Senior Tax Manager

Cresco Labs•Chicago, IL

1d•$145,000 - $170,000

About The Position

The Senior Manager, Corporate Tax has leadership responsibility for all income tax matters and reports to the Vice President of Tax & Treasury. This people-leader role oversees the tax provision process, federal and state income tax compliance, tax forecasting and planning, and tax integration for new businesses and acquisitions. The position leads and develops the income tax team and works with government auditors, external financial statement auditors, internal stakeholders, investors, and C-suite personnel. The ideal candidate is detail-oriented, strategic, and able to operationalize tax processes for a complex, multistate business. The role oversees quarterly and annual US GAAP income tax provisions, tax accounting, public-filing disclosures, compliance and planning, cash tax forecasting, audits and notices, tax strategy, internal controls, tax technology, due diligence, and business integrations. It also leads process improvements and special projects, including legal-entity restructuring, while serving as a trusted tax advisor to senior leadership.

Requirements

Bachelor’s degree in accounting or a business degree with an accounting concentration.
At least 8 years of tax experience in public accounting or relevant corporate tax.
At least 8 years of federal and state corporate and partnership income tax compliance experience.
At least 5 years of tax provision experience under ASC 740.
At least 3 years of experience managing and developing tax professionals.
Experience with OneSource Tax Provision or comparable software.
Experience with financial accounting systems.
Advanced proficiency in MS Excel and MS Office.
Ability to research complex tax issues, work collaboratively to identify solutions, and communicate recommendations clearly and promptly.
Ability to work in a highly regulated, evolving, multi-entity environment with complex tax structures.
Ability to communicate effectively with cross-functional departments and external participants.
Strong analytical skills, attention to detail, and ability to synthesize data into actionable insights.
Ability to work independently in a highly organized manner.
Must be at least 21 years of age.
Must comply with legal and company regulations for working in the industry.
Must be legally authorized to work permanently in the United States without current or future employment-based visa sponsorship.

Nice To Haves

Advanced degree or credential such as an MST, MAcc, LLM, or CPA.
Experience in a manufacturing organization.

Responsibilities

Oversee and approve quarterly and annual income tax provisions under US GAAP, including current and deferred tax reporting, account reconciliations, valuation allowance analyses, and deferred tax rollforwards.
Coordinate the tax provision process with in-house staff and external resources; review uncertain tax positions and technical tax research and documentation.
Manage quarterly and annual tax disclosures for public filings, monitor changes to technical requirements, and approve tax accounting journal entries.
Work with corporate accounting on US GAAP tax reporting and present tax perspectives at financial reporting coordination meetings.
Interface with external financial statement auditors and respond to data requests and technical questions.
Oversee preparation and review of annual US federal, state, local, and foreign income tax returns, including Forms 1120, 1065, 5471, and 5472 and related state forms.
Coordinate internal staff and outsourcing firms and ensure the quality and accuracy of tax workpapers, calculations, schedules, estimated and extension payments, and tax sharing agreements.
Partner with Treasury and Financial Planning & Analysis leadership on tax forecasting, cash tax planning, and effective tax rate management.
Direct research and analysis of complex tax issues and review and approve memorandums on tax treatment and reporting.
Oversee external-facing tax reports for investors and partners and present tax matters to investors and senior leadership as needed.
Support IRS and state and local tax audits and notices, including coordinating and reviewing information document request responses, technical research, deadlines, and tax exposure tracking.
Partner with the Vice President of Tax & Treasury to develop and execute tax strategy, planning opportunities, and risk management.
Oversee research into indirect tax filing requirements and coordinate with advisors as needed.
Lead, mentor, and develop the income tax team by setting priorities, assigning and managing workload, conducting performance reviews, and building a talent pipeline.
Lead tax technology initiatives and maintain the tax internal control framework, partnering with internal audit and accounting on SOX and control testing.
Lead tax due diligence, structuring, and integration for new businesses and acquisitions.
Improve tax processes and procedures as the company expands in new and established markets.
Lead special projects, including legal entity restructuring and rationalization.
Work across departments and with external partners, serving as a trusted tax advisor to senior leadership.