Income Tax Accounting Manager

Quaker Houghton

Conshohocken, PA

JOB DETAILS
SKILLS
Accounting, Analysis Skills, Auditing, Communication Skills, Corporate Tax, Documentation, Domestic Tax, Due Diligence, Earnings and Profit, External Audit, Federal Tax, File Audits, Finance, Financial Disclosure, Financial Statements, Global Financial Markets, Income Tax, International Business, International Tax, Local Tax, Maintain Compliance, Management Reporting, Monitor Regulations, Process Improvement, Profit & Loss Analysis, Regulations, Regulatory Compliance, Sarbanes-Oxley Act (SOX), State Tax, Tax Accounting, Tax Operations, Tax Planning, Tax Regulations, Tax Reporting, Tax Returns, Technical Accounting, Technical Research, Training/Teaching, Treasury, United States Treasury
LOCATION
Conshohocken, PA
POSTED
5 days ago
The Tax Manager will be a key contributor to the corporate tax organization of Quaker Houghton and will be responsible for supporting the team with the accounting of income taxes for both the consolidated group as well as individual global business units, ensuring full compliance with Sarbanes-Oxley (SOX) requirements, ASC 740, and external auditor expectations. This person will collaborate with our global finance team (corporate controllers and regional finance directors) to ensure that each of the subsidiaries are properly accounting for income tax matters and reporting their tax accounts to our corporate tax team. This position will also support and collaborate with other members of the tax team, primarily in the areas of income tax accounting, tax compliance, SOX controls and ongoing audit/advocacy management, but also research and planning. This position will report directly to the Director, Tax Operations, and will be based in our corporate headquarters in Conshohocken, PA.

The Tax Manager will also have the opportunity to assist in special projects and the Company’s U.S. federal, state/local and international tax planning, including but not limited to the following:
• process improvement initiatives
• entity integration/rationalization
• credit utilization planning
• acquisition, divestiture, and joint venture planning
• deductibility of expenses
• planning with respect to new legislation
• consolidations
• 10K/10Q reporting
• management reporting
 

Responsibilities:

The responsibilities of the Tax Manager include, but are not limited to:

  • Manage the submission and review process for quarterly and annual US and Foreign tax packages.

  • Assist the team to ensure that the current and deferred tax account balances of our global subsidiaries are accurately stated and properly classified through quarterly and annual review and validation of their income tax reporting and resolution of income tax accounting issues, as well as coordinated training if/where needed.

  • Assist the team in managing SOX internal controls compliance and reporting in the area of income tax accounting, and with the development of audit ready files to support the audit of the Company’s tax provision; and provide assistance and coordination with IRS/state/foreign tax audit matters, as needed.

  • Assist with the preparation of tax footnotes including supporting schedules, as well as other financial statement disclosures.

  • Assist in the preparation of consolidated return and other tax filings for federal, state and U.S. international income tax compliance as well as the compliance requirements for other business units as necessary.

  • Review/assist in the measurement of and accounting for uncertain tax positions.

  • Review/assist in determining the Company’s APB23 assertion.

  • Analyze and document the need for valuation allowances for global subsidiaries including sensitivity analysis and other analytics to assess the realizability of deferred tax assets and the ability to communicate and explain these positions to management and auditors.

  • Analyze global tax attributes while actively participating in special projects such as section 382 studies, analysis of earnings and profits, stock basis calculations, and the research of technical accounting issues.

  • Research and monitor tax law changes throughout the world and the related financial statement implications including U.S. Tax Reform and related regulations issued by the U.S. Treasury and the state taxing authorities. As needed, prepare technical memoranda documenting analysis and conclusions.

  • Coordinate, supervise or review the activity of outside service providers relating to income tax provision and/or income tax compliance matters.

  • Collaborate with finance, treasury, and other functional teams, e.g., to align data flow requirements that effectively meet global reporting and compliance requirements.

  • Support special projects including due diligence for acquisitions and purchase accounting, and provide information and support for tax planning, as needed.

About the Company

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Quaker Houghton