Baxter

Senior Analyst, Federal Tax Compliance & IRS Audits

Recruiter
Baxter
Location
Deerfield, IL
Salary
Market-competitive pay and benefits
Posted
22 Apr 2024
Closes
01 May 2024
Ref
JR - 110073
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

This is where you save and sustain lives

At Baxter, we are deeply connected by our mission. No matter your role at Baxter, your work makes a positive impact on people around the world. You’ll feel a sense of purpose throughout the organization, as we know our work improves outcomes for millions of patients. 

Baxter’s products and therapies are found in almost every hospital worldwide, in clinics and in the home. For over 85 years, we have pioneered significant medical innovations that transform healthcare.

Together, we create a place where we are happy, successful and inspire each other. This is where you can do your best work. 

Join us at the intersection of saving and sustaining lives— where your purpose accelerates our mission.  

Your Role at Baxter: 

This position will take a hands-on role in the preparation and filing of Baxter’s U.S. consolidated federal income tax return, including the preparation and filings of any estimated and extension tax payments related thereto. In certain instances, this role may also review work performed by other staff members. This role will also prepare responses to information document requests issued by the IRS related to federal income tax matters to be reviewed by the Sr Manager, Domestic Tax Compliance & IRS Audits. Lastly, this role will support quarterly and annual tax provision matters, U.S.-international and state income tax compliance matters on an as-needed basis.

What You'll be Doing: 

  • Support the U.S. federal income tax compliance process in order to meet external filing requirements. This includes following internal deadlines and managing multiple workstreams to prepare and e-file the U.S. consolidated federal income tax return in a timely and accurate manner.
  • Prepare U.S. federal proforma returns and consolidated return items, including any book-tax adjustments. In certain instances, this role may also review work performed by other staff members.
  • Prepares responses to information document requests and tax notices issued by the IRS related to federal income tax matters to be reviewed by the Sr Manager, Domestic Tax Compliance & IRS Audits.
  • Prepare federal income tax payments and extensions.
  • Extract financial data from the Company’s general ledger into CorpTax.
  • Prepare and analyze any federal return-to-provision adjustments after the U.S. consolidated federal income tax return is filed.
  • Support the U.S. federal and state R&D Credit study including scheduling interviews between the Company and its external R&D credit service provider.
  • Follow the U.S. federal income tax return filing calendar to ensure compliance with all deadlines.
  • Provide assistance on annual and quarterly U.S. federal tax provision calculations.
  • Assist with implementing process improvement matters related to the federal income tax return compliance process, including but not limited to reformatting workpapers to drive efficiencies (trial balances, domestic proforma and consolidated workpapers) and automation opportunities to reduce/eliminate non-value add work.
  • Incorporate the impact of U.S. federal income tax law changes to ensure the accurate filing of the Company’s federal income tax return.
  • Provide support on state income tax matters on an as needed basis.
  • Handles documentation organization of files on shared network.

What You'll Bring: 

  • Bachelor’s Degree in Accounting or Finance
  • 3 plus years of corporate federal income tax experience
  • Experience with working cross-functionally within a Corporate Tax function, including U.S-international compliance, state income tax compliance and tax accounting groups.
  • Working experience on IRS Audits is preferred
  • Highly proficient in Microsoft Office
  • Proficient in CorpTax is preferred
  • Strong analytical and communication skills
  • Detail oriented with strong organizational skills for multi-tasking

Baxter is committed to supporting the needs for flexibility in the workplace. We do so through our flexible workplace policy which includes a minimum of 3 days a week onsite. This policy provides the benefits of connecting and collaborating in-person in support of our Mission.

We understand compensation is an important factor as you consider the next step in your career. At Baxter, we are committed to equitable pay for all employees, and we strive to be more transparent with our pay practices. The estimated base salary for this position is $72,000 to $99,000 annually. The estimated range is meant to reflect an anticipated salary range for the position. We may pay more or less than of the anticipated range based upon market data and other factors, all of which are subject to change. Individual pay is based on upon location, skills and expertise, experience, and other relevant factors. This position may also be eligible for discretionary bonuses. For questions about this, our pay philosophy, and available benefits, please speak to the recruiter if you decide to apply and are selected for an interview.

The successful candidate for this job may be required to verify that he or she has been vaccinated against COVID-19, subject to reasonable accommodations for individuals with medical conditions or religious beliefs that prevent vaccination, and in accordance with applicable law.

For further information, and to apply, please visit our website via the “Apply” button below.

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