Tax Manager, U.S. at Magna International, Inc. in Troy, Michigan

Job Description:

What we offer:



At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.




Group Summary:



Magna is more than one of the world's largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.



Job Responsibilities:





About the Role: This position will manage U.S. Federal and State income tax compliance and tax provision processes of the Magna group and lead or assist in tax planning initiatives as they arise.





Your Responsibilities:

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  Manage discrete aspects the U.S. Federal and State income tax returns, ensuring timely and accurate preparation for quarterly estimated payments
  


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  Manage aspects of the annual and quarterly income tax provision processes of the U.S. Group, identifying and implementing opportunities to reduce the effective tax rate, and validate and ensure the accuracy of tax account balances and compliance with SOX404
  


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  Assist and/or lead U.S. Federal tax planning projects
  


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  Regularly seek to identify, drive and implement process improvements within the Tax Department
  


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  Research, analyze and document tax issues as they arise and ensure that all working papers are audit-ready
  


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  Coordinate and collaborate with other Tax Department Managers to utilize available resources in the most efficient and effective manner
  


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  Assist in responding to and resolving inquiries by Federal, State and Local Taxing authorities, including tax audits
  


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  Clearly communicate issues, opportunities and solutions to Senior Management and other team members
  


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  Learn the business and the corporate organization chart, and identify and engage key constituencies throughout the organization to build effective working relationships and further Tax Department objectives
  


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  Handle other assignments, as required
  

Who we are looking for:

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  Bachelor's Degree in Accounting required
  


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  8 years of Corporate Tax compliance experience with managerial experience is required.
  


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  Solid knowledge of Federal Domestic and State tax laws and ability to perform research and document facts, issues, and conclusions
  


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  Demonstrated experience in and understanding of tax return processes and possession of strong financial accounting skills
  


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  Carry out supervisory responsibilities in accordance with the organization's policies and applicable laws
  


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  Follow the principals of the Magna Employee's Charter and promotes the Open Door Policy
  


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  Develop, manage, motivate Junior Team members
  


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  Responsibilities include: interviewing, hiring, training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing and resolving problems
  


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  Experience managing and developing a team of tax professionals
  


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  Experience with OneSource, OneStream, Microsoft, Excel, PowerPoint, PowerBI, Alteryx, and newer data and visualization applications
  

Skills/Knowledge:

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  Federal and multistate corporate taxation, including large consolidations, and tax accounting methods. Familiarity and experience with international tax a plus (Subpart F, E&P, foreign tax credit, dual consolidated loss, and Forms 5471, 5472, 8858, and 8865)
  


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  ASC740, FIN 48, APB 23 and US GAAP accounting
  


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  Excellent verbal, written, and interpersonal skills
  


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  Ability to juggle multiple projects/assignments and meet deadlines with available resources
  


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  Strong project management skills, especially ability to drive through to completion
  

Your Preferred Qualifications:

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  Advanced Tax-related degree and/or CPA
  


• Outbound (Foreign) tax experience


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  A mix of industry and public accounting experience
  


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  Indirect tax (Sales & Use, VAT) is helpful
  

What We Offer: At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.





Site Benefits:

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  Comprehensive Medical, dental, and vision plans
  


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  401 (k) plan with employer matching
  


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  Profit sharing program.
  


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  Exciting internal development opportunities
  


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  Cafe
  


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  Parking for motorcycles and electric vehicles
  

At Magna, we believe a diverse workforce is critical to our success. That's why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.







Awareness, Unity, Empowerment:



At Magna, we believe that a diverse workforce is critical to our success. That's why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.




Worker Type:



Regular / Permanent




Group:



Magna Corporate Apply Now