Income Tax Jd Edwards

Nael B. Qutami

**** **** **** ** / ********, Texas 76028

Mobile: 817-***-****, E-Mail Address: **************************@*****.***

Essential Skills and Competences

Licensed IRS tax preparer PTIN: P02529750

University of Texas at Arlington-BA in Accounting

M.S. in Mechanical Engineering

Sarbanes-Oxley section 404 FAS 109-FASB ASC 740 and FASB ASC 740-10

FASB No. 5 related to contingencies Team player and Cooperative.

Multiple Industries Tax Accounting and Auditing. Critical thinking and root cause analysis.

Leadership and exceptional functional expertise. Detail, task and goal oriented.

Energetic and analytic. Linguistic (English, Russian, Arabic)

Technical Skills

Pro-Series Income Tax Software QuickBooks, TurboTax Pro RIA and CCH Tax research Software

Extensive Experience in SAP A/P & A/R modules One World JD Edwards and Showcase

Vertex Q series, TDM, ECM, Vertex Utilities FRX and FAS (Fixed Assets Software)

AS-400 JD Edwards Green Screen Great Plains Dynamic, People Soft software

Process Automation &Various ERPs Implementation Windows Operating System

MS Office Suites AvaTax State and Local Sales Tax Software

.

In addition to my work experience below, I operate a tax practice where I manage the accounting and tax matters regularly for 100 clients; filing payroll taxes forms 940, 941 and various state forms, income tax: 1040, 1120, 1120S, 1065, 2555 tax returns and their accompanied forms and schedules, the practice has been in existence sine 2010.

Professional Experience

Lincolnshire Powerhouse Holdings Group LLC/Powerhouse Retail Services, LLC 05/2014-05/2023

Sr. Corporate Tax Director

Perform federal and State tax research related to company operations; review of corporate and pass-through entity state income/franchise tax returns form 1120, 1120S, 1065, managing international income tax compliance, VAT-Canada, New Mexico, Porto Rico.

ASC 740 Differed tax assets and liabilities calculations

Prepare and e-filed Quarterly Ohio Commercial Activity Tax (CAT) returns.

Prepare forecast of quarterly federal and state income tax estimates and determining the required tax payments/distributions

Develop and implement new procedures and controls to comply with tax laws and regulations.

Manage and ensure the timely and accurate gathering, analysis, reconciliation, preparation, reporting, payment and compliance of all US sales and use tax and Canada GST, VAT, HST, PST filings.

Process internal and external requests for sales & use tax information and maintain customer database.

Manage the defense and resolution of all sales & use and income tax audits from assimilation of audit data and documents through final review of audit assessments or refunds (Approximately 5 audits a year).

Manage and review responses to state and local taxing authority inquiries and notices.

Maintain contacts with field offices and business units.

Provide complex technical tax support for internal accounting & finance departments and external customers.

Monitor state and local tax legislation to ensure compliance with Sales & Use, Income and property tax matters.

Perform sales and use tax research and recommended to various VPs, Regional and Office Managers the proper tax strategy, financial and operational planning that have increased the company’s profitability.

Administer business unit and vendor requests for exemption certificates, and researched taxability.

Assist with the preparation and resolution of internal reverse audits and audit recovery of Income. Franchise, Sales & Use Tax.

Conduct sales tax trainings for other internal departments, including AR, AP, Sales, Procurement, etc.

Novartis-Alcon Division 06/2013-03/2014

Sr. Tax Analyst-Audit, Reverse Audit, Compliance & Tax Research.

nsured the timely and accurate gathering, analysis, reconciliation, preparation, reporting, and payment of company taxes.

Managed and reviewed responses to state and local taxing authority inquiries and notices.

Communicated with tax authorities, vendors and other internal/external customers regarding sales tax issues.

Assisted with tax analysis of legislative and regulatory changes and monitored impacts on company transactions.

Managed various audits and taxing authority inquiries.

Provided support to tax manager and deliver effective resolutions of sales and use tax audit matters.

Performed sales and use tax research related to products and sales and implemented the proper tax strategy.

Provided support to the IT department as needed to issues related to implementation and upgrades of sales and use tax software to ensure compliance and accurate reporting of sales and use transactions in all U.S. jurisdictions.

Performed taxability analysis of business unit transactions through technical research, analysis and proper documentation.

Analyzed complex accounting transactions to ensure appropriate tax treatment.

Performed technical tax research using RIA and produced documentation to support tax return filing positions and refund claims.

