Job Description

Job Description

Job Description

Company Description

Winsupply is in the business of creating and enabling entrepreneurs to achieve their dreams through wholesale distribution. Winsupply is a group of over 670 locally-owned companies that operate across a variety of industries, including HVAC, Plumbing, Electrical and more. The purpose of the support services campus is to eliminate obstacles and provide support to help our entrepreneurs succeed. Support service employees assist entrepreneurs in achieving their dreams through finance, accounting, IT, and other back-office operations.

Positions Summary

The Income Tax Accountant will be responsible for managing the company's income tax compliance processes with the Internal Revenue Service (IRS) and local departments of revenue. This role requires an in-depth understanding of tax compliance, tax filings, intercompany eliminations, and deferred tax assets and liabilities. The successful candidate will ensure timely filing of tax returns, manage tax-related audits, and stay informed about federal, state, and local tax code changes.

Accountabilities/Responsibilities

Yearly Responsibilities :

• Provide income tax provisions to external auditors for financial statement reporting.
• Extract and analyze data to build supporting workpapers for preparation of income tax returns by external tax preparers.
• Review, maintain, and ensure timely filing of income, excise, franchise, business license, gross receipts, and CAT tax returns.
• Process payments for balance dues and refunds related to tax filings.
• Update and maintain income tax accruals and true-ups for prior year expenses.
• Maintain carryforward schedules for Net Operating Losses (NOLs), credits, interest expense limitations, charitable contributions, and deferred capital loss carryforwards.

Quarterly Responsibilities:

• Calculate, set up, and pay federal, state, and local estimated tax payments.
• Prepare and submit combined Ohio and Oregon CAT tax returns.

Monthly Responsibilities :

• Review and reconcile income tax accounts, including federal and local income tax accruals, deferred tax assets and liabilities, M-item expenses, and refund receivables.
• Ensure accurate tracking of parent company's ownership percentages in affiliated and non-affiliated members.
• Manage desk audits and correspondence with tax authorities.
• Respond to notices and inquiries from taxing authorities.

Competencies for Success

• Strong analytical skills and attention to detail.
• Excellent communication and collaboration skills.
• Excellent time management skills.
• Commitment to staying updated on changes in federal, state, and local tax laws.

Minimum Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field.
• CPA or advanced tax certification preferred.
• Ongoing tax education and training to stay current with changes in tax law.

Physical Demands

The physical demands here are representative of those that must be met to successfully perform the essential job functions with or without reasonable accommodations:

• Sitting for extended periods of time
• Dexterity of hands and fingers to operate a computer keyboard, mouse, and other computer components

We are committed to inclusion, diversity, and equal employment opportunity, regardless of race, color, ancestry, religion, sex, gender, national origin, sexual orientation, age, citizenship, marital status, disability, veteran status, or any other factor protected by applicable federal, state, or local laws.

Job Tags

Similar Jobs