Accountant - Income Tax

ITC Holdings • Novi, MI • 28min ago

JOB SUMMARY

Bring your accounting expertise to a role where your work makes an impact. As an Accountant - Income Tax at ITC, you'll play an important role in supporting federal income tax compliance, tax accounting, and financial reporting for a critical infrastructure organization. You'll have the opportunity to research complex tax and regulatory issues, apply evolving IRS, GAAP/FASB, and FERC guidance, and help shape well-informed tax accounting and reporting decisions.

ESSENTIAL DUTIES & RESPONSIBILITIES

Maintains all records associated with the filing of federal tax returns; creates any schedules and reports required to support the filing of these tax returns; determines estimated tax payments.

Supports tax planning by providing budget and forecast information; reviews budgets and forecasts to assure appropriate accounting and tax compliance.

Assists with accounting and reporting for all current and deferred income taxes in compliance with ASC 740 (formerly SFAS 109, Accounting for Income Taxes), including preparation of monthly or quarterly accounting documentation (journal entries, account reconciliations, etc.) and preparing information for financial statement disclosures.

Provides support to external auditors by responding to questions, preparing schedules, etc. in the course of quarterly reviews and annual audits.

Analyzes accounts to assure proper accounting of transactions; resolves accounting issues as applicable.

Researches IRS, SEC, FASB and FERC guidance on tax issues; recommends company positions and drafts position papers to support.

REQUIREMENTS

Bachelor's degree in Accounting, Finance or other business-related field.

Master's degree in accounting, taxation or business and/or CPA preferred.

Minimum of three (3) years of experience in tax, accounting or finance including two (2) years of income tax experience.

Minimum two (2) years experience at public accounting firm preferred.

Knowledge and understanding of accounting and tax best practices.

Experience with ASC 740 accounting preferred.

Utility experience preferred.

PeopleSoft or PowerPlant experience preferred.

Ability to research and analyze complex data and provide recommendations to solve problems or improve processes.

Ability to effectively communicate (verbally and in writing) information to all levels (internally and externally) so that others not familiar with the area are able to understand information being provided.

Possesses sound analytical and problem-solving skills.

Understanding of the importance of solid documentation and ability to apply these concepts.

Intermediate knowledge of personal computers (MS Office) and demonstrated ability to utilize to complete daily assignments.

Intermediate knowledge of financial systems with the ability to extract information as necessary to complete daily assignments.

Ability to work well on a team and independently.

Applicants must be authorized to work in the United States for any employer. ITC does not sponsor employment visas, such as H-1B or TN visas.

Make a Power Move - For the Greater Grid: Reliable. Resilient. Ready.

As AI innovation, automation and economic growth reshape the way we live and work, the demand on our power infrastructure is growing fast. At ITC, we're building the greater grid that's ready for today's technology and tomorrow's possibilities.

Our people bring the power - fueling innovation and strengthening the grid every day. We're looking for individuals who are ready to make a power move and help us build a greater grid for a more reliable and affordable energy future.

ITC offers industry-leading compensation, benefits and opportunities to channel your energy into solutions. We foster a culture of belonging - where every voice is valued, differences are celebrated and everyone has the opportunity to thrive. Make a power move today.

Similar Jobs

Accountant ll

Republic Services • Taylor, MI • 28min ago

Finance, Accounting & Banking

POSITION SUMMARY: With general direction, utilizing an understanding of accounting principles, the Division Accountant performs accounting activities to record, analyze and monitor financial information. The Division Acc...

28min ago

Go to Apply

Sr Business Banking Relationship Manager - Southeast Michigan

Bank of America • Farmington Hills, MI • 10h ago

Finance, Accounting & Banking

Sr Business Banking Relationship Manager - Southeast Michigan Farmington Hills, Michigan To proceed with your application, you must be at least 18 years of age. Acknowledge ( https://ghr.wd1.myworkdayjobs.com/Lateral-US/...

10h ago

Go to Apply

Regional Sales Leader - Business Banking

PNC • Dearborn, MI • 10h ago

Finance, Accounting & Banking

MI - Troy (48084) MI - Dearborn (48126) Full time R240110 Position Overview At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best e...

10h ago

Go to Apply

Regional Sales Leader - Business Banking

PNC • Troy, MI • 10h ago

Finance, Accounting & Banking

10h ago

Go to Apply

Personal Bank Associate I

Fifth Third Bank, N.A. • Sterling Heights, MI • 10h ago

Finance, Accounting & Banking

Sterling Heights, MI Full time R74802 Make banking a Fifth Third better®We connect great people to great opportunities. Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. GENERAL FUNCT...

10h ago

Go to Apply

Staff Accountant

Cengage Group • Detroit, MI • 15h ago

Finance, Accounting & Banking

Ohio, USA United States Full time R2026-1347 We believe in the power and joy of learning At Cengage, our employees have a direct impact in helping learners around the world discover the power and joy of learning. We are...

15h ago

Go to Apply

Senior Accountant

Launch Support Specialists • Sterling Heights, MI • 15h ago

Finance, Accounting & Banking

SUMMARY: Provide financial analysis and postings of amounts to financial reports and schedules. Maintain daily, weekly, and monthly postings to the financials directly and indirectly into the accounting software. Perform...

15h ago

Go to Apply

Tax Accountant

Wink Tax Services Inc. • Troy, MI • 15h ago

Finance, Accounting & Banking

TAX ACCOUNTANT - TROY, MI (IN-OFFICE) Wink Tax Services Inc. is a growing Enrolled Agent tax firm in Troy, Michigan, serving individuals, businesses, estates, trusts, and nonprofits across the U.S. and internationally. W...

15h ago

Go to Apply

Oracle Finance Solution Architect, Senior Manager

Accenture • Detroit, MI • 18h ago

Finance, Accounting & Banking

We Are:Accenture helps organizations build their digital core, optimize operations, accelerate growth, and enhance services through technology, data, and AI.The Oracle Business Group (OBG) brings industry expertise, tran...

18h ago

Go to Apply

OneStream Finance, Project Manager

KLATencor Corporation • Ann Arbor, MI • 19h ago

Finance, Accounting & Banking

To make electronics, you need chips, wafers, transistors, reticles, and... To make these, you must see, test and manufacture them at scale-faster and better than ever before. That's where KLA comes in. Whether you're ear...

19h ago

Go to Apply

Subscribe to get new jobs sent directly to you
(no charge, cancel anytime)