JOB DESCRIPTION
General Purpose:
- Prepares monthly and quarterly sales/use tax returns and ensures the returns and associated tax payments are made on a timely basis (includes making monthly tax accrual for Minnesota compressor fuel use tax liability).
- Reviews monthly tax accruals for appropriateness. (25-30%)
- Answers technical questions about the application of sales and use taxes to specific transactions or invoices. Makes changes to sales and use tax rates in proprietary software. (10-15%)
- Reviews tax holds on a daily basis and researches issues to resolve holds. (10-15%)
- Assists with updating the monthly forecast for taxes. (10-15%)
- Supports FERC regulatory reporting and rate case filings in regards to sales/use and property tax. Prepares Form 2 schedules related to taxes. (10-15%)
- Assists in preparing responses related to audits by federal and state tax authorities. Prepares the initial company response with the assistance of the manager. (5-10%)
- Researches complex tax questions as needed. (5-10%) Prepares special projects or tax filings as assigned. (5-10%)
- Identifies potential tax issues, opportunities for tax savings, and ways to make assigned tax compliance more efficient. (5-10%)
- Helps maintain permanent tax files and records. (5-10%)
- Enhances knowledge of tax trends and best practices by reading technical newsletters, attending tax seminars and conferences, and networking with other tax professionals within the company. (5-10%)