Personal Property Tax & State and Local Tax (SALT) Administrator/Accountant

Job Description

Accountant | Valeo

The Tone:
This is a full-time role at Valeo, located in Troy, MI. Valeo is a global community of talented individuals working on advanced technologies for greener, safer, and smarter mobility, aiming to reduce CO² emissions and develop intuitive driving. Joining Valeo means taking part in the autonomous and connected car revolution, where employees are encouraged to #Dare.Care.Share. This Accountant role plays a vital part in the company’s financial operations, supporting this mission by ensuring precise tax compliance and effective administration of abatement programs, contributing to the organization’s overall financial health and strategic growth.

The TL;DR
• Role: Early Career
• Location: In-person Troy, MI
• Mission: Ensuring accurate, timely, and compliant personal property and other state and local tax filings, while administering tax abatements and incentive programs.
• Tech Stack: Advanced Excel, SAP S4/HANA

What You’ll Actually Do
• Manage Personal Property Tax Compliance: Prepare, review, and file personal property tax returns, encompassing asset listings, valuations, reconciliations, and supporting schedules, while maintaining compliance calendars and meeting all jurisdictional filing deadlines.
• Administer Tax Abatements and Incentives: Identify eligibility for and prepare applications for tax abatements, exemptions, and incentives, and manage ongoing compliance including tracking agreements, reporting, and renewals with both internal departments and external agencies.
• Ensure State and Local Tax Compliance: Prepare and file various state and local tax returns, such as Nevada Modified Business Tax (MBT), Nevada Commerce Tax, and Ohio Commercial Activity Tax (CAT), researching relevant laws and regulations to ensure accuracy.
• Support Tax Audits and Process Improvements: Assist with state and local tax audits by gathering data and preparing responses, and identify opportunities to enhance the efficiency and accuracy of tax compliance activities and implement changes from new tax laws or business initiatives.
• Reconcile and Coordinate Financial Data: Reconcile tax accounts to the general ledger, investigate discrepancies or variances, and collaborate with internal departments like Accounting, Finance, and Fixed Assets to secure necessary information for tax filings.

The Must-Haves
• Background: Bachelor’s degree in Accounting, Finance, or a related field, demonstrating a strong accounting foundation for this early career role.
• Experience: At least 1 year of experience in personal property and other miscellaneous tax compliance, with a strong preference for direct experience in tax abatements or incentive programs.
• Skills: Proficiency in advanced Excel and experience with SAP S4/HANA, alongside a strong understanding of multi-state tax regulations, filing requirements, General Ledger, and Accounts Reconciliation.