Business Unit: Tax
Requisition Number: 248298
Primary Location: United States-Florida-Orlando
Assignment Category: Full-time regular
Experience Level: Entry level
Education Required Level: Bachelor's Degree
Travel Required: 5%
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 and collaboration skills. In this you position will interface with both internal and external contacts. External contacts will include taxing authorities, vendors, and partners. You will report to the manager of Functional Tax Services of Siemens Corp.
Tax Compliance Activities
Timely submission of compliance data to partners to meeting filing requirements.
Assist as needed in following up on funding request to ensure payments are made to meet filing deadlines.
Complete compliance activities to ensure R2R US&CR TX (Record to Report Us and Costa Rica Tax) complies with SOC service level agreements.
As requested, 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 for companies supported.
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.
Tax Consulting/Strategic Planning
Assist in providing entry level tax analysis, planning, control and reporting for the business consistent with the Siemens guidelines and requirements for contract negotiations.
Identify tax issues and provide issues to systems support team for correction.
Prepare multi-state business and affiliate state and local tax refund opportunities, as directed.
Assist in the implementation of process changes that reduce potential tax exposure.
Assist in providing multi-state and local tax training workshops for the business and affiliates.
Tax Auditing/Reverse Audits
Assist senior level team members to complete the day to day work activities of the audit and consulting team to ensure the audit cycle is completed in a cost effective, accurate, and timely manner.
Identify, communicate, and conduct strategic audits/refunds to recover sales/use tax exposure amounts and overpayments.
Assist in compiling data for state and local taxing authorities for indirect tax audits.
File and pursue refund opportunities identified in external/ internal audits and identified overpayments, as directed.
Document, monitor, evaluate, and update internal desktop procedures and process maps for compliance activities.
Identify and communicate compliance process improvements to increase efficiencies and reduce tax exposure.
Execute R2R US&CR Tax risk and internal control review and reporting requirements.
Timely and accurately prepare account reconciliations for assigned sales and use tax accounts.
Timely complete monthly compliance metrics.
Prepare and recommend audit accrual reserve calculations, if requested.
Prepare and enter journal entries as needed.
Timely and accurately complete tax adjustments by obtaining the appropriate documentation and making entries into the ERP system.
Actively contribute and participate in assigned departmental goals and objectives to meet assigned targets.
Required Knowledge/Skills, Education and Experience:
Bachelor’s Degree required, in Accounting
0-6 months sales & use tax compliance and audit experience in a multi-state environment, preferred
Ability to manage multiple task to accurate and timely completion
Strong attention to detail
Ability to operate in multiple ERP systems (i.e. SAP)
Demonstrated knowledge of tax compliance systems (i.e.Vertex), preferred
Advanced knowledge in Excel, Word, Outlook, and Power Point