Established new and updated existing customer-location-product profiles and tax exceptions in Vertex TDM

Accessed the Vertex Utilities to download Vertex Tax Files: Tax2000, State Summary, State Recap and Detail Registers

Audited the use tax accruals, made corrections and adjusting JE and amended tax returns as needed.

United Paramount Tax Group Inc. 04/2013-06/2013

Sr. Sales and Use Defense Auditor

Managed audit defense function from audit notification through the highest level of administrative appeals

Michaels Inc., 1st Real Estate Investments LLC 01/2012-04/2013

Sr. Sales & Use and Income Tax Compliance Analyst

Federal and State Income Tax Compliance. Tax Research - Individuals, Partnerships and Corporations

Sales and use tax accounts reconciliation. Franchise, Sales and Use tax compliance and audits.

Air Methods Corporation-Omniflight Helicopters, Inc. & Subsidiaries 01/2008-11/2011

Tax Manager-Assistant Director of Tax

Prepared work papers related to federal and state income tax return filings including income tax provision FAS 109-FASB-ASC 740 related to deferred tax assets and deferred tax liabilities. Drafted FIN STMT 48-FASB ASC 740-10.

Reviewed federal and State income tax returns prepared by PWC and recommended corrections to their staff.

Performed tax research and worked with PWC on Federal, state and local tax matters including state tax controversies with state jurisdictions; technical review of corporate and pass-through entity state income/franchise tax returns; state tax matters related to FAS 109- FASB ACS 740 and FIN 48- FASB ACS 740-10.

Prepared and e-filed Quarterly Ohio Commercial Activity Tax (CAT) returns.

Prepared forecast of quarterly income tax estimates and determined tax payments/distributions needed for federal and state.

Prepared federal and state fixed asset depreciations, NBV for Internal, Tax and AMT, book/tax reconciliation and roll forward.

Developed and implemented new procedures and controls to comply with tax laws and regulations.

Managed and ensured the timely and accurate gathering, analysis, reconciliation, preparation, reporting, payment and compliance of all US sales and use tax and GST, VAT, HST, PST filings.

Filed property tax renditions, annual reports, business licenses and voluntary disclosure agreements.

Processed internal and external requests for sales & use tax information and maintain customer database.

Managed the defense and resolution of all sales & use and income tax audits from assimilation of audit data and documents through final review of audit assessments or refunds (Approximately 10-15 audits a year).

Managed and reviewed responses to state and local taxing authority inquiries and notices.

Managed tax research, planning and compliance activities related to reorganizations, mergers and acquisitions.

Determined tax treatments arising from the sale of new business products and new business initiatives.

Maintained contacts with field offices and business units.

Provided complex technical tax support for internal accounting & finance departments and external customers.

Monitored state and local tax legislation to ensure compliance with Sales & Use, Income and property tax matters.

Performed sales and use tax research and recommended to various VPs, Regional and Office Managers the proper tax strategy, financial and operational planning that have increased the company’s profitability.

Administered business unit and vendor requests for exemption certificates, and researched taxability.

Assisted with the preparation and resolution of internal reverse audits and audit recovery of Sales & Use Tax. Implemented cost saving strategies; prepared and filed claims for state and/or local tax refunds.

Conducted sales tax trainings for other internal departments, including AR, AP, Sales, Procurement, etc.

Robert Half Management Resources-Contracts 06/2007-11/2007

Senior Sales and Use Tax Consultant

Matrix Telecom, Inc.

Cinemark USA, Inc.

Sales and use tax accounts reconciliation. Sales and Use Tax reverse audit and audit recovery.

Sales and Use tax compliance. Telecommunication Tax Compliance-911, USF, RCT & Excise Tax.

Licensing, Annual Reports Processing of Taxing Jurisdictional notices regarding Compliance.

1st Financial Services of Grapevine-Contract 02/2007-04/2007

Federal and State Income Tax Compliance and Tax Research - Individuals, Partnerships and Corporations.

N B Q Accountants & Consultants, Inc. 01/2003-12/2006

Tax Manager- Corporate and Personal income tax compliance and Sales and Use Tax Audits-State Comptroller of Public Accounts

Worked in a fast paced, deadline oriented environment.

Performed Sales & Use Tax audits of various entities assigned by the State Comptroller office (150 audits).

Ensured compliance with internal controls and legal requirements, verified assets and liabilities; completed audit work papers; appraised adequacy of internal control systems.

Updated audit programs and questionnaires, communicated audit findings to the State Comptroller’s office and the taxpayers.

