Excise Tax Accountant GROWMARK, Inc. Bloomington, IL
Bloomington, IN - USA
Job Summary
SALARY RANGE: $60100.00 - $82662.50
GROWMARK is an agricultural cooperative serving almost 400000 customers across North America providing agronomy energy facility engineering and construction and logistics products and services as well as grain marketing and risk management services. Headquartered in Bloomington Illinois GROWMARK owns the FS trademark which is used by its member cooperatives. GROWMARK also owns and operates SEEDWAY the largest full-line seed company in the United States. More information is available at .
PURPOSE AND SUMMARY STATEMENT
Responsible for meeting GROWMARK Inc. and subsidiary companies compliance obligations related to the reporting of motor fuel environmental and sales taxes. Analyze data with regard to tax requirements and appropriately reconcile all tax data to the general ledger.
ESSENTIAL JOB FUNCTIONS
Responsible for meeting GROWMARK Inc. wholesale retail divisions and subsidiary companies compliance obligations related to the reporting of motor fuel environmental and sales taxes.
Analyzes data from various sources to prepare excise tax returns and develop process improvements. Incorporate data analytics software into complex processes.
Reconciles accounting data to tax filings to ensure financial records reflect the proper amounts due to or from governmental agencies. Provides guidance and training to others in the department or retail divisions on reconciliation issues and amendments.
Analyzes and reviews additional controls to ensure that all taxes collected from customers are paid to the proper taxing authority and troubleshoot variances.
Provides guidance for proper tax setup in SAP and third-party tax software. Assist with configuration and testing of changes needed in the excise tax billing and reporting systems.
Maintains technical competency in motor fuel excise sales environmental and other tax related subjects.
Maintains professional relationships with taxing authorities.
Manage audit process for external audits. Advise the business on changes needed for proper compliance. Coordinates complex or multi-period amendment projects.
Maintain third party tax exemption software and coordinate with internal departments/divisions to integrate into their processes.
Provides leadership by investigating analyzing and providing recommendations to wholesale retail divisions and member cooperatives on tax compliance requirements.
Research new state requirements and develop new processes to ensure compliance.
Serves as a backup to the Assoc. Tax Compliance Supervisor/Retail Tax Compliance Supervisor on motor fuel and sales tax issues.
OTHER JOB FUNCTIONS
Ensures that tax compliance documentation required by government agencies is obtained from vendors and customers and is retained on file.
Updates and maintains instructions for tax return processing procedures.
Assists with maintaining and updating information contained on the Tax Department website.
Follows GROWMARKs Environmental Health and Safety OSHA and DOT policies and procedures as they apply.
Performs all other duties as assigned.
REQUIREMENTS
Requires an Associates degree with emphasis in accounting and 1-3 years of experience in preparing tax returns or bachelors degree in accounting required. Experience in income sales or excise tax return preparation preferred.
Other skills required are analytical problem-solving ability to compose written responses to government agencies organization detail-oriented ability to meet tax deadlines and proven computer skills including Microsoft Office software internet research tools general ledger queriesand tax reporting software.
Ability to use technology to research accounting information and apply tax knowledge to the transactions to determine appropriate taxability
Demonstrates essential abilities including business knowledge collaboration communication customer focus decision making and skill development.
Ability to occasionally work hours above those considered normal to meet tax deadlines.
Ability and willingness to participate in required training that may include education on GROWMARKs policies and procedures and additional training as it relates to the requirements of the position.
At GROWMARK we are dedicated to supporting the long-term financial well-being of our employees through a fully funded pension a cornerstone benefit that ensures security for the future. We offer a comprehensive benefits package that includes medical dental vision and life insurance along with a variety of supplemental plans like accident critical illness disability hospital indemnity and identity theft protection. To promote a healthy work-life balance employees enjoy generous paid time off (PTO) paid holidays and parental leave giving you time to recharge and focus on what matters most. Additionally our 401(k) plan with company matching helps you plan for retirement while our free Employee Assistance Program (EAP) supports your overall well-being. Whether youre starting your career balancing family life or planning for retirement our company is committed to providing employees with a comprehensive and competitive Total Rewards package that meets your needs at every stage. Benefits eligibility may vary depending on the position.
Actual compensation will be determined based on experience location and other factors permitted by addition to base pay certain roles may be eligible for bonuses incentives and commissions.
About Company
GROWMARK is a trusted co-op, providing services in agronomy, commercial construction, energy, electronic payment systems, grain, tank and truck, warehouse and logistics. GROWMARK provides an exceptional experience.