Tax Manager

Bacardi-Martini; Miami, Northern (FL, KY); Hybrid; USD 110,000 - 150,000; Full time

Benefits offered by this job

Medical insurance

Retirement plan

Flexible work arrangements

Travel discounts

Job summary

Bacardi is seeking a Tax Compliance and Accounting leader for its NAM operational entities, based in Miami, FL. You will drive U.S. federal/state filings, tax accounting, and transfer pricing, coordinating with the NAM Tax Team and Global Tax to strengthen standardization and automation across the North America Hub.

The role requires 5+ years of federal/state income tax experience, strong US GAAP knowledge, and SAP proficiency. CPA/MST preferred; Spanish is a plus.

Qualifications

• BS in Accounting.
• CPA or MST preferred.
• Big 4 experience or comparable preferred.
• Experience with US IRC Sec 263A and foreign tax credits preferred.
• Spanish fluency an asset.

Responsibilities

• Ensure accurate and timely filings of U.S. Federal and State/Local returns for NAM entities.
• Prepare tax accounting submissions and footnotes for financial statements.
• Support tax audits and transfer pricing as needed.
• Collaborate with Shared Service Center and Global Tax team.

Skills

Tax compliance

UNICAP knowledge

US transfer pricing

Cost accounting

US GAAP reporting

SAP experience

Education

Bachelor of Science in Accounting

CPA or MST preferred

Tools

SAP

Job description

You will lead the Statutory Tax Compliance and Accounting for the Company’s NAM operational entities. You will work together with the rest of the NAM Tax Team delivering against the objectives to strengthen the process, enable more standardization and opportunity for continual improvement to achieve a level of greater assurance the Company’s North American Hub remains in full compliance with all relevant tax obligations.

The NAM Hub includes the United States, Canada, and Puerto Rico. You will develop a full understanding of current compliance posture, the processes that support Statutory Accounting, Corporate Income Tax, Sales and Use and country specific local tax reporting compliance to ensure timely and accurate compliance for NAM entities.

You will work closely and partner with the Company’s shared service team and their processes that form the basis for the Statutory Accounting and Tax Reporting and the means by which each NAM affiliate accesses the relevant financial and other data. Key objectives also include formulating requirements to deliver improved automation of tax processes in coordination with the Senior Tax Manager – Global Shared Services.

This role will require you to be able to juggle additional tasks including the timely and accurate forecasting and periodic tax financial reporting, administering of transfer pricing, supporting tax audit and controversy resolution and assisting with tax strategy and business support in the NAM Hub under the direction and responsibility of the Senior Tax Manager – North America and other members of the Global Tax team. You will be based in Miami, Florida.

KEY ACCOUNTABILITIES AND RESPONSIBILITIES

Drive Results and excellence in execution of NAM Tax Compliance

1) Ensure the accurate and timely filings of the U.S. Federal, State/Local for various NAM entities

• Ongoing connection with business partners (finance, legal, HR, Commercial, etc.) to ensure current knowledge of non-recurring events, changes in the business, and impact on taxes
• Ensure accurate statutory financial reporting throughout the year
• Review book results and various journal entries for analysis of book to tax adjustments
• Interface with various finance teams and shared service center resources to ensure thorough understanding of statutory results and reporting of tax sensitive transactions
• Review income tax provisions and ensure the accurate posting of entries
• Review federal, state and provincial income tax returns prepared in income tax software and respond to any comments from external advisors
• Review analysis of book to tax differences, tax return working papers (including calculations for UNICAP, BEAT, CAMT and international tax forms), investigate material discrepancies between year-end tax accounting and tax returns
• Oversee collection of fixed asset data for book purposes and work with external advisors to prepare Federal and State tax depreciation reports
• Deliver timely analysis and response to matters identified by the Senior Tax Manager on consolidated or separate tax returns
• Review Forms 1042 and 1099 for U.S. entities ensuring compliance with all relevant requirements
• Prepare and/or review filing adjustments to state returns for federal audit adjustments
• Conduct tax research on specific federal and state income tax issues
• Keep up to date on relevant U.S. tax compliance legal and procedural developments
• Support other tax compliance and projects, as required

2) Ensure the accurate and timely preparation of tax financial reporting submissions

• Prepare accurate and timely tax accounting submissions
• Prepare tax reporting packages and entries for various entities for the submission of the following: Budgets, latest estimates and quarterly reporting
• Complete supporting documentation in compliance of SOX procedures
• Prepare and/or review the annual transfer pricing, tax provision, and footnote for inclusion in the audited financial statements of the Puerto Rican entities, including coordination with local finance to address any post–year-end adjustments to the statutory financial statements

3) Ensure accurate calculation and timely payment of federal, state, provincial estimated tax payment.

