Minera Yanacocha
Director, Tax, US Operations
Minera Yanacocha, Denver, Colorado, United States, 80285
Workplace Type:
Hybrid – Remote/Onsite
Posting End Date:
9 September 2024
Newmont is the world’s leading gold company and a producer of copper, silver, zinc, and lead. The Company’s world-class portfolio of assets, prospects, and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. The Company is an industry leader in value creation, supported by robust safety standards, superior execution, and technical proficiency. Newmont was founded in 1921 and has been publicly traded since 1925.
At Newmont, people create the value in the metals we mine and are ambassadors in the communities where they live and work. As a team, we foster an environment in support of our people vision, where everyone belongs, thrives, and is valued. We have built a diverse and inclusive workplace where our people can bring their differences to support delivering results together.
Newmont’s Corporate Headquarters are located in Denver, Colorado with roles in Engineering, IT, Finance, Accounting, Human Resources, and much more.
Join us and unearth your potential in a global company that is at the forefront of shaping the future of the mining industry.
About This Role
Under the direction of the Head of Tax Operations, this position is responsible for planning, coordinating, supervising, and reviewing all aspects of U.S. domestic & international tax compliance.
This role is an opportunity for an occupied position with an intended candidate. This is not a new position being added to the headcount. Although there is an intended candidate for this opportunity, this posting is provided for transparency pursuant to the goal of the Colorado Equal Pay for Equal Work Act. You are invited to apply, and even if you are not the intended candidate, the hiring manager may reach out to discuss your interest in this and other potential future opportunities.
Your Role Will Consist Of:
Lead, motivate and develop an experienced US Corporate income tax team of five individuals. Structure US Tax team to leverage skills and resources for critical roles. Foster a culture of collaboration and continuous improvement within the income tax department.
Work closely with many cross-functional groups, including accounting, treasury, and FP&A teams in addition to managing servicing with external service providers.
Oversee preparation and review of all aspects of U.S. domestic & international tax compliance and planning including coordinating and supervising tax staff in their work to ensure timely, complete, and accurate compliance in all tax matters.
Lead and direct the preparation and review of Forms 1120, 1118, 5471, 8858, 8865, tax return disclosures, and elections related to foreign operations, and all other required domestic & international tax filings.
Ensure timely and accurate filing of tax return(s) and quarterly tax estimates by conducting a comprehensive review of federal and state tax returns, work papers, and computations prepared by staff, seniors, and/or interns.
Timely and accurate preparation of ASC 740 tax provision support, especially with respect to the US and Global taxable income calculations, GILTI, FDII, and foreign tax credit computations.
Oversee preparation of Corporate Alternative Minimum Tax (“CAMT”) calculations as well as BEPS/Pillar Two.
Direct point of contact with Cripple Creek and Victor Mining operations, handle all tax-related issues associated with the mine, including but not limited to overseeing property tax filings, sales and use tax filings, producing mines tax and assistance with business plan tax forecasting. This includes leading the tax projections in budgeting, forecasting LOM model planning, and analysis of the mine site. Actively engage with the Tax Leads at our joint ventures with Barrick.
Oversee completion of US portion of the Global Transfer Pricing report and study.
Oversee preparation and review of US FIN 48 documentation.
Dotted line oversight of Tax Technology Senior, including leading US Tax Technology build-out.
Advance technology automation of tax return workpapers.
Assist with the review and preparation of Newmont’s Beyond the Mine and ESTMA filings, including Economic Impact Reports where needed.
Manage preparation and review of Subpart F planning and compliance including calculating and substantiating inclusions for purposes of the US tax return and advising on related planning strategies.
Oversee preparation and review of Foreign Tax Credit calculation and substantiation for purposes of the US tax return including advising on tax strategies for maximizing foreign tax credit benefit.
Sourcing of Income & Allocation/Apportionment of Expenses for purposes of the foreign tax credit calculation.
Reviewing financial data for proper application of tax laws and advising on development and maintenance of accounting systems which provide tax information required to be reported.
Maintaining and communicating knowledge of past, present, and potential future tax laws, regulations, rulings, procedures, and court decisions. May include overseeing the preparation and review of amended federal and state tax returns where opportunities exist.
Direct point of contact with IRS Local Exam Team. Work closely with IRS Local Exam Team to provide audit support, including responses to IDRs and modeling scenarios as needed.
Manage IRS relationship on a daily basis.
Provide timely updates to Group Head of Tax regarding proposed IRS adjustments and planning opportunities.
