
Senior Principal Tax Accountant
Required skills
- State Income Tax Laws
- State Income Tax Regulations
- State Income Tax Research
- State Income Tax Audits
- Federal Income Tax
- Multi-state Income Tax
- Accounting
- CPA
- Tax Provision
- Financial Statements
Nice to have
- Aerospace
- Defense Industry
- Income Tax Accounting
- Public Company Financial Statements
- CorpTax
Role summary
Northrop Grumman is seeking a Senior Principal Tax Accountant - State Audits to join their tax team in Falls Church, Virginia. This role reports to the Senior Manager - State Audits and Planning and is responsible for managing state income tax audits, serving as the primary contact with auditors, responding to requests, defending tax positions, and reviewing adjustments. The position also involves financial statement preparation, documenting tax positions, overseeing amended state tax returns due to federal changes, and assisting with state tax planning and return reviews. A Bachelor's in Accounting or similar field, a CPA, and 8 years of experience in federal/multi-state income tax for large corporations are required, along with knowledge of state income tax laws and research abilities. Experience in Aerospace/Defense and with income tax accounting for public companies is preferred.
Description
At Northrop Grumman, our employees have incredible opportunities to work on revolutionary systems that impact people's lives around the world today, and for generations to come. Our pioneering and inventive spirit has enabled us to be at the forefront of many technological advancements in our nation's history - from the first flight across the Atlantic Ocean, to stealth bombers, to landing on the moon. We look for people who have bold new ideas, courage and a pioneering spirit to join forces to invent the future, and have fun along the way. Our culture thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work — and we have an insatiable drive to do what others think is impossible. Our employees are not only part of history, they're making history.Join Northrop Grumman’s leading-edge tax team in our Falls Church, Virginia, corporate headquarter's office.
The Sr Principal Tax Accountant - State Audits reports to the Senior Manager - State Audits and Planning. The position will be located in the corporate office in Falls Church, Virginia with the potential for remote work. The Sr Principal Tax Accountant - State Audits is responsible for managing state income tax audits and serves as the primary point of contact with state taxing authority auditors. He/she responds to audit requests, researches and defends tax positions, reviews audit adjustments, facilitates payments/collections, and tracks and informs the tax compliance team of audit findings that impact subsequent years.
The Sr Principal Tax Accountant - State Audits participates in financial statement preparation, particularly with respect to uncertain tax positions, and drafts memos to document various tax positions. When federal tax changes arise from IRS settlements or amended federal returns, the Sr Principal Tax Accountant - State Audits oversees preparation and filing of amended state tax returns, and resolves related notices. He/she also assists with modeling state tax planning scenarios and state income tax return reviews.
Basic Requirements:
- Bachelors in Accounting or similar field, in addition to a CPA, and a minimum of 8 years of experience in federal/multi-state income tax for large corporations (or a Masters in Taxation, CPA and 5 years of experience in federal/multi-state income tax for large corporations)
- Knowledge of current and pending state income tax laws and regulations is required
- State income tax research ability and experience is required.
Preferred Requirements:
- Experience in the Aerospace/Defense industry is beneficial.
- Experience with income tax accounting and preparation of tax provision for public company financial statements is preferred.
- Familiarity with CorpTax software.
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