What are the responsibilities and job description for the Tax Manager position at Acuity Capital Group?
Position Overview
We are seeking an experienced Tax Manager to join our team. The Tax Manager will be responsible for overseeing tax planning, preparation, and compliance for our entities. This role requires a deep understanding of tax laws and regulations, as well as the ability to provide strategic business planning advice.
Key Responsibilities
Tax Return Preparation:
- Preparation of state & federal tax returns for Portfolio Companies, Passive Investments, Real Estate Entities, and other relevant entities.
- Preparation of quarterly estimate/extension calculations, including coordination of payments.
- Perform quarterly fixed asset tax reconciliations - utilization software, reviewing new assets for proper tax classification and recovery periods, and computing annual book/tax fixed asset adjustments.
- Maintain a process where all tax returns are reviewed and signed by external tax providers to ensure accuracy and compliance.
Tax Planning & Strategy:
- Develop and execute tax strategies across the group
- Provide tax advice and recommendations to portfolio companies to optimize tax outcomes and ensure compliance.
- Continuously assess ACG’s structure to ensure it maintains the most efficient tax approach, adjusting strategies as needed to maximize savings and efficiency.
- Collaborate with internal stakeholders to align tax strategies with overall business goals
Tax Software Implementation:
- Select and implement a tax software solution to streamline tax processes and enhance in-house capabilities.
- Ensure that the software supports the efficient handling of returns and integrates seamlessly with financial reporting systems.
Compliance & Reporting:
- Ensure compliance with all tax-related filings and deadlines for ACG and its related entities.
- Monitor changing tax regulations and advise on necessary adjustments to ensure continued compliance.
- Maintain a Tax Value Chart detailing annual tax savings, allowing the business to measure the impact of its tax strategies over time.
Collaboration with Port Co’s & External Providers:
- Collate information from Portfolio Companies and work closely with them to gather accurate and complete data.
- Work with external tax advisors & leverage external expertise to maintain a collaborative approach, particularly for complex filings or strategic advice.
Acquisition Support
- Conduct incentive and credits analysis for acquisitions to identify potential tax savings opportunities.
- Assist with tax-related matters on platform or add-on acquisitions and passive investments, ensuring all tax implications are considered during the acquisition process.
- Support the due diligence process by analyzing tax risks and opportunities related to acquisitions and investments.
Education and Experience:
- Bachelor’s degree in accounting or finance required
- CPA Certification
- Minimum 5 years in public accounting, corporate tax department, or other equivalent experience
- Must have extensive knowledge of US and state tax laws and regulations.
- Proven experience in tax research, tax planning, and tax preparation.
- Excellent stakeholder interaction and communication skills.
- Ability to manage multiple projects and deadlines effectively.