What are the responsibilities and job description for the Senior Tax Manager position at Freudenberg North America Limited Partnership?
Working at Freudenberg: We will wow your world!
Responsibilities:
- Support the VP of Tax and Tax function on cross-border special tax projects and work cross-functionally with Legal, Treasury, Accounting and HR to provide a wholistic recommendation. The support will include research, preparation of PowerPoint presentations, and preparing written and verbal recommendations to Freudenberg's Business Groups.
- Support on the VP of Tax and Tax function on Tax due diligence for external M&A transactions, including analyzing US international and domestic tax considerations, modeling the tax impacts of a Target as acquired and integrated into Freudenberg’s structure, review sale / purchase agreement, and communicating with the Business Groups recommendations from the Tax function.
- Analyze and summarize the US domestic and/or international tax implications of cross-border transactions related to the US, Mexico, Canada, and Costa Rica including dividends, interest, royalties, and cross-border business transfers.
- Support the VP of Tax and the Tax function with Tax Credits & Incentive initiatives with the Business Groups including US green energy tax credits from the 2023 Inflation Reduction Act.
- Monitor and analyze newly enacted US tax legislation, regulations, and provide recommendations to optimize Freudenberg’s US tax position.
- Identify, analyze and recommend process improvement opportunities and contribute to develop deliverable solutions.
- Support the Tax function on certain aspects of US Federal tax compliance, including preparing and maintaining an annual transaction tracker related to all internal restructuring transactions and external M&A acquisitions. The transaction tracker will be used to support US tax compliance statements and elections required to be filed with the US Federal tax returns to support such transactions.
- Support the Tax function with the annual IFRS tax provision including but not limited to Deferred Tax sheets, modeling, and year-end audit memorandums.
- Support the Tax function with the review of US Federal and International tax compliance forms related to Corporate and Partnership tax compliance.
- Support the Tax function with US Federal (IRS) tax audits as needed.
- Support the VP of Tax and the Tax function on various ad hoc projects. Project Management is critical aspect to this role.
- Support the VP of Tax with the preparation of North American Executive meetings, including research of newly issues tax law and regulations.
Qualifications:
- Bachelor’s Degree in accounting or finance is required, Master's Degree in Accounting or Taxation is preferred
- 10 years’ experience of Big 4 firm (or similar) or experience in-house with a multi-national company with a focus in either domestic or international tax planning space.
- CPA is strongly preferred
- Experience with Hyperion Financial Management (HFM) favorable
- Tax research experience using BNA/RIA or similar services
- Excellent communication (both written and oral) and interpersonal skills
- Strong project management skills
- Experience teaming with various business functional areas on projects.
- Experience with Microsoft office (Excel, Word, PowerPoint and Outlook).
- Travel requirement is estimated at 10%
The Freudenberg Group is an equal opportunity employer that is committed to diversity and inclusion. Employment opportunities are available to all applicants and associates without regard to race, color, religion, creed, gender (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, mental or physical disability, genetic information, marital status, familial status, sexual orientation, protected military or veteran status, or any other characteristic protected by applicable law.
Freudenberg North America Limited Partnership