Income Tax Accountant

Kforce has a client that is seeking an Income Tax Accountant in Wayne, NJ. Key Responsibilities: Income Tax Provision & Reporting:

• Assist with the preparation of quarterly and annual income tax provisions in accordance with ASC 740
• Support the calculation of current and deferred tax positions
• Prepare and analyze tax account reconciliations
• Assist in the preparation of tax-related financial statement disclosures
• Monitor and document changes in tax regulations and assess financial reporting impacts

• Prepare and review federal, state, and local income tax workpapers
• Support the completion of corporate income tax returns and extensions
• Coordinate with external tax advisors and auditors during compliance and audit activities
• Maintain tax calendars and ensure timely filing of tax-related obligations
• Assist with tax notices and audit inquiries from taxing authorities

• Research and analyze tax issues, regulations, and emerging legislation
• Prepare supporting documentation and memorandums for tax positions
• Evaluate the tax impact of business transactions and accounting changes
• Assist with tax planning initiatives and process improvements

• Partner with Accounting, FP&A, Treasury, Payroll, HR, and Legal teams to obtain information needed for tax reporting and compliance
• Support external audits and respond to information requests
• Collaborate with internal stakeholders to ensure tax implications are properly considered in business decisions

• Identify opportunities to improve tax processes, controls, and documentation
• Assist with automation and efficiency initiatives within the tax function
• Maintain organized tax records and supporting schedules
• Bachelor's degree in Accounting, Finance, or related field
• 3-7 years of corporate income tax, public accounting, or tax consulting experience
• Experience with ASC 740 tax accounting and tax provision calculations
• Strong knowledge of federal and state income tax principles
• Understanding of corporate tax compliance processes
• Strong analytical, research, and problem-solving skills
• Advanced proficiency in Microsoft Excel, including VLOOKUPs, Pivot Tables, and complex formulas
• Excellent organizational skills and attention to detail
• Strong written and verbal communication skills
• Ability to manage multiple deadlines and priorities in a fast-paced environment

• CPA certification or CPA candidate
• Public accounting experience, preferably with a national or regional firm
• Experience with OneSource, Corptax, Vertex, Alteryx, or similar tax software
• Experience supporting multinational or publicly traded organizations
• Knowledge of international tax concepts and transfer pricing

• Income Tax Accounting
• ASC 740 Tax Provision
• Tax Compliance & Reporting
• Financial Analysis
• Tax Research
• Problem Solving & Critical Thinking
• Attention to Detail
• Cross-Functional Collaboration
• Process Improvement