JOB DESCRIPTION:Driven Brands (NASDAQ: DRVN) is the largest automotive services company in North America, with more than $2 billion in annual revenue across a portfolio of industry-leading brands. The Income Tax Technical Accounting Lead is a senior individual contributor role within the Global Tax function, reporting to the Director of Income Tax. This role serves as the department's in-house technical authority on U.S. federal, multi-state, and Canadian income tax accounting matters. The ideal candidate combines rigorous tax technical skills, ASC 740 expertise and the discipline to produce clear, well-reasoned written work product each quarter.
How you will Own it:Quarterly Provision Issue Analysis & Documentation- Serve as the technical subject matter expert supporting the Director of Income Tax on all ASC 740 income tax provision matters each quarter and at year-end.
- Identify, analyze, and document significant income tax accounting issues arising each quarter - including changes in facts, tax law developments, uncertain tax position (UTP) activity, valuation allowance considerations, and return-to-provision adjustments - preparing a formal issue memo each reporting period.
- Analyze and document deferred tax asset and liability movements, including the adequacy of valuation allowances, using the more-likely-than-not framework under ASC 740-10.
- Assess and document the financial statement impact of significant transactions, business combinations, restructurings, and legislative changes under ASC 740, providing written conclusions to the Director and VP of Global Tax.
- Support external auditor (Big 4) review of the provision by preparing clear, audit-ready technical documentation and responding to technical inquiries on complex income tax accounting positions.
Technical Tax Research & Written Work Product- Research complex federal, multi-state, and Canadian income tax issues that arise in connection with the provision.
- Monitor U.S. and Canadian income tax legislative and regulatory developments and deliver timely written assessments of the ASC 740 impact to leadership.
- Research and document tax accounting positions related to NOL utilization, tax credit recoverability, uncertain tax positions (ASC 740-10 / FIN 48), and accounting method questions that surface during the provision cycle.
- Provide ad hoc technical assistance to the compliance team on income tax issues requiring ASC 740 analysis.
Process, Technology & Collaboration- Partner with the Director of Income Tax to continuously improve the quality, structure, and completeness of provision workpaper packages, including standardizing memo templates, checklists, and documentation protocols.
- Collaborate with Corporate Accounting, FP&A, Legal, and Corporate Development to obtain the information needed to analyze income tax accounting implications of business events and ensure tax is embedded in transaction workflows.
- Support SOX 404 compliance by ensuring income tax provision workpapers and technical documentation meet internal control standards; assist with the preparation of control evidence as needed.
- Identify opportunities to improve technical issue identification, memo workflow, and workpaper quality through process improvements or technology enhancements.
What you'll Bring: - Bachelor's degree in Accounting, Finance, or related field; CPA required.
- 5-10 years of progressive corporate income tax experience with a concentration in ASC 740 income tax accounting
- Deep technical expertise in ASC 740, including deferred tax accounting, valuation allowances, uncertain tax positions (ASC 740-10 / FIN 48), interim reporting, and financial statement disclosure requirements.
- Experience reviewing and quality-assuring income tax provision workpapers in a large U.S. public company or similarly complex environment.
- Proficiency with tax provision software (ONESOURCE Tax Provision), Oracle FCCS/ERP and advanced Microsoft Excel skills.
- Experience supporting Big 4 external auditor review of income tax provisions.
- Strong written and verbal communication skills - able to articulate complex tax technical positions clearly for both tax and non-tax audiences.
Added Fuel if you have: - Master's degree in Taxation (MST) or Master's in Accounting.
- A combination of public accounting and U.S. public company in-house experience is strongly preferred.
- Familiarity with ASU 2023-09 enhanced income tax disclosure requirements.
- Exposure to GILTI/FDII, Pillar Two / OECD global minimum tax, or other international income tax concepts with ASC 740 implications.
- Solid understanding of Canadian federal and provincial corporate income tax sufficient to analyze provision issues for Canadian entities.
- Prior experience with M&A tax accounting analysis, purchase accounting under ASC 805, or tax attribute analysis in connection with acquisitions.
#LI-GL1#LI-REMOTEDBCORPPosition Location:
North Carolina
Compensation Range:
$98,300.00 - $175,500.00
Compensation Frequency:
Annual
Base pay offered may vary depending on actual location, job-related knowledge, skills, and experience. Supplemental pay types may include commissions or bonus incentives, depending on the role. Driven Brands offers a variety of health and wellness benefits including paid time off and holiday pay. Details regarding our benefits can be found here: https://www.drivenbrandsbenefits.com
Get early access to 50% of your earned wages at any time through our myFlexPay program.
