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Principal Tax Advisor - Tax Accounting

Location: 

Detroit, MI, US

Company:  DTE Eng Corp Svcs LLC
Job ID:  3279

The future is bright at DTE Energy! We are one of the largest Fortune 500 diversified utilities in the United States with an aspiration to be the best-operated energy company in North America and a force for good in the communities we live and serve.  We have businesses in 26 different states and are comprised of regulated utility and non-utility businesses.  Our utility business provides electric and gas service to approximately 3 million customers.  Our non-utility businesses include a diversified portfolio of energy related companies, ranging from gas storage and pipelines to renewable power development.
 

DTE Energy’s utility and non-utility businesses are poised for significant growth. We look forward to working with highly motivated and team-oriented individuals to energize our efforts of growing economically and environmentally.
 

Recently, DTE Energy has been recognized as an outstanding place to work and has received the following accolades:

* Gallup Great Workplace Award for consecutive years
* Civic 50 Award for corporate citizenship excellence
* Indeed’s annual “50 Best Places to Work” award for two years running
* Metropolitan Detroit’s 101 Best and Brightest Companies to work For
* J.D. Power Customer Satisfaction Award
* Professional Women’s Magazine/Black EOE Journal “Best of the Best”
* Computerworld’s 100 Best Places to Work in IT
* Best Employers for a Healthy Lifestyle Gold Award
* Detroit Free Press Green Leaders Award

DTE Energy is an equal opportunity employer and considers all qualified applicants without regard to race, color, sex, sexual orientation, gender identity, age, religion, disability, national origin, citizenship, height, weight, genetic information, marital status, pregnancy, protected veteran status or any other status protected by law.

 

External Pre-Hire Assessment Required: Professional Pre-Hire Assessment
Testing Required:
Not Applicable

 

 

Job Summary

Serves as key member of tax accounting team responsible for the timely and accurate preparation of Accounting Standards Codification (ASC 740) income tax calculations and all tax related financial statement disclosures.  Provides technical support on the application of complex tax accounting issues and rules.  Performs research, develops documentation, and prepares technical memos to support tax financial reporting positions. Acts as trusted advisor on complex accounting issues. Span of control: 0; individual contributor.

Key Accountabilities

•Leads the assessment of tax-related financial statement impacts of tax planning transactions, providing guidance in accordance with ASC 740 and effectively communicating requirements
•Calculates and reviews income tax provisions in accordance with ASC 740, including interim effective tax rates, deferred taxes, taxes payable, return-to-provision, etc.
•Prepares and reviews tax basis balance sheets, income tax footnotes and tax-related disclosures in quarterly and annual financial statements
•Assists with financial modeling and forecasting of various ad hoc scenarios, including tax controversy and planning initiatives
•Monitors emerging issues in accounting standards (e.g., U.S. generally accepted accounting principles (GAAP) and U.S. Securities and Exchange Commission (SEC) reporting), including proposed changes in tax laws and tax-related financial statement impact
•Researches and prepares technical memos to support tax financial reporting positions (e.g. liabilities recorded for uncertain tax positions, situations involving the application of valuation allowances, etc.)
•Ensures compliance with internal controls for financial reporting income taxes
•Assists with system oversight of accounting platform (OneSource Tax Provision) requirements, including set-ups, rollovers, adjustments, trial balance imports, etc.
•Partners with tax and accounting experts as well as internal and external auditors

Minimum Education & Experience Requirements
  • Bachelor's degree in accounting or finance with 7 years of corporate ASC 740 experience
Other Qualifications

Preferred:
•Certified Public Accountant (CPA), Master’s degree in Business Administration (MBA), or Master’s of Science degree in Taxation (MST)
•Advanced Excel skills
•Experience with OneSource Income Tax platform
Other Requirements:
•Extensive working knowledge of U.S. GAAP accounting principles and ASC 740
•Advanced knowledge of consolidated tax return regulations and multi-state tax concepts
•Ability to balance technical knowledge with practical application of rules
•Ability to research and propose resolutions on tax issues
•Advanced analytical and problem-solving skills with the ability to make quality decisions in a timely manner
•Acts as trusted advisor who is easy to work with, having the ability to communicate complex concepts and analyses in ways that are meaningful and useful to both tax and non-tax professionals as well as various levels of management
•Strong organizational skills and the ability to work in a deadline driven environment
•Proficient with Excel, Word, and PowerPoint

Additional Information

Incumbents may engage in all or some combination of the activities and accountabilities and utilize a variety of the competencies cited in this description depending upon the organization and role to which they are assigned. This description is intended to describe the general nature and level of work performed by incumbents in this job. It is not intended as an all-inclusive list of accountabilities or responsibilities, nor is it intended to limit the rights of supervisors or management representatives to assign, direct and control the work of employees under their supervision.


Nearest Major Market: Detroit