Income Tax Analyst - BMW Of North America

The Income Tax Analyst is responsible for managing the S/4HANA ERP system migration from direct tax perspective. They will also liaise among IT, accounting and tax to ensure the system is properly implemented. In addition, they will prepare federal and state income tax provision workpapers on a quarterly basis, assist with preparation and review various separate and combined/consolidated Federal and state income tax returns for all entities of the BMW Group and perform related research. They are also responsible for analyzing, reviewing and continuously monitor all facts of the extensive tax depreciation to ensure BMW compliance with strict IRS promulgated tax regulations.

Key responsibilities:

• Support SAP S/4HANA ERP and G/L system migration and collaborate among various departments to ensure all tax requirements are included in the migration
• Prepare income tax provision, BEAT and Section 163(j) calculations on a quarterly basis for financial reporting purposes
• Submit quarterly reports - risk reporting, current tax, tax attributes to GTC (Global Tax Center)
• Interact and collaborate with external financial auditors
• Manage Section 174 Research and Experimental Expenditure and R&D Credit study project
• Implement and maintain internal controls documentation in the Tax Compliance and Customs Framework ("TCCF")
• Assist with reporting in Global Tax Center ("GTC") for quarterly tax reporting and OECD Pillar Two compliance
• Prepare/review Federal and state separate and combined/consolidated income tax returns
• Prepare quarterly estimates and extensions for all companies within the BMW US Group
• Analyze and respond to Federal and state notices
• Compile Federal and state income tax research and monitor legislative changes
• Assist in preparing Federal and state tax work paper for UNICAP, BEAT, FDII, 5471, 5472.
• Interface and collaborate with various internal and external service providers to deal with various tax topics

Join the BMW North America team and enjoy a high-performance Total Rewards package that may include:

• Medical, Dental, and Vision insurance
• All with options for $0 Employee contribution
• 401(k) with Company match
• Retirement Income Account (RIA)
• Employee vehicle program
• Bonus eligibility
• Paid Parental Leave of up to 6 weeks
• Paid Time Off in addition to Company paid holidays where eligible
• Hybrid work environment
• Voluntary Benefits to fit your needs

The pay range for this role is: $74,831-$87,642.

The selected candidate's education, skills, experience, and location will be used to determine the final salary offer. All pay ranges are based on a full-time work schedule. This statement is in accordance with state and local pay disclosure requirements.

Even more so than the generous compensation and benefits, the culture and values of BMW of North America makes it the ultimate working environment. These values are Responsibility, Appreciation, Transparency, Trust, and Openness. We allow these values to guide the way we conduct ourselves and our business.

At BMW, we are driven by diversity, equity, and inclusion. We are proud to be an Equal Opportunity Employer and are welcoming of all individuals, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. Requirements:

• Bachelors degree in accounting or related field
• 2+ years income tax compliance and research
• Strong analytical and problem solving skills
• Ability to work proactively and successfully as a team member and independently
• Strong written and verbal communication skills
• Project management skills

Preferences:

• Masters in related field
• Experience with ERP system migration and implementation
• Experience with automation tools (e.g. Alteryx)
• Experience with federal and state income tax compliance and research
• Experience using income tax compliance software OneSource tax system, SAP, Excel, Word, pivot tables and V-lookups