Job Description
Job Description
Job Description
Job Title: Tax Accountant
Department: Finance
Immediate Supervisor: Chief Financial Officer
Classification: Exempt
POSITION SUMMARY
Ensure the company’s tax compliance at all levels: municipal, state, and federal. Guarantee proper handling of tax obligations related to the sale and distribution of equipment and products, keeping the company current with applicable regulations and contributions. This role is key to preventing tax risks and strategically optimizing the tax burden.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Prepare and file state, federal, and municipal tax returns, including Sales and Use Tax (SUT/IVU), withholdings, Municipal License Tax, and CRIM property tax.
- Ensure compliance with Puerto Rico and federal tax laws applicable to our sales, service, and distribution operations.
- Calculate and record monthly and annual tax provisions.
- Reconcile accounts related to taxes (taxes payable, SUT, etc.).
- Assist in annual tax planning and preparation of quarterly estimates, such as:
- Preparing projections of tax liabilities based on estimated revenues, deductible expenses, and applicable credits.
- Performing comparative analyses between taxes paid in previous fiscal years and current year projections.
- Calculating quarterly estimated payments required by Puerto Rico Treasury (Hacienda) and the IRS, considering possible underpayment penalties.
- Consolidating accounting information necessary to support strategic tax decisions.
- Participate in budget review meetings with the Accounting Supervisor, Controller, and/or CFO to align tax planning with the company’s financial goals.
- Monitor and analyze changes in tax legislation that may impact distributed products.
- Maintain organized and updated files of all relevant tax documentation.
- Collaborate with external auditors and regulatory agencies during tax audits or inspections.
- Identify legitimate tax-saving opportunities applicable to the business model.
- Document and implement internal procedures related to tax compliance.
- Personally visit government agencies such as the Puerto Rico Treasury Department, CRIM, and municipal offices to investigate, clarify, or resolve inconsistencies, errors, debt collections, or debt notifications.
- Carry out tax-related transactions on behalf of the company and affiliated entities.
- Safeguard data integrity and operational continuity by handling and maintaining under strict confidentiality all sensitive and confidential information not published or not authorized for access without the explicit prior authorization of the CFO.
- Actively contribute to maintaining the company’s mission and achieving its vision, exemplifying through performance and conduct the efficiency-driven culture, Bionuclear’s values, and the principles of the highest quality internal and external customer service.
INCIDENTAL DUTIES AND RESPONSIBILITIES
- Prepare tax-related journal entries during monthly and annual closing processes.
- Participate in creating internal presentations or informational materials for training on relevant tax topics.
- Generate periodic reports on taxes paid, pending, and provisions recorded.
- Prepare detailed analyses of tax variances month-to-month or quarter-to-quarter.
- Prepare tax compliance reports by jurisdiction (municipal, state, federal).
- Consolidate documentary evidence (compliance certificates, filed tax returns, payment receipts) for presentation to management and/or auditors.
- Maintain organized digital files to facilitate audits or internal reviews.
- Validate required tax documentation in contracts or bids with public or private entities.
- Coordinate analysis of the tax impact of new contracts, distribution agreements, or introduction of tax-exempt or specially treated products.
- Serve as backup support for the Accounting Supervisor as needed.
- Coordinate and/or participate in work meetings, operational and/or corporate committees, staff development activities, corporate events, among others.
- Perform other duties as necessary.
EDUCATION
Bachelor’s degree in Business Administration with a concentration in Accounting or Finance.
Continuing education in taxation.
EXPERIENCE
Minimum of three years of experience performing similar functions with tax responsibilities, including preparation of municipal licenses, SUT, and state and federal tax returns.
JOB COMPETENCIES
Knowledge, Skills, Abilities, and Aptitudes Required to Perform the Job:
- Strong command of accounting tools and Microsoft Windows applications: Word, Excel, Outlook, and PowerPoint, especially Excel at intermediate or advanced level.
- Knowledge of the full accounting cycle.
- In-depth knowledge of Puerto Rico tax legislation.
- Excellent verbal and written communication skills in English and Spanish.
- Excellent internal and external customer service skills.
- Strong teamwork skills.
- Ability to interact with individuals at all organizational levels.
- Ability to achieve results with minimal supervision.
- Ability to work under pressure.
- Ability to prioritize tasks.
- Ability to handle multiple tasks simultaneously and meet deadlines.
- Capacity to follow up professionally and achieve expected results.
- Analytical skills to assess data and processes and draw conclusions.
- Ability to maintain discretion and confidentiality.
- Strong mathematical and accounting skills.
- Attention to detail and ability to detect errors and omissions.
- Good emotional self-management.
- Strong sense of urgency, duty, and responsibility.
- Adaptability to change.
- Availability to work holidays, weekends, and extended hours.
DISCLAIMER
The information contained herein summarizes the general nature of the competencies and the degree of complexity of the functions assigned to personnel in this position. Its content should not be interpreted as an exhaustive inventory of all the functions, tasks, and responsibilities of the position. Other tasks may be added, or existing ones modified, as stipulated by the company.
“We are an Equal Employment Opportunity Employer and take Affirmative Action to recruit Protected Veterans and Individuals with Disabilities.”
"Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status."
"EEO/Affirmative Action for Veterans/Workers with Disabilities”
Job Tags
Immediate start, Weekend work,