Tax Manager, US Domestic Income Tax

IFF; New York (NY); Remote; USD 119,000 - 222,000; Full time

Job summary

IFF is seeking a Tax Manager to support the US Domestic income tax provision and compliance function. This critical role involves preparing tax provision packages, collaborating with teams on tax calculations, and managing external advisors. Candidates must have a strong educational background and substantial experience in tax compliance and operations.

Benefits

Medical, dental, and vision insurance

401k

Paid parental leave

Annual bonus plan

Qualifications

• 6+ years of experience in income tax compliance.
• Deep technical experience with domestic tax provisions.
• Experience with international tax compliance is a plus.

Responsibilities

• Prepare quarterly and annual federal income tax provision packages.
• Gather and analyze data for domestic and international tax calculations.
• Collaborate with external audit firms on tax provision computations.

Skills

Analytical skills

Excel

Data analytics

Education

Bachelor’s degree

MS in Taxation

CPA

Tools

OneSource Tax Provision

Alteryx

Power BI

Job description

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Tax Manager, US Domestic Income Tax page is loaded

Tax Manager, US Domestic Income Tax

Apply remote type Remote locations New York, NY, USA Wilmington, DE, USA time type Full time posted on Posted 2 Days Ago job requisition id R8385

Job Summary

At IFF, an industry leader in food, beverage, health, biosciences and sensorial experiences, science and creativity meet to create essential solutions for a better world – from global icons to unexpected innovations and experiences. With the beauty of art and the precision of science, we are an international collective of thinkers who partners with customers to bring scents, tastes, experiences, ingredients, and solutions for products the world craves. Together, we will #DoMoreGood for people and planet. Learn more at iff.com.

Job Summary

Exciting opportunity with IFF. The Federal Tax Manager will be an integral part in supporting the US Domestic income tax provision and compliance function. This role will sit within the Tax Operations group but will also support leaders of Tax Accounting, Transfer Pricing, and Tax Planning. This is an individual contributor role and is responsible for managing processes and external advisors. The role will report directly to the VP of Tax Operations.

This position is currently remote; however, the expectation is that candidates should be located on the East Coast and within a commutable distance to our offices in Wilmington, DE, and/or New York, NY, for internal meetings as needed. Hybrid options are also available.

Essential Duties and Responsibilities

• Prepare and review quarterly and annual federal income tax provision packages, including book-to-tax adjustments, tax account reconciliations, and deferred tax roll forwards as they pertain to US domestic subsidiaries.
• Gather and analyze key data for various domestic and international tax calculations under TCJA (BEAT, FDII, GILTI, 163J) used for both compliance and provision purposes.
• Review consolidated and subsidiary income tax returns, accompanying forms, and schedules prepared by external firms.
• Prepare return to provision analysis, tax basis balance sheet validation, and communicate results to Tax Accounting and Leadership.
• Collaborate with the external audit firm on quarterly reviews and year-end audit requests on US tax provision computations and SOX compliance.
• Prepare quarterly and annual cash tax payment forecasts used by Treasury and FP&A.
• Assist the Tax Planning team with due diligence requests on acquisitions and divestitures.
• Research and resolve various tax notices along including IRS CAP audit requests.
• Assist management with various cash tax minimization projects.

Job Requirements

• Bachelor’s degree required; an MS in Taxation and/or a CPA is a plus.
• 6+ years of increasing exposure to income tax compliance and tax accounting gained in a large public accounting firm and/or publicly traded multinational corporation tax department.
• Hands-on, deep technical experience preparing domestic tax provisions under ASC740, along with preparing consolidated corporation and partnership tax returns.
• Experience in international tax compliance, including understanding Subpart F, GILTI, FDII, BEAT, and E&P calculations, is a plus.
• Ability to understand complex tax issues, resolve them, and communicate the results to tax and non-tax groups, including Controllership, Treasury, FP&A, and Legal.
• Experience working in a complex global manufacturing organization with multiple ERP and financial consolidation systems is a plus.
• Experience with OneSource Tax Provision is a plus.
• Self-motivated, able to work independently and with team members in a fast-paced, deadline-driven environment.
• Strong analytical skills with extensive experience in Excel and other data analytics software, such as Alteryx or Power BI, are a plus.

Compensation ( $140,000 -$155,000) is based on a variety of factors, including but not limited to work experience, skills, certifications, and location. Our benefits package includes medical, dental, vision, 401k, vacation, holidays, paid parental leave (maternity and paternity), and an annual bonus plan.

We are a global leader in taste, scent, and nutrition, offering our customers a broader range of natural solutions and accelerating our growth strategy. At IFF, we believe that your uniqueness unleashes our potential. We value the diverse mosaic of ethnicity, national origin, race, age, sex, or veteran status. We strive for an inclusive workplace that allows each of our colleagues to bring their authentic self to work regardless of their religion, gender identity & expression, sexual orientation, or disability.

Visit IFF.com/careers/workplace-diversity-and-inclusion to learn more.

We are a global leader in taste, scent, and nutrition, offering our customers a broader range of natural solutions and accelerating our growth strategy. At IFF, we believe that your uniqueness unleashes our potential. We value the diverse mosaic of the ethnicity, national origin, race, age, sex, or veteran status. We strive for an inclusive workplace that allows each of our colleagues to bring their authentic self to work regardless of their religion, gender identity & expression, sexual orientation, or disability.

Visit IFF.com/careers/workplace-diversity-and-inclusion to learn more

Salary Ranges:

$119,400.00 - $221,700.00