
Senior Income Tax Analyst
Grainger
full-time
Posted on:
Location Type: Hybrid
Location: Lake Forest • Illinois • 🇺🇸 United States
Visit company websiteSalary
💰 $85,300 - $142,200 per year
Job Level
Senior
About the role
- Prepares and analyzes state tax files and schedules by applying established compliance standards to ensure accuracy and partners with Big Four co‑sourcing providers and external auditors to maintain alignment and transparency.
- Monitors and analyzes changes in tax legislation to proactively identify potential impacts on Grainger’s operations and recommends adjustments to maintain compliance and mitigate risk.
- Researches and interprets complex tax issues to provide clear guidance on applying tax law to specific facts and transactions, ensuring informed decision-making.
- Prepares and assists with quarterly and annual state corporate income tax provision reporting under US GAAP and ASC 740 rules to support accurate financial statements and regulatory compliance.
- Evaluates state tax legislation changes to determine income tax accounting implications and communicates findings to stakeholders for timely action.
- Interfaces with cross-functional teams and business partners to gather necessary data and explain potential tax impacts, fostering collaboration and informed planning.
- Supports audit defense, tax planning, and other tax projects by providing documentation and analysis that strengthen compliance and strategic positioning.
- Develops analytics for internal and external partners and leverages technology tools to optimize processes, driving efficiency and accuracy while assessing emerging solutions for continuous improvement.
Requirements
- Bachelor's Degree or equivalent experience in Accounting, finance, taxation or related field required
- 3+ years Income tax or related experience required
- 3+ years State Income experience as applicable with public accounting or large multi-national corporations preferred
- Financial and operating management. (Beginner proficiency)
- Proficient with Microsoft Office products specifically Word, PowerPoint and Excel including Power Query. (Intermediate proficiency)
- Familiar with Corporate Tax concepts and principles. (Beginner proficiency)
- Corptax, Alterx, Power BI, Smartsheet and Microsoft Co-Pilot skills preferred. (Beginner proficiency)
- Certified Public Accountant (CPA) Upon Hire preferred
Benefits
- Medical, dental, vision, and life insurance plans with coverage starting on day one of employment and 6 free sessions each year with a licensed therapist to support your emotional wellbeing.
- 18 paid time off (PTO) days annually for full-time employees (accrual prorated based on employment start date) and 6 company holidays per year.
- 6% company contribution to a 401(k) Retirement Savings Plan each pay period, no employee contribution required.
- Employee discounts, tuition reimbursement, student loan refinancing and free access to financial counseling, education, and tools.
- Maternity support programs, nursing benefits, and up to 14 weeks paid leave for birth parents and up to 4 weeks paid leave for non-birth parents.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
state tax compliancetax legislation analysistax law interpretationincome tax provision reportingUS GAAPASC 740audit defensetax planningdata analysisfinancial reporting
Soft skills
collaborationcommunicationproblem-solvingstakeholder engagementdecision-makinganalytical thinkingstrategic positioningprocess optimizationtransparencyrisk mitigation
Certifications
Certified Public Accountant (CPA)