Director of Tax

Valvoline•Lexington, KY

7d•Hybrid

About The Position

The Director of Tax is an integral member of the worldwide Valvoline Global Operations (VGO) Tax Department who provides leadership and management of our income tax audits, income tax reporting, income tax compliance, and forecasting for our global operations. The Director will work closely with and report directly to the Vice President, Global Tax, while providing support to the Valvoline Global Operations tax team worldwide.

Requirements

Bachelor's Degree in Accounting/Finance
Minimum of 10-15 years of income tax experience managing and developing a diverse group of tax professionals
Expertise in complex federal and international tax concepts applicable to corporations
Experienced manager/reviewer of ASC 740 preparation and analysis
Significant experience in managing and preparing income tax returns both in the US and abroad.
US state and local tax experience.
Experience with tax research software, i.e., CCH, BNA, etc.
Experience with tax compliance and provision software (specifically the ONESOURCE Tax suite of products)
SAP skills a plus
Strong MS Excel skills
Strong analytical and problem-solving skills
Strong project management skills
Effective oral and written communication skills
Ability to work independently and as part of a team

Nice To Haves

CPA and/or Master’s Degree in Taxation

Responsibilities

Manage, review, and coordinate the Company’s worldwide income tax compliance, including: Supervise global tax service providers and internal teams to validate data accuracy, reconcile tax balances, and ensure adherence to corporate tax policies. Lead and oversee global income tax compliance processes across all regions to ensure accurate, timely, and complete filing in accordance with local requirements. Coordinate with Regional finance teams and external advisors to review, approve, and submit corporate income tax returns, filings, and all compliance obligations.
Manage and provide strategic oversight for tax audits as they arise.
Direct and manage the Company’s worldwide income tax provision, including: Overall responsibility for quarterly and annual reporting calculations and financial statement disclosures under ASC 740/ IFRS standards. Oversee foreign income tax reporting Maintenance of SOX control compliance and proactive input in the design and implementation of changes to the controls framework to drive optimization Monitor, analyze, and report changes to US and foreign tax laws and regulations to determine the financial statement impact. Network and collaborate with worldwide finance organizations to continually plan and improve the quarterly and annual reporting processes and implement any process improvements. Oversight and augmentation of procedures around identification and documentation of necessary valuation allowances and/or uncertain tax positions worldwide. Continue to drive efficiencies in the worldwide processes to reduce timelines while maintaining the reliability/integrity of work products.
Drive the management and development of VGO’s worldwide tax department as a world-class organization, effective in demonstrating good faith, timely reporting to all applicable jurisdictions, while continuing to optimize the Company’s overall tax profile.
Responsible for the identification, development, and implementation of tax planning opportunities to continue to optimize both the Company’s worldwide effective tax rate and cash tax outlay.
Assist with planning, structuring, and reporting of acquisitions and divestitures, including, among other things, modeling the tax implications of a transaction, financing, purchase accounting, and/or 338 elections.
Identify process and efficiency improvement opportunities, including but not limited to the use of technology for data collection and analysis.