What are the responsibilities and job description for the Tax Analyst position at KONE?

KONE, founded in 1910, is one of the largest, award-winning elevator companies in the world and our offering for employees is as competitive as our offering for customers. Not only do we provide highly competitive salaries, company vehicles for specific roles, and world-class benefits for our salaried employees - we also pride ourselves on our culture and principles. Innovation, sustainability, collaboration, and ethical business practices are just some of the pillars that we use to define our own success. Come join our family in KONE Americas to be a part of something big!

JOB OVERVIEW

We are seeking a Tax Analyst to join our team in primary support for the U.S. Tax Managers.

The responsibility for this role encompasses various tax areas including assisting with direct and indirect tax filings, support indirect tax audit data compilation, management of tax exemption certificates collection, handling of general internal and external tax inquiries, working with tax tools to ensure tax records are entered accurately and timely. This person will work with Tax Managers to plan, prepare, and deliver timely and accurate tax returns and payments ensuring we comply with all relevant regulations. This role will help to ensure tax data is organized and collected in accordance with KONE Accounting Standards, Generally Accepted Accounting Standards (GAAP) and International Accounting Standards (IFRS). This role is expected to provide assistance to Tax Managers in the successful management of indirect and direct tax responsibilities and defense of KONE position in all Tax Audits (Income tax as well as Sales & Use tax). The person will be the SME for the Vertex. This role will support the KONE Auditors and others with any kind of tax related work.

Considering candidates near Lisle or Moline, IL ~ or Allen, Tx USA

JOB DUTIES : Indirect Tax

Responsible for management of tax exemption certificates, including collection and saving copies of all required certificates.
Pull exemption certificates from various sources, research validity of each certificate, and load into Vertex within 24-48 hours of receipt.
Support sales and use tax audits by pulling indirect tax audit documentation, including tax exemption certificates, pulling of ERP / Vertex reports and other various documents, and maintaining tracking files.
Develops a solid working knowledge of the business to defend tax positions.
Manage KONE Tax Mailbox and ensure that all emails are responded to within 48 hours
Collect and research data and reports within Vertex and SAP to ensure controls are maintained and compliance requirements are met.
Assist in review and maintenance of various matrices for sales and purchases across all areas of the U.S. business.
Assist in recoverability of taxes remitted to states by supporting tax refund projects.
Organize and participate in calls with various third parties to provide and receive tax information, internal stakeholders, auditors, and various taxing authorities.
Prepare clear and concise instructions and communications on various tax topics to internal users.
Researching independently as well as partnering with external advisors to ensure the correct interpretation and application of tax laws and regulations.
Utilizes technology for process automation.
Handles multiple tasks within a restrictive due date delivery timeframe.

Direct Tax

Review trial balances and other financial information.

Identify and analyze permanent and temporary differences.

Calculate current tax expense and current and deferred taxes.

Collect & organize tax letters from various taxation authorities, research requirements as needed, and communicate findings to managers.

Submit timely income tax payments for quarterly estimated payments, extensions, and annual and maintain conscience records of all payments and ensure they clear the bank.

Maintain records and track all income tax filings and corresponding data.

Assist external service providers and internal stakeholders to ensure timely and accurate tax filings of KONE entities in US.

Assist tax manager with annual filing of city income tax returns.

Tax Accounting, documentation and tools

Prepare income tax account reconciliations and coordinate tax entries with the accounting department.

Maintain tax account roll-forward schedules.

Reconcile estimated and actual effective tax rates.

Prepare tax journal entries.

Complete month end closing activities including journal entries, reporting, issue resolution as needed.

Support team with calculating and reconciling fixed assets from a tax perspective.

Avoid penalties and interest by maintaining adherence to internal controls, tax calendar, and policy.

Reconcile general ledger accounts relating to corporate income, sales, use, franchise, property, and other tax, including deferred tax and payable / receivable accounts.

Interact with internal and external auditors as necessary to complete audits.

Help team members with creating, updating, and maintaining workpapers used in the income tax & Sales and Use tax provision process.

Keep up to date all SOPs / written documentation on all tax processes.

Develop into a SME for Vertex as well as SAP (related to tax transactions).

Reconcile SAP vs Vertex at required intervals.

Ad-hoc :

Work with department managers on various ad hoc projects.

Actively participating in global and local development projects such as tax transformation and ERP implementation projects (including for extensive testing etc.).

The ideal candidate for the Tax Analyst role possesses advanced analytical and organizational skills, excels in written and verbal communication, and demonstrates a high level of accountability and collaboration. They are self-motivated, capable of working independently and as part of a team, and proficient in meeting tight deadlines while managing multiple tasks.

Key qualifications include expertise in Excel, knowledge of ERP systems (SAP preferred), and familiarity with tax software. The candidate should have a solid understanding of U.S. corporate tax requirements, tax research, and documentation, with a strong desire to identify and implement process improvements.

Additionally, the candidate must be able to simplify complex concepts, grasp business processes, data flows, and systems like SAP, and conduct research to support audit defense. A positive, adaptable attitude and the ability to thrive in a fast-paced environment are essential.

HIRING REQUIREMENTS

Bachelor's degree in accounting / Taxes, CPA preferred.

Must be comfortable in technical accounting with at least 2-3 years of experience working in a professional accounting role.

About KONE

We have the courage to hire great people from a wide variety of backgrounds, not just because it's the right thing to do, but because we believe diversity drives innovation :

We value your authentic self.

Diversity, equity and inclusion is embedded in our strategy and values.

Collaborative, creative, and supportive work environment.

Passionate about safety, quality, and innovation

We care about the communities where we live and work.

Some of our many benefits include :

Competitive salary

Flexible work schedule

Opportunities to learn and grow.

Matching 401K

Comprehensive health and wellness plans for the entire family

Paid holidays and paid time off

Come share your passion and energy to make a positive impact at KONE for our customers and your career!

Beware of Recruitment Scams

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.

The hiring range for this role is $90,300.00 - $124,190.00. The compensation package offered will depend on the candidate's ability to meet the requirements of the role and a range of factors unique to each candidate, including but not limited to their skill set, years and depth of experience, certifications, and location. We will also consider candidates in the following areas. Below are the ranges applicable to those locations :

Moline, IL area hiring range : $80,200.00- $110,330.00

Allen, TX area hiring range : $84,400.00 - $116,050.00

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At KONE, we are focused on creating an innovative and collaborative working culture where we value the contribution of each individual. Employee engagement is a key focus area for us and we encourage participation and the sharing of information and ideas. Sustainability is an integral part of our culture and the daily practice. We follow ethical business practices and we seek to develop a culture of working together where co-workers trust and respect each other and good performance is recognized. In being a great place to work, we are proud to offer a range of experiences and opportunities that will help you to achieve your career and personal goals and enable you to live a healthy and balanced life.

Tax Analyst

What are the responsibilities and job description for the Tax Analyst position at KONE?

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