Fixed Asset Tax Specialist

About This Role

• We are seeking a detail-oriented and knowledgeable Fixed Asset Tax Accountant with expertise in U.S. taxation to manage and optimize the tax treatment of fixed assets.
• This role is responsible for ensuring compliance with federal, state, and local tax regulations related to depreciation, capitalization, dispositions, and asset-related tax reporting.
• The ideal candidate will have a strong understanding of U.S. tax depreciation methods, cost segregation, bonus depreciation, and Section 179, as well as experience supporting audits and tax filings.
• Core Responsibilities Tax Depreciation & Compliance - Calculate, review, and report federal, state, and local tax depreciation using systems like Tax Depreciation Systems (TDS) or specialized software.
• Book-Tax Reconciliation - Identify, analyze, and reconcile differences between financial book depreciation (GAAP/IFRS) and tax depreciation (IRS rules).
• Asset Management - Record acquisitions, transfers, disposals, and retirements of fixed assets.
• Tax Filing Support - Prepare fixed asset data for income tax returns, tax provision workpapers (ASC 740), and property tax filings.
• Capitalization Review - Analyze expenditures to determine if they should be capitalized or expensed, ensuring compliance with tax policies.
• Audit Support - Assist with internal and external audits by providing documentation for fixed asset schedules.
• Legislative Monitoring - Monitor changes in tax law (e.g., bonus depreciation, MACRS updates) and apply them to asset records.
• For positions requiring access to technical data, Analog Devices, Inc. may have to obtain export licensing approval from the U.S.
• Department of Commerce - Bureau of Industry and Security and/or the U.S.
• Department of State - Directorate of Defense Trade Controls.
• As such, applicants for this position – except US Citizens, US Permanent Residents, and protected individuals as defined by 8 U.S.C. 1324b(a)(3) – may have to go through an export licensing review process.
• We foster a culture where everyone has an opportunity to succeed regardless of their race, color, religion, age, ancestry, national origin, social or ethnic origin, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, parental status, disability, medical condition, genetic information, military or veteran status, union membership, and political affiliation, or any other legally protected group.
• Job Req Type: Experienced Required Travel: Yes, 10% of the time Shift Type: Normal Time (Philippines)