About Us:
At Quaker Houghton, we are experts in the development, production and application of industrial process fluids, lubricants and coatings for the manufacturing industry. We have been an integral part in the growth of the world’s largest industrial and manufacturing companies from aerospace and automotive to primary metal and energy. Today, we have a global presence, with our corporate headquarters located in Conshohocken, PA. Quaker Houghton is a global publicly traded company with a unique collaborative culture that supports career growth for its colleagues and offers competitive compensation and benefit programs.
Summary:
The Tax Manager will be a key contributor to the corporate tax organization of Quaker Houghton and will be responsible for supporting the team with the accounting of income taxes for both the consolidated group as well as individual global business units, ensuring full compliance with Sarbanes-Oxley (SOX) requirements, ASC 740, and external auditor expectations. This person will collaborate with our global finance team (corporate controllers and regional finance directors) to ensure that each of the subsidiaries are properly accounting for income tax matters and reporting their tax accounts to our corporate tax team. This position will also support and collaborate with other members of the tax team, primarily in the areas of income tax accounting, tax compliance, SOX controls and ongoing audit/advocacy management, but also research and planning. This position will report directly to the Director, Tax Accounting, and will be based in our corporate headquarters in Conshohocken, PA.
The Tax Manager will also have the opportunity to assist in special projects and the Company’s U.S. federal, state/local and international tax planning, including but not limited to the following:
- process improvement initiatives
- entity integration/rationalization
- executive compensation
- credit utilization planning
- acquisition, divestiture, and joint venture planning
- deductibility of expenses
- planning with respect to new legislation
- consolidations
- 10K/10Q reporting
- management reporting
Responsibilities:
The responsibilities of the Tax Manager include, but are not limited to:
- Manage the submission and review process for quarterly and annual US and Foreign tax packages.
- Assist the team to ensure that the current and deferred tax account balances of our global subsidiaries are accurately stated and properly classified through quarterly and annual review and validation of their income tax reporting and resolution of income tax accounting issues, as well as coordinated training if/where needed.
- Assist the team in managing SOX internal controls compliance and reporting in the area of income tax accounting, and with the development of audit ready files to support the audit of the Company’s tax provision; and provide assistance and coordination with IRS/state/foreign tax audit matters, as needed.
- Assist with the preparation of tax footnotes including supporting schedules, as well as other financial statement disclosures.
- Assist in the preparation of consolidated return and other tax filings for federal, state and U.S. international income tax compliance as well as the compliance requirements for other business units as necessary.
- Review/assist in the measurement of and accounting for uncertain tax positions.
- Review/assist in determining the Company’s APB23 assertion.
- Analyze and document the need for valuation allowances for global subsidiaries including sensitivity analysis and other analytics to assess the realizability of deferred tax assets and the ability to communicate and explain these positions to management and auditors.
- Analyze global tax attributes while actively participating in special projects such as section 382 studies, analysis of earnings and profits, stock basis calculations, and the research of technical accounting issues.
- Research and monitor tax law changes throughout the world and the related financial statement implications including U.S. Tax Reform and related regulations issued by the U.S. Treasury and the state taxing authorities. As needed, prepare technical memoranda documenting analysis and conclusions.
- Coordinate, supervise or review the activity of outside service providers relating to income tax provision and/or income tax compliance matters.
- Collaborate with finance, treasury, and other functional teams, e.g., to align data flow requirements that effectively meet global reporting and compliance requirements.
- Support special projects including due diligence for acquisitions and purchase accounting, and provide information and support for tax planning, as needed.
Education, Minimum Qualifications, & Skills:
- Bachelor’s degree required with emphasis in accounting or other financial discipline; CPA required.
- Requires at least 5 years of public and/or multinational corporate experience in the field of taxation, particularly in the area of tax accounting. Experience with U.S. international tax preferred.
- Working knowledge and experience with ASC 740 and FIN 48.
- SOX – strong grasp of internal controls needed for the corporate tax department of a public company.
- Experience in using OneSource Tax Provision software preferred.
- Strong project management skills as well as with written and oral communication. Able to perform a variety of tasks, and lead/direct the work of others.
- Thorough working knowledge of US Federal and State income tax concepts with ability to research, document, and discuss technical tax issues.
What's in it for you:
- Competitive pay programs with excellent career growth trajectory
- Hybrid work environment
- Opportunities to see your efforts contribute toward the success of the business.
- Work for a global leader in the industrial process fluids industry
Quaker Houghton is an equal opportunity employer committed to creating a diverse workforce? Quaker Houghton provides equal employment opportunity for all qualified candidates. Quaker Houghton does not discriminate against any candidate for employment based on race, color, religion, sex, gender, gender identity or expression, affectional or sexual orientation, pregnancy, age, creed, ancestry, national origin, citizenship, marital or domestic partnership or civil union status, veteran’s status, physical/mental disability, genetic information, or any other category protected by U.S federal, state, and/or local employment law. Furthermore, Quaker Houghton is committed to providing reasonable accommodations to qualified candidates with physical and/or mental disabilities. Applicants with a disability who need assistance applying for a position may email? [email protected].