Principal/Sr Principal Tax Accountant
Requisition ID: R10170198
- Category: Business Management
- Location: Falls Church, Virginia, United States of America
- Clearance Type: None
- Telecommute: No- Teleworking not available for this position
- Shift: Days (United States of America)
- Travel Required: Yes, 10% of the Time
- Positions Available: 1
Northrop Grumman is seeking a tax accountant to join our team in Falls Church, VA.
This position may be filled at a higher level based on the requirements below.
Position Summary/Responsibilities (Level 3):
- Assist in preparing the company’s federal and state(s) research and development tax credit and foreign derived intangible income deduction according to the prescribed laws and regulations.
- Assist the provision team by providing them research and development tax credit and foreign derived intangible income deduction on a quarterly basis for financial statement purposes, along with FIN 48 analysis and calculations.
- Assist preparing the research and development tax credit and foreign derived intangible income deduction for the company’s annual operating plan.
- Assists the federal and state controversy teams to support the federal and state research and development tax credits and foreign derived intangible income deductions claimed.
- Assist with researching tax technical issues and prepare modeling for various tax planning ideas, including any accounting method changes.
Position Summary/Responsibilities (Level 4):
- Prepare the company’s federal and state(s) research and development tax credit and foreign derived intangible income deduction according to the prescribed laws and regulations.
- Prepare input from tax planning team for the provision team; the input is primarily calculations on research and development tax credit and foreign derived intangible income deduction on a quarterly basis for financial statement purposes, along with FIN 48 analysis and calculations.
- Prepare the research and development tax credit and foreign derived intangible income deduction as an input from the tax planning team for the company’s annual operating plan.
- Work with the federal and state controversy teams to support the federal and state audits by drafting responses to Information Document Requests relating to research and development tax credits and foreign derived intangible income deductions claimed.
- Perform tax research and draft tax research memoranda documenting tax technical issues and conclusions
- Prepare modeling and quantitative analysis for various tax planning ideas, including any accounting method changes
- Coordinate special projects with corporate and sector personnel
Basic Qualifications (Level 3):
- Bachelors Degree and 5 years of experience, or a Masters Degree and 3 years of experience.
- Each year of Public Accounting and/or investment banking experience, IF directly relevant, may count for an additional year of experience
- Certified Public Accountant License (CPA) – will count as 2 years of experience and Masters with CPA - 3 years of experience
- Proficient with Microsoft Excel, PowerPoint, and Word
- Familiar with using software like SAP, HFM, or business warehouse
Basic Qualifications (Level 4):
- Bachelors Degree and 9 years of experience, or a Masters Degree and 7 years of experience.
- Each year of Public Accounting and/or investment banking experience, IF directly relevant, may count for an additional year of experience
- Certified Public Accountant License (CPA) – will count as 2 years of experience and Masters with CPA - 3 years of experience
- Proficient with Microsoft Excel, PowerPoint, and Word
- Familiar with using software like SAP, HFM, or business warehouse
Preferred Qualifications (Level 3 & 4):
- CPA and BA or MA in accounting preferred, but not a must
- Proficient with CorpTax, software SAP, HFM, and business warehouse
#LI-COR
Employees may be eligible for a discretionary bonus in addition to base pay. Annual bonuses are designed to reward individual contributions as well as allow employees to share in company results. Employees in Vice President or Director positions may be eligible for Long Term Incentives. In addition, Northrop Grumman provides a variety of benefits including health insurance coverage, life and disability insurance, savings plan, Company paid holidays and paid time off (PTO) for vacation and/or personal business.
Northrop Grumman is committed to hiring and retaining a diverse workforce. We are proud to be an Equal Opportunity/Affirmative Action Employer, making decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected class. For our complete EEO/AA and Pay Transparency statement, please visit http://www.northropgrumman.com/EEO. U.S. Citizenship is required for all positions with a government clearance and certain other restricted positions.
What's great about
Northrop Grumman
- Be part of a culture that thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work.
- Use your skills to build and deliver innovative tech solutions that protect the world and shape a better future.
- Enjoy benefits like work-life balance, education assistance and paid time off.
Did you know?
Northrop Grumman leads the industry team for NASA’s James Webb Space Telescope, the largest, most complex and powerful space telescope ever built. Launched in December 2021, the telescope incorporates innovative design, advanced technology, and groundbreaking engineering, and will fundamentally alter our understanding of the universe.