Magna International, Inc logo

Tax Manager, International

Magna International, Inc

  • Troy, Michigan
  • 7 days ago

    Highlights

    Ensure accurate and timely preparation of international tax filings using OneSource , including: Forms 5471, 5472, 8858, 8865, 8990-8993, 1042, and 1120F. Research tax implications of return filing positions and prepare file documentation with the applicable facts, analysis, and citations to relevant authority to defend such positions on exam.

    Numbers & Facts

    LocationTroy, Michigan
    IndustryAutomotive and Parts Mfg
    Company Size10,000 employees or more
    Year Founded1957
    Websitehttp://www.magna.com/

    Description

    Job descriptions may display in multiple languages based on your language selection.

    What we offer:

    At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.

    Group Summary:

    Magna is more than one of the world's largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.

    Job Responsibilities:

    What we offer:

    At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.



    Group Summary:

    Magna is more than one of the world's largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.

    Job Responsibilities:

    Strategic Tax Planning & Transactions

    • Manage international tax planning initiatives with both US and cross-border implications.
    • Research tax implications of return filing positions and prepare file documentation with the applicable facts, analysis, and citations to relevant authority to defend such positions on exam.
    • Support US Tax Team involvement in external M&A and internal restructurings including: sale/purchase agreements and supporting post-closing integration.
    • Support project planning, financial modeling, risk assessment, and implementation.

    Compliance & Reporting

    • Ensure accurate and timely preparation of international tax filings using OneSource, including:
    • Forms 5471, 5472, 8858, 8865, 8990-8993, 1042, and 1120F.
    • Assist with U.S. federal and state income tax compliance, including review of supporting schedules and book-to-tax adjustments.
    • Manage quarterly and annual international income tax provision, forecasting, and budgeting for inbound and outbound operations.
    • Assist with the quarterly and annual U.S. tax provision process, including review of account reconciliations, deferred tax schedules, and return-to-provision adjustments.
    • Utilize OneStream for financial data analysis and reporting.

    Research & Documentation

    • Conduct in-depth research and analysis of international & federal tax issues.
    • Prepare technical memos and maintain audit-ready documentation.
    • Monitor the Tax Press regularly and identify, distill, analyze, and disseminate with the Tax Group developments with actual or potential significance to the organization.
    • Support responses to federal tax authority inquiries and audits.
    • Lead and manage projects and relationships with outside Tax and Legal Advisors.
    • Handle special projects and other duties as assigned.

    Leadership & Collaboration

    • Mentor and develop Tax Team members; foster a culture of continuous learning and excellence.
    • Collaborate with global Tax, Legal, Treasury, and Finance teams to align strategies and share best practices.

    Process Improvement

    • Identify and implement process enhancements, including AI and emerging technologies.

    Qualifications:

    • Bachelor's degree in Accounting, Finance, or related field; CPA, Master's in Tax or JD preferred.
    • 5-10 years of international tax experience, or a combination of international and federal tax experience, ideally in a corporate or Big Four environment.
    • Good knowledge of U.S. international tax laws and regulations including OBBB.
    • Proficiency in O

    About Company

    We are a leading global automotive supplier with 347 manufacturing facilities and 94 product development, engineering and sales centres in 27 countries. We have over 159,000 employees focused on delivering superior value to our customers through innovative processes and World Class Manufacturing.

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