Company Overview for Formosa Plastics Corporation, U.S.A.
Founded in 1978, Formosa Plastics Corporation, U.S.A. (Formosa Plastics) is a growing, vertically-integrated supplier of plastic resins and petrochemicals. With annual revenues of more than $5 billion, we employ over 2,800 people who operate 20 production units in six business divisions - Olefins, Polyolefins, Vinyl, Specialty Polyvinyl Chloride, Chlor-Alkali, and Oil & Gas.
Formosa Plastics offers a full line of polyvinyl chloride, polyethylene and polypropylene resins, caustic soda and other petrochemicals that deliver the consistency, performance and quality that customers demand. We market our polypropylene and polyethylene resins under the Formolene® tradename; we market our suspension PVC and specialty (dispersion) PVC resins under the Formolon® tradename. We also produce and sell caustic soda, ethylene dichloride, commercial bleach and hydrochloric acid.
We are committed to supplying the highest quality products and services to our customers, providing a safe and healthy workplace for our employees and contributing to the quality of life in the communities where we operate. This commitment is made possible through our dedicated people, consistent products, continued protection of the environment and ongoing investments in new product development, quality control systems and safe, modern and energy-efficient production facilities.
Formosa Plastics is a privately held company headquartered in Livingston, New Jersey. Our core business, producing plastic resins and petrochemicals, takes place at three wholly-owned chemical manufacturing subsidiaries located in Delaware City, Delaware, Baton Rouge, Louisiana and Point Comfort, Texas.
Tax Accountant
Prepare federal and state tax returns while complying with tax laws, provide assistance for financial statement reports, and research opportunities to save taxes. Prepare quarterly excise tax return and reconcile the payment and export tax credit/refund. This position involves accurately and punctually file the tax returns, avoid penalties, and specialize in tax data collecting, analyzing, and calculating.
Major Areas of Accountability
- Prepare and file Federal Corporation/Partnership Tax Returns and State Income/Franchise Tax Returns for several entities in different States. Resolve any technical and e-filing problems related to the tax software.
- Prepare quarterly excise tax return and claim export tax credits.
- Compile business data from each plant for tax apportionment & allocation.
- Estimate federal and state quarterly tax payments and make the payments on time to avoid any interest and late filing penalties.
- Perform annual tax provisions, true-up and tax disclosures in financial reports to ensure compliance of IAS 12 and uncertainty tax position.
- Stay up-to-date on any regulation updates to ensure tax compliance and increase the opportunities to save tax.
- File annual report for all entities.
- Maintain tax data intact in working papers and electronic files.
- Provide federal and state tax audit assistance.
- Assist tax projects as assigned.
- Perform international tax calculation, such as global intangible low-taxed income (GILTI) and foreign-derived intangible income (FDII).
Technical Job Criteria
- Minimum one year of experience in accounting or taxation
- Proficiency in Microsoft Office and Adobe Acrobat Professional
- Good communication skills both in oral and writing
- Familiar with corptax and/or AS 400 is preferred
- B.S. in Accounting or Taxation
- CPA preferred.
- Minimal travel requirements.
- Must have regular, reliable attendance as well as the ability to work outside the regular schedule as required.
Check Out Our Benefits
Health Coverage and Perks
Excellent medical, dental, and vision insurance plans
Flexible spending accounts for health, dependent care
Short-term Disability
Long-term Disability
Group Term Life, Dependent and
Supplemental Life Insurance
Tuition Reimbursement
Work/Life Balance
10 Paid Holidays
Paid Time Off for a balanced life
(Vacation, Sick and Personal Time)
FlexTime Available
Competitive Compensation
Competitive salary, incentive/bonus, 401(k) plan with company match,
Cash Balance, Pension Plan
Other details
- Job Family SP
- Job Function R
- Pay Type Salary
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