Senior Manager, Tax Forecasting

Senior Manager - Tax Forecasting

Summary:

Our client is a global industrial technology leader creating a safer, sustainable, productive, and connected future. Their broad range of product solutions, proven in the harshest environments, enable advancements in transportation, industrial applications, medical technology, energy, data communications, and the home.

Requirements:

Primary responsibilities involve the preparation and presentation of short and long-term effective tax rate (“ETR”) and cash tax rate forecasts, as well as responsibilities for consolidated calculations and country reports related to the Organization for Economic Co-operation and Development (“OECD”) Pillar 2 Global Minimum Tax. The position requires maintaining a strong partnership with Regional Tax Reporting, Tax Consolidation, Tax Planning, Transfer Pricing, and Corporate FP&A functions. More specifically, responsibilities will include:

• Short and long-term legal entity pretax income forecasts for use in quarterly estimated annual effective tax rate provision calculations, current year guidance calculations, and longer-term ETR and cash tax rate forecasts

• Short and long-term effective tax rate and cash tax rate forecasts, including presentations to tax management and inputs into FP&A annual Strategic Plan forecasts

• Assistance to the Tax Planning team with ad hoc calculations estimating ETR and cash tax rate impacts of planning strategies and M&A transactions

• Work with internal team members and external advisors to prepare consolidated provision calculations and forecasts related to the OECD Global Minimum Tax.

• Preparation of annual OECD Country-by-Country (“CbC”) report

• Calculate and record tax impacts and income tax account reconciliations related to quarterly consolidated restructuring accruals, collaborating with Corporate Accounting and Transfer Pricing team members.

• Responsible for executing, documenting, and revising when needed, all income tax-related financial controls for Sarbanes-Oxley Section 404 purposes for respective responsibilities

• Collaborate with the Global Tax Consolidation team on special projects and Tax Technology team to identify opportunities for continuous process improvement and analytics in connection with the company’s overall TEOA initiative.

• Create and maintain an inclusive and engaged culture in alignment with core values while leading, supporting, and developing team members with thoughtful feedback, coaching, and empathy.

Qualifications:

• Minimum of 10-15 years of experience in corporate income tax reporting and tax forecasting, preferably in a large multinational corporate environment. An understanding of transfer pricing concepts is a plus

• Solid understanding of U.S. GAAP ASC 740 accounting for income taxes, including tax provision and compliance concepts for both U.S. and non-U.S. jurisdictions

• Effective communication and project management skills are required to develop and manage cross-functional project teams with competing interests and objectives.

• Demonstrated analytical skills and a proven background providing analysis and modelling through Excel, Alteryx, and other data management tools.

• CPA and/or Master's Degree in Accounting or Tax preferred.

• Must be a self-starter, creative, collaborative, and have a strong work ethic and a positive attitude.