Tax Accountant
The Tax team at Promega plays a crucial role in ensuring compliance with federal, state, and international tax regulations while supporting financial accuracy and strategic decision-making. We contribute to the organization's success by providing tax expertise, optimizing tax processes, and maintaining strong internal controls. Our team values precision, collaboration, and continuous learning, fostering an environment where professionals can develop and thrive.
As a Tax Accountant at Promega, you will be an integral part of our finance and accounting team, applying your expertise to manage compliance, reporting, and tax strategy implementation. Your contributions will include preparing tax calculations, ensuring accurate reporting, and assisting with audits and tax research. Your attention to detail and problem-solving skills will be essential in maintaining compliance and supporting business operations. This role offers the opportunity to work across multiple tax areas, providing a well-rounded experience in corporate taxation while collaborating with internal and external stakeholders to drive efficiency and financial integrity.
Serve as a valuable and versatile contributor to Promega's finance and accounting team by ensuring compliance with federal, state, and international tax laws and regulations, enhancing financial reporting accuracy, and contributing to a strong internal control environment. This role supports Promega's mission by ensuring effective tax strategies and fostering financial integrity across the organization.
Core duties include:
- Calculate extensions and quarterly estimated tax payments and make payments to proper taxing jurisdictions.
- Calculate ASC 740 tax provision and supporting schedules and utilize Corptax provision software for the year-end Financial Statements audit.
- Generate, review, and reconcile tax depreciation reports using BNA Fixed Asset software.
- Prepare tax return workpapers and review federal and state income tax forms prepared by outside service provider.
- Understand and implement tax law changes, where applicable.
- Assist in the calculation of GILTI inclusion, Foreign Tax Credits, and FDII deduction, with guidance from the International Tax Manager.
- Assist in the calculation and preparation of the required documentation for the Research and Development Income Tax Credit.
- Calculate other applicable tax credits.
- Conduct tax research, as needed.
- Reconcile the monthly and quarterly income tax accounts.
- Receive and respond to notices from various taxing jurisdictions.
Diversity is important at Promega. We are proud to be an Equal Opportunity Employer, and make employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability, or any other protected class. Qualified females, minorities, and special disabled veterans and other veterans are encouraged to apply.