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.
CORPORATE TAX ACCOUNTANTÂ
POSITION OBJECTIVE
Prepare federal and state tax returns while complying with tax laws, provide assistance for financial statement reports, and research opportunities to save taxes. Â 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
- Income Tax Compliance – Ensure the accurate and timely preparation and filing of federal corporation/partnership and multi-state income/franchise tax returns and annual reports for assigned entities, in full compliance with applicable tax laws.
- Estimated Payments & Filing Deadlines – Ensure federal and state estimated tax payments, extensions, and required filings are properly determined and submitted on time to avoid interest, penalties, and late-filing exposure.
- Tax Provision – Support the corporate income tax provision, related true-ups, and financial statement disclosures in accordance with ASC 740 (FAS 109 / FIN 48).
- State Apportionment & Allocation – Ensure business data across plants and jurisdictions is gathered, analyzed, and correctly applied to state apportionment and allocation.
- International Tax – Support international tax computations and reporting, including GILTI and FDII, and maintain the supporting fixed-asset basis records.
- Tax Research & Planning – Monitor legislative and regulatory developments, evaluate their impact on the Company, and identify opportunities to reduce tax liability and improve compliance.Â
- Audit & Notice Support – Support federal and state tax audits and respond to tax authority notices to defend and protect the Company’s tax positions.
- Documentation & Records Integrity – Maintain complete, organized, and secure tax workpapers and electronic records to support filings, provisions, and audits.
QUALIFICATIONS
- 0-3 years of experience in accounting or taxation.
- B.S. in Accounting or Corporate Taxation
- Proficiency in Microsoft Office and Adobe Acrobat Professional
- Good communication skills both in oral and writing
- Familiar with corp-tax and/or AS 400 is preferred
- Minimal travel requirements.
- Must have regular, reliable attendance as well as the ability to work outside the regular schedule as required.Â
- Continued development as required such as: Legal and Ethical Training (LERN) and other internal and external tax related training. CPA preferred.
Check Out Our Benefits
Health Coverage and Perks
Excellent medical, dental, and vision insurance plans
Flexible spending accounts for health, dependent care Â
Short-term DisabilityÂ
Long-term DisabilityÂ
Group Term Life, Dependent and
Supplemental Life Insurance
Tuition ReimbursementÂ
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Work/Life Balance
10 Paid Holidays
Paid Time Off for a balanced life
(Vacation, Sick and Personal Time)Â
FlexTime AvailableÂ
 Competitive Compensation
Competitive salary, incentive/bonus, 401(k) plan with company match,Â
Cash Balance, Pension PlanÂ
Learn more about this Employer on their Career Site
