Tax Manager, US Tax Provision & Compliance

Job Description

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:

The Tax Manager role will report directly to the Sr. Manager - Federal Tax Compliance and will be an integral part in supporting the US 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.

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

Essential Duties and Responsibilities

• Prepare and review quarterly and annual 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 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 firm.
• Prepare return to provision analysis, tax basis balance sheet validation and communicate results to Tax Accounting and Leadership.
• Collaborate with 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 Tax Planning team with due diligence requests on acquisitions and divestitures.
• Manage return to provision analysis, tax basis balance sheet validation and communicate results to Tax Accounting teams.
• 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; MS in Taxation and/or CPA are a plus.
• 5+ 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, Income Tax and Dataflow is a plus.
• Self-motivated, ability 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 is a plus.