Global Tax Reporting Manager

Gates Corporation; Denver (CO); On-site; USD 125,000 - 145,000; Full time

Benefits offered by this job

Salary $125,000–$145,000 per year

Bonus Eligible 10%

Health, Dental, Vision insurance

Job summary

Gates Corporation seeks a Tax Manager in our downtown Denver headquarters. You will oversee global income tax matters for the Gates consolidated group, focusing on ASC 740 provisions for foreign affiliates and tax accounting across borders.

You will coordinate with local controllers, support SOX and OECD Pillar Two initiatives, and drive improvements in data accuracy and reporting efficiency. Strong analytical skills and US GAAP tax knowledge are essential.

Qualifications

• Bachelor's degree in Accounting required.
• 8+ years in corporate tax, tax accounting, or international tax.
• Experience with ASC 740 provisions and US GAAP tax accounting.
• Strong understanding of transfer pricing and country-by-country reporting.

Responsibilities

• Manage ASC 740 tax provision process for foreign affiliates.
• Review US GAAP income tax provisions and deferred taxes.
• Import data into Corptax and support local controllers.
• Support global tax reporting, including OECD Pillar Two.

Skills

ASC 740

US GAAP

Transfer pricing

Corptax

Excel

Analytical skills

SOX compliance

Education

Bachelor's degree in Accounting

Tools

Corptax

Excel

Job description

Are you inspired by challenging the status quo? Do you thrive in collaborative environments that drive results? If so, Gates could be for you.

Gates is a leading manufacturer of application-specific fluid power and power transmission solutions. We push the boundaries of material science to engineer solutions that continually exceed customer expectations.

Let's simplify it, think belts and hoses. Found in motorcycles, conveyor belts, cars, tractors, blenders, vacuum cleaners, bicycles, & 3D printers just to name a few. Because why not do it all?

Position Summary

As an innovation leader, we look for ambitious, forward thinking, open-minded and well-rounded individuals to join our global team. Gates is looking for a Tax Manager who will be located in our downtown Denver global headquarters. In this role, you will gain broad exposure to global income tax matters as it relates to the Gates consolidated group (US CFCs and Other foreign affiliates). This role requires significant analytical skills to transform data into information that can be distributed to management.

Essential Duties and Responsibilities

• Manage the quarterly and annual ASC 740 tax provision process for foreign affiliates included in the Gates consolidated financial statements.
• Review and analyze US GAAP income tax provisions for foreign affiliates, analyzing deferred tax positions, valuation allowances, uncertain tax positions and current tax account balances.
• Assist in importing data into Corptax Provision software and providing provision support for local country controllers.
• Prepare analyses and explanations of quarterly and annual effective tax rate fluctuations with well documented understandings on material rate reconciling items.
• Assist in researching and proving the impacts of any new items running through the foreign affiliates tax provision (tax rate changes, changes in local tax laws, material transactions, etc.).
• Support process improvement initiatives to enhance the efficiency, accuracy and scalability of the foreign affiliate tax provision process.
• Coordinate globally with local controllers of foreign affiliates to ensure timely filing of local tax returns and relevant transfer pricing documentation, support local tax audits, and provide technical guidance.
• Contribute to the improvement and documentation of processes for SOX compliance.
• Stay informed on facts and tax laws so that impacts are timely accounted for under ASC 740.
• Support local country team members with both financial statement audit and governmental income tax audit questions. Provide detailed understanding of the issues at risk.
• Support Global Tax Reporting function with country-by-country reporting, Master File, and generally support in maintaining global transfer pricing documentation.
• Support the global implementation and ongoing compliance requirements associated with OECD Pillar Two, including collection and validation of jurisdictional data, GloBE calculations, and related reporting obligations.
• Support in building processes to better understand and track intercompany transactions, including goods transactions, interest, royalties, and management/service charges.
• Identify opportunities to leverage automation and technology solutions to improve tax reporting processes, data gathering, and analytics.
• As needed, assist with the in-house domestic compliance preparation (US Federal and State), special projects, disclosure analytics, tax planning etc.

Requirements and Preferred Skills

Required:

• Bachelor's degree in Accounting
• 8+ years of progressive experience in corporate tax, tax accounting, and/or international tax at a multinational company or public accounting firm.
• Ability to dissect and simplify complex tax accounting items to provide meaningful output to management
• Experience preparing or reviewing quarterly and annual income tax provisions under ASC 740, with a strong understanding of income tax accounting principles.
• Ability to form expectations and if the result differs be able to understand and reconcile why the difference makes sense
• An understanding of US GAAP and SEC Reporting requirements
• An understanding of corporate tax compliance and book to tax reconciliations
• An understanding of interim tax accounting principles (AETR vs discrete)
• Willingness to accommodate colleagues in international time zones as needed
• Problem-solving skills and an ability to work with minimal supervision
• Knowledge of Sarbanes Oxley, including control processes
• Attention to detail in workpapers, exhibiting rigor in supporting calculated values using tools such as referencing and indexing
• Exceptional accounting, tax compliance, project management, and analytical skills
• Ability to learn technical tax and accounting issues, including assessing the impact of and applying the new tax law
• Very minimal travel is required
• Must be legally authorized to work in the United States without company sponsorship.

Preferred:

• Master's degree in Tax or Accounting
• CPA strongly preferred
• Experience with multinational manufacturing companies
• Experience with SEC reporting and Form 10-K/10-Q tax disclosures
• Knowledge of OECD Pillar Two requirements
• Experience with a tax accounting software (Corptax preferred)
• Experience coordinating foreign tax audits
• Experience with transfer pricing documentation and country-by-country reporting
• Experience preparing or reviewing US GAAP interim and annual income tax provisions
• Advanced Excel skills, including experience working with large data sets, complex formulas, and data analytics

Pay & Benefits

• Full-Time
• Salary: $125,000 - $145,000
• Bonus Eligible: 10%
• Medical, Dental, Vision insurance and other voluntary benefit options: benefits begin on the first day of the month immediately following your date of hire
• Eligible for 3 weeks of paid vacation + 11 holidays (9 scheduled & 2 floating) + 8 sick days. All vacation days are accrued
• 401(k): 3% company contribution and additional 3% company match
• Tuition Reimbursement

Why Gates?

Founded in 1911 in Denver, Colorado, Gates is publicly traded on the NYSE. While we might operate in a vast amount of time zones we operate as 'One Gates' and have a common goal of pushing the boundaries of materials science. We invest in our people, bringing real-world experience that enables us to solve our customers' diverse challenges of today and anticipate those of tomorrow.

Work Environment

Gates is an Equal Opportunity and is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of race, sex, color, religion, age, disability, pregnancy, citizenship, sexual orientation, gender identity, national origin, protected veteran status, genetic information, marital status, or any other consideration defined by law.
While performing the duties of this job, the employee is frequently required to sit; use hands and fingers to work with objects, tools, or controls; and use office equipment including computers, telephones, and/or copiers/scanners. The employee must frequently lift and/or move up to 10 pounds.
For individuals assigned and/or hired to work in Colorado, Gates is required by law to include a reasonable estimate of the compensation for this role. This compensation range is specific to the State of Colorado and takes into account various factors that are considered in making compensation decisions, including but not limited to the candidate's relevant experience, qualifications, skills, competencies, and proficiency for the role.