Volvo Financial Services (VFS) USA is committed to creating a proactive, best in class Tax team that is integrated into our business practices as well as managing tax compliance.
The Senior Tax Analyst for Income and Franchise reports to the Tax Manager and is responsible for income and franchise tax, planning and compliance. They will have effective communication skills and actively contribute to tax projects, the implementation of process improvements, and the integration of technology.
Prepare the US federal, state/local income and franchise tax returns, extensions, estimates and process related tax payments
Prepare monthly income tax provisions based on IFRS accounting standards and maintain related tax accounts in the general ledger
Assist with the development of tax accrual projections as part of the strategic financial planning and budgeting process
Maintain and reconcile tax fixed assets and depreciation
Point of contact for LKE program and responsible for bi-monthly cash transfers
Research questions and issues raised by the business regarding federal, state and local taxes
Help the sales and property tax team solve complex issues
Act as a business consultant on all matters of tax compliance including income, franchise, sales, property and payroll tax issues, including providing guidance as to the interpretations of various sections of the tax law
Respond to tax notices issued by various tax authorities
Assist with tax audits initiated by various tax authorities or internal control
Assist with large research projects and other tax-related projects
Required Competencies and Skills
Technical/Functional Expertise: Demonstrating basic technical knowledge of federal and state tax rules with a general understanding of financial accounting. Effective analytical skills
Dependability/Reliability: Following through on commitments, producing timely work to required – or higher – standards and pitching-in to get the job done
Planning/Organization: Prioritizing and managing tasks to meet deadlines; managing multiple projects and tasks simultaneously
Teamwork: Working effectively with others and sharing information and resources within a matrix and team-based environment
Communication: Utilizing effective verbal and written communication skills to influence the actions, decisions, opinions or thinking of others
Organizational Sensitivity: Acting based on how individuals and organizational units function and react, using informal systems to get things done and obtaining support of key players
Minimum Education and Experience
BA/BS in Accounting or related field from nationally accredited university
Master’s degree in taxation or accounting/finance desired
CPA licenses highly preferred
7+ years progressive tax experience with public accounting firm and/or multistate company, including specific experience preparing U.S. federal and state income tax returns
Sales and / or property tax experience is a bonus
Proficiency with tax return preparation and fixed asset systems (OneSource and Sage preferred)
Proficiency with online tax research tools (Checkpoint and BNA preferred)
Proficiency with Microsoft Excel and Word
Captive Equipment Finance or general financial services experience preferred
Knowledge of tax and accounting for leasing in the United States preferred
The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines under the leading brands Volvo, Renault Trucks, Mack, UD Trucks, Eicher, SDLG, Terex Trucks, Prevost, Nova Bus, UD Bus, Sunwin Bus and Volvo Penta.
With Volvo Financial Services you will be part of a global and diverse team of highly skilled professionals to pro...vide expert financial services and solutions to customers and dealers in support of the Volvo Group’s sales. We work with passion, we trust each other and we embrace change to stay ahead. We make our customers win.