Job Title: Director, International Tax Reporting
Relocation Assistance Offered Within Country
# 152471 - New York, New York, United States
Do you want to come to work with a smile and leave with one as well? In between those smiles, your day consists of working in a global organization, continually learning and collaborating, having stimulating discussions, and making impactful contributions!
If this is how you see your career, Colgate is the place to be!
Our dependable household brands, dedicated employees, and sustainability commitments make us a company passionate about building a future to smile about for our employees, consumers, and surrounding communities. The pride in our brand fuels a workplace that encourages creative thinking, champions experimentation, and promotes authenticity which has contributed to our enduring success.
If you want to work for a company that lives by their values, then give your career a reason to smile...every single day.
It is an exciting time to be part of Colgate-Palmolive's Global Tax Team! Colgate-Palmolive is currently recruiting a qualified candidate for the position of Director, International Tax Reporting. This role encompasses all aspects of international tax compliance and forecasts in accordance with U.S. tax law reporting requirements.
The position incumbent will review actual and forecasted net US tax cost of income earned by controlled foreign corporations, foreign branches, and foreign partnerships. The international tax processes are automated using Alteryx and ONESOURCE technologies. The candidate must have an in-depth knowledge of U.S. international tax rules and experience with managing automated processes effectively. The individual will work with finance and lead the International tax teams to ensure seamless, timely, efficient, and accurate tax reporting and compliance. The individual will also lead the team to keep up-to-date on tax technical skills, tax technology skills and implementing automated solutions.
What You Will Do:
The candidate’s responsibilities will include but are not limited to the following areas:
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Work with local finance teams to ensure timely submissions of information for foreign legal entities and review submissions for completeness;
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Review the consolidated calculation of foreign branches income, CFC Subpart F and Global Intangible Low Taxed Income (GILTI), and Foreign Derived Intangible Income (FDII), earnings and profits and foreign tax credits for the US tax return and quarterly forecasts. The review will encompass a detailed review of complex international calculations, tax attributes, and effects of business developments and foreign currency fluctuations, identifying and communicating key drivers of variances affecting the tax cost;
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Review 861 expense allocation and apportionment workpapers;
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Lead the team to complete all US tax return reporting for foreign subsidiaries which include tax system processing, preparation and review of Forms 1120 (for foreign branches), 1118, 5471, 8858, 8865, 5713, 8992 and 8993;
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Manage Colgate’s global cash remittances, in coordination with Treasury and Regional tax COEs. Plan and communicate the level of dividends, monitor the payment of dividends, track and maintain previously tax earnings and profits, compute the impact of foreign exchange gains and losses of remitted and unremitted earnings for US tax accounting and US tax purposes;
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Manage the Alteryx software to run workflows for international tax computations. Lead change and innovation, develop and implement automation and process improvement activities, including data standardization and analysis, through the utilization of existing and new technologies as well as work with our shared business service centers;
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Lead a team of people (currently 3). Train, supervise, and guide the team in various compliance procedures, as well as US tax technical analysis. Educate cross-functional colleagues in tax concepts and issues relating to international tax compliance and reporting, to foster strong relationships with business partners and functional area experts of the Company;
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Monitor international tax developments and work closely with Senior Tax Leaders on interpreting proposed and/or new tax legislation and rulings. Model and present the impact of law changes for US tax reporting purposes;
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Work with Senior Tax Leaders to model the impact of tax planning ideas
Required Qualifications:
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Bachelor's degree in Accounting required (or a closely related field); Masters degree in Tax preferred;
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Minimum of 10 years of relevant experience in International Tax Compliance required which includes prior experience (prefer 5 years or more) in a public accounting firm (preferably with a Big 4 firm);
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In depth knowledge of U.S. tax provisions affecting international operations, including Subpart F, GILTI, FDII, Section 965, foreign tax credits, foreign exchange transactions, hyperinflation, and allocation and apportionment of expenses;
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Must be able to read and interpret the IRC, Treasury regulations and related authority;
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Must demonstrate strong ability to effectively manage automated processes and implement automated solutions;
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Excellent communication skills, both oral and written;
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Must be highly motivated & organized, a self-starter and have attention to detail;
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Must demonstrate leadership experience in effectively managing and developing people, developing relationships, working collaboratively with teams and multi-tasking;
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Readiness to travel 10% as needed;
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Computer literacy with experience working with a tax data management software tool required; prefer experience with Alteryx and ONESOURCE data management softwares
#LI-Hybrid
Salary Range $170,000 - $220,000 USD
Pay is based on several non-discriminatory factors including but not limited to experience, education, skills and office location. In addition to your salary, Colgate-Palmolive offers a performance based bonus and competitive benefits package.
Equal Opportunity Employer
Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, ethnicity, age, disability, marital status, veteran status (United States positions), or any other characteristic protected by law.
Are you interested in working for Colgate-Palmolive? You can apply online and attach all relevant documents such as a cover letter and resume or CV. Applications received by e-mail are not considered in the selection process. Become part of our team. We look forward to your application.
Colgate-Palmolive is a leading global consumer products company, tightly focused on Oral Care, Personal Care, Home Care and Pet Nutrition. Colgate sells its products in over 200 countries and territories around the world under such internationally recognized brand names as Colgate, Palmolive, elmex, Tom’s of Maine, Sorriso, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Protex, Sanex, Elta MD, PCA Skin, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet and Hill’s Prescription Diet.
For more information about Colgate’s global business, visit the Company’s web site at http://www.colgatepalmolive.com. To learn more about Colgate Bright Smiles, Bright Futures® oral health education program, please visit http://www.colgatebsbf.com. To learn more about Hill's and the Hill’s Food, Shelter & Love program please visit http://www.hillspet.com. To learn more about Tom’s of Maine please visit http://www.tomsofmaine.com.
Reasonable accommodation during the application process is available for persons with disabilities. Please contact Application_Accommodation@colpal.com with the subject "Accommodation Request" should you require accommodation.
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