ITW is seeking a proven international Operational Tax Planning Manager to help lead and grow ITW’s Tax function. This person will have opportunities to positively impact many facets of ITW’s global tax position. Reporting to a Director of Operational Tax Planning, the role will focus primarily in two areas of income tax: tax planning and international tax compliance. In addition, this individual should be familiar with transactional concepts relating to mergers and acquisitions and divestitures, as well as transfer pricing matters. The person will have opportunities for exposure to all levels of corporate management and external advisors on outsourced projects. Responsibilities include but are not limited to:
Assist in development and implementation of company initiatives to efficiently and effectively manage business initiatives worldwide while maintaining an efficient tax structure, including modeling of outcomes and tax consequences within jurisdictions affected.
Coordinate the US tax implications of business and tax planning with the Company’s European and Asian Regional Tax Managers.
Communicate/consult with financial, legal and operation personnel (including external advisors) regarding planning opportunities and reporting matters.
Assist with international and federal tax aspects of acquisitions and divestitures, including tax due diligence and post-acquisition integration restructuring.
Participate in review of transfer pricing impact and valuations relating to planning transactions to manage tax risks.
Coordinate and review the documentation and reporting requirements with respect to the business and tax planning transactions for inclusion in the US income tax returns.
Assist with the international tax IRS audit with respect to transactions completed. This includes working on the IDR responses, positioning to minimize any exposure, negotiations and protests.
Establish a thorough understanding of compliance and reporting systems and procedures in the tax department while working to continually refine and improve procedures to gain operating efficiencies.
Assist in review of the international components of US federal income tax return including Forms 5471, 8858, 1118 and related FTC, E&P, Section 987 and Subpart F computations.
Bachelor’s degree in finance or accounting with CPA, MST, or JD is preferred.
International tax and provision experience in Big 4 or comparable tax experience in a large multinational corporation
Strong research, analytical and documentation skills
Strong verbal, written communication and project management skills.
Computer proficiency with HFM and Corp Tax a plus.
Ability to multitask and prioritize competing projects to meet constant deadlines in a dynamic environment.
Ability to develop and mentor staff and manage the pool staff with the other areas of the tax department to ensure there are sufficient resources to drive the projects during the year.
Engenders and builds trust and approachability within and across groups.
Operates in an honest, ethical manner in all dealings; acts with integrity.
Exhibits a drive to excel yet rises above his/her own interests for betterment of ITW as a whole.
Partners with other executive/functional leadership.
Displays personal courage and composure under pressure.