Conducted tax research using the State comptroller’s office web site, CCH and RIA.

Met with various business owners and their CPA’s to discuss multiple issues related to sales tax audits.

Supplied the taxpayers with interpretation of State sales and use tax administrative rules and tax codes.

Provided sales and use tax consulting services to various businesses such as Convenience stores, auto shops, construction companies and various retail and service outlets.

Researched tax issues in connection with return preparation, compliance with Internal Revenue Code and planning projects. Responded to common inquiries or complaints from clients and regulatory agencies.

Performed analyses related to individual and corporate income tax planning.

Managed the workflow of the audit team and tax personnel involving compliance and sales and use audit matters.

Hartman Leito & Bolt, LLP (Public Accounting Firm) 02/2002-12/2002

Senior Tax consultant and Sales and Use Tax Auditor-State Audit Contracts

Performed Sales and Use Tax audits of various entities for the State Comptrollers office.

Maintained contact with the state comptroller’s office to issues related to Sales and Use Tax audits.

Conducted tax research using the State comptroller’s office web sites, managed special projects.

Met with various business owners and their CPA’s to discuss multiple issues related to sales tax audits.

Provided the taxpayers with interpretation of State sales and use tax administrative rules and codes.

Researched tax issues involving return preparation and planning projects using CCH and RIA.

Verizon Service Corporation, Irving, Texas 01/2000-11/2001

Senior Tax Accountant and Financial Analyst

Performed Nexus study and determined the company’s filing requirements in State & local jurisdictions.

Filed Sales and Use taxes, Utility Privilege, Franchise and Rental Gross Receipts taxes in various State and Local Government jurisdictions (50 States Tax Compliance, 250 returns a month).

Reviewed billing reports and processed data information pertained to diverse business units in various States and Local jurisdictions. Analyzed the G/L accounts for variances or errors and made the necessary adjustments. Conducted tax audits and tax research, managed special projects, supervised and trained tax personnel and worked with various State and Local Government auditing professionals.

Maintained contact with various governmental authorities in the 50 states, to issues related to Tax Compliance (reviewed and processed notices from the taxing authorities, registration and licensing).

Reconciled corporate G/L tax accounts (150-200 G/L accounts). Created and maintained journal entries.

Centex Corporation/Centex Home Team Services 06/1999-11/1999

Staff and Tax Accountant

Filed State and Local government sales and use tax returns and maintained contact with various governmental authorities (Tax Compliance in 50 States).

Assisted with month end financial closing, reconciled bank statements & G/L accounts and performed financial statement variance analysis. Created and maintained journal entries, and updated monthly financial reports. Processed cash, credit cards receipts and bank deposits, assisted with account payable.

Maintained contacts with field offices on a daily basis and provided consulting services.

Filed the corporation’s bad debts with Dun & Bradstreet and Credit Management Services for collection.

Monitored the receivables and assisted in the billing and collection process.

Conducted tax audits and tax research, managed special projects, supervised and trained tax personnel and worked with various State and Local Government auditing professionals.

Fort Worth Tower, Inc., Arlington, Texas- Staff and Tax Accountant 04/ 1998-06/1999

Filed State and Local government sales and use tax returns and maintained contact with various governmental authorities (Tax Compliance in 38 States), 200-300 returns a month. Assisted with month end financial closing, and reconciled bank & G/L accounts. Journalized and posted business transactions, prepared financial reports for management evaluation. (Reviewed and processed notices from the taxing authorities, registration and licensing).

Assisted in the State audit of sales, use and franchise taxes. Teamed with the audit committee and the internal auditor and assisted in writing and performing the auditing procedures.

Exxon Mobile-Cross-Timbers Oil Company, Fort Worth City, Texas 01/1995-03/1998

Revenue and Tax Accountant

Processed royalties on oil & gas production for Government land office and University of Texas.

Filed sales and use taxes on oil & gas production, in 50 states (Tax Compliance).

Reviewed information related to oil & gas production from the check stop data exchange area.

Estimated monthly accruals of Cross-Timbers oil and gas operating expenses and analyzed the revenue and expense accounts and report the results to the upper management.

Reconciled corporate G/L tax accounts. Created and maintained journal entries.

EDUCATION

University of Texas at Arlington-B.A. in Accounting

Institute of Engineering Higher Education, Russia - M.S. in Mechanical Engineering-Completed courses in intensive Engineering Design, project management, advanced Financial Analysis, manufacturing economics and production cost analysis.

Contact this candidate