baxter,
your work makes a positive impact on people around the world. You
ll feel a sense of purpose throughout the organization, as we know
our work improves outcomes for millions of patients. Baxter s
products and therapies are found in almost every hospital
worldwide, in clinics and in the home. For over 85 years, we have
pioneered significant medical innovations that transform
healthcare.Together, we create a place where we are happy,
successful and inspire each other. This is where you can do your
best work. Join us at the intersection of saving and sustaining
lives- where your purpose accelerates our mission. Your Role at
Baxter This is where your insights influence change.As a Sr.
Analyst at Baxter, you have the opportunity to work with our
internal team as well as collaboratively with the teams we support.
As a valued member of our finance organization, your insights and
technical expertise will support our operations and contribute to
our goals. Your Team Baxter is a large, global company that
provides rich opportunities to develop professionally and learn
from one another. Our mission to save and sustain lives is backed
by a strong business model and over 90 years of success and
growth.This position will take a hands-on role in the preparation
and filing of Baxter s U.S. consolidated federal income tax return,
including the preparation and filings of any estimated and
extension tax payments related thereto, and the preparation of key
calculations necessary for Baxter s global tax provision and
reporting. This role will also prepare responses to information
document requests issued by the IRS related to federal income tax
matters to be reviewed by Tax Management.Lastly, this role will
support quarterly and annual tax provision SOX requirements and
assist in administering Baxter s global tax provision software.
This role will report to the Senior Manager, Domestic Tax
Compliance & Audit but will also have a dotted line reporting
relationship to the Senior Manager, Tax Provision & Projects. What
you'll be doing
- Support the U.S. federal income tax compliance process in order
to meet external filing requirements. This includes following
internal deadlines and leading multiple workstreams in order to
prepare and e-file the U.S. consolidated federal income tax return
in a timely and accurate manner
- Prepare U.S. federal proforma returns and consolidated return
items, including any book-tax adjustments. In certain instances,
this role may also review work performed by other staff
members
- Prepare key calculations necessary for Baxter s global tax
provision and reporting, including, but not limited to, quarterly
global annual effective tax rate, UTP reserve calculations, cash
tax forecasts, valuation allowance analyses, reconciliation
workpapers, and quarterly tax provision journal entries
- Prepare federal income tax payments and extensions
- Prepare and analyze any federal return-to-provision adjustments
after the U.S. consolidated federal income tax return is filed
- Follow the U.S. federal income tax return filing and quarterly
global tax provision calendars to ensure compliance with all
deadlines
- Provide support on annual and quarterly U.S. federal tax
provision calculations, including any book-tax adjustments
- Support quarterly and annual tax requirements for SOX
compliance
- Assist with the administration of the global ONESOURCE Tax
Provision (OTP) software to support the tax provision
processes
- Assist with implementing process improvement matters related to
the federal income tax return compliance and global tax provision
processes, including but not limited to reformatting workpapers to
drive efficiencies and automation opportunities to reduce/eliminate
non-value add work
- Prepare responses to information document requests and tax
notices issued by the IRS related to federal income tax matters to
be reviewed by Tax Management What you'll bring
- 3-5 overall years corporate federal income tax and/or tax
provision (ASC 740) background
- Proficient in CorpTax and/or OTP is preferred
- Accounting undergraduate degree required and CPA preferred; MST
highly preferred The successful candidate for this job may be
required to verify that he or she has been vaccinated against
COVID-19, subject to reasonable accommodations for individuals with
medical conditions or religious beliefs that prevent vaccination,
and in accordance with applicable law. Equal Employment
OpportunityBaxter is an equal opportunity employer. Baxter
evaluates qualified applicants without regard to race, color,
religion, gender, national origin, age, sexual orientation, gender
identity or expression, protected veteran status,
disability/handicap status or any other legally protected
characteristic. EEO is the Law EEO is the law - Poster Supplement
Pay Transparency Policy Reasonable Accommodations Baxter is
committed to working with and providing reasonable accommodations
to individuals with disabilities globally. If, because of a medical
condition or disability, you need a reasonable accommodation for
any part of the application or interview process, please click on
the link here and let us know the nature of your request along with
your contact information. Recruitment Fraud Notice Baxter has
discovered incidents of employment scams, where fraudulent parties
pose as Baxter employees, recruiters, or other agents, and engage
with online job seekers in an attempt to steal personal and/or
financial information. To learn how you can protect yourself,
review our Recruitment Fraud Notice . 066350
Keywords: BAXTER, Elgin , Sr. Analyst, Federal Income Tax Compliance & Global Tax Provision, Accounting, Auditing , Cary, Illinois
Didn't find what you're looking for? Search again!
Loading more jobs...