Company Description
Siemens AG is a global powerhouse in electronics and electrical engineering, and operates in the industry, energy and healthcare sectors. For more than 160 years, Siemens has built a reputation for leading-edge innovation and the quality of its products, services and solutions. With 428,000 employees in 190 countries, Siemens reported worldwide sales of $116.6 billion in fiscal 2008. With its U.S. corporate headquarters in New York City, Siemens in the USA reported sales of $22.4 billion and employs approximately 69,000 people throughout all 50 states and Puerto Rico. For more information on Siemens in the United States, visit www.usa.siemens.com.
Siemens is an Equal Opportunity Employer encouraging diversity in the workplace.
Job Description
This tax accounting position will be an integral part of the tax team reporting to the manager of Tax Management Services, of Global Shared Services, NA, a division of Siemens Corp. The mission of the department is to provide comprehensive support to all represented Siemens Operating Companies for transactional taxes including: sales and use taxes, property taxes, business licensees; 1042 compliance, and annual reports.
Major areas of responsibility include: sales and use tax audit defense, reverse audits, tax consulting, tax planning, tax accounting and special projects to achieve assigned departmental and company objectives and targets. External contacts will include taxing authorities, vendors, partners, and auditors. Internally this position will interface with Siemens Operating Companies (SOC's) to obtain data to conduct tax audits, provide training, and tax consulting in the sales tax arena to meet Service Level Agreements (SLA) with SOC's.
Tax Auditing/Reverse Audits
•Complete the assigned business and affiliates sales and use tax audits while ensuring accuracy and timeliness in compliance with the laws of the applicable state and local taxing authorities and in accordance with the policies and procedures of the business.
•Represent the interests of the business and affiliates to state and local taxing authorities during sales and use tax audits to ensure the minimization of business and affiliate audit deficiencies and impact.
•Identify and execute internal audits to recover sales/use tax exposure amounts and overpayments.
Tax Consulting/Strategic Planning
•Provide the business and affiliates with written and verbal timely multi-state and local tax advice through tax law research that will increases tax compliance with the laws and regulations of state and local taxing authorities.
•Provide tax analysis, planning, control and reporting for the business consistent with the Siemens guidelines and requirements for contract negotiations.
•Document, comply, monitor, evaluate and update internal state and local tax -state and local tax training workshops for the business and affiliates.
Tax Accounting
•Timely and accurately prepare and communicate account reconciliations to SOC's for assigned sales and use tax accounts via the TMS standard to comply with Siemens SOX's requirements and SLA's with SOC's.
•Calculate, document, and present audit accrual reserve calculations to SOC's through statistical calculations and established methodologies to accurately reflect SOC's sales tax audit exposures.
Qualifications:
•Bachelors Degree or equivalent experience in Accounting or Finance
•3-5 years of successful experience in a directly related field and successful demonstration of responsibilities and knowledge as presented above.
•Prior experience with a major company or governmental entity preferred
•CMI certification highly desirable
•Advanced concepts, practices, and procedures of Sales & Use Tax
•Demonstrated knowledge or principles and practices of sales and use tax.
•Demonstrated ability to operating in multiple ERP systems.
Capabilities:
•The ability to communicate effectively with internal and external contacts customers through strong written and verbal skills.
•The ability to negotiate effectively and in a tactful manner with Tax Services’ customers.
•The ability to pick up on relevant information and analyze complex situations based on facts and find solutions.
•The ability to independently manage assignments in a fast paced and deadline driven environment
Results and Quality Orientation:
•The ability to meet cycle times while ensuring quality work and appropriate audit trail of activities. (Do things right the first time.)
•Self-motivated, creative, decisive, and able to work under pressure with sound judgment in a fast paced environment.
•Attention to detail with excellent organization, oral communication and written communication skills.
•Ability to handle multiple projects or tasks while effectively prioritizing to meet deadlines in an ever changing fast paced environment.
•Proficient with MS Office Suite (PPT, Word and Excel)
