Advanced Specialist, Tax

Celanese; Irving (TX); On-site; USD 70,000 - 90,000; Full time

Job summary

Celanese is seeking an Advanced Specialist, Tax located in Irving, TX, to manage income tax reporting and compliance. Responsibilities include preparing quarterly and annual tax provisions, coordinating with teams, and ensuring compliance with U.S. GAAP. The ideal candidate will have advanced analytical skills and a solid understanding of ASC 740 tax accounting principles.

A Bachelor's Degree in Accounting is required, with CPA preferred. The role offers a hybrid work model with 3 days in the office and 2 remote.

Qualifications

• 4-6 years of Income Tax experience, mainly with Corporations.
• Solid understanding of U.S. federal income tax laws and regulations.
• Experience preparing corporate federal income tax returns (Form 1120).

Responsibilities

• Prepare and assist in the preparation of quarterly and annual income tax provisions.
• Research and apply U.S. GAAP (ASC 740) guidance for accurate financial reporting.
• Coordinate outsourced tax compliance work and prepare information requests.

Skills

Strong analytical capabilities

Attention to detail

Ability to manage multiple priorities

Collaborative team player

Strong communication skills

Expert knowledge of ASC 740 tax accounting

Advanced Excel skills

Education

Bachelors of Science in Accounting

Masters in Tax or Accounting preferred

CPA preferred

Tools

SAP

BCS

BPC systems

Job description

Location: Irving, TX – Hybrid (3 days in office, 2 remote)

The Advanced Specialist, Tax is responsible for supporting the company’s income tax reporting and compliance, with a focus on the quarterly and annual tax provision under US GAAP. This role involves preparing and reviewing provision calculations, coordinating with various Celanese teams and outside service providers in compiling tax analysis to be reported in Celanese financial statements. The position also contributes to process improvements and assists with technical tax research as needed. Strong analytical capabilities, attention to detail, and the ability to manage multiple priorities are essential for success in this role.

Responsibilities:

• Prepare and/or assist in the preparation of quarterly and annual income tax provisions for a foreign group of entities as part of the global tax provision process.


• Research and apply U.S. GAAP (ASC 740) guidance to ensure accurate financial statement reporting.


• Prepare and review BCS quarterly and annual journal entries related to the tax provision.


• Coordinate outsourced tax compliance work, including preparing information requests and managing deliverables.


• Prepare and maintain the global ASC 740-10 (FIN 48) summary and rollforward; communicate related SAP entries to appropriate accounting teams on a quarterly basis.


• Perform account reconciliations for U.S. and foreign tax accounts in accordance with company policies and procedures.


• Coordinate and maintain SOX control documentation and supporting evidence for the global tax provision process.


• Assist with preparation of federal pro forma corporate income tax returns for the consolidated group.


• Review and analyze various book-to-tax adjustments.

Qualifications:

• Bachelors of Science in Accounting or related field required; Masters in Tax or Accounting preferred.


• CPA preferred.


• Strong knowledge of ASC 740 tax accounting principles and concepts.


• 4-6 years of Income Tax experience (mainly Corporations).


• Solid understanding of U.S. federal income tax laws and regulations.


• Experience preparing corporate federal income tax returns (Form 1120).


• Experience working with large, consolidated corporate tax groups.


• Advanced Excel skills (data analysis, modeling, and large dataset management).


• Experience performing account reconciliations.


• Understanding of accounting policies, procedures, and internal controls.


• Strong research skills related to corporate tax issues.


• Detail-oriented with strong organizational skills.


• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.


• Collaborative team player with strong communication skills.


• Experience in a Fortune 500 company and/or public accounting firm preferred.


• Familiarity with SAP, BCS, and/or BPC systems preferred.