What are the responsibilities and job description for the Manager, State Income Taxes position at The J. M. Smucker Company?
The J.M. Smucker Company has a unique culture rooted in our Basic Beliefs, strengthened by Our Commitment to Each Other and perpetuated by the creation of an environment that leads to the continued growth of our employees.
Inspired by more than 120 years of business success and five generations of family leadership, The J. M. Smucker Company makes food that people and pets love. The Company’s portfolio of 40+ brands, which are found in 90 percent of U.S. homes and countless restaurants, includes iconic products consumers have always loved such as Folgers®, Jif® and Milk-Bone® plus new favorites like Café Bustelo®, Smucker’s® Uncrustables® and Rachael Ray™ Nutrish®. Over the past two decades, the Company has grown rapidly by thoughtfully acquiring leading and emerging brands, while ensuring the business has a positive impact on its 7,000+ employees, the communities it is a part of and the planet. For more information about The J. M. Smucker Company, visit https://jmsmucker.com.
TITLE
Manager, State Income Taxes
LOCATION
Orrville, Ohio (Close proximity to Cleveland/Akron)
REPORTS TO
Senior Manager, State Tax Operations
POSITION SUMMARY
The Manager, State Income Taxes will have broad responsibilities over the Company’s state and local income tax activities, including compliance, audit support, research, planning, and income tax accounting.
KEY RESPONSIBILITIES
- Manage the state and local income tax compliance process for tax returns, estimated payments, extensions, apportionment calculations, etc. Responsibilities will include review of returns prepared by staff and/or third parties and may also include preparation of some returns.
- Assist in the state and local income tax accounting process to ensure accurate tax amounts are reported in the Company’s financial statements and related disclosures. Effectively execute internal controls over financial reporting of state and local taxes. Support quarterly and year-end tax provision processes.
- Support strategic domestic tax projects, such as acquisitions, divestitures, system implementations and internal restructurings.
- Mentor and coach staff and other tax department personnel.
- Prepare, review and reconcile state tax accruals and related journal entries.
- Manage income and franchise tax inquiries and notices.
- Support state and local income tax audits.
- Manage third-party relationships with consultants and service providers.
- Monitor legislative and judicial proceedings for relevant state and local income and franchise tax law changes.
- Conduct ad hoc tax research and prepare technical memorandums to support tax positions.
- Seek to identify and implement tax savings opportunities.
- Seek to identify and implement process and technology improvement initiatives.
- Work with cross-functional teams to further understand business processes and to educate others on tax related items.
SELECTION CRITERIA
Education
- Bachelor’s degree in Accounting or Finance required
- CPA or Master’s degree preferred
Experience
- At least 5 years of experience with a CPA firm or public company with emphasis on state and local income tax matters required
- Experience with OneSource or other comparable tax software required
- Working knowledge of federal corporate income tax matters preferred
- Experience with state and local income tax accounting and/or controversy matters preferred
- Experience with Oracle and/or Hyperion a plus
Other
- Ability to proactively coach and mentor individuals and teams, and work with senior levels of management
- Very strong attention to detail and focus on accuracy of work
- Excellent organizational, analytical, and presentation skills
- Professional demeanor and communication skills – written and oral
- High proficiency in Excel
- Willingness to use technology to increase productivity
- Flexibility to changing business needs
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