The Corporate Tax Activity Specialist supports the organization’s corporate tax operations by ensuring compliance with local and international tax regulations, maintaining accurate tax reporting, and contributing to strategic financial planning. This role involves hands-on execution of tax processes, journal entries, reconciliations, and regulatory reporting, while collaborating with global tax teams and leveraging technology to drive efficiency.

Key Responsibilities

1. Tax Reporting & Compliance

• Transition data from Transfer Pricing Operations to ONESOURCE Tax Provision with clean, audit-ready data and update OTP workpapers.
• Perform GRID checks on Pre-Tax Book Income by unit and validate tax rate files.
• Conduct consolidated checks and validate permanent differences related to FDIC, Penalties, Partnerships, Tax Exempt, etc.
• Review and reconcile deferred tax items including NOL, DTA attributes, and other deferred.
• Prepare and post journal entries for 104 groups and subsequent runs based on updated Financials.

2. Specialized Tax Workflows

• Execute Alteryx workflows for Goodwill & Intangible analysis, P&L forecasting, and GILTI/Sub F asset ratios.
• Manage international workflows including Canada, Germany, and UK to ensure compliance and Reporting standards.
• Refresh and roll forward Foreign Tax Credit files, Subpart F (Sub F) files, and other Ledger-based tax reports to ensure continuity and accuracy in tax provision reporting.
• Support the validation of Other Comprehensive Income (OCI) ledger balances and consolidated reporting, conduct FIN48 ledger reviews to ensure alignment with supporting documentation, and perform foreign exchange (FX) payable reconciliations.

3. Corporate Tax Return Preparation

• Assist in preparing corporate tax computations and returns.
• Prepare and conduct first-level reviews of Tax Packs.
• Maintain comprehensive supporting documentation for filings.
• Prepare Regulatory reporting package tax forecasts, including goodwill and intangible components.

4. Regulatory & Audit Support

• Prepare and support reporting packages, including Comprehensive Capital Analysis and Review (CCAR) submissions and EY audit deliverables.
• Assist with state apportionment templates, K-1 inputs, and state return form preparation.
• Track notices and support domestic/international tax return databases.
• Assist in the review and reporting of IRS Forms 5471 and 8858, ensuring accuracy and compliance with U.S. international tax requirements.

5. Planning & Forecasting

• Prepare BS & PL for planning cycles.
• Support Regulatory reporting package tax forecasts including GW/INT.
• Update securities and global consolidated files monthly.

6. Tax Payments and Journal Management

• Prepare and process timely corporate tax payments.
• Post accruals, provisions, and payment journals.
• Reconcile tax balances in the general ledger.
• Prepare and review tax workpapers and deferred tax files (NOL, DTA, FTC, GILTI).

7. Financial Systems & Reconciliations

• Update and reconcile fixed asset transactions, including additions, disposals, and depreciation.
• Validate internally developed software transactions and OAS pivots.
• Perform ledger checks for goodwill, intangible assets, and amortization files.
• Support reconciliations for incentive compensation, deferred implementation, and capital leases.

8. Process Improvement & Technology Enablement

• Identify opportunities to streamline tax processes and controls.
• Support automation initiatives and ERP enhancements.
• Leverage Power BI, Power Query, and AI tools for data analysis and reporting.

Skills and Competencies

• Strong understanding of local and international tax laws.
• Analytical and problem-solving abilities with high attention to detail.
• Self-motivated and capable of working independently.
• Effective communication and collaboration skills.
• Proficiency in Microsoft Excel and PowerPoint.
• Experience with tax software and financial systems (e.g., OneSource, Oracle, Alteryx).
• Familiarity with OTP/TPO systems and regulatory reporting (e.g., CCAR, EY Audit).
• Advanced skills in Power BI, Power Query, and AI-driven analytics are a plus.

Qualifications and Experience

• Master’s degree or higher in Accounting, Finance, or a related field.
• CPA or equivalent professional certification preferred.
• 8–12 years of proven experience in corporate tax compliance and planning.