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Magna International

Tax Manager, International

Posted 9 Days Ago
Be an Early Applicant
Hybrid
Troy, MI
Senior level
Hybrid
Troy, MI
Senior level
The Tax Manager, International will oversee all international tax aspects for Magna's US group, ensuring compliance and managing tax planning initiatives while developing junior team members and implementing process improvements.
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What we offer:
At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.
Group Summary:
Magna is more than one of the world's largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.
Job Responsibilities:
About the Role: The Tax Manager, International will manage all tax aspects of the international operations of the Magna US group of companies, including compliance, tax provision, and tax planning initiatives.
Your Responsibilities:

  • Ensure accurate and timely preparation of all International forms (including Forms 5471, 5472, 8858, 8865, and 1042)
  • Manage aspects of the annual and quarterly income tax provision processes related to the inbound and outbound investments, activities, and operations of the Magna US group.
  • Assist and/or lead planning initiatives with cross border implications, to include project planning and resourcing, issues identification and resolution, modeling, development of options and risk assessments, preparing and presenting a business case to pursue transactions, driving implementation, and ensuring post-implementation actions necessary to meet project objectives.
  • Regularly seek to identify, drive, and implement process improvements within the Tax Department
  • Research, analyze and document tax issues as they arise and ensure all working papers are audit ready.
  • Coordinate and collaborate with other Tax Department personnel throughout the organization to achieve objectives and utilize available resources to optimize efficiencies and effectiveness.
  • Assist in responding to and resolving inquiries relating to international tax matters by federal taxing authorities, including tax audits.
  • Clearly communicate issues, opportunities and solutions to senior management and other team members
  • Learn the business and the corporate organizational chart and identify and proactively engage key constituencies throughout the organization to build effective working relationships and further Tax Department objectives.
  • Carry out supervisory responsibilities in accordance with the organization's policies and applicable laws.
  • Follow the principals of the Magna Employee's Charter and promotes the 'Open Door' policy.
  • Develop, manage, mentor, and motivate junior team members.
  • Interview, hire, and train employees; Plan, assign, and direct work; Appraise performance; reward and counsel employees; Identify, address, and resolve problems.


Who we are looking for:

  • Bachelor's Degree and/or Master's Degree in Accounting
  • 10 years of corporate income tax experience with a significant concentration in international taxation.
  • Solid knowledge of international tax rules and ability to perform research and clearly and cogently document facts, issues, and conclusions.
  • Demonstrated experience in and understanding of tax return processes and possession of strong financial accounting skills.
  • Working and technical knowledge of US international tax rules is a must - relevant experience includes; E&P Calculations, Subpart F, Foreign tax credit, including income sourcing and expense apportionment, BEAT, FDII, GILTI, and interest limitation regimes, Cross-border financing, Repatriation planning, Dual consolidated loss (DCL)
  • ASC740, FIN 48, APB 23, and US GAAP accounting
  • Experience managing and developing a team of tax professionals.


Your Preferred Qualifications:

  • Advanced tax-related degree and/or CPA
  • Experience in both industry and public accounting.
  • Experience with OneSource, HFM, Microsoft Suite, including PowerBI, and other leading-edge application software highly desired.
  • Transfer pricing experience is helpful.
  • Excellent verbal, written, and interpersonal skills.
  • Ability to juggle multiple projects/assignments and meet deadlines with available resources.
  • Strong project management skills, especially ability to drive through to completion.


What We Offer: At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.
Site Benefits:

  • Comprehensive Medical, dental, and vision plans
  • 401 (k) plan with employer matching
  • Profit sharing program.
  • Exciting internal development opportunities
  • Cafe
  • Parking for motorcycles and electric vehicles


At Magna, we believe a diverse workforce is critical to our success. That's why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.
Awareness, Unity, Empowerment:
At Magna, we believe that a diverse workforce is critical to our success. That's why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.
Worker Type:
Regular / Permanent
Group:
Magna Corporate

Top Skills

Accounting
HQ

Magna International Aurora, Ontario, CAN Office

Magna International Global Headquarters - Aurora, Ontario, Canada Office

337 Magna Drive, Aurora, Ontario, Canada, L4G 7K1

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