Sales and Use Tax Accountant

Company: Tax Analysts
Location: Falls Church
Posted on: June 25, 2022

Job Description:

We are hiring a Sales and Use Tax Accountant to join our small but dynamic Finance team. We have a hybrid work environment with 2 days working remotely, and 3 days in office.SUMMARY: The Sales Tax Accountant is responsible for all aspects of the sales tax accounting operations of the company. This includes daily activities related to assuring customers are taxed properly, exemptions are properly documented, customer tax disputes are resolved, and use tax is properly applied. We are seeking a mid-level professional with technical experience in Sales Tax, who possesses good analytical skills and is experienced in improving systems and processes.ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned to meet the department's objectives.

• Maintenance of sales tax remittance system (OneSource) and procedures, including sales tax exemptions, audits, queries, and Voluntary Disclosure Agreements (VDA)
• Monthly check on sales tax compliance for all states
• Identify and confirm all sales tax exemption data; collect, retain and upload exempt certificates for exempt customers when an exemption certificate is received.
• Review invoices for correct sales and use tax; checking customer status and applicable sales tax rates
• Prepare and file monthly/quarterly sales and use tax returns timely, efficiently and accurately
• Take advantage of early/on-time filing discounts with states that offer it
• Prepare check requests as needed for compliance
• Review & analyze Company's sales tax data and returns; Insure all payments for sales tax are properly recorded in the general ledger
• Reconcile all transactions and state submittals to the general ledger monthly; Prepare and record general ledger journal entries as needed
• Identify and document Company's business requirements related to sales and use tax
• Respond to state and local notices, assessments, and inquiries
• Assist/manage audits of sales and use tax state and local filings
• Prepare and maintain accounting provisions for sales tax; Research sales tax issues and provide guidance based on jurisdictional tax laws and regulations
• Provide recommendations on tax-related regulations, rules, processes, and transactions to ensure effective and efficient tax compliance
• Filing of annual business licenses and associated compliance
• Ensure that appropriate internal controls are in place over accounting for sales & use tax reporting
• Prepare filings related to business licenses, personal property taxes and gross receipts taxes
• Maintain accurate financial records, including but not limited to, balance sheet account reconciliations, documentation of all cash paid for taxes, journal entry support, and appropriate detail for ad hoc analysis.
• Monthly bank reconciliations
• Perform other related duties or special projects as assigned.KNOWLEDGE & SKILLS:
  • Ability to prioritize and multi-task. Responsive to unpredictable business demands. Able to keep multiple projects on track simultaneously and work well under pressure and short deadlines.
  • Initiative and self-management: Demonstrate no need or close supervision or instruction for routine tasks. Be proactive and make proposals. Bring problems with your suggested solution.
  • Expert knowledge of accounting for sales and use tax and general ledger transactions
  • Excellent oral, written and presentation skills.
  • Advanced financial and adhoc reporting skills.
  • Ability to research, analyze, make recommendations, and evaluate financial reports to improve the organization.Tax Analysts requires new team members to be fully vaccinated or become fully vaccinated within 60 days of start date.About Tax AnalystsFounded in 1970, we are a non-profit global publisher and the essential source of news and analysis for over 150,000 tax professionals, with correspondents in more than 125 countries, and a staff of almost 200. Tax Notes is the name of our publications. You can get an idea of our work at www.taxnotes.com.Tax Analysts offers opportunities to work from home and a casual work environment in the office -- relaxed dress code and pet friendly - where talented individuals come together to produce great work. Here you will have the opportunity to pursue a fulfilling career and still have time for what's important to you personally.. We're proud to have been named a Top Workplace in the D.C Metro area by the Washington Post, and a Top Workplace by Energage in 2021 & 2022. We strive to offer a realistic work/life balance, competitive compensation, and a generous benefits package.Requirements
    • Bachelor's Degree in Accounting/Finance OR Bachelor's Degree and CPA eligible
    • 3 - 5 years of progressive finance/accounting experience.
    • Proficiency in Excel is required
    • Must be inquisitive & willing to explore issues until reaching a logical/supported solution
    • Detail oriented with an ability to critically analyze data & reports
    • Experience filing sales and use tax returns preferred
    • Experience with tax software preferred
    • Technology savvy with advanced knowledge of accounting and reporting software with NetSuite and OneSource preferred.
    • Personal qualities of integrity, credibility and a proactive, hands-on strategic thinker.Benefits
      • Health/Dental/Vision: $0 employee plans, family plans start at $65/month
      • 401K: Immediately vested, 4% match
      • Parental leave: 5 weeks paid
      • Tuition assistance
      • Qualified employer under the Public Service Loan Forgiveness program (PFSL)
      • Paid Time Off (13 days vacation to start, 13 days sick, 11 holidays)
      • Pet-friendly office
      • Private gym onsite

Keywords: Tax Analysts, Washington DC , Sales and Use Tax Accountant, Accounting, Auditing , Falls Church, DC