What are the responsibilities and job description for the Tax Assoc II position at Duquesne Light?
Duquesne Light Company, headquartered in downtown Pittsburgh, is a leader in providing electric energy and has been in the forefront of the electric energy market, with a history rooted in technological innovation and superior customer service. Today, the company continues its role as a leader in the transmission and distribution of electric energy, providing a secure supply of reliable power to more than half a million customers in southwestern Pennsylvania.
Duquesne Light Company is committed to creating a culture of inclusion. We value and respect the unique differences and experiences of our employees. We believe that our differences lead to better collaboration, innovation and outcomes. We want you to join our team!
Posting Title: Tax Associate II
Overall Purpose:
The Tax Associate is responsible for the preparation and filing of the federal and state income taxes ensuring accuracy and compliance with IRS and state regulations. This position is responsible for the quarterly tax close and related reporting tasks for the non-regulated entities. Focus of work will apply to the Company's non-regulated entities with the majority of time being spent on tax compliance and provisions.
Location: Hybrid, downtown Pittsburgh, Pennsylvania
Job Responsibilities:
- Prepares income tax provision calculations, records journal entries, performs account reconciliations and contributes to the year-end income tax audit
- Assists in researching tax regulations to stay current on changes in tax legislation and understand how they apply to the company
- Analyzes financial documents, such as income statements, balance sheets and journal entry details to accurately report taxable income and deductions
- Prepares income tax disclosures for internal and external reporting requirements
- Contributes to the income tax budgeting and forecasting process and related effects on net income and cash tax flow
- Prepares subsidiary Federal pro formas, Federal consolidated income tax return and related multiple state income tax returns
- Prepares and files Federal and State extensions and estimated payments
- Supports IRS and state tax audits by gathering necessary documentation and providing explanations for tax positions taken
- Utilizes tax software and other technologies to streamline the tax preparation and filing process
Education/Experience:
- Bachelor’s degree in Accounting, Finance or related business field required
- 2 years of relevant professional experience.
- Experience with OneSource
Preferred Qualifications:
- Knowledge of state and federal taxes
- Working knowledge of Microsoft Office
- Experience with tax research tools
- Knowledge of data analytics and automation systems
- Knowledge of artificial intelligence technical skills
- Experience with PowerPlan's - Tax Provision module or other tax provisioning system
- Experience with PowerPlan's - PowerTax module or other tax fixed asset system
Must possess a positive attitude and strong values that fit with DLC’s core values:
- Energized to shape the future;
- Bold in thinking and exploration of new possibilities;
- Collaborative in approaching all challenges;
- Responsible in commitment to safety, management of assets and finances and interaction with others;
- Selfless in serving the community, both on the job and through volunteerism.
Scope:
Primary focus is on daily deliverables, outputs and reporting. Typically accountable for managing one's own time and work flow. Responsible for using prescribed guidelines to analyze situations and solve problems. Work is typically of moderate complexity requiring the incumbent to draw on previous knowledge to perform role. Continues to build knowledge base and develop capabilities by partnering with more experienced staff as needed.
Decision Impact:
Problems and issues faced are vague but may be recognizable based on past experience. Accountable for some direct level of reasoning and decision making in straightforward situations based on precedents.
Hybrid Work:
Position follows our hybrid work model, with a minimum of two days working in the office and the remaining days working remotely. Reporting location and frequency may be subject to change based on job role and department needs.
Storm Roles:
All Non-Union Employees will serve in storm roles as appropriate to their role and skillset. Please be sure to discuss storm roles with the hiring manager for this position, as duties can vary across the Company. Examples of storm roles could include but aren’t limited to duties such as: working with operations for service center support or with the communications, customer service, or government affairs teams to respond to public and customer requests for information, etc.
Data Governance:
Utilize data to make business decisions as appropriate for the position, support data stewardship activities and partner with IT on underlying data needs.
Disclaimer:
The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
EQUAL OPPORTUNITY EMPLOYER
Duquesne Light Holdings is committed to providing equal employment opportunity to all people in all aspects of the employment relationship, without discrimination because of race, age, sex, color, religion, national origin, disability, sexual orientation and gender identity or status as a Vietnam era or special disabled veteran or any other unlawful basis, as defined by applicable law, and fostering a workplace free of unlawful discrimination and retaliation. This policy affects decisions including, but not limited to, hiring, compensation, benefits, terms and conditions of employment, opportunities for promotion, transfer, layoffs, return from a layoff, training and development, and other privileges of employment. An integral part of Duquesne Light Holdings' commitment is to comply with all applicable federal, state and local laws concerning equal employment and affirmative action.
Duquesne Light Holdings is committed to providing equal employment opportunity to all people in all aspects of the employment relationship, without discrimination because of race, age, sex, color, religion, national origin, disability, sexual orientation and gender identity or status as a Vietnam era or special disabled veteran or any other unlawful basis, as defined by applicable law, and fostering a workplace free of unlawful discrimination and retaliation. This policy affects decisions including, but not limited to, hiring, compensation, benefits, terms and conditions of employment, opportunities for promotion, transfer, layoffs, return from a layoff, training and development, and other privileges of employment. An integral part of Duquesne Light Holdings' commitment is to comply with all applicable federal, state and local laws concerning equal employment and affirmative action.
Duquesne Light Holdings is committed to offering an inclusive and accessible experience for all job seekers, including individuals with disabilities. Our goal is to foster an inclusive and accessible workplace where everyone has the opportunity to be successful.
If you need a reasonable accommodation to search for a job opening, apply for a position, or participate in the interview process, connect with us at HR@duqlight.com and describe the specific accommodation requested for a disability-related limitation.
