Job DescriptionThe Tax Manager, U.S. Federal Income Tax, is responsible for assisting with the Company's U.S. federal income tax planning, global tax provision under ASC 740, U.S. federal income tax, excise tax, and withholding tax compliance, including tax payments, and related audit defense. The Tax Manager partners closely with Accounting, Financial Reporting, Treasury, Global Technology, external advisors, and other members of the Tax Department to ensure accurate tax reporting and compliance while supporting strategic business initiatives, such as acquisitions. Reporting to the Director, Global Tax Operations, this position also supports continuous process improvements through the use of technology, such as AI, developing, automating, and maintaining tax and financial models, and implementing and maintaining tax provision software.
The U.S. Tax Manager will join a world-class tax department providing business and technical advice, strategy, training, and guidance on tax issues throughout the global network that is Expeditors International of Washington, Inc. and its subsidiaries ("Expeditors"), a publicly traded Fortune 500 company (NYSE: EXPD) based in Bellevue, Washington. The successful candidate will also work with the VP, Global Tax, on strategic projects, executive presentations and reports for the CFO and the Board of Directors, and manage professional fees forecasts on a monthly basis.
Primary ResponsibilitiesIncome Tax Provision (ASC 740)- Manage the quarterly and annual global tax provision process
- Prepare and review current and deferred federal tax calculations
- Analyze permanent and temporary differences and maintain supporting tax basis schedules
- Calculate and document effective tax rate reconciliations
- Prepare deferred tax asset and liability analysis
- Assess and document the realizability of deferred tax assets, including valuation allowance considerations, and the need for uncertain tax positions
- Preparation or review of tax-related journal entries
- Prepare financial statement tax disclosures
- Periodically refresh internal controls for income taxes and maintain quarterly SOX-compliant documentation
- Monitor changes in ASC 740 tax accounting rules
Federal Income Tax Compliance- Manage the preparation, review, and filing of federal income, withholding, and excise tax returns
- Calculate and coordinate estimated tax payments, extensions, and return filings
- Review workpapers and supporting documentation for accuracy and completeness
- Monitor changes in federal income tax legislation, regulations, and case law to evaluate impacts to the Company
- Manage return-to-provision adjustments and tax account reconciliations
- Coordinate with external service providers and advisors on compliance matters
- Collaborate with Global Technology and manage the U.S. R&D tax credit study with the help of specialists at public accounting firms
Tax Audits and Controversy- Manage federal tax examinations and information requests
- Coordinate responses to taxing authority notices
- Research technical tax issues and develop support for tax positions
- Maintain documentation supporting tax positions and audit defense
Business Partnership and Planning- Collaborate with Accounting, Finance, and other business teams on transactions
- Evaluate the tax implications of business initiatives and organizational changes
- Assist with federal tax projects to optimize the Company's overall tax position
- Support forecasting of cash taxes and effective tax rates
- Identify opportunities for process improvements, automation, and enhanced reporting
Leadership and Process Improvement- Supervise and mentor tax staff and senior tax professionals
- Review work products to ensure quality and adherence to departmental standards
- Collaborate with the Director of Global Tax Operations to enhance tax provision, compliance, and reporting processes through automation, standardization, and implementation of tax technology and best practices across the tax function
TravelRare, but possibly for internal and external training purposes; valid passport/authorized to travel internationally required.
Qualifications- Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not transfer or sponsor applicants for U.S. work authorization (such as an H-1B visa) for this opportunity.
- Bachelor's degree in Accounting, Finance, or related field
- CPA certification preferred
- 6+ years of progressive corporate income tax experience, including ASC 740 tax accounting
- Strong knowledge of:
- U. S. federal income taxation and general tax compliance
- ASC 740 accounting for income taxes, including deferred tax accounting
- Experience with tax provision software and enterprise financial systems
- Advanced Excel skills
- Excellent analytical, organizational, and project management abilities
- Impeccable integrity, honesty, and trustworthiness while also understanding the appropriate initiative and work ethic dictated by Company leadership
- Sound judgment, discretion, and the ability to exercise appropriate independent initiative while remaining aligned with Company leadership and business objectives
- Demonstrated experience advising on international compliance matters, including anti-corruption, sanctions, export controls, and regulatory investigations (preferred)
- Experience in logistics, transport, and related sectors preferred
- Strong analytical, interpersonal, written, and verbal communication skills
- Excellent organizational skills with a high level of attention to detail and accuracy
- Excellent business judgment and ability to work independently and collaboratively as part of a team
- Fluent oral and written English required with additional language ability an additional preference
- Technical tax expertise
- Problem solving and research, an improvement mindset, and project and team leadership
- Financial reporting acumen
- Ability to manage multiple deadlines in a fast-paced environment
Preferred Qualifications - Public accounting experience in a national or Big Four firm
- Experience with Fortune 500 US-multinational company
- Familiarity with SOX controls and public company reporting requirements
- Experience managing external advisors and tax technology initiatives
Additional InformationExempt Base Annual Salary: $120,000 base salary plus quarterly bonus based on the operating income of the company
Expeditors offers excellent benefits:
- Paid Vacation, holiday, sick time
- Paid Sick Time (accrual rate of 1 hour of sick time per 30 hours paid)
- 401(k) Retirement Savings Plan with employer match
- Employee Stock Purchase Plan (ESPP)
- Medical, Prescription Drug, Dental & Vision Coverage
- Health Savings Account (HSA)
- Life and Disability Insurance
- Paid Parental Leave (additional eligibility criteria)
- Dependent Care Flexible Spending Account (DC FSA)
- Commuter Benefit
- Employee Assistance Program (EAP)
- Learning & Development Program
- Educational Assistance and Reimbursement
