Tax Director or Sr. Manager POST NUMBER: 426023
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Tax Reporting and Accounting:
- Manage with external partners the quarter-end and year-end tax accounting and reporting process in compliance with ASC 740. Review tax provision work papers, analyze data related to book/tax differences, complete account analysis and reconciliations, roll-forward schedules, journal entries, and other schedules.
- Ensure DTA schedules are complete and accurate.
- Execute processes in line with the required quarterly and annual SOX controls; interface with internal and external auditors as requested.
- Conduct regular reviews and analyses of tax accounts and transactions.
- Prepare/review work papers for preparation of U.S. federal and state income tax and franchise tax returns by external tax accounting firms. Review prepared returns and coordinate filing with the CFO.
- File annual Delaware franchise tax returns and manage quarterly payments.
- Monitor changes in U.S. accounting standards and U.S. and foreign tax laws to ensure income tax impact is properly considered.
Sales & Use Tax Reporting Compliance:
- Oversee U.S. multi-state sales and use tax compliance process to ensure tax is accurately collected or accrued and tax return filing/payment deadlines are me.
- Understand product taxability, tax resale/ exemption certificate, and license rules by jurisdiction and provide tax guidance and training to internal stakeholders including operations and accounting teams. Partner with 3rd party delivery partner (Avalara) and update rules in the tax engine to ensure tax is accurately collected.
- Reconcile or review the reconciliation of transactions between Avalara and GL for sales and sales tax. Ensure adjustments are recorded if needed.
- Ensure annual state and local filings are made by the partner, CT corporation, complete or ensure completion of annual filings where the Company is required to submit
- Provide guidance and support to internal stakeholders on indirect tax matters.
- Manage sales & use tax-related inquiries and audits from tax jurisdictions.
- Monitor changes in tax legislation and assess the impact on the company.
- Ensure compliance with state and local sales and use tax regulations.
- Ensure the payroll service provider prepares, files, and pays all payroll taxes. Ensure that all state/local jurisdictions are properly set up in the payroll system.
- Coordinate and manage payroll tax audits.
- Ensure compliance with federal, state, and local payroll tax regulations.
- Monitor and implement changes in payroll tax laws and regulations.
- Review of informational tax reporting (1099, 1042, W2, 3921, 3922) to ensure accuracy, completeness, and timely filing.
- Review property tax returns and ensure accurate and timely filing. Prepare/coordinate CA or other property tax audit schedules as required by governmental agencies.
- Oversee International (indirect) compliance and review monthly/quarterly returns for Germany and other European locales as required.
- Oversee and ensure VAT and other international filings are correct and made promptly; oversee international accounting firm compliance
- Strong computer skills: MS Office, Excel, Word, tax research software, and internet proficiency are required.
- Extensive knowledge of federal, state, local, and international tax laws and U.S. sales and use tax regulations.
- Experience in public manufacturing companies or public accounting preferred
- Strong analytical skills and attention to detail, with the ability to interpret complex data and draw meaningful conclusions.
- Ability to work in a fast-paced environment and manage well through constant changes.
- Flexibility and adaptability – the ability to deal with changing internal and external environments.
- Excellent communication skills, both verbal and written, with the ability to work collaboratively in cross-functional teams including internal and external stakeholders.
- Requires minimal supervision.
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.