Tax Analyst

Job Id: R0000428396

About This Opportunity

Target is an iconic brand, a Fortune 500 company, and one of America’s leading retailers. Target has a great culture and is one of the best places to work. A brand known for its inclusive and collaborative work environment, Target is a preferred choice for our guests (customers) and team members alike.

Target in India is an extension of our headquarters and a fully-integrated part of our global team. We have over 5,000 team members in Bangalore engaged in work that supports business areas across technology, marketing, human resources, finance, merchandising, supply chain, analytics, and reporting.

Right on pace with Target’s distinctive retail brand, Target Finance and Accounting are transforming for the better. In Finance, you’ll be an integral voice in discussions that lead to Target’s unparalleled shopping experience. Your analysis and recommendations will be directly applied to critical business decisions, from sales to merchandising and beyond. Within Finance, you’ll enjoy the interesting challenges of the competitive retail space. You’ll see your contributions come to life in virtually every area of this dynamic enterprise. And you’ll grow and be challenged in your career while having a healthy balance with life outside of work.

PRIMARY FUNCTION:

At Target in India, our US Sales and Use Tax Team is part of the engine powering compliance with the many tax rules and regulations governing our business operations. This team works closely with their colleagues in the US to navigate the complex world of indirect tax laws, meticulously preparing filings, reports and payments that keep our business running efficiently.

The Tax Analyst will be responsible for assisting on various aspects of the sales and use tax functions managed at Target In India. This role primarily supports the sales and use tax compliance process by preparing and filing accurate sales and use tax returns, handling payments, reconciling general ledger accounts state-wise, gathering documentation to support sales tax audits etc. This role will also focus on the below areas –

• Prepare accurate and timely sales and use tax workpapers to support tax returns and filings.
• Prepare state and local sales and use tax returns and other miscellaneous tax returns as required, ensuring accuracy and adherence to deadlines.
• File sales and use tax returns across multiple US jurisdictions, ensuring timely submission.
• Perform state-wise general ledger reconciliations for sales and use tax accounts.
• Support in filing responses to Sales / local tax authorities in relation to queries / clarifications on the returns filed, payments made, prepayment or filing thresholds, audit queries etc
• Prepare and manage Power of Attorney documents for tax-related matters by coordinating with internal and external stakeholders to execute and maintain POA records.
• Gather and organize documentation required for sales and use tax audits.
• Maintain and update tax compliance calendars

Working within Tax, your mission will be to drive value-added work and support our core retail business goals. Our tax team focuses on all aspects of tax reporting including enhancing productivity and efficiency of core compliance through process and technology, monitoring tax risk and opportunities across all tax disciplines, engaging and educating Finance and the broader organization regarding tax considerations, and prioritizing team resources to support key work streams.

Requirements

• 3/4 years of experience in sales and use tax preparation, compliance and accounting with an accounting firm or equivalent experience in a large corporate tax department
• Bachelors or Masters degree or equivalent combination of professional education and experience
• Strong knowledge of US state and local tax regulations
• Experience with Vertex and SAP, or similar tax software and general ledger system, is strongly preferred.
• Ability to manage multiple projects simultaneously, maintaining appropriate prioritization and ensuring adherence to deadlines.
• Strong written and verbal communication skills for collaborating with internal teams and external authorities.
• Detail oriented, organized and efficient in work processes.
• Strong technical skills, ability to work within multiple systems, and high proficiency with Microsoft applications. Experience in using data and analytical tools including Alteryx and data visualization tools is preferred.

Benefits

Eligible team members will receive one of the best earnings packages anywhere, including competitive pay, all-around insurance coverage, training and development and many other perks and benefits. Target is an Equal Employment Opportunity Employer and is a drug-free workplace.