Tax Intern

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Job Description
Company Description Veolia Group aims to be the benchmark company for ecological transformation. With nearly 220,000 employees worldwide, the Group designs and provides game-changing solutions that are both useful and practical for water, waste and energy management. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources and replenish them. In 2021, the Veolia group provided 79 million inhabitants with drinking water and 61 million with sanitation, produced nearly 48 million megawatt hours and recovered 48 million tons of waste. Veolia Environnement (Paris Euronext: VIE) achieved consolidated revenue of 28,508 billion euros in 2021.  [ Link removed ] - Click here to apply to Tax Intern
Job Description Summary
The utility tax department has set up an internship program which will allow college students and recent graduates to put their classroom learning to use in a corporate setting. Some of the areas interns will get hands on experience in is the tax provision and filing federal and state tax returns. In addition to on-the-job learning, the intern will be exposed concepts unique to the utility industry such as regulatory accounting principles and the rate making process.
Primary Duties /  Responsibilities 
Prepare journal entries in accordance with US GAAP and International IFRS rules
Reconcile deferred tax asset and liability accounts on a quarterly basis
Support the month-end and year-end close activities for various departments
Assist in the preparation of corporate income tax returns and assist with information gathering and work paper organization
Prepare various tax returns and supporting schedules (including corporate and partnership income tax, property, sales/use and various other miscellaneous returns)
Perform on-line reviews of general ledger system data
Maintain processes and controls in compliance with internal control requirements
Assist in the preparation of US GAAP financial statements and analyze data/variances and regulatory reporting to various state public utility commissions
Research, stay current with and document new law changes under Federal and State laws
Internship Outcomes
Gain an understanding of the tax provision/ASC 740 Explain the difference between temporary and permanent differences
Explain the difference between statutory and effective tax rates
Gain an understanding of fixed assets Book vs tax depreciation
Basis adjustments
Be able to prepare, upload, and post the income tax provision journal entries
Be able to prepare and update various tax related fixed assets schedules
Be able to reconcile various tax and regulatory accounts
Be familiar with navigating and running reports from the various tax software OneSource Tax Provision
OneSource Income Tax
PowerPlan
Utility Tax Functions
Income Tax Accounting
Identify permanent and temporary differences to get taxable income
Prepare tax provision journal entry
Calculate tax depreciation, gain/loss, and repairs expense deduction
Reconcile deferred income tax, regulatory asset, and regulatory liability accounts
Income Tax Compliance
Understand the Federal and SALT Income Tax Compliance cycle
Overview of Return to Provision 
Introduce different rules applicable to SALT
Understand the Corporate Structure and ownership of the subsidiaries
Sales & Use Tax
Prepare the monthly reconciliation of Sales & Use Tax
Assist in responding to inquiries, and prepare exemption documents
Assist in the monthly payments to all local jurisdictions
Preparation of policies and procedures related to Sales & Use Tax
Qualifications Additional Information VNA is committed to the principles of equal employment opportunity. VNA’s practices and employment decisions, including those regarding recruitment, hiring, assignment, promotion, compensation, benefits, training, discipline, and termination shall not be based on any person’s sex, race, color, religion, ancestry or national origin, age, disability, marital status, sexual orientation, pregnancy, veteran status, citizenship status or other protected group status as defined by applicable law. 
VNA gives fair consideration to all qualified individuals and affords all employees and applicants opportunities for advancement according to their individual abilities without regard to membership in any applicable protected category. No opportunity for hire, advancement or any other condition of employment will be diminished through unlawful discriminatory practices.
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