What are the responsibilities and job description for the Indirect Tax Accountant position at LKQ?
Job Summary: Responsible for maintaining the Sales & Use Tax compliance process, maintaining business license files, and assisting with Sales & Use tax audits.
Essential Job Duties:
- Maintain and update all permanent location and jurisdiction files, Sales Tax tracking sheets, as well as monthly, quarterly, and annual Sales & Use tax return files.
- Prepare and maintain all business licenses accurately and timely as required by taxing jurisdictions to ensure all filing deadlines are met.
- Assist with data collections, reports, and documentation for Sales & Use tax audits.
- Prepare, process, and review Sales & Use tax returns and payments via paper and electronic methods accurately and timely as required by taxing jurisdictions to ensure all Sales & Use tax filing deadlines are met.
- Review use tax accruals and reconcile assigned General Ledger accounts monthly.
- Communicate effectively with state and local jurisdiction taxing authorities, all branch locations, team members including management, and other departments of the company as needed.
- Compile and submit Sales & Use tax accounts payable slips and journal entries to Accounting after appropriate approval.
- Submit Sales Tax and business license check requests to Accounts Payable, make copies of checks and tax returns or forms, and attach checks to Sales Tax returns and forms before mailing.
- Maintain and update state & local tax rates and location addresses in Sales Tax compliance software and notify Sales & Use Tax Manager and IT for Sales Tax compliance software errors and need for correction and/or modification.
- Maintain electronic banking database for Sales & Use tax payments and communicate cash amounts needed for tax payments to appropriate personnel.
- Resolve Sales & Use tax notices of assessment in a timely manner as assigned.
- Amend Sales & Use tax returns as needed.
- Perform and maintain state and local Sales & Use tax, Gross Receipts tax, and licensing research.
- Identify, initiate, and support the continual improvement of quality and efficiency of processes and systems within the Tax department and PGW Auto Glass as a whole.
- Assume other duties and projects as assigned.
Education &Experience: BS/BA/BBA degree in accounting preferred.
Knowledge/Skills/Abilities: Requires good written and verbal communication skills. Well organized, detail oriented & focused. Strong analytical skills. Must be able to interact well with others, multi-task and prioritize workload. Must have experience in Microsoft Office and tax compliance software.
Essential Physical Demands/Work Environment: This position requires sitting, standing, bending, and lifting. Must have the ability to work under conditions of frequent interruptions and be attentive to details. Must work additional hours when necessary to meet deadlines.
Preferred Qualifications: 2-3 years Indirect Tax and Accounting experience preferred.
Decision Making Examples: Understand legal organization, divisional & accounting policies & procedures in order to determine application of tax law. Analyze tax issues, related facts & circumstances and recommend solutions. Research and interpret tax law and determine applicability to the company.
- Health/Dental/Vision Insurance
- Paid Time Off
- 401k with Generous Company Match
- Company Paid Life Insurance and Long Term Disability
- Short Term Disability
- Employee Assistance Program
- Tuition Reimbursement
- Employee Discounts