Income Tax Manager Full Time NEW

Candidates must be authorized to work in the United States without the need for current or future visa sponsorship

Relocation assistance is provided for candidates outside of Chesapeake VA

Job Description

INCOME TAX MANAGER

Summary of Position – The principal purpose of Income Tax Manager is to prepare income tax compliance, research income tax issues to minimize tax leakage, efficiently manage income tax audits and reduce risk associated with the company’s income tax positions. The Income Tax Manager will have a significant impact on our calculation and recording of income taxes for financial statement purposes.

Principal Duties and Responsibilities

• Manage income tax compliance including returns, quarterly estimated payments, annual extension payments and monthly account reconciliations.
• Manage property tax compliance, including coordination with external advisors, returns, timely payments and assessment appeals, and monthly account reconciliations.
• Manage quarterly income tax provision process.
• Draft 10-K and 10-Q tax footnotes and disclosure.
• Manage tax depreciation calculations and analytics.
• Monitor effective tax rate and impacts on a quarterly basis for financial reporting, including preparing supporting documents for use with external auditors to support income tax provision
• Must be a self-starter, willing to rapidly take responsibility for projects and assigned duties. Able to recognize issues and opportunities. Process improvements and planning opportunities should also be recognized, brought to management’s attention, then develop plans to execute
• Manage income tax audits from beginning to end. Must be able to clearly explain facts to auditors. Must be able to use creativity to develop new ways to make case when the initial approach does not work. Must be innovative in addressing problems
• Maintain internal controls as required under Sarbanes Oxley
• Initiate the preparation of the income tax provision, income tax payments & income tax returns.
• Must have a strong understanding of tax law along with tax provision and compliance software.
• Stay abreast of current tax law changes and increase tax knowledge through continuing education and training

Minimum Requirements/Qualifications

• BA or BS degree is required
• 5-7 yrs Income Tax experience or equivalent public accounting experience
• Strong analytical skills
• Strong PC skills including MS Office
• Good interpersonal and communication skills – both written & verbal to clearly answer questions from auditors, tax department members and other company personnel
• Good problem-solving skills

Desired Qualifications

• CPA or active candidate desired
• Experience in preparing Federal and state corporate tax returns
• Experience with tax compliance and tax provision software desired
• Experience with income and franchise tax audits