Arkansas Electric Cooperative

  • Tax Accountant

    Job Locations US-AR-Little Rock
    Posted Date 2 weeks ago(10/9/2018 5:38 PM)
    Job ID
    2018-1619
    # of Openings
    1
    Department
    Tax and Insurance
    Min Pay Rate
    USD $53,600.00/Yr.
    Max Pay Rate
    USD $85,000.00/Yr.
  • Overview

    Tax Accountant

    Little Rock, AR, USA

    Tax & Insurance/ Full Time

     

    Arkansas Electric Cooperative Corp. (AECC) is an organization with a rich history and a bright future. As a leader in the energy industry we look to our employees to help us grow, change, and provide power to over 500,000 members of our 17 electric distribution cooperatives.

     

    A Tax Accountant provides knowledge, expertise and support in taxation by preparing tax returns, projecting future tax liabilities, researching issues and monitoring compliance of Internal Revenue Service (IRS) regulations. In this position, you will be given the opportunity to work alongside peers who are versatile, enthusiastic, and continue to strive to push AECI, AECC and its subsidiaries and our mission forward.

     

    Responsibilities

    • Advises AECC, AECI, ERMCO and member cooperatives regarding tax accounting, federal and state laws and other statutes, in order to reduce tax liabilities to the extent possible.
    • Prepares various tax returns and corresponding work papers such as corporate income tax, state franchise, excise and income tax and deferred compensation trust returns.
    • Assists in coordinating with various Divisions to generate accurate tax liability projections. Advises other cooperative divisions on tax matters, as necessary.
    • Assists in preparing Patronage/Capital Credit allocations for AECC, AECI and ERMCO.
    • Reviews current Internal Revenue Code (IRC) and any proposed tax changes for their effect on cooperative business, such as recommending procedural changes to limit tax liabilities and complying with IRS regulations.
    • Assists in working with auditors from various jurisdictions by maintaining complete work records, cooperative tax documents and correspondence to support AECC, AECI, ERMCO and TPI's tax positions in pertinent matters. Also, assists in reviewing auditors' tax liability interpretation and financial statement footnote disclosures.
    • Develops and monitors systems' information necessary to disclose deferred tax liabilities required by ASC 740: Income Taxes.
    • Creates and maintains AECC, AECI, ERMCO and TPI's tax depreciation schedules; computes regular tax and alternative minimum tax depreciation expense and investment tax credits for the current fiscal year and all preceding years.
    • Assists in preparation of financial statements and operating budgets by providing journal entries and other input on income tax and corporate insurance and by assisting in the timely payments of cooperative tax liabilities.
    • Assists in the research and development of the cooperatives tax position on issues of importance to G&T cooperatives, including patronage dividend allocation and retirement, Section 277 of the IRC, and other pertinent areas, as necessary.
    • Provides an assessment of the cooperatives' corporate risk and thereby achieve prudent insurance coverage while monitoring coverage levels necessary to meet contractual obligations.
    • Corresponds with federal and state taxing authorities regarding notices, assessments, and other inquiries.
    • Evaluates and advises management of corporate insurance policy coverage's and their adequacy. Also assists in securing insurance agents’ quotations on various types of property, liability, and other insurance premiums and evaluating their validity

    Minimum Qualifications

    • Bachelor’s degree in Accounting or related field plus 4 years related experience and/or training, or equivalent combination of education and experience.

     

    Strongly Preferred Qualifications

    • CPA Certificate

     

    Benefits

    • 2 Retirement Plan Options
    • Health, Dental, and Vision Insurance
    • 9 Paid holidays
    • Educational assistance
    • Paid Time Off
    • Short-term disability
    • Long-term disability
    • Free & confidential Employee Assistance Program

     

     

    EEO/AA/M/F/VETS/DISABLED

    Should you elect to apply for this position, AECC/AECI will review your qualifications. If after reviewing the qualifications and experience of all applicants, your skills and credentials meet our needs, someone from our organization may contact you. Please be advised that the time required to complete the applicant review process typically takes between 30 and 90 days, but could extend beyond that. Once the position has been filled, all applicants will be notified via email.

     

    Arkansas Electric Cooperative Corporation and Arkansas Electric Cooperatives, Inc. are Equal Opportunity Workplace and an Affirmative Action Employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, age or any other protected category.

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