Director, Tax Reporting & Audit

DRiV Incorporated; Southfield (MI); On-site; USD 150,000 - 190,000; Full time

Benefits offered by this job

Bonus possible

Benefits package

Job summary

DRiV Incorporated seeks a Director of Tax Reporting & Audits to oversee tax accounting, compliance, and audit defense. The role leads the quarterly and year-end tax provision, federal and state returns, and interfaces with federal/state authorities, finance, legal, and business units.

The position requires driving results in a complex multinational environment with deep tax expertise and leadership capabilities for ongoing optimization.

Qualifications

• 10+ years tax experience in public accounting or multinational environment.
• Expertise in federal and state tax.
• Detailed technical comprehension of tax law and accounting.
• Extensive knowledge of federal income taxation.
• Excellent communication and financial analysis skills.
• Ability to integrate business objectives with tax strategies.
• Strong training and people development skills.
• Experience with OneSource Tax Provision and OneSource Income Tax software.

Responsibilities

• Direct the income tax provision process with third-party providers.
• Manage documentation of Uncertain Tax Positions per ASC 740-10.
• Lead audit defense during tax examinations and resolve issues.
• Lead domestic tax planning activities.
• Coordinate with international ops finance for US returns and worldwide provision.
• Prepare tax forecasts for planning and rate analysis.
• Oversee global tax compliance with local finance teams.
• Manage preparation of consolidated federal and state/local returns and forms 5471, 1118, 8858.

Skills

Tax expertise

Communication

Project management

Leadership

Analytical skills

Interpersonal skills

Education

CPA

Masters of Taxation

Tools

OneSource Tax Provision

OneSource Income Tax

Job description

Director of Tax Reporting & Audits

Position Description

Skokie, IL or Southfield, MI

Company Description:

DRiV, a Tenneco company, includes 31 of the best known and respected aftermarket brands, including 14 brands 100 years or older. We are driven to elevate the ride experience through technology and high-performance solutions, delivering innovation, quality and unparalleled service to our Aftermarket customers.

Position Summary:

This position will oversee all aspects of the company's tax accounting, tax compliance, domestic tax research and audit defense. The position will lead the quarterly and year-end tax accounting process and oversee the preparation of the federal and state income tax returns. Additionally, the position will lead the audit defense and will have regular interaction with the federal and state tax exam authorities. Finally, the position will interface regularly with the finance, legal, and corporate departments as well as business unit management.

Essential Responsibilities:

• Direct the income tax provision process, including coordination with third party service providers who assist in the preparation of the company's consolidated quarterly and annual income tax provision in accordance with ASC 740.
• Responsible for documentation and maintenance of Uncertain Tax Positions in accordance with ASC 740-10.
• Lead the audit defense efforts related to the examination process of tax returns by various governmental agencies. Provide recommendations to resolve tax audit issues and conclude such audits in a timely manner that is most beneficial to the company.
• Lead tax domestic planning
• Coordinate with the regional finance directors of the company's international operations to obtain information for US returns and worldwide tax provision.
• Prepare tax forecasts for planning and effective tax rate analysis.
• Oversee the global tax compliance engagement in coordination with the local finance teams
• Manage the preparation of the consolidated federal income tax return as well as the state & and local income tax returns. Oversee the preparation of the forms 5471, 1118, 8858 that are prepared by an outside service provider.
• Manage and develop tax personnel.

Basic Qualifications:

• 10+ years tax experience in public accounting or in a highly complex multinational environment required.
• Expertise in federal and state tax is required.
• Must possess a detailed technical comprehension of tax law in addition to accounting, business and economic principles and procedures within a complex multinational legal structure
• Extensive knowledge of federal income taxation.
• Excellent communication (verbal and written) and financial analysis skills required to convey the tax impacts of complex technical issues to nontax stakeholders.
• The ability to integrate strategic business objectives with overall tax strategies.
• Strong training and people development skills.
• Project management skills required.
• Experience with OneSource Tax Provision and OneSource Income Tax software.

Desired Experience and Traits:

• Must have excellent verbal and written communication and interpersonal skills and the ability to successfully communicate with all levels of the organization

Educational Requirements:

• CPA
• Masters of Taxation degree preferred but not required

Compensation/Benefits:

• Market competitive salary with bonus, plus standard benefits package