Senior Tax Accountant to join their Global Tax Office located in NYC. This position supports the International tax group. The Senior Tax Accountant is responsible for reviewing and analyzing income tax reporting for all Sony Corporation of America foreign subsidiaries. This includes: maintaining ASC 740 tax packages; training of affiliates worldwide; required consolidation of deferred tax assets and liabilities; monthly updates, forecast and budgets. Maintain tax basis, as well as earnings and profits calculations for these foreign subsidiaries. Organize and prepare income tax reporting forms for foreign subsidiaries as required for filing with the Internal Revenue Service. Perform research on international tax issues.
Assist in reviewing and analysis of foreign income tax provision reporting for all foreign subsidiaries.
Assist in reviewing updates of pre-tax income/income tax for tax budgets, forecast and forecast updates for all foreign subsidiaries
Prepare income tax returns as required by the Internal Revenue Service (5471, 5472, 5713, 8858, 8865 & 1120F)
Maintain the earnings and profits, tax pools and tax basis for all foreign subsidiaries
Calculate and determine Subpart F income inclusions
Prepare foreign tax credit analysis.
Perform International compliance research as required
Preparation and review of Form 1042 and 1042-S for selected U.S. companies
Prepare and maintain documentation required to obtain royalty/dividend/interest w/h tax rates under treaties between the U.S and foreign countries. Includes obtaining tax certifications from the IRS
Desired Skills and Experience
QUALIFICATION FOR POSITION
Undergraduate Degree – Accounting is required
A minimum of 3 years’ experience with a strong mix of compliance and tax provision
Big 4 or multinational experience a plus
Working knowledge Excel, Corp Tax
CPA or MST preferred