Senior Income Tax Analyst

Clark Associates; United States; On-site; USD 95,000 - 135,000; Full time

Job summary

Clark Associates, Inc. seeks a Tax professional to perform first-level reviews of federal, state, and local tax compliance for its affiliated businesses.

You will help manage the filing calendar, analytical reviews, and real estate reporting while supporting quarterly forecasts and cash tax planning. Collaborating with the Income Tax Manager and finance teams, you will build analytics and tracking infrastructure for real-time visibility into compliance status and guide junior staff with

Responsibilities

• Maintain the compliance calendar and file federal, state, and local tax filings on time.
• Prepare taxable income computations, including variance analyses and changes due to tax law.
• Perform nexus reviews and state tax research to support analytics and apportionment.
• Prepare tax fixed asset reviews with depreciation and basis accuracy.
• Identify credits/incentives and handle incentives, BPT/PPT, and real estate reporting.
• Collaborate with external firms on filings for partnerships, LLCs and S-corporations.
• Perform first-level review of filings before Manager review and communicate progress.
• Prepare responses to tax notices, examinations, and audits with risk mitigation.
• Partner with accounting/finance to support quarterly tax forecasting and cash tax planning.
• Prepare quarterly tax summaries for shareholders and stakeholders.
• Maintain documentation, workpapers, calendars, and internal review processes.
• Improve data collection/reporting using technology and automate where possible.
• Build relationships with accounting, finance, legal, and business teams as a tax partner.
• Provide mentorship to junior staff.

Skills

Tax compliance

Forecasting

Nexus analytics

Data analytics

Mentorship

Job description

Job Summary

Why this role: Clark is scaling its tax function, and this seat is a chance to build rather than just maintain. You'll be a key player in the compliance execution for a growing group of affiliated businesses, help build new analytics and automation infrastructure as part of a high performing team. This position reports to the Income Tax Manager.

Job Summary: You'll prepare and perform first-level review of Clark and its affiliated businesses' US federal, state, and local tax compliance. This includes supporting the filing calendar, workpaper standards, and review process, along with fixed asset reviews, nexus and apportionment analysis, and incentives, BPT/PPT, and real estate reporting. You'll support the quarterly forecasting process, ensuring forecasts reflect current-year business events and tax law changes, with resulting cash tax obligations reviewed and remitted accurately and on time. You'll also help build the analytics and tracking infrastructure that gives the Manager and Director real-time visibility into compliance status: variance analysis, nexus and apportionment analytics, and a compliance tracker. You'll collaborate closely with the Income Tax Manager and the broader tax and finance teams.

Job Location: Preference is for candidate to live within reasonable driving distance to our Lancaster, PA campus (2205 Old Philadelphia Pike, Lancaster, PA 17602) for occasional travel.

Responsibilities

1. Reporting and Compliance

• Maintain the compliance calendar, ensuring all federal, state, and local estimated tax payments, extensions, elections, and reporting are timely filed.
• Prepare accurate and complete taxable income computations, including variance analysis and impacts of tax law or business environment changes.
• Perform nexus reviews and state tax research, evaluating the state tax footprint and supporting nexus and apportionment analytics.
• Prepare tax fixed asset reviews, ensuring depreciation and basis positions are accurate and audit-ready.
• Identify available credits and incentives, and prepare incentives, BPT/PPT, and other real estate and annual reporting requirements.
• Work closely with the external accounting firm on federal, state, and local tax filings for partnerships, LLCs, and S-corporations, while also preparing certain in-house prepared returns.
• Perform first-level review of filings prior to Manager review, escalating and communicating appropriately throughout the process.
• Prepare timely, accurate, and complete responses to federal, state, and local tax notices, examinations, and audits, with a mindset to mitigate incremental tax exposure.

2. Quarterly Forecasting

• Partner with accounting and finance teams to ensure quarterly reporting supports accurate tax treatment and reliable cash flow planning.
• Prepare and optimize forecasts to reflect current-year business events and tax law changes.
• Calculate quarterly cash tax outflows and estimated tax payments across all business entities: preparing internal reporting documents and coordinating with accounting and treasury on required cash movement to ensure accurate, on-time remittance.
• Prepare quarterly tax summaries for shareholders and other stakeholders in a timely manner.

3. Process Improvement

• Maintain high standards for tax documentation, workpapers, ownership records, calendars, and internal review processes.
• Maintain a compliance tracker and review materials that make compliance status visible to the Manager and Director.
• Leverage technology to improve data collection, validation, and reporting, with a continuous improvement mindset and a hands-on approach.
• Build effective relationships and improve workflows and communication with accounting, finance, legal, and business teams, serving as a strong, responsive business partner to non-tax teams and external advisors.
• Serve as a technical resource, providing guidance and mentorship to junior staff members.