Junior Tax Accountant

Company: UL
Location: Arlington Heights
Posted on: October 14, 2021

Job Description:

At UL, we know why we come to work. Thousands of us around the world wake up every day with a common purpose: to make the world a safer, more secure and sustainable place. Science is in our DNA; we are endlessly curious and passionate about seeking and speaking the truth. We take delight in knowing that our work makes a meaningful contribution to society, and we are proud that our culture is centered on integrity, collaboration, inclusion and excellence. UL stands at the forefront of technological advancement, and we are continually challenged to find new ways to foster innovation and positive change. Satisfying? Yes. Exciting? Absolutely! 

Under direct supervision, assist with financial research and analysis for middle or seniormanagement for use in the development and measurement of business strategies and tactics.Assist with the preparation of tax returns, reports and related payments. Assist withpreparation of U.S. federal and state and/or non-U.S. tax matters. Assists in providingtechnical expertise to auditors relating to Federal and/or non-U.S. income taxmatters. Understands and provides guidance to Corporate Finance employees as well asother departments and auditors on simple to moderately complex tax issues. Assists withanalyzing accounts and reports and preparing tax returns, tax filings and supportingdocumentation. Works with the Tax manager and other management to assure Federal andstate and/or non U.S. tax compliance requirements are met accurately and efficiently.

• Assists department with analyzing accounts and reports, prepares tax returns, tax filings and supporting documentation. Applies fundamental accounting concepts and practices in assigned areas.
• Assists with preparing the tax provision portion of the financial statement disclosure including identification of temporary and permanent differences and development of effective tax rate schedules. Reviews financial statements to assure that adequate tax disclosures have been made.
• Provides periodic reports and special studies for middle and senior management based on UL’s financial performance.
• Assist Tax management team on U.S. and/or non-U.S. related tax matters.
• May assist Tax management on international tax laws and regulations such as: income taxes, indirect taxes such as VAT and GST, tax treaties, and tax withholdings.
• Performs other duties as directed.

• University Degree (Equivalent to a U.S. Bachelors Degree) in Accounting, Finance or aRelated discipline and two years direct related work experience.
• Certified Public Accountant certification preferred
• Demonstrated ability to interpret domestic and international tax concepts and regulations
• Demonstrated ability to analyze data and calculate the impact opportunities have on thecompany
• Working knowledge of the U.S. tax legislation and accounting principlesKnowledge of non-U.S. direct and indirect tax statutes may be required

• Mission For UL, corporate and social responsibility isn’t new. Making the world a safer, more secure and sustainable place has been our business model for the last 125 years and is deeply engrained in everything we do.
• People Ask any UL employee what they love most about working here, and you’ll almost always hear, “the people.” Going beyond what is possible is the standard at UL. We’re able to deliver the best because we employ the best.
• Interesting work Every day is different for us here as we eagerly anticipate the next innovation that our customers’ create. We’re inspired to take on the challenge that will transform how people live, work and play. And as a global company, in many roles, you will get international experience working with colleagues around the world.
• Grow & achieve We learn, work and grow together with targeted development, reward and recognition programs as well as our very own UL University that offers extensive training programs for employees at all stages, including a technical training track for applicable roles.
• Total Rewards All employees at UL are eligible for bonus compensation. UL offers a generous 401k matching structure of up to 5% of eligible pay. Additionally, we invest an additional 4% into your retirement saving fund after your first year of continuous employment. We provide Healthcare Reimbursement Accounts and Health Savings Accounts that UL contributes to twice per year! Depending on your role, you can work with your manager on flexible working arrangements. We also provide employees with paid time off including vacation, holiday, sick and volunteer time off.

Working at UL is an exciting journey that twists and turns daily. We thrive in the twists and revel in the turns. This is our every day. This is our normal. Curious? To learn more about us and the work we do, visit ul.org

Keywords: UL, Arlington Heights , Junior Tax Accountant, Other , Arlington Heights, Illinois