Sales & Use Tax Accountant

BGS Consulting
Falls Church, VA
Sep 14, 2021
Sep 21, 2021
Full Time
About BGS Consulting:BGS Consulting is a professional services firm, located in Tysons Corner, VA, delivering finance and accounting resources with deep operational experience to fill the direct hire and project-based needs of our clients.Client Description:More than 150,000 tax professionals in law and accounting firms, corporations, government agencies, and academic institutions rely on their in-depth federal, state, and international content every day.SUMMARY:A' The Sales and Use Tax Accountant is responsible for all aspects of the sales tax accounting operations of the company. They are responsible for daily activities related to assuring customers are taxed properly, exemptions are properly documented, customer tax disputes are resolved, and use tax is properly applied. This will require a seasoned professional with technical experience in Sales Tax, with good analytical skills and experience in improving systems and processes.ESSENTIAL DUTIES AND RESPONSIBILITIESA' include the following. Other duties may be assigned to meet the department's objectives.Maintenance of sales tax remittance system (OneSource) and procedures, including sales tax exemptions, audits, queries, and Voluntary Disclosure Agreements (VDA)Monthly check on sales tax compliance for all statesIdentify and confirm all sales tax exemption data; collect, retain and upload exempt certificates for exempt customers when an exemption certificate is received.Review invoices for correct sales and use tax; checking customer status and applicable sales tax ratesPrepare and file monthly/quarterly sales and use tax returns timely, efficiently and accuratelyTake advantage of early/on-time filing discounts with states that offer itPrepare check requests as needed for complianceReview & analyze Company's sales tax data and returns; Ensure all payments for sales tax are properly recorded in the general ledgerReconcile all transactions and state submittals to the general ledger monthly; Prepare and record general ledger journal entries as neededIdentify and document Company's business requirements related to sales and use taxRespond to state and local notices, assessments, and inquiriesAssist/manage audits of sales and use tax state and local filingsPrepare and maintain accounting provisions for sales tax; Research sales tax issues and provide guidance based on jurisdictional tax laws and regulationsProvide recommendations on tax-related regulations, rules, processes, and transactions to ensure effective and efficient tax complianceFiling of annual business licenses and associated complianceEnsure that appropriate internal controls are in place over accounting for sales & use tax reportingPrepare filings related to business licenses, personal property taxes and gross receipts taxesMaintain accurate financial records, including but not limited to, balance sheet account reconciliations, documentation of all cash paid for taxes, journal entry support, and appropriate detail for ad hoc analysis.Monthly bank reconciliationsPerform other related duties or special projects as assigned.KNOWLEDGE & SKILLS:Ability to prioritize and multi-task. Responsive to unpredictable business demands. Able to keep multiple projects on track simultaneously and work well under pressure and short deadlines.Initiative and self-management: Demonstrate no need or close supervision or instruction for routine tasks. Be proactive and make proposals. Bring problems with your suggested solution.Expert knowledge of accounting for sales and use tax and general ledger transactions.Excellent oral, written and presentation skills.Advanced financial and ad hoc reporting skills.Ability to research, analyze, make recommendations and evaluate financial reports to improve the organization.RequirementsBachelor's Degree in Accounting/Finance OR Bachelor's Degree and CPA eligible3 - 5 years of progressive finance/accounting experience.Proficiency in Excel is requiredMust be inquisitive & willing to explore issues until reaching a logical/supported solutionDetail oriented with an ability to critically analyze data & reportsExperience filing sales and use tax returns preferredExperience with tax software preferredTechnology savvy with advanced knowledge of accounting and reporting software with NetSuite preferred.Personal qualities of integrity, credibility and a proactive, hands-on strategic thinker.BenefitsHealth Care Plan (Medical, Dental & Vision)Retirement Plan (401k, IRA)Life Insurance (Basic, Voluntary & AD&D)Paid Time Off (Vacation, Sick & Public Holidays)Family Leave (Maternity, Paternity)Short Term & Long Term DisabilityTraining & Development