Exelon Sr Tax Analyst in CHICAGO, Illinois
At Exelon, we've got a place for you!
Join the nation's leading competitive energy provider, with one of the largest electricity generation portfolios and retail customer bases in the country. You will be part of a family of companies that strives for the highest standards of power generation, competitive energy sales, and energy delivery. Our team of outstanding professionals is focused on performance, thought leadership, innovation, and the power of ideas that come from a diverse and inclusive workforce.
Exelon will provide you the tools and resources you need to design, build and enhance a successful career. We are also dedicated to motivating the success of our employees through competitive base salary, incentives, and health and retirement benefits.
Join Exelon and share your passion at a forward-thinking Fortune 100 company. Establish yourself in a place where you can truly shine and create a brighter, more sustainable tomorrow. Energize your career at Exelon!
PRIMARY PURPOSE OF POSITION
The State and Local Tax Senior Analyst (SALT Senior) applies state and local tax knowledge in assisting with state and local tax audits, aiding in tax decisions, identifying tax planning opportunities and risks, implementing tax planning, and providing tax compliance support. This individual research various state tax issues to arrive at the most advantageous and proper treatment under the tax law and documents the analysis and conclusions. The SALT Senior reviews and prepares state tax returns and supporting schedules to confirm that the appropriate positions are taken, assists with the corporate-wide state income/franchise, property tax, and transaction tax issues, drafts a wide range of state and local tax memoranda, and assists with the implementation of tax technology initiatives.
PRIMARY DUTIES AND ACCOUNTABILITIES
Assists with implementation of new technologies to stream line state tax compliance.
Provides support to corporate partners related to sales tax exemptions and taxability determinations
Develops and implements policies and procedures to assist with, and streamline, state tax compliance
Gathers data, formulates position statements, coordinates, or negotiates with respect to examinations by state tax authorities
Investigates and solves technical state tax issues, including those connected with state tax returns and planning
Assists with implementation of complex state tax planning strategies and the resolution of a broad range of associated issues
Reviews and prepares working papers, schedules, reports and other correspondence, related to state tax returns, or other items related to tax returns or to tax payments (i.e., reserves) necessary to comply with tax laws, or other items related to accounting for state income taxes
Researches various state tax matters to arrive at the most advantageous and proper treatment under the law; prepares memoranda (including FIN 48 memoranda) on conclusions
Undergraduate degree in Accounting or other financial discipline
At least three years of state tax consulting/planning experience expected from within or outside the company.
Advanced degree, such as Masters in Tax and/or Juris Doctorate
Experience with state income tax apportionment and/or compliance.
CPA License or JD
POSITION SCOPE AND TECHNICAL COMPETENCIES
Reports directly to the Senior Manager, State and Local Tax
Ability and experience with supervising administrative staff and interns, as appropriate
Ability to work independently (requiring minimal detailed instruction and supervision)
Ability to interact and build relationships within the Tax organization and outside Tax (e.g., Treasury, Accounting, Legal, FP&A, business units)
Detailed knowledge of state tax law and rules and regulations
Excellent research, writing and verbal communication skills
EEO is the Law Poster
Job Accounting & Finance
Organization: BSC Finance
Title: Sr Tax Analyst
Requisition ID: 209400