The Vice President, Tax will lead all tax-related activities, ensuring compliance with federal, state, and international tax laws. This role involves strategic tax planning, tax accounting, and tax compliance to optimize the Company's global tax structure and support its global operations.
This role is pivotal in ensuring the company's tax strategy aligns with its overall business objectives while maintaining compliance with all relevant tax laws and regulations in the jurisdictions, the Company operates.
This position plays a critical strategic role in ensuring that the tax function is run effectively and aligns with Array’s overall business strategy globally in the near and long term by identifying in advance the potential impact associated with changes in tax law and/or business operations (including acquisitions) and developing plans to mitigate or leverage those changes and identifying/implement tax strategies to optimize global ETR.
Key Job Responsibilities:
- Tax Accounting:
- Responsible for quarterly and annual tax provisions under ASC 740, including footnotes, disclosures, permanent/temporary differences, discrete items, rate reconciliation, inventory of deferred assets/liabilities, taxes payable, valuation allowances, FIN48 reserves, tax rates, return-to-provision adjustments, tax provision memos, tax journal entries and coordination with external auditors.
- Utilize past performance, business forecasts and tax law to provide forecasts and guidance regarding future effective tax rates and cash taxes.
- Maintain strong financial reporting controls for tax including required technical expertise, reporting systems, and related processes specific to GAAP compliance and SOX 404.
- Build and foster strong cross-functional relationships within and outside of tax department.
- Responsible to maintain the on-going studies (e.g., R&D tax credit, section 382 analysis, nexus studies).
- Strategic Tax Planning:
- Optimize annual and long-term global tax strategies by balancing tax savings, risk, and corporate reputation.
- Research and implement tax planning strategies, credit, and incentive opportunities, including ensuring adherence to fiduciary responsibilities and defense of tax strategies.
- Identify and lead all tax planning and due diligence activities pertaining to M&A activities.
- Manage the Company’s relationships with outside tax advisors (law firms, and accounting firms) to achieve Company’s overall strategic intent.
- Provide advice and counsel to executive and line management, serving as their key interface with the tax department. This includes meeting with management to determine the corporation’s earnings and cash flow goals, business strategy and explaining tax ideas and associated risks to management to obtain their support and buy-in.
- Be the thought leader on tax matters including remaining up to date on the latest thinking on tax issues (e.g., tax planning strategies, tax implications of business decisions, etc.).
- Tax Compliance:
- Oversee timely filing of the Company’s tax returns globally (i.e., US federal tax return, state income & franchise tax returns, international income tax returns, permanent establishment returns).
- Coordinate and manage all relevant indirect taxes, such as VAT/GST/QST/HST filings, Sales & Use Tax filings, property tax filings, withholding tax filings, transfer pricing filings, and mandatory disclosure filings, etc.
- Responsible for identification of required filings and review of those prepared by third-party tax firm (Federal, state, foreign).
- Ensure maintenance and compliance of on-going studies (i.e., R&D tax credit, section 382 analysis, nexus studies).
- Oversee global transfer pricing strategy and compliance including maintenance of global transfer pricing studies, master file, and country by country reporting.
- Oversee global tax audit activities for consistency and effective representation; conduct and manage negotiations to resolve tax controversies.
- Monitor, assess, evaluate past, present, and future tax law regulations that will impact the Company’s position and business decisions.
Qualifications:
- CPA and undergraduate degree with a financial or tax concentration are required.
- 20+ years of experience in tax.
- 5+ years of experience in the top tax role.
- 5+ years within a public accounting firm.
- 2+ years ERP systems experience.
Preferred qualifications:
- Master’s degree in business taxation.
- Significant depth of knowledge and experience in US and global tax in a complex public, global organization.
- Proven leadership experience with the ability to motivate teams to produce quality work within tight timeframes.
- Proven ability to meet deadlines and increase efficiencies.
- Exceptional financial and business acumen.
- Excellent written and oral communication skills.