4) Support indirect tax compliance as required (i.e., sales and use tax, beverage tax, Canadian GST/HST/QST, and other non-income tax)

Successful Resolution of Tax Audits

Assist in federal and state income tax audits, as needed

• Gather and analyze information in response to IDRs, draft clear and comprehensive written responses, develop and assess audit strategy with senior tax manager

Consistent and Accurate Transfer Pricing

• Review TP adjustments quarterly, annually prepared by local finance. Advise on any changes in TP target/calculation, approve adjustment, and ensure entry is posted correctly so that entity is in line with expected earnings targets, including any relevant brandowner recharges.
• Prepare budgeted transfer pricing (“TP”) segmentations, actual TP results versus targets, necessary TP information for 3rd party annual TP report preparers, review annual TP reports.
• Ensure business changes and impact on transfer pricing are timely considered and properly executed including intercompany agreements, recharges amongst legal entities, new TP segments and other supporting documentation and consulting with external advisors as needed.

Develop Talent and Capability

• Provide leadership and continuous coaching in order to ensure high-performance behavior and results of Tax Seniors.
• Build and foster a solid business partnership with NAM Finance and functional leads, Global Tax team members, Shared Service Center, and across all other departments.

To be successful in this role you will have/be:

5+ years of experience with federal and state income tax compliance

Strong tax technical skills including UNICAP and working knowledge of U.S. transfer pricing regulations

Strong experience in cost accounting

Strong tax financial reporting skills and working knowledge of US GAAP including reserves, deferred tax accounting, valuation allowances, etc.

Working knowledge of SAP with the ability to retrieve account balances and journal entries

Inquisitive and curious about the business and drive for results

Highly disciplined and comfortable in a fast-paced environment

Effective verbal and written communication skills

Effective collaboration skills to work successfully in a team environment

BS in Accounting

CPA or MST preferred

The following experiences are preferred:

Big 4 accounting firm experience or comparable preferred

Experience with US IRC Sec 263A Uniform Capitalization Rules, and foreign tax credit strongly preferred

Branch accounting experience preferred

Fluency in Spanish an asset

leadership agility

At Bacardi we care deeply about finding brilliant talent who can bring the following personal attributes to help elevate our 3Fs: Fearless, Family, Founder culture to the next level.

• Belonging: You have a strong capacity to create a culture of ‘Belonging’, where people feel appreciated for who they are, what they do, and who they can become
• Self-Awareness: You have high levels of self-awareness, are reflective and know yourself well, understanding both your own strengths and weaknesses and your impact on others
• People Agility: You bring a deep ability to understand and relate to people and navigate through tough situations to harness and multiply collective performance
• Results Agility: You demonstrate consistent delivery of results in first-time situations by inspiring teams, exhibiting a presence that builds confidence in yourself and others.
• Mental Agility: You can think critically to penetrate complex problems and expand the possibilities by making fresh connections. You think strategically whilst being execution focused and bring creativity to the challenges you’re presented with
• Change Agility: You have a deep natural curiosity, desire to experiment and ability to effectively deal with the heat of change. You have a growth and learning mindset: ready to test, stumble, learn and apply from experience

Disclaimer: Bacardi seeks talent from all backgrounds to bring diversity of thought, agility and capability to our organization across the globe. We promote a working environment where all employees are treated and rewarded fairly. We do not tolerate any form of discrimination that adversely affects individuals or groups on the basis of national origin, race, color, religion, sex, gender, sexual orientation, marital status, disability, age, and any other legally protected aspect of a person's identity.

At Bacardi, we are committed to providing our Primos (employees) with a comprehensive Total Rewards package of compensation, benefits, incentives, allowances, well-being, and much more to meet the needs of themselves and their families. It goes beyond just Cash! The total rewards program is based on pay for performance, whereby the incentive programs are linked to company and individual performance.

Compensation, Paid Time Off & Retirement

• Competitive Pay Package
• Competitive Holiday/Paid Time Off, plus additional days offered ( i.e, volunteer day, allowing you to give back to the community)
• Retirement/Pension Plan
• Medical, Critical Illness, and Life Insurance
• Employee Assistance Programs
• Best-in-class, family-friendly, and inclusive leave policies

Additional Benefits

• Flexible work arrangements (depending on role/office/site location)
• Access to E-learning Platforms and Career Development programs
• Travel Discounts ( i.e., hotel and car rental)
• And much more!

The benefits /perks may vary depending on the nature of your employment with Bacardi, your work location, and are subject to change.

Some benefits may be subject to an employee contribution.

Some benefits may be fully or partially subsidized. Incentive plans are linked to the nature of your employment and can vary based on region, market, function or brand.

Be a Part of Our Culture

BE Fearless

We empower our teams to question, challenge and innovate.

This means adopting an agile mindset, being comfortable with trying new things and taking risks, without being reckless.

BEHAVE LIKE Family

We treat each other, and our communities, like family. Always.

