Exelon Services, Inc.
Sr Tax Analyst - BSC (hybrid)
Exelon Services, Inc., Chicago, Illinois, United States, 60290
Who We Are
We're powering a cleaner, brighter future.
Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.
We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 19,000 colleagues strong serving more than 10 million customers at six energy companiesAtlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).
In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career.
Are you in?
Primary Purpose
PRIMARY PURPOSE OF POSITIONThe Senior Tax Analyst will assist with the preparation, recording and reporting of Exelons federal taxes in the quarterly and annual financial statements. In addition, this individual will be responsible for the preparation of income and non-income tax returns of the Exelon companies. This includes assistance with all compliance matters related to federal taxes.
Primary Duties
PRIMARY DUTIES AND ACCOUNTABILITIES
Assist with the calculation of Exelons federal tax expense, reconcile federal tax account balances, prepare federal tax basis balance sheet adjustments, prepare federal FIN 48 and FAS 109 supporting workpapers, schedules and calculations, including federal valuation allowances, execution of all federal related SOX controls, and U.S. and non-U.S. international tax filings (30%)Prepare workpapers, schedules, calculations and other items related to federal tax return filings as well as estimated tax payments, extension payments and tax sharing settlements (30%)Support IRS exam process, administration and drafting of responses to tax notices and preparation and filing of amended federal tax returns (10%)Calculate interest expense on federal tax deficiencies, preparation of all supporting workpapers, schedules and calculations, and collaborate with other groups to ensure interest is properly reflected in financials (5%)Prepare workpapers and calculations supporting the tax portions of the latest estimates and long range plans (10%)Assist with implementation of changes in tax laws, process improvements, planning opportunities, and other ad hoc projects (10%)Assist with technical research supporting tax positions taken in federal tax filings, including drafting of written memorandums (5%)Job Scope
JOB SCOPE
Reports directly to the business unit Tax ManagerThe Tax Department's primary office is in Chicago, Illinois .
Minimum Qualifications
MINIMUM QUALIFICATIONS
Undergraduate Accounting or other financial disciplineAt least 5 years related experience including 3 or more years of professional tax experience focusing on large publicly traded corporations, including a combination of industry and public accounting experienceFamiliarity with all major areas of federal and state tax lawAppreciation of the impact of taxes on the financial statementsGood research, writing and communication skills40 hours of ongoing annual continuing professional education will be required of all professionals in the Department (at the Company's expense)
Preferred Qualifications
PREFERRED QUALIFICATIONS
Energy industry experience is desirable, though not at the expense of a broad base of experience.Certified Public Accountant or other financial certification and/or advanced degree (MST)
Benefits
Annual salary will vary based on a candidate's skills, qualifications, experience, and other factors:USD $85,600.00/Yr. - USD $128,400.00/Yr.Annual Bonus for eligible positions: 15%401(k) match and annual company contributionMedical, Dental and Vision InsuranceLife and disability insuranceGenerous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave (based on position)Long Term Incentive Plan for eligible positionsWellbeing programs such as tuition reimbursement, adoption assistance and fitness reimbursementReferral bonus programAnd much more
We're powering a cleaner, brighter future.
Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.
We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 19,000 colleagues strong serving more than 10 million customers at six energy companiesAtlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).
In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career.
Are you in?
Primary Purpose
PRIMARY PURPOSE OF POSITIONThe Senior Tax Analyst will assist with the preparation, recording and reporting of Exelons federal taxes in the quarterly and annual financial statements. In addition, this individual will be responsible for the preparation of income and non-income tax returns of the Exelon companies. This includes assistance with all compliance matters related to federal taxes.
Primary Duties
PRIMARY DUTIES AND ACCOUNTABILITIES
Assist with the calculation of Exelons federal tax expense, reconcile federal tax account balances, prepare federal tax basis balance sheet adjustments, prepare federal FIN 48 and FAS 109 supporting workpapers, schedules and calculations, including federal valuation allowances, execution of all federal related SOX controls, and U.S. and non-U.S. international tax filings (30%)Prepare workpapers, schedules, calculations and other items related to federal tax return filings as well as estimated tax payments, extension payments and tax sharing settlements (30%)Support IRS exam process, administration and drafting of responses to tax notices and preparation and filing of amended federal tax returns (10%)Calculate interest expense on federal tax deficiencies, preparation of all supporting workpapers, schedules and calculations, and collaborate with other groups to ensure interest is properly reflected in financials (5%)Prepare workpapers and calculations supporting the tax portions of the latest estimates and long range plans (10%)Assist with implementation of changes in tax laws, process improvements, planning opportunities, and other ad hoc projects (10%)Assist with technical research supporting tax positions taken in federal tax filings, including drafting of written memorandums (5%)Job Scope
JOB SCOPE
Reports directly to the business unit Tax ManagerThe Tax Department's primary office is in Chicago, Illinois .
Minimum Qualifications
MINIMUM QUALIFICATIONS
Undergraduate Accounting or other financial disciplineAt least 5 years related experience including 3 or more years of professional tax experience focusing on large publicly traded corporations, including a combination of industry and public accounting experienceFamiliarity with all major areas of federal and state tax lawAppreciation of the impact of taxes on the financial statementsGood research, writing and communication skills40 hours of ongoing annual continuing professional education will be required of all professionals in the Department (at the Company's expense)
Preferred Qualifications
PREFERRED QUALIFICATIONS
Energy industry experience is desirable, though not at the expense of a broad base of experience.Certified Public Accountant or other financial certification and/or advanced degree (MST)
Benefits
Annual salary will vary based on a candidate's skills, qualifications, experience, and other factors:USD $85,600.00/Yr. - USD $128,400.00/Yr.Annual Bonus for eligible positions: 15%401(k) match and annual company contributionMedical, Dental and Vision InsuranceLife and disability insuranceGenerous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave (based on position)Long Term Incentive Plan for eligible positionsWellbeing programs such as tuition reimbursement, adoption assistance and fitness reimbursementReferral bonus programAnd much more