Senior Accountant, Tax

About the role

1Password is on the lookout for a Senior Accountant specializing in Tax to become a vital part of our tax team. This role is essential for managing tax provision, compliance, and reporting activities. The Senior Accountant will play a key role in ensuring compliance with tax regulations, supporting the financial reporting process, and identifying strategies to optimize the company's tax position.

Key facts

What you'll do

• Prepare quarterly tax provisions, ensuring accurate reconciliations, addressing uncertain tax positions, and crafting financial statement disclosures in line with US GAAP standards.
• Review and analyze data from the accounting team that contributes to tax provision calculations.
• Collaborate with external tax advisors for year-end provision calculations, focusing on book-to-tax differences.
• Oversee and reconcile tax-related accounts during the monthly accounting close process.
• Draft tax accounting memos that document analyses and conclusions for complex transactions.
• Provide assistance to the accounting team during year-end audits to ensure compliance and accuracy.
• Aid in preparing tax estimates for the budgeting process and quarterly forecasts.
• Conduct research and propose tax positions, accounting issues, and risk management strategies.
• Prepare and review federal, state, and provincial income tax returns, with the goal of transitioning some compliance tasks in-house.
• Calculate and prepare apportionment data along with the necessary supporting documentation.
• Prepare calculations for estimated tax payments.
• Support the resolution of inquiries and notices from tax authorities.
• Coordinate and manage tax audits effectively.
• Stay updated on changes in tax legislation and evaluate their implications for the organization.
• Manage compliance with state and local taxes, including sales and use taxes.
• Ensure that transfer pricing policies and documentation are up-to-date and compliant.
• Prepare quarterly calculations for Passive Foreign Investment Company (PFIC) requirements.
• Contribute to special projects, including tax planning and the analysis of non-standard transactions.
• Lead special tax initiatives and engage with business partners on tax-related issues.
• Assist with tax due diligence in relation to mergers and acquisitions.

Requirements

• At least 5 years of progressive experience in corporate tax provision and compliance, either from a public accounting firm or a corporate tax department.
• CPA designation is highly preferred.
• Strong knowledge of US and Canadian income tax laws and regulations at the federal, provincial, state, and local levels.
• Solid technical understanding of US GAAP tax accounting rules, specifically ASC 740.
• Experience with Estimated Annual Effective Tax Rate (AETR) provision reporting is essential.
• Familiarity with Canadian tax issues is advantageous.
• Proficient in using reporting and compliance tools, including NetSuite and income tax compliance software like OneSource.
• Advanced skills in Microsoft Excel, including the use of pivot tables, SUMIFs, VLOOKUPs, and INDEX formulas.
• Ability to work both independently and collaboratively across various departments.
• Excellent communication skills to convey complex tax matters to different stakeholders.
• Strong project management skills, capable of handling multiple tasks and meeting deadlines.
• Experience with Canadian Scientific Research and Experimental Development (SR&ED) and US Research and Development (R&D) tax credit claims is a plus.
• A proactive mindset towards exploring and implementing new technologies, including AI tools for enhancing work efficiency.

Nice to have

• Experience with Canadian SR&ED and US R&D tax credit claims.

Skills & tools

• NetSuite
• OneSource (or similar income tax compliance software)
• Microsoft Excel (advanced functions)
• AI tools (e.g., Dust, Notion AI, ChatGPT)

Practical notes

This position is fully remote and open to candidates residing in the United States and Canada.

Employees will have immediate access to 1Password's benefits package, which includes health and dental coverage, retirement plans (401k/RRSP), and a generous paid time off policy.

Eligible employees will receive an equity grant.

Participation in incentive programs may also be available.

The company provides a complimentary 1Password account, paid volunteer days, and peer recognition programs.

Occasional travel may be required for in-person engagements, such as department offsites and team meetings.

Candidates are encouraged to AI tools responsibly during the application process.

Accommodations are available upon request throughout the recruitment process.