Senior Tax Analyst

Senior Tax Analyst

Primary Location: Toronto ON or Parsippany NJ

Schedule: Hybrid (1 day in office) from our Toronto ON or Parsipanny NJ office

Reports To: Sr. Tax Manager

Compensation: $85,000.00 - $100,000.00 + bonus + benefits.

This position requires the incumbent to work from the office 1 day per week.

Chemtrade is committed to delivering innovative solutions that address the complex challenges faced by our customers. As a responsible corporate citizen, we prioritize safety, sustainability, and environmental stewardship in all aspects of our operations. Our talented and diverse workforce is at the heart of our success, as we recognize that their knowledge, skills, and dedication drive our ability to deliver exceptional products and services. At Chemtrade, we believe in creating an environment where everyone feels valued, respected, and empowered to contribute their unique perspectives and talents. By putting people at the center of our operations, we build strong connections, nurture innovation, and create a fulfilling work experience for all.

About This Role and About You

The Senior Tax Analyst will report to the Senior Tax Manager and indirectly to the Vice President, Taxation, and will play a key role in supporting current and evolving U.S. tax compliance requirements, tax audit defense, consolidated tax accounting and financial reporting, global tax operations and assist in carrying out tax planning projects or initiatives. The Senior Tax Analyst will prepare or review required tax deliverables and will work closely with all members of the Canadian and US tax teams.

Environmental, Health and Safety Responsibilities

• Become familiar with Chemtrade Environmental, Safety & Health (ES&H) policies and procedures.
• Immediately report all ES&H incidents (injuries, near misses, releases).
• Complete all required ES&H training in a timely fashion.
• Follow all Chemtrade facility and corporate ES&H procedures and practices.
• Attend and actively participate in facility ES&H meetings and forums that will drive employee involvement.
• Provide feedback and suggestions for ES&H program improvement.
• Participate in job safety analysis activities.

Qualifications

• 3+ years relevant experience working in a large, complex, multi-national company or major accounting firm.
• US CPA designation or in-progress pursuit of CPA designation preferred
• Bachelor's degree required, advanced degree (MAcc, MTax, MBA) is an asset
• In-depth knowledge in the areas of US corporate taxation and tax accounting is required.
• Knowledge in international tax, transfer pricing, and sales & use tax are assets
• Experience with Longview Tax and SAP an asset
• A motivated individual with an interest in developing expertise in the tax area
• Strong attention to detail and accuracy
• Ability to evaluate, analyze, prioritize work under tight timelines, and problem solve a variety of tasks to ensure timely and accurate completion of responsibilities
• Team player with good communication, negotiation and presentation skills to interface with cross-functional team members and build strong working relationships with the global tax team

Responsibilities

• Tax Compliance (30%)
• Support the preparation of US tax returns if needed (i.e. provide data and information).
• Responsible for the accurate and timely review and filing of all U.S. Federal and State tax returns and information returns, prepared by third party consultants.
• Review quarterly Federal and State estimates and annual filing extensions.
• Assist with remitting all direct and indirect tax payments to taxing authorities.
• Assist with maintenance and filing of business tax licenses and ensuring validity.
• Assist the business in research of all tax matters: income, sales & use, property tax, etc.
• Tax Accounting (30%)
• Prepare quarterly tax provision, related note disclosures, and supporting analysis working papers, as well as assisting with management of external auditor queries.
• Assist in analyzing deferred tax recognition, tax contingencies, and assess impacts of new tax or accounting rules, including modelling potential financial impacts and writing position memos.
• Assist in forecasting tax rate and cash taxes for internal plans and external guidance.
• Prepare and record tax journal entries to be reviewed by the Senior Tax Manager and Vice President of Tax.
• Reconciliation and true up of tax accrual account balances at the end of the year.
• Transfer Pricing (25%)
• Support transfer pricing calculations, documentation, benchmarking studies, and intercompany transaction analysis.
• Prepare analysis, calculations and entries for intercompany transactions (including allocations) on a monthly, quarterly and annual basis.
• Ensure that the process is well documented and suggest key improvements to make it more efficient and accurate.
• Tax Audit Support (10%)
• Ensure maintenance of audit-ready working papers.
• Support income, sales & use, and property tax audit defense in U.S., and assist with global audits (international tax, transfer pricing, foreign subsidiaries) where necessary.
• Tax Operations and Projects (5%)
• Play a key role in process improvement, process automation, technology implementation and change management.
• Assist with non-routine tax or business-initiated transactions or projects, as requested, which may include legal entity or debt reorganizations, loss utilization strategies, cash repatriation, cross border transactions, M&A and legal contract review.
• Assist with monitoring and maintaining income tax and indirect rates in various financial systems, as well as monitoring for relevant changes in tax rules and regulations.
• Drive knowledge sharing and cross-training efforts.
• Participate in special projects/adhoc reporting as requested.

What Chemtrade Offers You

Embracing Diversity, Maximizing Results

At Chemtrade we are committed to cultivating a work environment that embraces and values the unique qualities of every employee. We believe in harnessing the richness of diverse talents, ideas, backgrounds, experiences, and perspectives to drive our business forward. Our vision is to create a workplace where all individuals feel respected, empowered, and inspired to contribute their experiences, ideas, and perspectives.

In our culture, we celebrate multiple approaches and viewpoints. To foster an inclusive environment, we actively encourage the creation of Employee Resource Groups. These groups provide platforms for employees to share their unique perspectives, contribute their ideas, and help shape our inclusive culture. Together, we strive to build a workplace that recognizes and celebrates the diverse voices within our organization.

We recognize that the diversity of our employees is paramount to our organization's success. It is through the diversity of perspectives that we develop and shape programs and tools that support our employees' growth and career management.

Join us in our journey towards building an inclusive workplace that values diversity and promotes the personal and professional development of our employees.

We recognize the immense value of Employee Resource Groups (ERG's) in fostering an including and supportive work environment. Our ERG's serve as vital platforms for employees to connect, share experiences, and celebrate their unique backgrounds and perspectives.

We firmly believe that diversity drives innovation and fuels our success as an organization. By encouraging the formation of ERG's, we aim to create a workplace where all individual feel empowered to bring their whole selves to work and contribute their diverse talents and ideas. Additionally, we understand the importance of work-life balance and the well-being of our employees and their families. That is why we proudly offer a range of family-friendly benefits, and opportunities for career growth and advancement.

We are committed to supporting our employees at every stage of their lives and ensuring they can thrive both professionally and personally. Join us and be a part of a company that values diversity, inclusion and the well-being of its employees.