Senior Tax Analyst

Senior Tax Analyst

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Under general supervision, responsibilities include the preparation and some review of federal and state income and franchise tax returns, extensions, and estimated payments and periodic tax research memorandums. Serve as tax support to Fifth Third Bancorp entities to meet required tax filing obligations.

Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensuring that actions and behaviors drive a positive customer experience. While operating within the Bank’s risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.

• Responsible for the completion of timely and accurate federal income tax returns (some light review possible).
• Responsible for the completion of timely and accurate complex state income and franchise tax returns including consolidated returns (some light review possible).
• Retrieve and assimilate data necessary to calculate tax returns, extensions, and estimated payments.
• Prepare accurate and timely allocation journal entries in compliance with regulatory requirements.
• Initiate check and EFT requests to prompt payment to appropriate jurisdictions.
• Interact with Accounting, Finance, and Line of Business personnel on a continual basis for information relating to the above.
• Analysis and review of the tax treatment of specific areas such as leasing, mortgage banking & capital markets.
• Assist with the quarterly review of the federal and state income tax provision journal entries.
• Analyze state franchise tax accruals and prepare required journal entries.
• Calculate and maintain deferred income tax balances and taxes payable/receivable for inclusion in published financial statements.
• Oversee the recording of tax accounting journal entries.
• Reconcile and prepare analysis on general ledger tax accounts and reserves.
• Research areas of tax law as appropriate including analysis of data related to the issue.
• Research corporate tax issues of law raised during the return preparation, both federal and state.
• Research corporate tax issues of law raised during tax audits, both federal and state.
• Provide assistance with answering Information Document Requests for both federal and state audits.
• Interact with the Director of Tax Audits to review tax calculations and provide support for audit issues.
• Responsible for assisting in performing various special projects as assigned.

No direct supervisory responsibilities. However, the position is responsible for providing guidance and feedback to less experienced analysts within the department.

• Bachelor’s Degree in Accounting or Finance (Accounting preferred).
• CPA or Master’s Degree (or working toward) preferred or additional commensurate experience.
• At least 4 years full-time experience in the field of taxation in either public accounting or in a corporate tax department.
• Proficiency with Microsoft Office software including Word and Excel.
• Understanding of tax return preparation software (preferably Corp Tax).
• Knowledge of tax research products including online research products.
• This position requires excellent analytical, verbal and written communication skills necessary to interact with personnel ranging from staff to senior management.
• Ability to work both individually and as a member of a team.
• Ability to work in professional and dynamic environment.
• Demonstrates sound judgment as well as apply logical/critical thought processes.

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