Sr. Analyst, Income Tax

11 MasterBrand Cabinets LLC; Beachwood (OH); Remote; USD 90,000 - 130,000; Full time

Job summary

MasterBrand Cabinets LLC, a leading North American cabinet manufacturer, seeks a Senior Analyst, Tax to manage federal, state, and international tax compliance, planning, and reporting. Role supports audit defense and accurate tax positions, with remote work options favoring Eastern or Central time zones.

Responsibilities include preparing tax provision workpapers, payments, and journals; collaborating with Accounting and FP&A to ensure proper book treatment; and developing tools for efficient

Qualifications

• Bachelor's degree in accounting or related field required; CPA/CA designation or Master of Tax preferred.

Responsibilities

• Review/preparation of federal, state, and local income tax reporting and related work papers.
• Review/preparation of federal and state estimated payments and extension calculations.
• Review/preparation of income tax provision (ASC 740) calculations and related work papers.
• Review/prepare and reconcile state apportionment and state adjustment workpapers.
• Develop and implement efficient practices for gathering information and preparing tax provisions and returns.
• Prepare research memoranda, written guidance, and other documents.
• Create processes to manage data integration into tax software.
• Document positions regarding income tax exposures (FIN 48) and update quarterly.

Skills

Tax concepts

Analytical skills

Excel

ERP reporting knowledge

Education

Bachelor's degree in accounting or related field

CPA designation or CA equivalent

Master of Tax (preferred)

Tools

OneSource

PowerBI

Alteryx

ERP consolidation tools

Job description

For more than 70 years, MasterBrand has been shaping the places where people come together, enriching lives and creating meaningful memories for our customers. We are the #1 manufacturer of residential cabinets in North America, and our associates produce the most comprehensive portfolio of superior cabinetry products for the kitchen, bath and other parts of the home. Come see why our associates love working at MasterBrand.

Job Description:

The Senior Analyst, Tax reports to the Manager, Tax. This position is responsible for completing projects under all assigned areas of federal, state and international tax compliance, planning, tax accounting, tax reporting, United States audit defense for the purpose of ensuring compliance with US Federal, state and local tax laws, reporting requirements and tax payment requirements for the Company. This role is remote, with a preference for candidates who can work Eastern or Central time zone hours.

Responsibilities:

• Review/preparation of federal, state, and local income tax reporting and related work papers.
• Review/preparation of federal and state estimated payments and extension calculations.
• Review/preparation of income tax provision (ASC 740) calculations and related work papers.
• Review/prepare and reconcile state apportionment and state adjustment workpapers.
• Contributes to the development and implementation of efficient practices for gathering information and preparing tax provisions and returns.
• Prepare research memorandum, written correspondence/guidance, and other documents.
• Creates processes and procedures to manage the integration of financial data and tax information seamlessly.
• Collaborates with the Accounting, Finance, and Financial Planning & Analysis teams at Corporate and within the Business Units to understand the book treatment of transactions, ensuring accurate federal return positions.
• Assists with development and maintenance of information reporting tools to facilitate data integration into the tax preparation software.
• Documents the Company's positions regarding income tax exposures (FIN 48). Updates quarterly and prepares related journal entries and supporting documentation.
• Assists in defending the Company's tax positions during Internal Revenue Service (IRS) and state audits and in responding to IRS and state notices including maintaining the audit and notice logs.
• Prepares account reconciliations, analysis, and journal entries. Maintains tax payments and refunds log.
• Prepares projections of taxable income, alternative minimum taxable income, and earnings and profits. Prepares forecasts of worldwide cash taxes. Maintains projections models used for tax planning purposes.
• Assists in developing tools, processes, or systems for use by the Tax Department to gain compliance efficiencies and sustainable governance.
• Maintains the income tax due date calendar and checklists for the filings of all entities. Sets up new filings and generate reports as necessary.
• Maintains professional and technical accounting knowledge through appropriate training and education.
• Ensures financial integrity by following established procedures and company internal controls that are in accordance with GAAP, MasterBrand policies, Code of Conduct, and other applicable guidelines.

Qualifications:

• Bachelor's degree in accounting or related field required; Certified Public Accountant (CPA) designation or Chartered Accountant (CA) equivalent, and/or Master of Tax preferred.
• 3+ years of experience in a Big 4 firm or a large public company tax department.
• General knowledge of Generally Accepted Accounting Principles (GAAP), and/or International financial Reporting Standards (IFRS), Sarbanes Oxley, United States income tax principles, multinational, and corporate tax law required.
• Working knowledge of income tax concepts.
• Strong organizational and analytical skills with the ability to shape complex data into meaningful operational analysis.
• Excellent computer system skills in the use of Microsoft Office Suite (PowerPoint, Word, Excel, Outlook) and accounting and tax software such as OneSource.
• Knowledge and experience with Enterprise Resource Planning (ERP) consolidation, extraction, and reporting tools preferred. Experience with Alteryx, PowerBI, and similar tools preferred.
• Ability to travel 5-10% annually (domestic and internationally).

Equal Employment Opportunity

MasterBrand Cabinets LLC is an equal opportunity employer. MasterBrand Cabinets LLC's policy is not to discriminate against any applicant or employee based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability/handicap status, marital status, military status, sexual orientation, genetic history or information, or any other basis protected by federal, state or local laws. MasterBrand Cabinets LLC also prohibits harassment of applicants or employees based on any of these protected categories. It is also MasterBrand Cabinets LLC's policy to comply with all applicab