Job Details

Tax Associate

Rea is a growing top 100 business advisory and accounting firm providing our clients services in tax, accounting, and business consulting. We have a 'People First' culture and we focus on our employees' well-being and professional development. With over 400 professionals, our firm has a culture that respects a work-life balance for our team. We also provide competitive compensation and a robust benefits plan.

The Tax Associate is responsible for utilizing his or her educational background as well as communication and organizational skills by assisting with the preparation of tax returns, financial statements with disclosures, applying basic areas of GAAP as necessary, documenting and research. In this role, the Associate will be charged with utilizing basic research skills and working with tax software applications to complete simple tax returns for review.

Responsibilities

Tax Compliance

• Ensures both that (a) clients comply with all applicable authorities, while at the same time minimizing their tax and reporting burdens, and (b) self and client service teams comply with all Firm policies, standards, and the Rea's tax quality control policies
• Applies understanding of client's unique set of circumstances, documentation, and/or other requirements mandated by law and prepares required filings (tax returns) using a system of review and documentation to ensure that the client is in full compliance, while keeping the client's tax and reporting burden's as low as possible
• Ensures all data needed to comply with filing requirements are collected; identifies and properly communicates missing items to prepare return
• Utilizes Firm compliance software to maximize efficiency in tax prep process
• Effectively teams with Senior on completion of project (follow-up with Open items list; proactive and constant communication about possible project issues, etc.)
• Documents all significant tax positions

ASC 740-10 (FAS 109 and FIN 48) Tax Accruals

• Correctly and proactively applies Firm policies, standards, and the Rea's tax quality control policies regarding FAS 109 and FIN 48
• Assists with prep and/or review of income tax provisions

Tax Consulting

• Assists with developing, recommending, and implementing efficient and effective methods to maximize client benefits, especially by decreasing clients' current and future taxes
• Applies knowledge of home state corporate, partnership and individual tax structure and filing requirements in completing assigned work
• Effectively drafts clear and concise general memorandums and correspondence
• Identifies potential relevant tax issues or opportunities as part of the tax compliance process

Research

• Applies methodology used to seek or maintain information from authoritative sources and to draw conclusions regarding a target issue based on the information by:
• Researching basic and intermediate accounting topics and forming an initial opinion on the treatment independently
• Other duties as required