We are all ‘Primos’ (Spanish for cousins) at Bacardi. Being part of the family gives you the support you need to be the best you can be.

The spirit of entrepreneurship is at the heart of everything we do.

Everyone at Bacardi sees this business as their own. We do the right thing for the business and take accountability for our work.

Life Inside Bacardi

Be Fearless, act like a Founder.

Follow our Primos on their journey to success. Where did they start and what’s it like to work for Bacardi? You too can be part of our story.

Bacardi is the world's largest privately-held international spirits company. We are a brand-led growth company with over 200 brands and labels. More than 8,000 people across the globe work toward a common purpose to Make Moments Matter. At Bacardi we are guided by our 3Fs culture of being Fearless, treating each other like Family, and having a Founders mentality. And have plenty of fun along the way!

You will hear us refer to each other as a “Primo” which means cousin in Spanish, and it´s our way to referring to employees. It´s also a reminder that we are a family‑owned business with Latin heritage since 1862.

Primos are empowered to embrace diversity of thought and a global mindset to grow the Bacardi business and be future fit.

Leadership at Bacardi listen to Primos through pulse surveys, town halls, action team forums and development training sessions.

We get to enjoy social events, brand days, celebrate in trade with customers and have the opportunity to give back to the community through local initiatives like My Inspirit Day. We stand by doing the right thing and foster a culture of wellness and prioritizing Primo wellbeing through impactful resources and initiatives.

If this sounds like a culture you wish to join, check our current opportunities.

How can I stay on top of the latest Bacardi news?

Our Global headquarters is based in Bermuda. Our Regional headquarters are Amsterdam for Europe & Latin America & the Caribbean; Dubai for Asia, Middle East & Africa and Coral Gables for North America. For Global Marketing, our teams are based in London, UK. In addition, we have offices, distilleries, production sites and brand homes around the world.

What careers are possible at Bacardi?

Our portfolio boasts more than 200 brands and labels and we sell in more than 160 markets. That global scale offers opportunities across functions and markets. From those who craft and produce our brands to those who market and sell them to everything in between.We also have opportunities across levels of experience from those who are starting your professional career (and are of local legal drinking age) to those who have decades of experience under their belt.

Does Bacardi run an Internship or Graduate program?

From time to time, we contract talent for specific functions and markets on a paid internship basis. We do not run a recurring global internship and rather allow markets and team to determine local needs and opportunities.

Does Bacardi offer training and development opportunities to grow your career?

We are there for the moments that matter in our Primos’ careers - the times they need to step outside of their comfort zone and grow. Whether that’s when they step through our doors as a new Primo, take on a new role, want to learn new skills and develop, or take that opportunity of a lifetime abroad to gain experiences across different cultures, functions, and markets.

We have world‑class resources to support you every step of the way. From our Becoming Bacardi onboarding to global mentorship programs, mixology sessions to regular lunch and learns and coaching and development programs, there are many ways to expand your skills and opportunities. Learning never ends and that’s why we even continue development at the most senior levels with global programs at Harvard Business School and the University of Miami, among others.

Do I need to drink alcohol to work at Bacardi?

The simple answer is no candidates do not need to drink alcohol to be considered for a role. The Bacardi portfolio of products includes alcohol, low alcohol and no alcohol products. Bacardi promotes balanced, moderate drinking as part of a mindful lifestyle. The decision whether or not to drink alcohol is a personal one and we respect lifestyle choices.

What we value most is high performing talent with an ability to understand how to engage with our brand consumers and business partners.

We do, of course, only hire people who are of legal drinking age in their market.

What language should I submit my application in?

English is the official and primary language at Bacardi. Our Hiring Teams are located worldwide. Please submit your resume and other materials in English. Only consider using a local language for your application if the job positing specifies this request.

What are the stages of an interview process?

The first step is submitting your application which will be reviewed by our Hiring Team. Should your experience meet the qualifications and expectations of the open role, you will begin the interview process. Generally speaking, you can expect a few stages of conversations. The timing of the interview process will vary and our focus will be on ensuring that the key stakeholders get to know you and that you get to know we. You will be expected to do a face‑to‑face interview in person or over video call in some cases, at least once, during the hiring process.

Sometimes we do ask candidates for customer facing roles or more junior candidates to complete an automated online video interview. You will self‑record answers to our automated questions and this will be reviewed by the Hiring Team.

For Management and Leadership roles we may request an additional assessment that takes a deeper dive into your potential leadership style.

If your hiring journey is successful, we’ll make it official with a job offer letter and be ready to welcome you to the team.

How long does the interview process take?

The process will vary and usually depend on different factors such as the volume of applications received, seniority level of the role and stakeholder availability within the hiring team. Our recruiters are in house and will be in touch as soon as possible to inform you of next steps on not earlier then the they are refill post room …

Can I receive additional support or reasonable adjustments during the interview process?

We want everyone to enjoy your Bacardi interview experience etc ….