Manager, Tax Reporting Job Description
Manager, tax reporting
provides support for quarterly and annual ASC 740 income tax provisions and all GAAP Tax Reporting, including 10Q and 10K tax disclosures required by the SEC.
Manager, Tax Reporting Duties & Responsibilities
To write an effective manager, tax reporting job description, begin by listing detailed duties, responsibilities and expectations. We have included manager, tax reporting job description templates that you can modify and use.
Sample responsibilities for this position include:
Prepare and review year-end and quarterly ASC 740 analysis
Supports the Director, International Tax Reporting in the areas of international tax reporting, research and analysis
Manages and reviews the preparation of all US international tax filings, including forms 5471/8858/8865 in Corptax
Coordinates and reviews international components of the tax provision under ASC740 and FIN 48 as needed
Responsible for the calculation of the US foreign tax credit and related foreign source income, E&P and tax pools, Subpart F income and tax basis of foreign subsidiaries
Responsible for documentation, analysis and proper reporting of tax issues surrounding foreign currency matters
Responsible for the identification, research, analysis and documentation of global tax issues as required for proper tax and financial statement reporting
Participates in tax planning for international matters including modeling structuring alternatives, reviewing transfer pricing scenarios, acquisitions, mergers, and repatriation of foreign earnings
Assists with the coordination and resolution of international audit issues raised by US and foreign tax authorities
Supports regional tax directors when necessary and provides guidance on both US Tax and US GAAP treatment of local income tax matters and non-income tax matters where required
Manager, Tax Reporting Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Manager, Tax Reporting
List any licenses or certifications required by the position: CPA, JD, EA, WHT
Education for Manager, Tax Reporting
Typically a job would require a certain level of education.
Employers hiring for the manager, tax reporting job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Law, Business, Graduate, Taxation, Education, Management, Economics, Communication
Skills for Manager, Tax Reporting
Desired skills for manager, tax reporting include:
ASC 740
Tax reporting requirements and potential penalties
Excel
Hyperion Financial Management
Income Taxes
Microsoft Excel
OneSource
SAP
Similar system
Tax principles
Desired experience for manager, tax reporting includes:
Experience with forecasting and modeling tax calculations
Corptax skills a plus
CPA/MS Taxation preferred
Day to day and year end activities (50%)
Specification review, signoff and implementation of projects (20%)
Oversight and management of staff (10%)
Manager, Tax Reporting Examples
1
Manager, Tax Reporting Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of manager, tax reporting. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for manager, tax reporting
- Liaising with all Legal Entity Controllers in the Asia region to ensure the group is meeting all compliance responsibilities within each relevant jurisdiction
- Advising business and Finance on indirect tax issues, including reviewing and advising on the transaction tax consequences (including compliance) of ad hoc transactions
- Performing technical reviews of transaction tax returns for group entities
- Assisting in transaction taxes and accounting focussed prudential reviews measures
- Managing tax audits and all other revenue authority interactions
- Application of internal tax division policies, processes and controls relating to transaction taxes
- The Tax Reporting team manages global group tax compliance and the accuracy and integrity of the Group tax balances
- Assisting the Taxation Division in providing taxation support to all areas and manages the Group's relationship with revenue authorities and tax advisers
- Working closely with Finance and all business operations in the Asia region
- Dealings with external advisors & revenue authorities
Qualifications for manager, tax reporting
- Ability to research tax issues using Internal Revenue Code, regulations
- Strong understanding of FATCA, Chapter 3 withholding, remittance requirements, cost basis reporting
- Bachelors degree in Accounting or related field, CPA or MST a plus
- Experience with Corptax income tax software is a plus
- BS/BA degree in accounting or comparable work experience
- BS/BA in Accounting or Business related field
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Manager, Tax Reporting Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of manager, tax reporting. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for manager, tax reporting
- Understanding local tax reporting requirements for stat reporting, regulatory reporting and tax compliance purposes
- Understanding operational risks and ensuring controls meet internal risk policies
- Change management (communicating changes, training)
- Reviewing of key areas of tax risk
- Liaising with different stakeholders across the organisation including Business Unit Finance, Legal Entity Controllers and Tax Division
- Providing advice and solutions on tax compliance and other tax issues
- Understanding of tax advice and complex structures to ensure that the tax outcomes are captured correctly in the General Ledger
- Internal reporting of tax accounting information to head office
- Review of bi annual reconciliation of income tax expense and deferred tax balances prepared by LECs in the Asia region
- Review of tax returns and payments in the Asia region
Qualifications for manager, tax reporting
- Ability to co-ordinate multiple assignments and successfully manage work plans in an autonomous environment
- Ability to support other Division members when situations arise to ensure the Division's requirements and goals are met
- Qualified Lawyer or CA (or equivalent) with at least 5 - 10 years post qualification experience advising on GST / VAT and other transaction taxes in the Asia Pacific region
- Experience ideally gained within a large commercial law firm or chartered accounting firm in Australia or Asia
- Energy trading / transport taxes experience preferred but not essential
