Tax Analyst

Company: Navient
Location: Herndon
Posted on: January 23, 2025

Job Description:

The Tax Analyst is responsible for assisting the State Tax Managing Director and Manager with all aspects of the state tax compliance function.This is a hybrid role with 2 days a week out of our Herndon, VA office.1. State Tax Compliance - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

• Prepare/review state income tax returns, estimates, and extensions
• Prepare/review state and local non-income tax returns
• Respond to state tax notices as needed2. Federal Tax Compliance
  • Complete various aspects of the federal tax compliance function - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -3. Prepare State ASC740 (Income Tax Provision) Calculations on an Annual and Quarterly Basis - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
    • Prepare state apportionment factor analysis, modifications, and other information to support the quarterly and annual state effective tax rates
    • Prepare other state specific provision schedules, including NOL and Capital Loss carryover schedules4. Prepare State FIN 48 (Uncertain Tax Position) Calculations - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
      • Prepare quarterly calculations
      • Assist identifying new uncertain tax positions5. State Tax Audits - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
        • Assist in the completion of information document requests from state tax auditors6. Support Company's Internal Control Process Design and Testing - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
          • Review state tax procedures and controls to ensure they are working effectively
          • Assist with management testing of internal controlsMINIMUM REQUIREMENTS:
            • Bachelor's Degree - Accounting or Related Field
            • 2-4 years of experience with large-size accounting firm or Corporate Tax department
              • Experience in state corporate taxation
              • Experience with tax accounting under ASC 740
              • Experience with corporate tax software, preferably OneSource.
                • Expertise in Microsoft Office products, especially ExcelPREFERRED QUALIFICATIONS:
                  • CPA and/or advanced degree
                  • Experience with financial institutionsAll offers of employment are contingent on standard background checks. Navient and certain of its affiliated companies are federal, state and/or local government contractors. Should this position support a Federal Government contract, now or in the future, the successful candidate will be subject to a background check conducted by the U.S. Government to determine eligibility and suitability for federal contract employment for public trust or sensitive positions. Positions that support state and/or local contracts also may require additional background checks to determine eligibility and suitability.EOE Race/Ethnicity/Sex/Disability/Protected Vet/Sexual Orientation/Gender Identity. Navient Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.Navient is a drug free workplace.

Keywords: Navient, Bel Air South , Tax Analyst, Accounting, Auditing , Herndon, Maryland