State Tax ManagerPrimary Location US, Texas, Plano Date posted 02/11/2021
Job Title:State Tax Manager
US, Texas, Plano
Role Overview:The State Tax Manager will manage a team of 1-2 staff accountants to prepare, review and file state income tax returns and state tax provision.
From device to cloud, McAfee provides market-leading cybersecurity solutions for both business and consumers. We help businesses orchestrate cyber environments that are truly integrated, where protection, detection, and correction of security threats happen simultaneously. For consumers, McAfee secures your devices against viruses, malware, and other threats, both at home and away. We want to continue to shape the future of cybersecurity by working together to build best in class products and solutions.
The State Tax Manager will be responsible to prepare, review, and research state and local tax accounting and compliance for all McAfee and affiliated business entities. The principal business responsibilities for this position are to maintain income tax filing compliance with all state and local governments and to accurately calculate the state and local impact on the global tax provision. The State Tax Manager will also manage a team of 1-2 staff accountants.
Roles and Responsibilities
State Tax Provision
·Prepares and manages the annual and quarterly state tax provision documentation, including managing the state income tax payable, updating uncertain state tax positions, and tracking state only deferred items.
·Prepare and manage the quarterly and annual state tax provision documentation including managing the state income tax payable, updating uncertain State tax positions, and tracking State only deferred items.
·Responsible for monitoring, assessing and implementation of new State and Local tax laws
·Research State and Local tax issues and prepare monthly tax issues memos, as applicable.
·Review quarterly tax account reconciliations
·Provides input on company tax accounting policies and calendars and ensures adherence thereto through internal and external relationships.
·Proactively partner with stakeholders within McAfee and externally
State/Local Tax Compliance
·Prepare/review and file all periodic US State and local income and franchise tax returns, tax estimates, and extensions
·Maintain Cash Forecasts for related tax compliance payments and receipts
·Point of contact for queries and general correspondence with States and Local offices, and managing overall relationship
State/Local Tax Planning
·Responsible for monitoring and understanding forecasted Taxable Income /Loss and implications of changes in forecast to tax deliverables
·Participate in domestic legal entity rationalization initiatives to ensure relevancy and optimal tax outcome
State Tax Audits
·Manages state and local income tax audits and controversies, including meeting with tax advisors and governmental officials, developing strategies, and preparing documentation.
Required Skills and Experience
·Accredited bachelor’s degree in accounting, finance or a related field.
·8+ years of US State and local corporate and partnership income tax experience including 3 years of people management.
·Proficient knowledge of ASC 740 and SOX requirements.
·Experience with research, analysis, and interpretation of state and local income tax laws.
·Experience in people managerial skills and ability to coach and guide team members effectively.
·Proficient knowledge of tax provision software including OneSource Tax Provision
·Proficient quantitative analysis skills, including the ability to interpret, analyze, organize and report financial data.
Preferred Skills and Experience
·Experience in partnerships and publicly traded organizations and partnerships
·CPA, MBA, MS Taxation strongly desired
·US based multinational corporation experience
Company Benefits and Perks:
We work hard to embrace diversity and inclusion and encourage everyone at McAfee to bring their authentic selves to work every day. We offer a variety of social programs, flexible work hours and family-friendly benefits to all of our employees.
- Pension and Retirement Plans
- Medical, Dental and Vision Coverage
- Paid Time Off
- Paid Parental Leave
- Support for Community Involvement
We're serious about our commitment to diversity which is why McAfee prohibits discrimination based on race, color, religion, gender, national origin, age, disability, veteran status, marital status, pregnancy, gender expression or identity, sexual orientation or any other legally protected status.