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Formosa Plastics Corporation, U.S.A. is seeking an Accounting Analyst to manage complex sales and use tax compliance, conduct tax research, and support audit defense.
The role requires advanced accounting knowledge and thorough attention to regulatory changes, with responsibilities spanning journal entries, general ledger analysis, and month-end close. The position emphasizes collaboration with tax advisors and internal departments to minimize liabilities, strengthen controls, and ensure
Founded in 1978, Formosa Plastics Corporation, U.S.A. (Formosa Plastics) is a growing, vertically-integrated supplier of plastic resins and petrochemicals. With annual revenues of more than $5 billion, we employ over 2,800 people who operate 20 production units in six business divisions - Olefins, Polyolefins, Vinyl, Specialty Polyvinyl Chloride, Chlor-Alkali, and Oil & Gas.
Formosa Plastics offers a full line of polyvinyl chloride, polyethylene and polypropylene resins, caustic soda and other petrochemicals that deliver the consistency, performance and quality that customers demand. We market our polypropylene and polyethylene resins under the Formolene® tradename; we market our suspension PVC and specialty (dispersion) PVC resins under the Formolon® tradename. We also produce and sell caustic soda, ethylene dichloride, commercial bleach and hydrochloric acid.
We are committed to supplying the highest quality products and services to our customers, providing a safe and healthy workplace for our employees and contributing to the quality of life in the communities where we operate. This commitment is made possible through our dedicated people, consistent products, continued protection of the environment and ongoing investments in new product development, quality control systems and safe, modern and energy-efficient production facilities.
Formosa Plastics is a privately held company headquartered in Livingston, New Jersey. Our core business, producing plastic resins and petrochemicals, takes place at three wholly-owned chemical manufacturing subsidiaries located in Delaware City, Delaware, Baton Rouge, Louisiana and Point Comfort, Texas.
The Accounting Analyst is responsible for advanced sales and use tax compliance, audit defense, tax research, and general accounting analysis. The position independently analyzes complex taxability issues, ensures accurate and timely tax reporting and filings, coordinates and supports state and local tax audits, and identifies opportunities to mitigate tax risks and appropriately minimize tax liabilities. The role also performs advanced review and certification of purchase orders and payment requests, general ledger analysis and reconciliations, journal entries, account research, and month-end closing activities, ensuring compliance with accounting standards, internal controls, company policies, and authorization requirements. This position provides training and guidance on accounting and tax matters, resolves complex accounting and tax issues, and provides management with analysis and recommendations to support business decisions and strengthen financial and tax compliance and leads or participates in special accounting and tax projects as assigned.
Responsible for managing complex sales and use tax compliance activities, including taxability analysis, tax research, regulatory monitoring, and accurate and timely tax filings. Evaluates the impact of changes in tax laws and regulations on company transactions and operations and maintains appropriate documentation to support tax positions.
Applies advanced accounting and tax knowledge to independently review, audit, and certify purchase orders, invoices, and payment requests, including account classification and tax treatment. Ensures compliance with company authorization requirements, internal policies, operating procedures, and accounting standards.
Performs detailed analysis and reconciliation of assigned general ledger accounts, prepares and reviews journal entries, investigates variances and unusual transactions, and supports month-end and year-end closing activities to ensure accurate financial reporting.
Coordinates and supports state and local sales and use tax audits by analyzing audit issues, preparing reconciliations and supporting documentation, responding to auditor inquiries, and coordinating with internal departments and external tax advisors to resolve complex audit matters and minimize financial exposure.
Conducts research and analysis of complex accounting and tax matters and interprets applicable laws, regulations, accounting standards, and company policies. Provides recommendations and develops appropriate accounting or tax treatment for unusual or non-routine transactions.
Provides training, guidance, and technical support to plant users and internal departments on accounting procedures, sales and use tax requirements, transaction taxability, documentation, and internal controls. Serves as a subject-matter resource for complex accounting and tax questions.
Identifies opportunities to improve accounting and tax processes, systems, reporting, and workflows. Participates in or leads accounting and tax-related projects, system enhancements, audits, and other special assignments to improve efficiency, accuracy, compliance, and internal controls.
Promote cleanliness and order through the implementation of the Total House Keeping Maintenance program. Emphasize Nothing Touch Ground program and No visual Pollution program. Maintain the plant in like new condition.