Income Tax Accountant: Compliance & Reporting

ITC Holdings Corp; Novi (MI); On-site; USD 70,000 - 100,000; Full time

Job summary

ITC Holdings Corp in Novi, MI is seeking an Accountant – Income Tax to support federal tax compliance, tax accounting and reporting for a critical infrastructure organization. You will research tax guidance, prepare schedules and assist with ASC 740 accounting.

The role emphasizes collaboration with internal teams and external auditors, develops budgets, forecasts, and ensures accurate tax provisions; prior public accounting and tax experience preferred.

Qualifications

• Bachelor's degree in Accounting, Finance or other business-related field.
• Master's degree in accounting, taxation or business and/or CPA preferred.
• Minimum of three (3) years of experience in tax, accounting or finance including two (2) years of income tax experience.
• Minimum two (2) years experience at public accounting firm preferred.
• Knowledge and understanding of accounting and tax best practices.

Responsibilities

• Maintains all records associated with filing federal tax returns and prepares schedules/reports to support these filings.
• Supports tax planning by providing budget and forecast information and reviews budgets for compliance.
• Assists with ASC 740 accounting including monthly/quarterly documentation and disclosures.
• Provides support to external auditors during quarterly reviews and annual audits.
• Analyzes accounts to ensure proper accounting of transactions and resolves issues.
• Researches IRS, SEC, FASB and FERC guidance and drafts position papers.

Skills

Data analysis

Communication skills

Analytical skills

Documentation

MS Office

Financial systems

Teamwork

US work authorization

Education

Bachelor's degree in accounting/finance

Master's degree or CPA preferred

Tools

PeopleSoft

PowerPlant

Job description

ITC Holdings Corp in Novi, MI is seeking an Accountant – Income Tax to support federal tax compliance, tax accounting and reporting for a critical infrastructure organization. You will research tax guidance, prepare schedules and assist with ASC 740 accounting.

The role emphasizes collaboration with internal teams and external auditors, develops budgets, forecasts, and ensures accurate tax provisions; prior public accounting and tax experience preferred.