What are the responsibilities and job description for the Tax Specialist position at ZARA USA?
ZARA IS LOOKING FOR TAX SPECIALIST BASED IN NEW YORK.
Started in 1975 in Spain, ZARA today is an internationally known fashion retailer represented in over 88 countries around the world. Our company requires professionalism, imagination, high energy and team spirit. ZARA will give you the means to excel. ZARA will put you into the heart of the action and the heart of its growth.
TAX SPECIALIST
Based in our NYC Corporate Office (not remote)
Purpose:
Research and deliver a full range of tax services in compliance with laws and regulations for USA, PR and Canada.
Responsibilities:
- Property Tax – preparation of required annual property tax returns and review of assessment and final bill. Monitor and control receipt and issuance of all property tax returns.
- Sales and Use tax – Compliance of all tax changes for the updates on the POS. Monthly Sales Tax Returns Preparation/Review and control. Experience in Vertex O Series.
- Unclaimed Assets – Review and submission of stale items based on their escheatment laws.
- Withholding Tax – Monitor and issue payment on all withholding tax booked for both related and non-related party transactions. Payment are issued Monthly and then reported on an annual summary return.
- Supplemental reporting and tax filings
- Preparation for supplemental schedules and reports required by Tax Authorities.
- Maintain tax balances on general ledger – perform reconciliation of tax related accounts to ensure accurate balances.
- Assist in preparation of supporting documentation during Tax Audits for USA, PR and Canada.
- Work with the various accounting groups to obtain the necessary information needed to prepare quarterly estimates, federal and state tax returns.
- Assist with quarterly and annual tax provision analysis
- Monthly and annual tax reporting to Parent Company
- Prepare quarterly estimated tax payments for assigned legal entities and reconcile the tax payable/receivable account
- Follow up on all compliance matters in regards of Taxes deadlines and obligations
- KPI Reports
- Research and analysis of various tax topics (CCH research experience)
- Providing support to obtain licenses
- Posting and performing tax accounting entries
- Supporting other departments with tax requests
Personal Profile:
- CPA or BA Degree in Accounting/Tax/ACCA Qualifications
- Min 5 years’ experience in tax reporting and accounting, both for Indirect and Direct taxes.
- Preferable audit experience
- Experience in a tax department within the Retail industry is a plus
- Knowledge of Indirect tax (taxability of transactions)
- Knowledge of property tax and business licenses
- IFRS, US GAAP and ASPE knowledge
- Strong MS Office and MS Excel skills
- Experience in Vertex O Series
- Excellent strategic planning skills and able to interact with all levels
- Able to work independently and highly meticulous
- Must have completed 90 days introductory period in current position.
- Must be in good standing with respect to job performance.
- Experience with SAP
Annual compensation range: $86,000 - $120,000 discretionary annual bonus
* Zara, in good faith, believes that this posted rate of compensation is the accurate range for this role at this location at the time of this posting. This range may be modified in the future. Actual compensation within that range will be dependent upon the individual’s skills, experience, qualifications, and applicable laws.
Zara USA, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, gender, gender identity and expression, sex, sexual orientation, disability, age, citizenship status, veteran status or any other characteristic protected by applicable federal, state or local laws.
JOIN US NOW!
EOE/DFW
Salary : $86,000 - $120,000
