Staff Accountant – Tax Department at Aspire, Philadelphia, PA

  Responsibilities

• Work with the Tax Senior and Tax Manager in the preparation of the quarterly and annual taxable income calculation:
  • Prepare the following book to tax basis adjusting journal entries as following:
    • Capitalized costs analysis.
    • Allowance for doubtful accounts.
    • Intangible on Acquisitions and amortization of the intangible.
    • Reviewing the Fixed Asset and Deferred Leasing Ledgers on a tax basis.
    • Loan/Market Adjustments.
  • Prepare tax adjustments for properties that are sold.
  • Prepare capital account reconciliation for the partners including review of the state tax payments.
  • Research state tax law for changes in state tax rules and apply knowledge to partner state income allocations.
  • Prepare estimated state tax payments made on behalf of partners as well as the entity.
  • Prepare tax return extensions associated with this entity.
• Prepare quarterly and annual taxable income calculations for lower tiered Partnerships.  These items include but are not limited to:
  • Prepare and post all of book to tax basis adjusting journal entries.
  • Review tax basis income statement and balance sheet.
  • Reconcile investment-in and capital account activity.
  • Prepare tax package for outside accountants.
  • Review all tax returns as prepared by outside accountants.
  • Coordinate filing of all tax returns with the different taxing authorities for these entities.

• Responsible for answering notices received from taxing authorities.
• Prepare and review Sales and Use tax returns.

 

Education and Experience

• Bachelor’s degree in accounting.
• 3 to 4 years accounting experience.
• Excellent skills in Microsoft Excel and Word, a must.