Corporate Tax Manager-Partnership

Penske Truck Leasing Co., L.P.; Reading (Berks County); On-site; USD 120,000 - 180,000; Full time

Job summary

Penske Truck Leasing Co., L.P. in Reading, PA seeks an experienced tax professional to lead partnership tax compliance and develop planning strategies for global operations. You will collaborate with finance and external advisors to optimize tax outcomes and manage audits.

The role requires strong communication, CPA certification or candidate, 5+ years in income tax, and the ability to translate complex tax concepts to business stakeholders; willingness to travel as needed.

Qualifications

• Bachelor's degree in accounting or finance required.
• 5+ years income tax experience in public accounting or large multinational environment.
• Strong experience with partnership taxation, federal and state income tax compliance, audits/controversy.
• CPA certification or active candidate preferred.
• Ability to translate complex tax concepts to business stakeholders.

Responsibilities

• Own and lead all aspects of partnership tax compliance, including preparation, review, allocation methodologies, partner reporting, and coordination with external advisors; internal SME
• Research and develop tax positions on complex income tax matters, document conclusions, and communicate results to stakeholders
• Develop and implement tax planning strategies to optimize effective tax rate and cash taxes, and evaluate impact of business transactions and legislative changes
• Own and manage tax audits and controversy, including defending positions and coordination of responses
• Manage tax forecasting and business initiatives with Finance and cross-functional teams to provide insights on tax impacts
• Provide tax accounting support, including ASC 740 provision assistance and review of tax-related GL accounts
• Support management on special tax projects as needed

Skills

Partnership taxation

Federal/state tax compliance

Tax audits & controversy

Analytical skills

Problem solving

Communication

Digital workflows

Process improvement

Team collaboration

Travel willingness

Education

Bachelor's degree in accounting or finance

Tools

CPA certification

Job description

You will use your education and experience to leverage industry leading technology and digital tools to help showcase your education and expertise in guiding the company around innovative tax management and compliance best practice approaches at the international, federal, state and local levels. Using your data mining and data literacy capabilities, spearhead efforts surrounding the identification and introduction of innovative approaches that deliver meaningful process improvement, and efficiency gains along with solid support documentation practices.

Successful candidates in this role have the ability to be promoted to positions with increasing levels of responsibility.

Major Responsibilities

Join other innovative and experienced tax professionals as part of the Penske Corporate Tax Team aligned around a mission to providing global tax compliance strategies, innovative tax planning approaches, and expertise surrounding tax risk management including but not limited to, the following responsibilities:

• Own and lead all aspects of partnership tax compliance, including preparation, review, allocation methodologies, partner reporting, and coordination with external advisors; serve as the internal subject matter expert

• Research and develop tax positions on complex income tax matters, document conclusions, and communicate results to stakeholders

• Develop and implement tax planning strategies to optimize effective tax rate and cash taxes, and evaluate the impact of business transactions and legislative changes

• Own and manage tax audits and controversy, including defending positions, coordinating responses, and monitoring statutes of limitation

• Manage tax forecasting and business initiatives through collaboration with Finance and other cross-functional teams to provide insights on tax impacts

• Provide tax accounting support, including ASC 740 provision assistance and review of tax-related general ledger accounts and reconciliations

• Provide support to the management team on special tax projects as needed

Qualifications

• Bachelor's degree in accounting or finance

• Minimum 5 years of income tax experience in public accounting and/or large multinational environment

• Strong experience with Partnership taxation, Federal and state income tax compliance, Tax audits and controversy

• CPA certification or candidate preferred

• Strong analytical and problem-solving skills with ability to interpret complex tax issues

• Ability to use digital workflows and tools to accomplish team objectives

• Process improvement skills to increase efficiency, simplicity and process clarity wherever possible

• Problem solving skills to analyze issues, identify solutions and implement process changes

• Excellent communication skills, including ability to translate technical tax concepts to business stakeholders

• Regular, predictable, full attendance is an essential function of the job

• Willingness to travel as necessary, work the required schedule, work at the specific location required, complete Penske employment application, submit to a background investigation (to include past employment, education, and criminal history) and drug screening are required.

Physical Requirements

• The physical and mental demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• The associate will be required to: read; communicate verbally and/or in written form; remember and analyze certain information; and remember and understand certain instructions or guidelines.

• While performing the duties of this job, the associate may be required to stand, walk, and sit. The associate is frequently required to use hands to touch, handle, and feel, and to reach with hands and arms. The associate must be able to occasionally lift and/or move up to 25lbs/12kg.

• Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus.

Penske is an Equal Opportunity Employer

About Penske Truck Leasing/Transportation Solutions

Penske Truck Leasing/Transportation Solutions is a premier global transportation provider that delivers essential and innovative transportation, logistics and technology services to help companies and people move forward. With headquarters in Reading, PA, Penske and its associates are driven by a dedication to excellence and a commitment to customer success. Visit Go Penske to learn more.

Job Category: Finance/Accounting

Job Function: Tax Strategy & Compliance

Job Family: Finance

Address: 100 Gundy Drive

Primary Location: US-PA-Reading

Employer: Penske Truck Leasing Co., L.P.

Req ID: 2607356