Flowserve

Federal and State Tax, Compliance, Provisioning & Reporting Operations Analyst

Budapest, Hungary Full time

Role Summary

This role is central to the tax lifecycle within a multinational finance environment. The Analyst will support federal and state tax provisioning, compliance, and reporting across multiple jurisdictions, ensuring accuracy, timeliness, and audit readiness. Operating within ERP-integrated systems, the role demands technical tax expertise, process optimization capabilities, and stakeholder-facing communication.

Key Responsibilities

Tax Compliance & Provisioning

  • Prepare and review federal and state income tax provisions (ASC 740), including deferred tax calculations and true-ups

  • Support quarterly and annual tax reporting cycles, ensuring alignment with GAAP and IFRS standards

  • Reconcile tax accounts and validate data integrity across ERP systems (SAP, Oracle, etc.)

Regulatory Reporting

  • Compile and submit federal and state tax filings, including corporate income tax, franchise tax, and gross receipts tax

  • Monitor legislative changes and ensure compliance with evolving tax codes and regulatory requirements

  • Assist with FATCA, BEPS, and other global reporting obligations as applicable

Process & Systems Optimization

  • Design and maintain tax data models, process maps, and control frameworks

  • Collaborate with IT and finance teams to enhance automation and standardization of tax workflows

  • Support ERP upgrades and tax engine integrations (e.g., Vertex, ONESOURCE)

Stakeholder Engagement

  • Prepare board-level dashboards, tax packs, and audit-ready documentation

  • Liaise with external auditors, tax advisors, and internal stakeholders across finance, legal, and compliance

  • Contribute to cross-functional projects including M&A, restructuring, and transfer pricing

Requirements

  • Bachelor’s degree in Accounting, Finance, or Taxation; CPA or equivalent

  • Ideally 4 years in federal/state tax compliance, preferably in a multinational or shared services environment

  • Proficiency in ERP fluency (SAP, Oracle, Great Plains) and experience of using tax solutions is a plus (ONESOURCE, CorpTax)

  • Strong grasp of ASC 740, US GAAP, IFRS, and multi-jurisdictional tax frameworks

  • Federal and state filing expertise across multiple jurisdictions

  • Data harmonization and reconciliation across complex systems

  • Experience with tax provisioning software

  • Advanced Excel, Power BI, or Tableau for reporting and visualization

  • Familiarity with SOX controls and audit trail documentation

  • Strong problem-solving skills with attention to detail and data integrity

  • Proficient communication skills on all level; clear, concise, and tailored messaging for technical and non-technical audiences

  • Navigates ambiguity and regulatory change with resilience

  • Takes initiative and accountability for deliverables and deadlines

  • Works collaboratively across time zones and functions

Preferred Skills

  • Exposure to indirect tax, payroll tax, or international tax regimes

  • Experience with tax data modeling and automation projects

  • Familiarity with FATCA, BEPS, and global reporting standards

What we can offer you

  • Competitive salary and bonus scheme

  • Career development and training opportunity

  • Life, accident and health insurance

  • Cafeteria package

  • Friendly multicultural environment and team events

If this sounds like you and you are interested in a growth mindset role with a global leader in the fluid control industry, then click APPLY with your English CV and one of our Talent Acquisition team with get in touch with you very soon.