Federal Tax Audit & Change In Accounting Coordinator
Walgreens (Chicago North, Illinois)

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Job ID: 10472

Position Title: Federal Tax Audit & Change in Accounting Coordinator

Working Location: Illinois-Deerfield

Employment Status: Full-Time Regular

Required Experience: 10 years

Required Education: Bachelors Degree


Job Description:
Walgreens is the nation’s largest drugstore chain with fiscal 2007 sales of $53.8 billion. The company operates over 6,000 stores in 49 states and Puerto Rico, including 77 Happy Harry’s stores in Delaware and surrounding states. With 500 store openings per year, Walgreens will operate over 7,000 stores by 2010. Walgreens is expanding its patient-first health care services beyond traditional pharmacy through Walgreens Health Services, its managed care division, and Take Care Health Systems, a wholly-owned subsidiary that manages convenient care clinics inside drugstores. Walgreens Health Services assists pharmacy patients and prescription drug and medical plans through Walgreens Health Initiatives, Inc. (a pharmacy benefits manager), Walgreens Mail Service Inc., Walgreens Home Care Inc., and Walgreens Specialty Pharmacy LLC.

Ranked 2nd among food and drug retailers on Fortune's "Most Admired Companies in America" list. We offer challenging and rewarding opportunities in a friendly, diverse, inclusive and respectful environment, with excellent benefits including:

• Company-matched profit sharing contributions
• Stock discount purchase program
• Employee discount plan
• Train shuttle service
• On-site childcare
• Flex-pay
• Medical/Dental plan

As the nation's leading pharmacy, we seek professional individuals to fill key positions at Walgreens, ensuring our leadership and taking us to even higher levels of growth, profitability, innovation and customer service. Walgreens is an equal opportunity employer and welcomes individuals of diverse talents and backgrounds. Walgreens promotes and supports a drug-free and smoke-free workplace.

Company Information: http://www.walgreens.com

Assists in federal tax audits and prepares applications for changes in accounting methods.


Essential Skills:
Assists the Senior Manager-Federal Tax Audits in preparing responses to Information/Document Requests (IDR’s) and Notices of Proposed Adjustments (NPA’s) in a timely manner. Gathers information, prepares workpapers to support positions taken in Walgreens federal tax returns. Researches tax regulations, ruling and case law in preparing responses to IDR’s and NPA’s. Participates in negotiations with the IRS Team Coordinator and Case Manager and other IRS audit team specialists. Assists the Senior Manager-Federal Tax Audits in legally minimizing the Company’s federal tax liability and in obtaining fair and equitable settlements.

Assists the Senior Manager-Federal Tax Audits on non-income tax audits as assigned, including excise tax audits and payroll tax audits.

Under the direction of the Senior Manager-Federal Tax Audits, Coordinates the federal tax audits of newly acquired companies. Works with former management of these companies to prepare responses to IDR’s and supervise the audit of these companies.

Prepares applications for changes in accounting method as opportunities arise, in a timely manner, so as to legally minimize the Company’s federal income tax liability. Works with Accounting and Tax to explore tax-saving opportunities that are available to the Company. Works with outside tax consultants to ensure that such all applications are properly prepared. Ensures that applications to be filed are feasible to implement, weighing the administrative cost against the potential tax benefit to the Company.

Monitors changes in book accounting methods and identifies those that require method changes for tax purposes. Works with the Accounting Department to establish and maintain a process that identifies book accounting changes in a timely manner. Reviews methods of accounting used by newly acquired companies and identifies opportunities for tax saving changes.



Qualifications:
B.S. accounting; M.S. tax desirable; corporate tax audit experience; strong oral and written communication skills required.

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