Magna International
Tax Manager, International
Magna International, Troy, Michigan, United States, 48083
Job Number:
69157Group:
Magna CorporateDivision:
Magna Services of America (Troy Office)Job Type:
Permanent/RegularLocation:
TROYWork Style:
Hybrid
About us
We see a future where everyone can live and move without limitations. That's why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people.
Forward. For all.
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.
About the Role
The Tax Manager, International will manage all tax aspects of the international operations of the Magna US group of companies, including compliance, tax provision, and tax planning initiatives
Your Responsibilities
Ensure accurate and timely preparation of all International forms (including Forms 5471, 5472, 8858, 8865, and 1042)Manage aspects of the annual and quarterly income tax provision processes related to the inbound and outbound investments, activities, and operations of the Magna US group.Assist and/or lead planning initiatives with cross border implications, to include project planning and resourcing, issues identification and resolution, modeling, development of options and risk assessments, preparing and presenting a business case to pursue transactions, driving implementation and ensuring post-implementation actions necessary to meet project objectives.Regularly seek to identify, drive, and implement process improvements within the Tax DepartmentResearch, analyze, and document tax issues as they arise and ensure all working papers are audit-readyCoordinate and collaborate with other Tax Department personnel throughout the organization to achieve objectives and utilize available resources to optimize efficiencies and effectivenessAssist in responding to and resolving inquiries relating to international tax matters by federal taxing authorities, including tax auditsClearly communicate issues, opportunities and solutions to senior management and other team membersLearn the business and the corporate organizational chart, and identify and proactively engage key constituencies throughout the organization to build effective working relationships and further Tax Department objectivesCarry out supervisory responsibilities in accordance with the organization's policies and applicable lawsFollow the principals of the Magna Employee's Charter and promotes the 'Open Door' policyDevelop, manage, mentor, and motivate junior team membersInterview, hire, and train employees; Plan, assign, and direct work; Appraise performance; reward and counsel employees; Identify, address, and resolve problemsWho we are looking for
Bachelor's Degree and/or Master's Degree in Accounting10 years of corporate income tax experience with a significant concentration in international taxation.Solid knowledge of international tax rules and ability to perform research and clearly and cogently document facts, issues, and conclusionsDemonstrated experience in and understanding of tax return processes and possession of strong financial accounting skillsWorking and technical knowledge of US international tax rules a must - relevant experience includes; E&P Calculations, Subpart F, Foreign tax credit, including income sourcing and expense apportionment, BEAT, FDII, GILTI, and interest limitation regimes, Cross-border financing, Repatriation planning, Dual consolidated loss (DCL)ASC740, FIN 48, APB 23, and US GAAP accountingExperience managing and developing a team of tax professionalsYour preferred qualifications
Advanced tax-related degree and/or CPAExperience in both industry and public accountingExperience with OneSource, HFM, Microsoft Suite, including PowerBI, and other leading-edge application software highly desired.Transfer pricing experience is helpfulExcellent verbal, written, and interpersonal skillsAbility to juggle multiple projects/assignments and meet deadlines with available resourcesStrong project management skills, especially ability to drive through to completionWhat 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
Comprehensive Medical, dental, and vision plans401 (k) plan with employer matchingProfit sharing program.Exciting internal development opportunitiesCafeParking for motorcycles and electric vehicles
Awareness. Unity. Empowerment.
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.
69157Group:
Magna CorporateDivision:
Magna Services of America (Troy Office)Job Type:
Permanent/RegularLocation:
TROYWork Style:
Hybrid
About us
We see a future where everyone can live and move without limitations. That's why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people.
Forward. For all.
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.
About the Role
The Tax Manager, International will manage all tax aspects of the international operations of the Magna US group of companies, including compliance, tax provision, and tax planning initiatives
Your Responsibilities
Ensure accurate and timely preparation of all International forms (including Forms 5471, 5472, 8858, 8865, and 1042)Manage aspects of the annual and quarterly income tax provision processes related to the inbound and outbound investments, activities, and operations of the Magna US group.Assist and/or lead planning initiatives with cross border implications, to include project planning and resourcing, issues identification and resolution, modeling, development of options and risk assessments, preparing and presenting a business case to pursue transactions, driving implementation and ensuring post-implementation actions necessary to meet project objectives.Regularly seek to identify, drive, and implement process improvements within the Tax DepartmentResearch, analyze, and document tax issues as they arise and ensure all working papers are audit-readyCoordinate and collaborate with other Tax Department personnel throughout the organization to achieve objectives and utilize available resources to optimize efficiencies and effectivenessAssist in responding to and resolving inquiries relating to international tax matters by federal taxing authorities, including tax auditsClearly communicate issues, opportunities and solutions to senior management and other team membersLearn the business and the corporate organizational chart, and identify and proactively engage key constituencies throughout the organization to build effective working relationships and further Tax Department objectivesCarry out supervisory responsibilities in accordance with the organization's policies and applicable lawsFollow the principals of the Magna Employee's Charter and promotes the 'Open Door' policyDevelop, manage, mentor, and motivate junior team membersInterview, hire, and train employees; Plan, assign, and direct work; Appraise performance; reward and counsel employees; Identify, address, and resolve problemsWho we are looking for
Bachelor's Degree and/or Master's Degree in Accounting10 years of corporate income tax experience with a significant concentration in international taxation.Solid knowledge of international tax rules and ability to perform research and clearly and cogently document facts, issues, and conclusionsDemonstrated experience in and understanding of tax return processes and possession of strong financial accounting skillsWorking and technical knowledge of US international tax rules a must - relevant experience includes; E&P Calculations, Subpart F, Foreign tax credit, including income sourcing and expense apportionment, BEAT, FDII, GILTI, and interest limitation regimes, Cross-border financing, Repatriation planning, Dual consolidated loss (DCL)ASC740, FIN 48, APB 23, and US GAAP accountingExperience managing and developing a team of tax professionalsYour preferred qualifications
Advanced tax-related degree and/or CPAExperience in both industry and public accountingExperience with OneSource, HFM, Microsoft Suite, including PowerBI, and other leading-edge application software highly desired.Transfer pricing experience is helpfulExcellent verbal, written, and interpersonal skillsAbility to juggle multiple projects/assignments and meet deadlines with available resourcesStrong project management skills, especially ability to drive through to completionWhat 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
Comprehensive Medical, dental, and vision plans401 (k) plan with employer matchingProfit sharing program.Exciting internal development opportunitiesCafeParking for motorcycles and electric vehicles
Awareness. Unity. Empowerment.
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.