Manage and mentor three to four direct reports.
Recruit, manage, train and develop staff to meet current and future needs.
Assist senior management on projects as needed.
Your Training, Skills, And Experience Checklist
Here is what we would need to see from you!
Bachelor’s degree in Accounting, Tax, Business, or related field with a minimum of 15 years of Subchapter C and international tax experience, preferably in public accounting or multinational corporation.
“Big Four” or equivalent experience is highly desirable.
Mining or natural resources industry experience a significant positive.
Ability to supervise staff and lead projects.
Previous Subchapter C and international compliance preparation and review experience.
Excellent analytical, organizational, and project management skills and strong attention to detail.
CPA certificate, MS, JD, and/or LL.M. degree is highly desirable.
Working Conditions and Location
The position is located in the Denver corporate office.
Occasional to frequent travel to domestic and international sites required.
We understand no candidate will meet every single desired qualification. If your experience looks a little different from what we’ve identified and you think you can bring value to the role, we’d love to learn more about you!
The salary range offered for this role is USD $138,240 – 164,160. The salary range is tied to the Colorado market for jobs performed in Colorado. The salary offer to the successful candidate will be based on job-related education, training, and/or experience. The salary offer will not be based on a candidate’s salary history at other jobs, and by law, Newmont will not seek information about salary history, and candidates should not share such information with Newmont.
This role will be eligible for participation in a discretionary annual bonus program, pursuant to which an employee may be awarded a percentage of their salary based on the company’s performance and their own individual performance. This role also will be eligible for participation in a discretionary long-term incentive program, pursuant to which an employee may receive awards based on their level and individual performance.
Newmont offers a competitive and inclusive benefits package to support physical, mental, financial, and emotional wellbeing. This role will be eligible for the following benefits: Medical, prescription drug, dental, and vision insurance; flexible spending accounts; health savings accounts; life and accidental death and dismemberment insurance; short and long-term disability; defined benefit pension; 401(k) program with company match; financial planning; employee assistance program (EAP); wellbeing reimbursement program; adoption assistance; tuition reimbursement; paid holidays and paid time off; paid family leave; matching gifts; and discounts on home, auto, and pet insurance. All bonuses and benefits are subject to the applicable eligibility and program/plan terms and may be modified or terminated at Newmont’s sole discretion.
#J-18808-Ljbffr
Hybrid – Remote/Onsite
Posting End Date:
9 September 2024
Newmont is the world’s leading gold company and a producer of copper, silver, zinc, and lead. The Company’s world-class portfolio of assets, prospects, and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. The Company is an industry leader in value creation, supported by robust safety standards, superior execution, and technical proficiency. Newmont was founded in 1921 and has been publicly traded since 1925.
At Newmont, people create the value in the metals we mine and are ambassadors in the communities where they live and work. As a team, we foster an environment in support of our people vision, where everyone belongs, thrives, and is valued. We have built a diverse and inclusive workplace where our people can bring their differences to support delivering results together.
Newmont’s Corporate Headquarters are located in Denver, Colorado with roles in Engineering, IT, Finance, Accounting, Human Resources, and much more.
Join us and unearth your potential in a global company that is at the forefront of shaping the future of the mining industry.
About This Role
Under the direction of the Head of Tax Operations, this position is responsible for planning, coordinating, supervising, and reviewing all aspects of U.S. domestic & international tax compliance.
This role is an opportunity for an occupied position with an intended candidate. This is not a new position being added to the headcount. Although there is an intended candidate for this opportunity, this posting is provided for transparency pursuant to the goal of the Colorado Equal Pay for Equal Work Act. You are invited to apply, and even if you are not the intended candidate, the hiring manager may reach out to discuss your interest in this and other potential future opportunities.
Your Role Will Consist Of:
Lead, motivate and develop an experienced US Corporate income tax team of five individuals. Structure US Tax team to leverage skills and resources for critical roles. Foster a culture of collaboration and continuous improvement within the income tax department.
Work closely with many cross-functional groups, including accounting, treasury, and FP&A teams in addition to managing servicing with external service providers.
Oversee preparation and review of all aspects of U.S. domestic & international tax compliance and planning including coordinating and supervising tax staff in their work to ensure timely, complete, and accurate compliance in all tax matters.
Lead and direct the preparation and review of Forms 1120, 1118, 5471, 8858, 8865, tax return disclosures, and elections related to foreign operations, and all other required domestic & international tax filings.
