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WEG Electric Corp

Tax Analyst

WEG Electric Corp, Duluth, Georgia, United States, 30155

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Career Opportunities with WEG Electric Corp A great place to work.

Careers At WEG Electric Corp Current job opportunities are posted here as they become available.

The Tax Analysts primary responsibilities include working with internal and external partners to ensure all income tax and indirect tax compliance, audit, and accounting obligations are completed. Responsible for monitoring, preparing, and filings tax returns, analyzing tax regulations and providing support for information and management decisions.

Primary Responsibilities

Assist with the preparation of federal and state income tax returns, including but not limited to extracting and analyzing data from SAP system to ensure completeness and accuracy

Coordinates the filing of all federal, state, and local income tax returns

Review quarterly estimated federal and state income tax calculation prepared by external tax advisors

Ensure all tax filings and payments are made in a timely manner

Prepare and book monthly, quarterly, and annual tax provisions

Preparation and filing of indirect tax returns (sales/use, gross receipts, personal property, business license, and other regulatory filings)

Manage the sales tax compliance process for monthly, quarterly, semi-annual, and annual filings, to ensure accuracy and completeness

Maintenance and gathering of exemption certificates for various indirect tax types (OneSource)

Collaborate with Credit & Collections team on customer sales tax inquiries

Collaborate with AP team on providing appropriate exemptions to suppliers and respond to inquiries

Collaborate with Purchasing team to properly assess the taxability of business purchases

Perform multi-state taxability research and document conclusions, review potential overpayments and make recommendations for tax recovery efforts

Manage OneSource system and monitor its sales and use tax calculation for accuracy and completeness

Prepare Form 1099 annual filing

Maintain proof-of-payment documentation for all tax payments

Maintain documentation on all federal, state, and local tax accounts

Maintain tax filing calendar for all tax filings

Maintain and reconcile all tax related general ledger accounts, including tax fixed assets, and identify adjustments needed to align these accounts

Maintain and organize tax records and documentation supporting tax filings

Investigate tax notices and prepare responses

Prepare forecast of estimated tax payments for cash planning purposes

Analyze and interpret tax rules, regulations, policies, and procedures and assesses the company’s policies to ensure that taxes are prepared in compliance with tax legislation

Effectively research and document tax issues of moderate difficulty

Manage tax audits, including preparing responses and liaising with tax authorities

Coordinate and support special projects and initiatives related to tax planning and compliance (R&D, Transfer Pricing, Nexus, VDA, etc.) for all WEG USA companies, as needed

Manages tax planning, accounting and work paper preparation process considering federal, state, local, and international tax implications.

Collaborate on tax strategies with executive leadership team to support company initiatives and identify opportunities for tax savings

Prepare and submit US government agency reports (monthly, quarterly, annual)

Develops key financial metrics and reports on them to management

Experience

2-4 years of experience in federal, state, and indirect tax preparation, compliance and research

Knowledge/ training (preferred):

Experience with preparing tax provisions

Strong knowledge of federal and state tax laws and regulations

Strong computer and technical skills including MS Office applications, advanced Excel skills required

Experience preparing and filing federal and state income tax returns

Experience preparing and filing indirect tax returns (sales/use, gross receipts, personal property, business license, etc.)

Experience in Form 1099 reporting

Experience with federal and state income tax compliance process

Experience in all aspects of the sales & use tax compliance process

Experience in identifying tax saving opportunities and realizing the benefits thereof

Experience with SAP preferred

Experience with OneSource Indirect Tax highly preferred

Education

Bachelor’s degree in Accounting, Finance, or a related field.

CPA or equivalent certification preferred

About WEG Electric Corp. WEG is the largest industrial electric motor manufacturer in the Americas and one of the largest manufacturers of electric motors in the world producing more than 21 million units annually. Founded in 1961, WEG operates mainly in the sector of capital goods, having five main businesses: Motors, Energy, Automation, Coatings Transmission & Distribution, providing global solutions for electric motors, variable frequency drives, soft starters, controls, panels, transformers, and generators. The US corporate office is located in Duluth, GA with manufacturing units in Minnesota, Indiana and Missouri with over 30 thousand employees worldwide. Visit our website to learn more: www.weg.net

We offer a pleasant work environment, competitive compensation and full benefits package. To Apply: All candidates must submit an updated resume and complete our application in order to be considered for this position. You must be authorized to work in the United States without sponsorship. WEG does not offer visa sponsorship for this role.

We are proud to be an Equal Opportunity/Affirmative Action employer. Qualified applicants will receive consideration for employment without regard to race, sex, disability, veteran, or other protected status.

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