Tax Accountant - Indirect Tax

GATX; Chicago (IL); Hybrid; USD 59,600 - 70,400; Full time

Benefits offered by this job

Dynamic work environment

Employee benefits

Travel for education

Job summary

A leading transportation leasing company is seeking a Tax Accountant - Indirect Tax in Chicago, IL. The role involves analyzing payroll tax returns, conducting tax research, and ensuring compliance with state and federal tax regulations. Candidates should possess a Bachelor's degree and relevant experience in payroll tax. This hybrid position offers competitive pay and requires working in the office at least 3 days a week.

Qualifications

• 1 - 2 years of payroll tax and related experience with a major corporation or accounting firm.
• Experience in the rail industry is preferred.
• Strong analytical skills in tax expense and accounting for large corporations.

Responsibilities

• Perform and analyze U.S. and Canadian payroll tax returns quickly and accurately.
• Research changes to applicable tax laws and provide insights.
• Represent the company in payroll and property tax audits and protests.

Skills

Payroll tax analysis

Negotiation

Microsoft Office

SAP

Tax research

Education

Bachelor’s degree

Tools

PTMS

Job description

Join to apply for the Tax Accountant - Indirect Tax role at GATX

Base pay range: $59,600.00/yr - $70,400.00/yr

Overview

Founded in 1898 and headquartered in Chicago, IL, GATX Corporation (NYSE: GATX) is an industry leader with 125+ years of success—success that is powered by our people. We are proud of our high-performance culture, hard-working and enthusiastic management team, and beautiful office space in the Willis Tower. At GATX, we hire the best and offer our employees a dynamic, energetic, collaborative environment to enable them to make an impact from day one. Enjoy the perks and benefits of a global company with the close-knit culture and community of a much smaller one. In the same way we strive to empower our customers to propel the world forward, we are dedicated to providing our people with the tools and resources they need to advance in their careers.

Responsibilities

• Perform and analyze the following activities:
• All U.S. and Canadian payroll tax returns for GATX Corporation and its subsidiaries, assuring accurate and timely compliance at minimum expense.
• Research and analyze changes to the applicable tax laws.
• Information retrieved from MasterTax is analyzed and reported on the tax return.
• Federal and State unemployment insurance.
• Volume is weekly, semi-monthly salaried and 2 bi-weekly.
• Interface w/ payroll to determine amounts for G/L accounts.
• Interface w/treasury to make on-line payments.
• Federal and State payroll taxes for Stock options.
• Plan for ways to minimize payroll, property taxes, identify tax saving opportunities, review state and local tax legislation. Perform tax research and prepare tax memoranda in connection with such planning.
• Represent GATX Corporation in payroll, property tax audits, appeals, and protests. Prepare tax schedules, memoranda, protests and other tax projects as assigned.
• Research audit position.
• Gather documentation.
• Assist Senior Manager with legal explanations of positions reported on tax returns.
• Unclaimed Property tax reports and payments.
• File Unclaimed Property tax reports and make required payments.
• Converse with outside consultants regarding documentation.
• Review state websites for potential refund claims.

Qualifications

• Bachelor’s degree required or equivalent education.
• 1 - 2 years of payroll tax and related experience with a major corporation or accounting firm.
• Experience in the rail industry is preferred.
• This individual should have experience analyzing tax expense and accounting for large corporations.
• The ability to negotiate effectively is essential.
• General experience Microsoft Office, SAP, PTMS, or similar products is also required.

Other

• Travel will be required including travel for education. Travel should not exceed 20%

This is a hybrid position which will require the employee to work in the office at least 3 days a week throughout the year. The employee may work remotely the balance of the time, apart from quarter and year-end close, when work is fully in-office.

Seniority Level

• Associate

Employment Type

• Full-time

Job Function

• Accounting / Auditing