Ensure timely and accurate filing of tax return(s) and quarterly tax estimates by conducting a comprehensive review of federal and state tax returns, work papers, and computations prepared by staff, seniors, and/or interns.
Timely and accurate preparation of ASC 740 tax provision support, especially with respect to the US and Global taxable income calculations, GILTI, FDII, and foreign tax credit computations.
Oversee preparation of Corporate Alternative Minimum Tax (“CAMT”) calculations as well as BEPS/Pillar Two.
Direct point of contact with Cripple Creek and Victor Mining operations, handle all tax-related issues associated with the mine, including but not limited to overseeing property tax filings, sales and use tax filings, producing mines tax and assistance with business plan tax forecasting. This includes leading the tax projections in budgeting, forecasting LOM model planning, and analysis of the mine site. Actively engage with the Tax Leads at our joint ventures with Barrick.
Oversee completion of US portion of the Global Transfer Pricing report and study.
Oversee preparation and review of US FIN 48 documentation.
Dotted line oversight of Tax Technology Senior, including leading US Tax Technology build-out.
Advance technology automation of tax return workpapers.
Assist with the review and preparation of Newmont’s Beyond the Mine and ESTMA filings, including Economic Impact Reports where needed.
Manage preparation and review of Subpart F planning and compliance including calculating and substantiating inclusions for purposes of the US tax return and advising on related planning strategies.
Oversee preparation and review of Foreign Tax Credit calculation and substantiation for purposes of the US tax return including advising on tax strategies for maximizing foreign tax credit benefit.
Sourcing of Income & Allocation/Apportionment of Expenses for purposes of the foreign tax credit calculation.
Reviewing financial data for proper application of tax laws and advising on development and maintenance of accounting systems which provide tax information required to be reported.
Maintaining and communicating knowledge of past, present, and potential future tax laws, regulations, rulings, procedures, and court decisions. May include overseeing the preparation and review of amended federal and state tax returns where opportunities exist.
Direct point of contact with IRS Local Exam Team. Work closely with IRS Local Exam Team to provide audit support, including responses to IDRs and modeling scenarios as needed.
Manage IRS relationship on a daily basis.
Provide timely updates to Group Head of Tax regarding proposed IRS adjustments and planning opportunities.
Manage and mentor three to four direct reports.
Recruit, manage, train and develop staff to meet current and future needs.
Assist senior management on projects as needed.
Your Training, Skills, And Experience Checklist
Here is what we would need to see from you!
Bachelor’s degree in Accounting, Tax, Business, or related field with a minimum of 15 years of Subchapter C and international tax experience, preferably in public accounting or multinational corporation.
“Big Four” or equivalent experience is highly desirable.
Mining or natural resources industry experience a significant positive.
Ability to supervise staff and lead projects.
Previous Subchapter C and international compliance preparation and review experience.
Excellent analytical, organizational, and project management skills and strong attention to detail.
CPA certificate, MS, JD, and/or LL.M. degree is highly desirable.
Working Conditions and Location
The position is located in the Denver corporate office.
Occasional to frequent travel to domestic and international sites required.
We understand no candidate will meet every single desired qualification. If your experience looks a little different from what we’ve identified and you think you can bring value to the role, we’d love to learn more about you!
The salary range offered for this role is USD $138,240 – 164,160. The salary range is tied to the Colorado market for jobs performed in Colorado. The salary offer to the successful candidate will be based on job-related education, training, and/or experience. The salary offer will not be based on a candidate’s salary history at other jobs, and by law, Newmont will not seek information about salary history, and candidates should not share such information with Newmont.
This role will be eligible for participation in a discretionary annual bonus program, pursuant to which an employee may be awarded a percentage of their salary based on the company’s performance and their own individual performance. This role also will be eligible for participation in a discretionary long-term incentive program, pursuant to which an employee may receive awards based on their level and individual performance.
Newmont offers a competitive and inclusive benefits package to support physical, mental, financial, and emotional wellbeing. This role will be eligible for the following benefits: Medical, prescription drug, dental, and vision insurance; flexible spending accounts; health savings accounts; life and accidental death and dismemberment insurance; short and long-term disability; defined benefit pension; 401(k) program with company match; financial planning; employee assistance program (EAP); wellbeing reimbursement program; adoption assistance; tuition reimbursement; paid holidays and paid time off; paid family leave; matching gifts; and discounts on home, auto, and pet insurance. All bonuses and benefits are subject to the applicable eligibility and program/plan terms and may be modified or terminated at Newmont’s sole discretion.
#J-18808-Ljbffr