JOB SUMMARY
Responsible for carrying out tax compliance and tax planning projects.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Tax Compliance/Accounting
- Review the timely and accurate preparation of income tax provision calculations under ASC 740. Assess valuation allowance considerations, uncertain tax positions, and APB 23 exception assertions.
- Prepare the Company’s interim income tax calculations in accordance with ASC 740-270.
- Review and manage the Mexico federal income and state income/franchise tax compliance.
- Prepare trend reporting analyses to summarize actual and forecasted results for management.
- Manage the ASC 740 implications of acquisitions and greenfield plants, including the merger and restructuring in local jurisdictions.
- Maintain professional affiliations with external consultants. Interface directly with public accountants during annual financial audit and quarterly interim reporting.
- Coordinate the global income tax and indirect tax compliance engagement with outside service providers.
- Actively maintain and improve the administration of procedures and internal controls within the tax function in accordance with Sarbanes-Oxley §404 compliance.
- Improve processes by identifying efficiencies in preparation and information gathering procedures.
- Collaborate with other departments on cross-functional projects and ensure each department executes properly for tax purposes.
- Keep up to date on changes in tax law and related guidance through webcasts, technical reading, and trainings.
- Select, develop, evaluate, and motivate subordinates to provide the department with a source of qualified talent.
- Seek ways to identify tax savings opportunities and work with others, where applicable, to implement those strategies.
Tax Planning
- Assist with tax due diligence and legal agreement review with respect to potential acquisitions.
- Assist with the structural integration and planning for acquisitions and new investments.
- Review U.S./Mexico international tax compliance workpapers, review and edit related tax returns in tax software, and document tax return positions.
- Review U.S./Mexico tax modeling for purposes of tax expense provision, tax compliance, and tax planning.
- Assist in planning and implementing cross-border restructurings and cash redeployment, including tax analysis preparation, review, and documentation.
- Provide tax analysis with respect to new business opportunities identified by business partners, communicate recommendations, and assist in implementation.
- Conduct critical analysis of data to identify critical tax issues and assist with plans to address such issues.
- Collaborate with other departments on cross-functional projects and ensure each department executes properly for tax purposes.
- Review legal documents for specific content and propose recommended modifications as needed.
- Interface directly with public accountants/tax counsel on technical advice.
- Select, develop, evaluate, and motivate subordinates to provide the department with a source of qualified talent.
- Keep up to date on changes in tax law and related guidance through webcasts, technical reading, and trainings.
MANAGEMENT & SUPERVISORY RESPONSIBILITIES
- Typically reports to Management.
JOB QUALIFICATIONS
KNOWLEDGE AND SKILL REQUIREMENTS
- Experience in analytical tasks and research.
- Working knowledge of tax technical rules.
- Excellent oral and written communication skills.
- Demonstrated ability to handle multiple tasks simultaneously in a fast-paced work environment.
- Ability to become proficient in accounting and tax return software.
- Working knowledge in the use of Microsoft Office products (Excel, Word, and PowerPoint).
EDUCATION & EXPERIENCE REQUIREMENTS
- Bachelor's degree in Accounting or Taxation. Master’s degree strongly preferred.
- 8+ years of experience or equivalent combination of higher-level education and experience.
- Preferred 7 years of experience in a Big Four firm in the tax department.