The Bradford Exchange · 1 month ago
Manager, Compliance and Tax Reporting
Niles, IL
Full-time
Hybrid
Mid, Senior Level
$119K/yr - $150K/yr
6+ years expThe Bradford Group is a world leader in new product development and has been selling joy for over 50 years. They are seeking a Manager of Compliance & Tax Reporting who will oversee the preparation of US income taxes, coordinate tax audits, and serve as a resource for accounting and other departments on tax-related issues.
E-CommerceFashionGiftJewelry
Responsibilities
Preparation and filing of combined federal 1120S, 1042S, 1099 INT, 1099 OID, Form 945 for The Bradford Group companies
Prepare and review supporting workpapers including M-1 adjustments, foreign source income, 5471, and 8858 for Foreign subsidiaries
Coordinate preparation, review and filing of extensions and returns with external tax accountants
Establish tax reporting policies and solve new or unusual issues with external tax advisors (e.g. Unicap, CTA on foreign branch closures)
State returns and extensions including Illinois unitary return for the Bradford Group
Amend prior year federal and state returns, if needed
Manage workflow, training and development of staff member
Coordinate tax audits
Monitor nexus and state rules impacting filing requirements and implement new filings as required
Determine statutory requirements and exemptions. Establish procedures for vendors, purchasing departments and Accounting to minimize our tax liability and ensure that taxes are properly remitted
Coordinate audits and government inquiries
Work with Financial Reporting to revise tax compliance procedures based on results of audits/inquiries or change in business practices
Liaison with tax authorities, outside legal counsel, accounting firms and in-house Legal Dept. to identify and resolve potential exposure to sales taxes
Ensure that we properly self-assess tax on purchases
Communicate with purchasing departments to ensure that our purchases qualify for all available exemptions:IL temporary storage and expanded temporary storage exemptions and IL software exemption
Review vendors' requests for sales tax exemptions (IL and FL). Determine which exemptions, if any, are applicable and provide vendors with required certificates
Other compliance matters (corporate annual reports, census reporting, annual bank secrecy reporting)
Fixed asset accounting (GAAP and Tax)
Work with Accounting, Legal, Purchasing and outside counsel to ensure that operational and accounting procedures are consistent with internal and external requirements
Reorganizations, transfer pricing reviews, system related updates, and other special projects as assigned
Qualification
Required
Bachelor's degree in accounting
Minimum 6+ years progressive accounting experience
Minimum 3+ years experience in tax/audit including corporate tax returns (specifically Sub S)
Knowledge of generally accepted accounting rules, practices, tax laws, and reporting requirements
Must be familiar with regulations at the federal, state, and local level
Ability to communicate (written and verbal) in a professional manner when dealing with employees, vendors and company contacts
Must be PC proficient with experience in Microsoft Word, Excel, Power Point, mainframe applications, etc
Benefits
Employee Stock Ownership Plan (ESOP)
Professional Development Program
Mentor Program
LinkedIn Learning
PTO
Paid Time Off (PTO)
Health and Dental Insurance
Vision
Life Insurance
Disability Insurance
Direct Deposit
Credit Union
Flexible Spending Accounts
Health Savings Accounts
Employee Assistance Program
Employee Referral Bonus Program
401(k)
Profit Sharing
Tuition Reimbursement
Toastmaster’s memberships
Peer Recognition Program
Product Discounts
Company
The Bradford Exchange
CLICK THE LINK BELOW TO SHOP THE BRADFORD EXCHANGE FOR FINE JEWELRY, UNIQUE COLLECTIBLES & MORE. YOU WON'T FIND OUR DESIGNS ANYWHERE ELSE!
501-1000 employees
Funding
Current Stage
Late StageRecent News
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