Corporate Income Tax Auditor

State of South Carolina; South Carolina; Hybrid; USD 60,000 - 90,000; Full time

Job summary

South Carolina Department of Revenue is seeking a Corporate Income Tax Auditor to audit large multi-state corporations for SC corporate income taxes and license fees. You will analyze federal and SC returns, complete audit workpapers, and prepare assessments.

Travel for field work may be required. Applicants should have a bachelor’s degree in accounting or related field and 2–5 years of corporate-income-tax or audit experience, with knowledge of multi-state returns (US Form 1120).

Qualifications

• Bachelor’s degree in accounting, auditing, finance or tax.
• Two to five years of corporate income tax/audit experience.
• Experience with multi-state returns (US Form 1120 and state returns).

Responsibilities

• Conduct audits of large multi-state corporations for SC corporate income taxes and license fees.
• Analyze federal and SC corporate income tax returns and returns from banks and financial institutions.
• Prepare audit workpapers, write-ups, and proposed assessments; support audit positions in Appeals and Litigation.

Skills

Communication skills

Problem solving

Research tax law

Adaptability

Education

Bachelor's degree in accounting or business

CPA license

Job description

Who we are:

At the South Carolina Department of Revenue (SCDOR), we are funding a better state to live, work, and play. Offering excellent benefits, hybrid work schedules, training plans, tuition assistance, and self-development opportunities, we are a trustworthy partner to our customers and an innovative workplace that supports work-life balance and empowers our employees to reach their highest potential. Open the door to a career at the SCDOR and discover why 93% of our employees see how their work contributes to the SCDOR’s success—by collecting 95% of South Carolina’s general fund, our team serves with purpose and impacts the success of our community.

Learn more about why you should join our team at dor.sc.gov/careers.

We are looking for teammates who are:

• Mid-level auditors with experience in multi-state corporate returns
• Motivated problem-solvers with professional experience and strong communication skills
• Eager to build a career and advance at our agency
• Able to adapt to a constantly changing and expanding field of knowledge by researching tax law, accounting techniques, and the characteristics of various types of businesses and industries, specifically large multi-state corporations

What you will do:

As a Corporate Income Tax Auditor, you will conduct audits of books, records, and tax returns of large multi-state corporations doing business in South Carolina for SC corporate income taxes and license fees. You will analyze federal and SC Corporate Income Tax returns, as well as returns from banks and savings and loan institutions. You will complete audit write-ups, work papers, proposed assessments, and work with Appeals and Litigation supporting audit positions and adjustments.

Primary job duties include:

• Developing and applying knowledge of corporate tax audit issues, preparing and analyzing audit workpapers, and researching applicable federal and South Carolina tax laws and regulations.
• Participating in team and independent audits of large multi-state corporations to verify the accuracy of returns
• Preparing delinquent returns, as necessary, for non-filers to ensure compliance with SC corporate income and license fee tax laws
• Assisting in preparing and submitting professional audit reports, which include a detail of the basis and justification for proposed taxpayer audit adjustments
• Explaining audit results to taxpayers and their representatives in a clear and professional manner
• Reviewing tax returns, company filing history, financial statements, and other related information to identify underreported income and potential audit issues for the purposes of audit selection
• Completing research and training to improve audit skills and knowledge related to corporate income tax law and returns

Note: Most audits are conducted electronically; however, you may be required to travel for field work out-of-state for some audits if you prefer. Each audit is different, and you have the opportunity to learn about different industries. You also have the delegation to determine your audit schedule. SCDOR offers a flexible work schedule.

A bachelor’s degree and professional experience in accounting, auditing, finance, insurance, or tax preparation/analysis

Additional requirement:

• A valid Driver’s License and reliable transportation are required for field work. (Mileage reimbursement provided)

Academic degrees must be from an accredited institution of higher learning.

This position is best suited for mid-level auditorswith two to five years of experience in Corporate Income Tax, public accounting, or tax compliance. Ideal candidates have experience with multi-state corporate returns and strong analytical skills.

Other preferred qualifications:

• Bachelor’s degree in accounting or business administration with 24 semester hours in accounting or auditing subjects
• Two to five years of professional experience in Corporate Income Tax, public accounting, or tax audit/compliance, including work with multi-state corporate returns (U.S. Form 1120 and related state returns)
• Strong working knowledge of U.S. GAAP, financial statement analysis, and book-to-tax reconciliation
• Ability to interpret and apply Corporate Income Tax laws and regulations and prepare or review audit workpapers and proposed adjustments
• CPA license, Master of Accountancy, or Master of Taxation
• Strong critical thinking, problem-solving, and documentation skills, with the ability to support audit positions through clear defensible analysis
• Demonstrated organizational skills and professional communication
• Experience with transfer pricing, cost accounting, or cost segregation

• EEO: The SCDOR is committed to providing equal employment opportunities to all and does not discriminate on the basis of age, race, color, religion, sex, national origin, disability, and pregnancy, childbirth, or related medical conditions, including, but not limited to, lactation.
• Training: Corporate Income Tax Auditors will participate in a classroom and on-the-job training program to ensure they have the knowledge and skills to successfully perform their job. On-the-job training will include guidance and mentorship from a team member and the Audit Supervisor.
• Hours: Flexible hours may be available from 7:00 a.m. – 6:00 p.m., Monday – Friday (37.5 hours per week).
• Telework schedule: This position may be eligible to work remotely up to two days per week after one year of employment with SCDOR.
• Career development: This position is part of an SCDOR Training Plan, which provides learning opportunities that support career growth
• Office location: Depending on space availability, you may have the option of choosing which SCDOR office you work in (Columbia, Charleston, Florence, Greenville, Myrtle Beach, Beaufort, or Rock Hill.).