- Accounting software skills
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Manager, Tax Reporting Job Description
Job Description Example
Our company is looking to fill the role of manager, tax reporting. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for manager, tax reporting
- Support the tax advisory function within the Asia region and ensure transactions are properly accounted for in tax returns
- Manage the preparation of state and local income and franchise tax returns, consistent with resource plans and budget, and review the returns, including workpapers, to ensure accurate reporting, disclosure and ready defense
- Review returns, quarterly estimates, extensions and amended tax return filings using core systems
- Ensure the Risk Assessment Matrix appropriately reflects the correct risk profile for each state tax adjustment, jurisdiction, and entity based on current tax law and business activity
- Prepare the reconciliation of the tax provision as recorded to the returns prepared for filing and explain all differences as required by tax policy (book to return)
- Develop and recommend tax plans to reduce the Corporation’s overall tax burden and optimize cash flow
- Ensure the US tax forecasts (cash and ETR) reflect the best available information for key state income tax drivers
- Provide responses to state taxing authorities’ inquiries and other audit assistance as required
- Develop, improve, and document primary state tax reporting processes, including the book-to-return, provision, payable reconciliation, and state return preparation processes
- Align and maintain collaborative relationships with the Shared Service Center and Controller’s Office the Tax Accounting, Tax Consulting, and Tax Defense COEs
Qualifications for manager, tax reporting
- Investment banking knowledge preferred, but not essential
- Ability to work autonomously in a regional office environment
- Excellent communication skills to enable escalation of issues if required
- Able to demonstrate management skills through interactions and relationships with other regional office staff
- Ability to develop internal client relationships with members of Finance, and external relationships with advisors and revenue officers
- Working experience with a multi currency GL
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Manager, Tax Reporting Job Description
Job Description Example
Our innovative and growing company is hiring for a manager, tax reporting. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for manager, tax reporting
- Consolidating the quarterly forecasted effective tax rate (“ETR”)
- Managing the potential changes to the monthly ETR forecast, including both foreign and domestic issues
- Preparing the financial statement disclosures for tax matters, including drafting the tax footnote and MD&A
- Coordinating the quarterly FIN 48 process and the quarterly/annual tax provision review by both external and internal auditors
- Assisting with special projects (e.g., long-range plan, tax accounting research, internal controls, tax accounting initiatives)
- Research, analyze, review and draft positions on highly technical US international tax issues such as technical analysis of subpart F blocked income
- Analyze advice from foreign advisors on foreign tax technical positions
- Assist with design and implementation of international planning projects as needed
- Review and document accounting positions on technical international tax issues, both US and Ex-US
- Identification and delivery of training requirements of colleagues within Group Reporting and Group Tax with respect to both Tax Reporting and Control and Risk Management (CARM)
Qualifications for manager, tax reporting
- Transaction taxes advisory experience in Financial Services in Asia
- Broad financial accounting knowledge
- Demonstrate commercial knowledge
- Qualified CA (or equivalent) with at least 5 years post qualification experience
- Experience ideally gained within large commercial organisation or chartered firm
- Management experience of a small team (3-4 people)
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Manager, Tax Reporting Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of manager, tax reporting. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for manager, tax reporting
- Develop and implement standard procedures worldwide for withholding tax compliance and reporting processes
- Works with Tax Reporting personnel to provide resolution of problems beyond their expertise and on inquiries which require in-depth knowledge or analytical experience – this could also include department training
- Consults with senior management to provide long-term guidance for the department as it relates to service improvements and industry-related planning, including medium- and long-term project work
- Gathers and documents business requirements for various system enhancements, workflow changes and innovations
- Documents change orders with internal/external partners and ensures the requirements are clearly delivered
- Support the wider team at peak periods and act as the operational cover for other staff
- Responsible for tax reporting to clients and to federal and state agencies
- Responsible for monthly and annual statement production, verification, and support
- Works with Information Technology to plan and implement changes to reporting systems and documents
- Works with document vendors to ensure timely and accurate production of daily, monthly, and annual documents to clients
Qualifications for manager, tax reporting
- Indirect management experience of an offshore team and assisting with prioritisation of work so that the team optimises resourcing
- Embed culture of knowledge capitalisation and sharing within the tax team and other FMG functions to work towards ensuring tax requirements are best met
- Good understanding of data flows source systems / product systems / General Ledger
- Strong communication skills and liaising with both internal and external stakeholders to ensure the best outcomes for the Group and escalation of issues on a timely basis
- Strong Tax Accounting experience with IFRS experience preferable
- 6-8 year’s tax experience at US based multinational or major US accounting managing the preparation and /or preparing US federal, state and local corporation and partnership income tax returns