Tax Accountant-Indirect Tax
GATX Corporation, founded in 1898 and headquartered in Chicago, IL, is seeking a Tax Accountant specializing in Indirect Tax. The role involves preparing U.S. and Canadian payroll tax returns, conducting research and analysis on payroll and unclaimed property, and ensuring compliance with tax laws.
Responsibilities
- The Tax Accountant is responsible for the preparation of all U.S. and Canadian payroll taxes for GATX Corporation and its subsidiaries, assuring accurate and timely compliance at minimum expense
- Research and analyze changes to the applicable tax laws
- Information retrieved from MasterTax is analyzed and reported on the tax return
- Federal and State unemployment insurance
- Volume is weekly, semi-monthly salaried and 2 bi-weekly
- Interface with payroll to determine amounts for general ledger accounts
- Interface with treasury to make on-line payments
- Federal and State payroll taxes for Stock options
- Plan for ways to minimize payroll, property taxes, identify tax saving opportunities, review state and local tax legislation. Perform tax research and prepare tax memoranda in connection with such planning
- Represent GATX Corporation in payroll, property tax audits, appeals, and protests. Prepare tax schedules, memoranda, protests and other tax projects as assigned
- Research audit position
- Gather documentation
- Assist Senior Manager with legal explanations of positions reported on tax returns
- Unclaimed Property tax reports and payments
- File Unclaimed Property tax reports and make required payments
- Converse with outside consultants regarding documentation
- Review state websites for potential refund claims
Skills
- Bachelor's degree required or equivalent education
- 1 - 2 years of payroll tax and related experience with a major corporation or accounting firm
- Experience analyzing tax expense and accounting for large corporations
- The ability to negotiate effectively is essential
- General experience Microsoft Office, SAP, PTMS, or similar products is also required
- Experience in the rail industry is preferred
Benefits
- Short-term incentive plan
Company Overview