Job Description
Job description
Location: Flexible and in any state where the firm has an office.
Position Summary:
Reporting to the CFO, the Tax Accountant will work with our external tax consultants to make quarterly estimated tax payments and coordinate all K-1 information necessary for completing the annual return. This role is also responsible for compiling our monthly cash basis financial data for the CFO and committee review.
Essential Functions Include:
• Maintaining our MACRS tax depreciation assets with our fixed asset module.
• Keeping quarterly partner elections up to date for our outside tax consultants to make accurate estimated partner tax payments.
• Partner Pass-Thru Entity (PTE) reconciliation for all partners and capital partner distribution review.
• Updating partner compensation information to outside consultants for final K-1 preparation.
• Review the tax return at the firm and individual partner levels.
• State and Local tax returns, filing and payments throughout the year.
• Advise management about the impact of tax liabilities and corporate strategies or new tax laws.
• Keep up to date with tax changes and industry trends by participating in educational opportunities, participating in professional organizations, keeping up with professional networks and reading professional publications.
• Month-end time entry reconciliation between our time entry and ERP systems.
• Month-end general ledger reconciliation and financial statement formatting.
• Other ad-hoc reporting and financial responsibilities within the firm.
Qualifications and Prior Experience:
• Bachelor's Degree in Accounting or Finance preferred, or equivalent experience.
• Minimum of 3 years of Tax Accounting experience. Experience in law firm preferred.
• Ability to perform basic analysis and calculate key financial metrics.
• Knowledge and understanding of general accounting policies and procedures.
• Attention to detail and accuracy in all day-to-day activities.
• Demonstrate a sense of initiative to identify problems and take action to remediate proactively.
• Professional oral and written communication skills.
• Willingness and ability to function as a part of a team.
• Ability to prioritize and execute on a diverse range of tasks.
• Proficiency in Excel and Microsoft Office applications.
This job description is intended to describe the general nature and level of the work being performed by employees in this job. It is not intended to be a complete list of all responsibilities, duties, and skills required for this job classification.
As an EOE/AA employer, Hinshaw & Culbertson LLP will not discriminate in its employment practices due to an applicant's age, race, color, religion, sex, ****** orientation, gender, gender identity, gender expression, national origin, protected veteran or disability status or any other factor prohibited by law.
Location: Flexible and in any state where the firm has an office.
Position Summary:
Reporting to the CFO, the Tax Accountant will work with our external tax consultants to make quarterly estimated tax payments and coordinate all K-1 information necessary for completing the annual return. This role is also responsible for compiling our monthly cash basis financial data for the CFO and committee review.
Essential Functions Include:
• Maintaining our MACRS tax depreciation assets with our fixed asset module.
• Keeping quarterly partner elections up to date for our outside tax consultants to make accurate estimated partner tax payments.
• Partner Pass-Thru Entity (PTE) reconciliation for all partners and capital partner distribution review.
• Updating partner compensation information to outside consultants for final K-1 preparation.
• Review the tax return at the firm and individual partner levels.
• State and Local tax returns, filing and payments throughout the year.
• Advise management about the impact of tax liabilities and corporate strategies or new tax laws.
• Keep up to date with tax changes and industry trends by participating in educational opportunities, participating in professional organizations, keeping up with professional networks and reading professional publications.
• Month-end time entry reconciliation between our time entry and ERP systems.
• Month-end general ledger reconciliation and financial statement formatting.
• Other ad-hoc reporting and financial responsibilities within the firm.
Qualifications and Prior Experience:
• Bachelor's Degree in Accounting or Finance preferred, or equivalent experience.
• Minimum of 3 years of Tax Accounting experience. Experience in law firm preferred.
• Ability to perform basic analysis and calculate key financial metrics.
• Knowledge and understanding of general accounting policies and procedures.
• Attention to detail and accuracy in all day-to-day activities.
• Demonstrate a sense of initiative to identify problems and take action to remediate proactively.
• Professional oral and written communication skills.
• Willingness and ability to function as a part of a team.
• Ability to prioritize and execute on a diverse range of tasks.
• Proficiency in Excel and Microsoft Office applications.
This job description is intended to describe the general nature and level of the work being performed by employees in this job. It is not intended to be a complete list of all responsibilities, duties, and skills required for this job classification.
As an EOE/AA employer, Hinshaw & Culbertson LLP will not discriminate in its employment practices due to an applicant's age, race, color, religion, sex, ****** orientation, gender, gender identity, gender expression, national origin, protected veteran or disability status or any other factor prohibited by law.
💡 Quick Summary
Seeking a career-building opportunity? The Tax Accountant position is now open for candidates interested in the Accountant Jobs sector. This role in Minneapolis offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.