International Tax Manager - Hybrid

Job Summary

This position coordinates business and tax issues with region personnel in the Americas, Europe, Middle East and Africa (EMEA), and Asia Pacific Regions. The incumbent researches and communicates U.S. federal income tax treatment of UPS transactions and develops transactions to reduce U.S. federal taxation. The International Tax Manager (ITM) calculates quarterly tax provision items and amounts recorded for ASC 740 and 450. This role manages the U.S. Tax compliance process for approximately 250 entities and supervises the International Tax Supervisor and interns/contractors.

Responsibilities

• Researches current/pending tax legislation to assess potential impacts to UPS, including modelling current and proposed tax legislation and incorporating various tax attributes
• Reviews and collaborates with personnel in treasury on U.S. tax implications of repatriation of cash from subsidiaries
• Works with personnel in legal, treasury, accounting, region tax related to restructuring of UPS entities and other tax planning
• Manages the data collection process from foreign teams, including providing training and assistance to foreign teams to ensure accurate submissions of tax information
• Collaborates with Tax Technology group to design processes and methods to report information accurately/efficiently on tax returns
• Prepares and reviews international items for quarterly tax accounting provision, including Subpart F, Section 78 Gross-up, Foreign Tax Credits, GILTI, FDII, Foreign Dividends, Withholding Taxes, 986(c) Gain/Loss, and Foreign Partnership Income
• Ensures all international forms are properly attached to the consolidated Form 1120 filed by UPS.  Troubleshoots any XML errors or issues relating to international returns preventing efile
• Prepares models for tax calculations for scenarios related to proposed transactions
• Monitors worldwide legislation that may impact current or deferred tax rates
• Manages quarterly process with Region Tax Managers to identify and update uncertain tax positions
• Reviews U.S. and foreign transactions to determine appropriate U.S. federal income tax treatment and write technical memos to document federal income tax treatment
• Develops proposed transactions to provide UPS effective and advantageous tax treatment
• Maintains databases and tax compliance software to enable timely completion of tax returns

Preferences

• Possesses strong research, written communication and project management skills
• Minimum 5 years of international tax experience in a public accounting firm and large corporate environment with strong knowledge of restructuring non-U.S. operations and ASC 740
• Experience in OneSource Income Tax, including Chart of Account mapping, Tax Reclass and tax Adjustment mapping, XML error and diagnostic troubleshooting
• CPA certification
• Bachelor’s Degree (or internationally comparable degree) in accounting or related field