The Corporate Accounting-Tax Manager works under the direct supervision of CFO and is responsible for overall accounting /tax functions including accounts payable, general ledger, financial reporting, cash management, internal control procedures, coordination of quarterly audits, manage tax reports, tax planning, and tax compliance function, and to minimize the tax obligation of the company, and any other duties that may be assigned.
Essential Job Duties
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Ensure accurate, complete, and timely accounting and reporting needed to satisfy the needs of various corporate stakeholders.
- Apply International Financial Reporting Standards (“IFRS”) to the financial operation of the company and assist CFO to estimate future revenues and expenditures for the preparation of budgets;
- Analyze current and historical account records, expense and revenue trends, variance analysis, estimated and realized revenues, administrative commitments and obligations incurred;
- Advise management on financial matters such as effective use of resources;
- Facilitate all check signing;
- Establish necessary accounts in the Chart of Accounts;
- Set up various reserves and write off uncollectible accounts by working closely with the related party;
- Review payroll processing;
- Review accounts payable processing ;
- Responsible for all account reconciliation and review;
- Approve all recurring job entries;
- Interpret accounts, records, and financial data for management;
- Maintain an effective accounting system and update for new types of transactions;
- Supervise personnel performing routine phases of bookkeeping operations as delegated to do so;
- Prepare reports which summarize and forecast the company’s business activity and financial position in areas of income, expenses and earnings based on past, present and expected operations;
- Supervise and review sales tax returns, property tax returns, dispatched managers’ individual income tax returns, business licenses, annual reports, and various government reports;
- Review federal and state working paper prepared by tax staff;
- Prepare and review federal, state, and local income tax returns;
- Prepare quarterly estimated federal and state income tax payments;
- Prepare extensions for federal and state income tax and franchise tax returns;
- Respond to and follow-up on tax notices, amended returns, tax audits;
- Prepare tax provision and consolidated financial statements;
- Represent Makita in audits of income tax, sales tax, and property tax;
- Communicate with and provide assistance to outside accounting and tax consultants;
- Evaluate and negotiate software and research materials for purchase;
- Research income and sales tax questions from branches; and
- Perform other duties as assigned by CFO.
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Education and/or Experience Desired
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
- A Bachelor’s degree, preferably in business or accounting, or other related field, with a Master’s degree or CPA desirable; ten years of experience may be substituted for a degree;
- Five-year experience in an accounting position with specific experience in consolidation accounting, general ledger and financial reporting and analysis preferred;
- Familiarity with regulations at the federal, state, and local level;
- Familiarity with a variety of tax concepts, practices, and procedures;
- Experience in accounting systems management including mainframe and network environments ;
- Experience in staff supervision and team leadership;
- Excellent computer skills with spread sheet and word processing ability;
- The ability to establish and maintain effective working relationships with supervisor, subordinates, co-workers and associates;
- Mathematical Skills: Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers; common fractions, and decimals. Ability to compute rate, ratio, and percent and to draw and interpret bar graphs;
- Reasoning Ability: Ability to solve practical problems and deal with a variety of concrete variable in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram or schedule form.
This position works in an open office setting that is quiet, fast paced, fosters continuous learning while operating under high demand/volume. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.
No travel is expected for this position.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Required to regularly use hands to finger, handle or feel; reach with hands and arms; and talk or hear.
- Required to regularly stand; walk; and stoop, bend or reach above head.
- Required to frequently sit.
- May be required to occasionally lift, push or pull up to 30 pounds.
- Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.
- Able to ascend and descend stairs.
- Continuously reach out to sort miscellaneous items.
- Physically & Mentally able to work in an environment that may be subjected to strict deadlines and multiple projects.
- May be subject to Overtime as required.
Equal Opportunity Statement
The Company is an equal opportunity employer and makes employment decisions on the basis of merit. Company policy prohibits discrimination based on race, color, creed, sex, religion, marital status, age, gender, national origin, ancestry, physical disability (including HIV and AIDS), mental disability, veteran status, military service, pregnancy, childbirth or related medical condition, genetic information, medical (including genetic characteristics or cancer diagnosis), actual or perceived sexual orientation, or any consideration protected by federal, state or local laws. All such discrimination is prohibited. Additionally, the Company will provide registered domestic partners with all rights and benefits as required by Law. The Genetic Information Nondiscrimination Act of 2008 (GINA) prohibits employers from requesting or requiring genetic information of an individual or family member of the individual. The Company is committed to complying with all applicable laws providing equal employment opportunities.