Sales and Use Tax Accountant
Business Unit: Business Process Shared Services
Requisition Number: 237542
Primary Location: United States-Florida-Orlando
Assignment Category: Full-time regular
Experience Level: Mid level
Education Required Level: Bachelor's Degree
Travel Required: 5%
Siemens is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationally for more than 165 years. As a global technology company, Siemens is rigorously leveraging the advantages that this setup provides. To tap business opportunities in both new and established markets, the Company is organized in seven Divisions: Power and Gas, Power Generation Services, Energy Management, Building Technologies, Digital Factory, Process Industries and Drives, and Financial Services.
Our support functions are split into two organizations, Corporate Core and Corporate Services. These organizations provide essential services to better enable responsible and profitable growth.
For more information,please visit: http://www.siemens.com/us/en/home/company/about/businesses.html
You will be an integral part of tax team. Major areas of responsibility include: completing the monthly compliance cycle in a complex multi-jurisdiction environment; leading, coordinating, and participating in sales and use tax audit defense, reverse audits, tax consulting, tax planning, tax accounting and special projects to achieve. You will be responsible to insure Siemens Operating Companies are in compliance with transactional tax and business license (taxes) requirements while achieving assigned objectives and targets.
You will report to the Director Functional Tax Services of Siemens Corp. The mission of the department is to provide comprehensive support to all represented Siemens Operating Companies for transactional taxes including: Sales and Use taxes, Property taxes, Business Licenses; 1042 compliance, and annual reports. You will be an individual contributor who demonstrates leadership skills, a comprehensive knowledge and principles of sales and use taxes. This position will interface with both internal and external contacts. External contacts will include taxing authorities, vendors, and partners.
Review and follow up of funding request to insure payments are made to meet filing deadlines.
Complete compliance activities to ensure Functional Tax Services (FTS) complies with SOC service level agreements.
Participate in weekly partner calls, partner compliance activities, complete the monthly and yearly nexus reviews.
Complete the filing of refund claims identified in the account reconciliation process.
Follow up on all refund claims filed and receive funds within 365 days.
Provide registration and license recommendations and requirements to team members for processing to keep SOC’s in compliance.
Provide tax analysis, planning, control and reporting for the business consistent with the Siemens guidelines and requirements for contract negotiations.
Document, comply, monitor, evaluate and update internal state and local tax policies and procedures and recommend alternatives to ensure compliance and reduce tax overspending.
Research, analyze and prepare multi-state business and affiliate state and local tax refund opportunities.
Recommends and implement process changes that reduce potential exposure
Prepare and conduct multi-state and local tax training workshops for the business and affiliates.
Identify, communicate, and conduct strategic audits/refunds to recover sales/use tax exposure amounts and overpayments
Compile, organize, document, and communicate business data for state and local taxing authorities to lead and conduct assigned business sales and use tax audits to minimize sales/use tax exposure amounts and overpayments
Communicate audit results as defined by FTS format and follow up on recommended improvements to decrease tax exposure identified.
File and pursue refund opportunities identified in external/ internal audits and identified overpayments.
Recommend, drive, and follow through on compliance process improvements to increase efficiencies and reduce tax exposure
Execute FTS SOX’s review and reporting requirements
Timely complete monthly compliance metrics
Prepare and recommend audit accrual reserve calculations.
Timely and accurately completing tax adjustments by obtaining the appropriate documentation and making entries into the ERP system.
Participate in sales and business licenses tax compliance segment of migrations for new SOC migrations by following established project plans. Sample task can include: Establishing tax filing calendars, verifying data sources, reviewing parallel tax returns, verifying and ICC payment methods and vendors.
5+ years of sales & use tax compliance and audit experience with multi-state
Ability to manage several projects and have strong attention to detail
Provide sales & use tax analysis, concepts and consulting around practices and procedures with internal and external customers
Ability to operate in multiple ERP systems (i.e. SAP)
Demonstrated knowledge of tax compliance systems (i.e.Vertex)
Prior experience with a major company or governmental entity preferred
CMI certification highly desirable
Advanced level skills in Excel, Word, Outlook, and Power Point
CMI certification highly desirable