Manager, Tax

The J.M. Smucker Co.•Orrville, OH

10d•Hybrid

About The Position

Manager, Federal Taxes Own a broad variety of responsibilities over the Company’s Federal and Canadian income tax activities, including: compliance, planning, audit defense, and cash tax forecasting. Support our Company’s income tax accounting responsibilities, with the primary responsibility for forecasting federal taxable income and managing cash tax payments and refunds. Manage the day-to-day IRS and CRA audit activities, with support and coordination across other members of the Tax team. Ongoing coordination of external co-source provider engagements in the U.S. and Canada will be expected to ensure the seamless delivery of key priorities within this role. Location: Orrville, OH Work Arrangements: hybrid, 35% in office expectation

Requirements

Bachelor’s degree in Accounting, Finance, or related field
6+ years of progressive experience in federal taxation
Working knowledge of Canadian, U.S. international, and domestic state and local income/franchise tax laws, regulations, and compliance requirements
Experience with tax provision (ASC 740) and tax provision / compliance software (e.g., OneSource, Oracle Tax Provision Cloud Solution)
Excellent analytical, communication, and leadership skills
Proficient in driving intra-team and cross-functional collaboration with internal teams (at all levels of the organization) in Finance, HR, Legal, and Operations.
Strong project management, staff development, and process improvement skills, with a demonstrated enthusiasm for continuous improvement across multiple processes and activities (inclusive of technology optimization).

Nice To Haves

CPA or MST
Experience in a multi-state corporate tax department with a complex legal entity structure (public company) and/or Big Four public accounting firm

Responsibilities

Federal and Canadian Tax Operations Lead the preparation, review, and timely filing of the annual federal income tax return (including extensions and estimated payments), effectively managing in-house resources and external co-sourcing providers, while appropriately leveraging and optimizing the use of tax compliance software and technology tools.
Oversee the preparation and timely filing of the annual Canadian income tax returns, in partnership with our third-party co-source provider.
Oversee the completion of the Company’s annual tax depreciation calculations and estimates by our third-party co-source provider, including liaising as necessary on a continuous basis with the Finance Plant Project Services Manager.
Support the interim/quarterly/annual income tax provision process in accordance with ASC 740 to ensure accurate reporting in the Company’s financial statements and related SEC disclosures, including forecasting annual federal taxable income and cash taxes, and reviewing general ledger account reconciliations.
Effectively execute internal controls over the financial reporting of federal taxes on a quarterly and annual basis, in accordance with Sarbanes-Oxley Section 404.
Audit Management and Planning Manage the day-to-day responsibilities of the Company’s IRS audit (part of the ongoing Compliance Assurance Process) and ad hoc Canadian income tax audits, including managing the audit timeline and deliverables, and coordinating all responses and communications.
Maintain documentation and support for material tax positions taken on federal and Canadian returns, including conducting ad hoc tax research, and preparing / reviewing technical memoranda (including from third party advisors or internal tax staff).
Monitor legislative / regulatory developments and judicial proceedings affecting federal and Canadian taxation.
Evaluate and implement tax planning strategies to minimize tax liabilities and support business initiatives.
Collaborate with business units and shared services functions to assess and manage tax exposures related to new markets, facilities, and operations, or business changes within (will require occasional travel, including to Company’s Canadian office.
Support Tax department deliverables for strategic business transactions, including mergers, acquisitions, plant and distribution optimizations, reorganizations, and business process/systems integrations.
Represent the Company at continuing professional education sessions for federal / international tax practitioners (may require occasional travel).
People Management Directly manage and develop a team of 1 to 3 tax professionals, providing ongoing coaching, performance feedback, and career development, and indirectly mentor/coach approximately 3-5 other tax department members.