Principal Financial Analyst
DT Midstream
Houston, Texas
financial
financial analyst
analyst
tax
accounting
financial
income
technical
midstream
income tax
energy
tax accounting
accounting standards
Apply with Tarta Assistant 🤖
Unleash the power of automation for your job search (Paid option) Apply Manually(Free)
I have time, I'll manually find and apply for jobs
Unleash the power of automation for your job search (Paid option) Apply Manually(Free)
I have time, I'll manually find and apply for jobs
90% of users say Tarta.ai Assistant helps them save time applying for jobs.
Not a member? Click
here to subscribe.
January 26, 2023
DT Midstream
Houston, Texas
FULL_TIME
At DT Midstream, we've got the energy to achieve great things! DT Midstream owns and operates a diverse, integrated portfolio of midstream pipeline, storage and gathering assets, allowing us to provide a comprehensive set of midstream services to our customers across the Southern, Northeastern and Midwestern United States and into Canada. Our newly independent public company is an energy industry leader with more than 20 years of proven success as part of DTE Energy and our focus is to be safe, caring, dependable and efficient in all we do.
Job Summary
Serves as key member of tax accounting team responsible for the timely and accurate preparation of Accounting Standards Codification (ASC 740) income tax calculations and all tax related financial statement disclosures. Provides technical support on the application of complex tax accounting issues and rules. Performs research, develops documentation, and prepares technical memos to support tax financial reporting positions. Acts as trusted advisor on complex accounting issues.
Key Accountabilities
Leads the assessment of tax-related financial statement impacts of tax planning transactions, providing guidance in accordance with ASC 740 and effectively communicating requirements
Calculates and reviews income tax provisions in accordance with ASC 740, including interim effective tax rates, deferred taxes, taxes payable, return-to-provision, etc.
Prepares and reviews tax basis balance sheets, income tax footnotes and tax-related disclosures in quarterly and annual financial statements
Assists with financial modeling and forecasting of various ad hoc scenarios, including tax controversy and planning initiatives
Monitors emerging issues in accounting standards (e.g., U.S. generally accepted accounting principles (GAAP) and U.S. Securities and Exchange Commission (SEC) reporting), including proposed changes in tax laws and tax-related financial statement impact
Researches and prepares technical memos to support tax financial reporting positions (e.g. liabilities recorded for uncertain tax positions, situations involving the application of valuation allowances, etc.)
Ensures compliance with internal controls for financial reporting income taxes
Assists with system oversight of accounting platform (OneSource Tax Provision) requirements, including set- ups, rollovers, adjustments, trial balance imports, etc.
Partners with tax and accounting experts as well as internal and external auditors
Minimum Education & Experience Requirements
Bachelor's degree in accounting or finance from an accredited college or university and 7 years of corporate ASC 740 experience
Other Qualifications
Preferred:
Certified Public Accountant (CPA), Master’s degree in Business Administration (MBA), or Master’s of Science degree in Taxation (MST)
Advanced Excel skills
Experience with OneSource Income Tax platform Other Requirements:
Extensive working knowledge of U.S. GAAP accounting principles and ASC 740
Advanced knowledge of consolidated tax return regulations and multi-state tax concepts
Ability to balance technical knowledge with practical application of rules
Ability to research and propose resolutions on tax issues
Advanced analytical and problem-solving skills with the ability to make quality decisions in a timely manner
Acts as trusted advisor who is easy to work with, having the ability to communicate complex concepts and analyses in ways that are meaningful and useful to both tax and non-tax professionals as well as various levels of management
Strong organizational skills and the ability to work in a deadline driven environment
Proficient with Excel, Word, and PowerPoint
Other Requirements:
Ability to multi-task and manage multiple projects at one time
Highly developed planning, analytical and problem solving skills
Highly developed leadership and interpersonal skills including specific technical abilities and the ability to respond to emergency situations
Job Summary
Serves as key member of tax accounting team responsible for the timely and accurate preparation of Accounting Standards Codification (ASC 740) income tax calculations and all tax related financial statement disclosures. Provides technical support on the application of complex tax accounting issues and rules. Performs research, develops documentation, and prepares technical memos to support tax financial reporting positions. Acts as trusted advisor on complex accounting issues.
Key Accountabilities
Leads the assessment of tax-related financial statement impacts of tax planning transactions, providing guidance in accordance with ASC 740 and effectively communicating requirements
Calculates and reviews income tax provisions in accordance with ASC 740, including interim effective tax rates, deferred taxes, taxes payable, return-to-provision, etc.
Prepares and reviews tax basis balance sheets, income tax footnotes and tax-related disclosures in quarterly and annual financial statements
Assists with financial modeling and forecasting of various ad hoc scenarios, including tax controversy and planning initiatives
Monitors emerging issues in accounting standards (e.g., U.S. generally accepted accounting principles (GAAP) and U.S. Securities and Exchange Commission (SEC) reporting), including proposed changes in tax laws and tax-related financial statement impact
Researches and prepares technical memos to support tax financial reporting positions (e.g. liabilities recorded for uncertain tax positions, situations involving the application of valuation allowances, etc.)
Ensures compliance with internal controls for financial reporting income taxes
Assists with system oversight of accounting platform (OneSource Tax Provision) requirements, including set- ups, rollovers, adjustments, trial balance imports, etc.
Partners with tax and accounting experts as well as internal and external auditors
Minimum Education & Experience Requirements
Bachelor's degree in accounting or finance from an accredited college or university and 7 years of corporate ASC 740 experience
Other Qualifications
Preferred:
Certified Public Accountant (CPA), Master’s degree in Business Administration (MBA), or Master’s of Science degree in Taxation (MST)
Advanced Excel skills
Experience with OneSource Income Tax platform Other Requirements:
Extensive working knowledge of U.S. GAAP accounting principles and ASC 740
Advanced knowledge of consolidated tax return regulations and multi-state tax concepts
Ability to balance technical knowledge with practical application of rules
Ability to research and propose resolutions on tax issues
Advanced analytical and problem-solving skills with the ability to make quality decisions in a timely manner
Acts as trusted advisor who is easy to work with, having the ability to communicate complex concepts and analyses in ways that are meaningful and useful to both tax and non-tax professionals as well as various levels of management
Strong organizational skills and the ability to work in a deadline driven environment
Proficient with Excel, Word, and PowerPoint
Other Requirements:
Ability to multi-task and manage multiple projects at one time
Highly developed planning, analytical and problem solving skills
Highly developed leadership and interpersonal skills including specific technical abilities and the ability to respond to emergency situations
Report this job