25 Aug
|
7-Eleven Global Solution Center – India
|
Bengaluru
25 Aug
7-Eleven Global Solution Center – India
Bengaluru
Job Description Key Duties & Responsibilities
n Prepare, review, file, and facilitate timely payment of motor fuel excise tax and other related tax returns for assigned jurisdictions.
n Perform reconciliations between tax returns, transactional data, tax systems, and general ledger accounts and investigate discrepancies.
n Ensure reconciling items and exceptions are appropriately documented, investigated, resolved, and tracked to closure.
n Support federal, state, and other jurisdictional tax audits by gathering documentation, analysing transactions, preparing supporting schedules, and responding to information requests.
n Research changes in fuel tax laws, regulations, tax rates, exemptions, filing requirements, and jurisdiction-specific rules.
n Evaluate the taxability of fuel transactions and provide guidance regarding the appropriate tax treatment of fuel-related products and transactions.
n Maintain and validate fuel tax configurations within relevant financial and tax systems in accordance with company policies and regulatory requirements.
n Analyse large volumes of fuel transaction data to identify tax exceptions, incorrect tax treatment, data issues, and potential compliance risks.
n Coordinate with Fuel Accounting, General Accounting, Operations, Technology, Legal/Compliance, and other stakeholders to resolve tax-related issues.
n Communicate with external taxing authorities regarding notices, assessments, audits, filing questions, and other compliance matters.
n Support the preparation of responses to tax notices and audit inquiries, including documentation and reconciliation of disputed amounts.
n Maintain appropriate documentation and audit trails supporting tax calculations, returns, reconciliations, and adjustments.
n Assist with tax registrations, licenses, permits, renewals, and jurisdictional compliance requirements, where applicable.
n Support tax-related projects, process improvements, automation initiatives, system implementations, and other departmental initiatives.
n Identify opportunities to strengthen controls, accuracy, efficiency, and compliance within the fuel tax process.
n Specific Knowledge & Skills
n Understanding of U.S. motor fuel taxes, fuel excise taxes, and fuel accounting.
n Knowledge of federal and state fuel tax concepts, including taxable transactions, exemptions, tax rates, filing requirements, and jurisdictional differences.
n Experience with tax return preparation, tax reconciliations, audit support, and tax research.
n Experience with Avalara Excise or similar excise tax technology is preferred.
n Strong Excel and data-analysis skills; ability to work with large transactional datasets.
n Understanding of general ledger accounting and account reconciliations.
n Strong analytical, critical-thinking, research, and problem-solving capabilities.
n Ability to interpret tax regulations and translate them into operational requirements.
n Strong written and verbal communication skills, including the ability to interact with internal stakeholders and external taxing authorities.
n Strong documentation and organizational skills with attention to deadlines.
n Ability to work independently while escalating significant tax or compliance issues appropriately.
n Adaptable and comfortable working in a changing and growing business setting.
📌 Tax Analyst (Bengaluru)
🏢 7-Eleven Global Solution Center – India
📍 Bengaluru