Manager, Federal Tax

  • Full-time
  • Department: Accounting/Auditing

Job Description

The Manager, Federal Tax is responsible for managing MasterBrand’s tax planning strategy, business advisory, federal compliance, and IRS audit defense with respect to federal taxes. Additionally, this position will also be responsible for managing the preparation and filing of the Company’s US Federal tax return.

Responsibilities:

  • Manage all Federal tax compliance including the federal returns, extensions, quarterly estimated tax payments and amended returns as necessary. 
  • Manage domestic planning projects and other special projects, including the analysis of the federal tax consequences, the management of external advisors and internal functions, and the implementation of the transaction.  Partner with the State Tax and International Tax teams on planning and special projects.
  • Establish the documentation and workpaper standards to ensure we are audit ready and to ensure SOX compliance. Maintain a framework for data retrieval in an organized fashion and ensure compliance with data retention requirements for the Tax Department.
  • Maintain the tax compliance software tools.  Develop and implement practices and procedures for efficient collection of information and preparation of returns including development of new processes to meet changing tax law requirements.
  • Provide advice on certain tax matters to Treasury, including debt refinancing, bond issuances, and hedges. 
  • Manage the relationship with the Accounting and Fixed Asset Department in providing them with technical expertise, interpretation, and application of the tax law regarding Fixed Assets in designing systems, policies, and tax positions. Oversee the development and maintenance of a tax fixed asset guide, the providing of training as necessary, the communication of law changes, and the troubleshooting of issues related to both the correct treatment of assets and system limitations.
  • Provide advice on certain tax matters to HR, including fringe benefits, payroll tax, and executive and Board Director compensation (Section 409A, Section 162(m), Section 105(h), 280G)).  Provide technical expertise related to SEC reporting for officer and director compensation. 
  • Manage all planning, research and analysis for Federal tax return positions including consolidated returns, NOLs, accounting methods, tax credits, tax shelter disclosures, etc. Provide guidance and expertise to department leadership on consolidated return, accounting methods, and other technical analysis.
  • Manage various tax attributes and other limitations such as stock and asset basis of legal entities, monitor Section 382 limitations (including net unrealized built-in gain calculations), monitor and update earnings and profits calculation (E&P).
  • Lead the management of domestic issues raised in U.S. tax audits.
  • Monitor changes in U.S. tax laws and assist in analyzing the impact to MasterBrand Cabinets.

Skills and Abilities:

  • Extensive knowledge of US income tax principles and corporate tax law required.
  • Strong organizational and execution skills, balancing multiple priorities in an efficient manner, moving assignments forward with high quality execution and minimal supervision.
  • Excellent oral communication and interpersonal skills are required. Strong writing and documentation skills with extensive experience with Microsoft applications including Word and PowerPoint.
  • Ability to influence across cultures.
  • Ability to work in a dynamic, changing environment collaborating with other team members across functional areas. 
  • Ability to take initiative, build processes and implement technology solutions.
  • Ability to critically assess and simplify processes and controls and identify financial and operating control risks.
  • Consistently demonstrates our MasterBrand Way, positioning the company for growth and helping identify opportunities to reduce waste, complexity, and improve our work environment.

Culture:

  • Demonstrates trust in the process of lean methodologies and tools. Approaches situations through a fact-based lens. Analyzes data, draws conclusions, make recommendations, and present findings. Critically assesses and simplifies processes and controls, and challenge business drivers and risks.
  • Embraces the team through strong interpersonal skills and the ability to relate to people at all levels of the organization, including diverse viewpoints. Seeks to understand and involves others in problem-solving. Proven track record of building a team and managing change.
  • Moves forward through strong organizational and execution skills. Able to champion core issues, develop resourceful and creative solutions and drive results at all levels of the organization.  Strong attention to detail and follow-through skills are a must. Ability to drive successful execution of strategic plans. Adaptable and flexible to changing business conditions and priorities.

Qualifications

  • Minimum education requirements include: a Bachelor’s Degree in Accounting.
  • CPA and Master of Taxation or JD are preferred.
  • Minimum 5+ years required of Big 4 experience and/or large public company tax department experience.

Additional Information

For nearly 70 years, MasterBrand has been shaping the places where people come together, enriching lives and creating meaningful memories for our customers. That, combined with our stylish products, expansive dealer and retail network, and dedicated associates, has helped make us the number one North American residential cabinet business. Our unique culture of continuous improvement is based on trusting the tools, empowering the team and moving forward, and is kept alive by our more than 14,000 associates across 20 plus manufacturing facility and offices. Visit www.masterbrand.com to learn more and join us in building great experiences together!

Equal Employment Opportunity

MasterBrand Cabinets LLC is an equal opportunity employer. MasterBrand Cabinets LLC’s policy is not to discriminate against any applicant or employee based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability/handicap status, marital status, military status, sexual orientation, genetic history or information, or any other basis protected by applicable federal, state or local laws.  MasterBrand Cabinets LLC also prohibits harassment of applicants or employees based on any of these protected categories.  It is also MasterBrand Cabinets LLC’s policy to comply with all applicable federal, state and local laws respecting consideration of unemployment status in making hiring decisions.

Reasonable Accommodations

MasterBrand Cabinets LLC is committed to working with and providing reasonable accommodations to individuals with disabilities. If you have a disability and wish to discuss potential accommodations related to applying for employment, please contact us at [email protected]

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