Bachelor's degree in Accounting or Business Management
10+ years of tax experience
3+ years in a 'Big 4' CPA firm
Fluency in Accounting for income taxes
Experience with U.S. Consolidated tax returns
Knowledge of international taxes and transfer pricing principles
Broad exposure to state and local taxes
Strong interpersonal skills and team-building capability
Effective oral presentation skills for Senior Management
Ability to simplify complex tax issues
Responsibilities
Oversee Corporate Income Tax compliance and review related calculations and returns
Support research and analysis for R&E tax credits and transfer pricing
Manage audits, including coordinating with external auditors and preparing documentation
Provide tax guidance on new and expanding business transactions
Research government tax incentives and coordinate applications
Support tax-related activities for company acquisitions and dispositions
Lead tax engagements with external CPA and law firms
Contribute to LGEUS retirement plan committee as an active member
Engage in recruitment and training for North America Tax Team
Benefits
No-cost employee premiums for medical, dental, vision, and prescription benefits for employees and dependents
Immediate vesting of company matching contributions in 401(k) plan
Generous Paid Time Off policy including sick and vacation time
Performance-based Short-Term Incentives
Access to mental health resources and personal fitness goal incentives
Family-oriented benefits including paid parental leave and support for diverse challenges
Group Rate Life and Disability Insurance
Full Job Description
The Opportunity:
We are seeking a highly strategic, organized, and results-driven North America Tax Team Leader to provide business tax compliance oversight of Corporate Income Tax and State & Local Tax Teams and serve as subject matter expert for audit and business tax support.
1. Corporate Income Tax Compliance
Review quarterly and annual tax calculations, workpapers, returns, and payments prepared by the CIT team
CIT Provision
CIT Estimated/Extension Payments
CIT Returns
Withholding Tax Returns
FBAR Reporting
Support annual R&E and TP analysis and review annual studies prepared by KPMG
R&E Tax Credit
Transfer Pricing
2. State & Local Tax Compliance
Review monthly, quarterly, and annual tax calculations, workpapers, returns, and payments prepared by the SALT team
Sales and Use Tax Returns
Business Property Tax Returns
Unclaimed Property Returns
Gross Receipts Tax Returns
Business License Filings
CA Recycling Fee Returns
Form 1099
3. Audit
Manage federal and state audit inventory
Schedule status meetings/calls with external auditors as warranted
Prepare and submit written responses and supporting documentation to auditors in response to information document requests (IDRs)
Estimate potential tax liabilities/refunds and prepare estimated interest calculations
Negotiate with auditors and appeals officers to resolve disputes
Coordinate execution of audit closing documents
Revise compliance processes as necessary in response to audit adjustments
Federal and State Corporate Income Tax
State and Local Sales & Use Tax
State and Local Property Tax
State and Local Gross Receipts Tax
Miscellaneous Taxes and Fees
4. Business Support
Provide Guidance on New or Expanding Business Transactions
At the request of business unit management or the LGEUS Legal team, review product sales, service, and purchase contracts for potential tax issues related to new and changing operational scenarios
Provide advice to minimize tax liabilities
Cultivate relationships across functional areas to discuss potential tax consequences of contemplated transactions to reach consensus on action plans
Government Tax Incentives
Meet with business unit management, LG Government Affairs and LGEUS Legal to understand new or expanding business operations
Review federal and state laws in the jurisdictions where investment is contemplated to determine if the Company is eligible to receive government incentives (grants, loans, tax credits, tax exemptions, etc.)
Prepare project profiles and meet with government agencies to review
Coordinate the preparation and submission of any required applications for incentives and work with government agencies to implement incentive agreements
Ensure the Company claims all incentives that were granted
To the extent the Company does not meet its commitments under the agreements, negotiate the termination of the agreements and any required pay back of incentive amounts received
Dispositions/Acquisitions
Provide tax support for dispositions/acquisitions of Company subsidiaries or other equity interests in partnerships or joint ventures
Affiliated Entity Support
Provide general tax guidance and support of specific tax matters (e.g., Alphonso DST liability) on an as-needed basis
Tax Research
Perform tax research on and pro-active, reactive, and as-directed basis
External Support
Serve as the lead tax representative with CPA and law firms in sourcing external support for tax engagements and in negotiating terms and fee arrangements of work performed
LGEUS & Subsidiaries Retirement Plan Fiduciary Committee Member
Attend quarterly Committee meetings, reviewing the quarterly and year-to-date performance of the Plan's assets, voting on changes to Plan investments pursuant to the Plan's investment charter
Annually review the services provided by Fidelity Investments (the Plan's recordkeeper) to ensure efficient use of Plan assets
Review/vote on matters involving employee education, Plan enhancements, and maximizing Plan benefits for all participants
Designated Representative
Serve as the Company's designated representative for litigation matters, which requires reviewing complaints and other court documents filed by plaintiffs, preparing and signing affidavits in defense of lawsuits filed against the Company, and appearing before opposing counsel to provide oral testimony at depositions.
5. Administrative Support
Recruitment/Training
Maintain detailed job descriptions of NATT levels and positions
Draft job descriptions for open positions
Conduct interviews of prospective candidates and work with the NAHR team during the hiring process
Present professional and personal development opportunities for NATT members
Qualifications:
Bachelor's degree in Accounting or Business Management
10+ years of tax experience is required
3+ years experience in a "Big 4" CPA firm
Fluency in Accounting for income taxes and significant experience in U.S. Consolidated tax return preparation
Working knowledge of international taxes and transfer pricing principles; especially Canadian and Mexican markets
Broad exposure to state and local taxes
Comfortable with working with a diverse group of people (outside of the tax area) to achieve common objectives
Well-developed interpersonal skills along with a demonstrated ability to be a team player and team builder
Strong oral presentation skills when dealing with Senior Management
Ability to present technical tax issues in an easy to understand manner
Ability to travel for business less than 25% of the time
#LI-DR1
Recruiting Range
$210,000-$230,000 USD
Benefits Offered Full-Time Employees:
No-cost employee premiums for you and your eligible dependents for competitive medical, dental, vision and prescription benefits.
Auto enrollment with immediate vesting of competitive company matching contributions in a 401(k) Retirement Savings Plan with several investment options.
Generous Paid Time Off program that includes company holidays and a combined bank of paid sick and vacation time.
Performance based Short-Term Incentives (varies by role).
Access to confidential mental health resources to help you and your loved ones improve your quality of life. Personal fitness goal incentives.
Family orientated benefits such as paid parental leave and support for families raising children with learning, social, behavioral challenges, or developmental disabilities.
Group Rate Life and Disability Insurance.
Benefits Offered Temporary/Contractors:
Eligible for the relevant benefit programs offered through our partner agencies.
About LG Electronics
LG Electronics Inc. is a South Korean multinational electronics company headquartered in Yeouido-dong, Seoul, South Korea.
LG Electronics is a part of the LG Corporation, the fourth-largest chaebol in South Korea, and its global sales reached US$55.91 billion in 2014. It comprises four business units: Home Entertainment, Mobile Communications, Home Appliances & Air Solutions and Vehicle Components, with Starion India as its main production vendor for refrigeration and washing machines in the Indian sub-continent. LG Electronics acquired Zenith in 1995 and controls 37.9 percent of LG Display as of 2013. Since 2008, LG Electronics remains the world's fourth-largest LCD television manufacturer. The company has 128 operations worldwide, employing 83,000 people.
