Analyst/Sr. Analyst Sales Tax

About the role

The Sales Tax Analyst is responsible for ensuring CarMax complies with state sales and use tax laws. Responsibilities include researching and implementing tax rate changes or law changes impacting the business, preparing monthly compliance, supporting projects related to CarMax initiatives, and reducing tax risks through analysis and audit defense.

Responsibilities

• Preparation of monthly tax compliance including reconciling general ledger to monthly reporting and filling out necessary forms. Includes preparation of quarterly general ledger account reconciliations.
• Communication that includes responding to less demanding tax inquiries by external and internal customers either in written or verbal exchanges.
• Under general guidance of team manager and senior analyst, conduct research for new business initiatives, projects, and assist senior analysts with tax audits.
• Under general guidance of team manager and senior analyst, monitor state tax legislation changes and assist in determining impacts to the company.

Qualifications and requirements

• Think logically and conduct root cause analysis
• Identify potential issues and present solutions; partners appropriately
• Analyze data and reports; uses the information to make decisions
• Motivate peers
• Build and maintain strong relationships
• Provide “win-win” solutions while resolving customer service issues in a positive and professional manner
• Organize work; prioritize and manage time well
• Use functional knowledge while serving as a resource for internal customers
• Identify and champion changes in business processes
• Embrace change; manage emotions
• Challenge others and the status quo appropriately
• Bachelor degree in Accounting, Finance, or related experience required
• Minimum of 2 years of tax experience at a public accounting firm or in a corporate tax department
• Experience working on state audits
• Computer skills: Intermediate Microsoft Office (Excel and Word)
• Communicate in a clear and open manner through verbal, written, and non-verbal methods
• Comprehend and apply basic mathematics
• Read and comprehend basic business reports and analyses

Pay

The annual salary for this position is: $56,200.00 - $127,200.00 May be eligible for bonus and equity.

Benefits

Except as otherwise required by state law, CarMax Associates are entitled to the following paid sick, vacation, and holiday time. Associates that are considered full-time hourly or commission/incentive eligible: To earn up to 48 hours of sick time per year accrued on a per pay period basis and between 80 hours and 200 hours per year of vacation time after a 90 day waiting period depending on years of continuous service with the Company. For 8 hours of pay for each of a total of 6 paid scheduled holidays per year plus 1 floating holiday. If such an Associate does work on a scheduled holiday due to business need, they are eligible for Holiday Premium Pay. Associates considered full-time salaried are entitled to paid time away with no specified limit as needed for sick, vacation, bereavement, jury duty, holidays, floating holiday, etc. subject to manager approval.