Tax Accounting Manager

Overview

Who we are

To save time applying, Toyota does not offer sponsorship of job applicants for employment-based visas or any other work authorization for this position at this time.

Who we’re looking for

The Tax Accounting Manager will support the TFS Corporate Tax department as the manager of the quarterly and annual income tax provision and financial statement disclosure process as well as the income tax compliance process.  The primary responsibilities include the daily management of the computation and review of the income tax provision, accounting close process, financial statement audit related to tax accounting and Federal and state income tax returns.  The Tax Accounting Manager will work closely with other Corporate Tax professionals in a team environment with significant interaction with the Accounting & Finance leadership team, accounting, operational and cross-affiliate groups, and external auditors and outside advisors.

What you’ll be doing

Manage all aspects of tax accounting for the U.S. consolidated group and other U.S. entities as applicable in a paperless work environment.

• Responsible for the computation and review of the quarterly and annual income tax provision in accordance with U.S GAAP and IFRS including the development and accuracy of the effective tax rate.

• Manage the financial statement audit related to the tax accounting process to ensure a comprehensive, timely and accurate preparation.  Complete the tax accounting close process that results in no financial statement restatement or out-of-period adjustments.

• Issue identification and development of supporting documentation for all tax account balances including deferred tax assets/liabilities, income tax payable, FIN48, valuation allowance, and return-to-provision true-up.

• Preparation of the tax footnote and other tax disclosures for SEC reporting on Forms 10-K and Q, separate audited financial statements, and foreign parent reporting.

• Develop strong working relationships with accounting, finance, treasury, and operation teams to collaborate and implement tax strategies and mitigate exposures in coordination with external auditor and third-party advisors.

• Function as the subject matter expert with the ability to explain complex tax accounting matters and make recommendations impacting the financial statements to Tax/Accounting/Finance leadership and management.

• Remain current on latest tax law and legislative changes.  Coordinate research and/or prepare technical memoranda on various tax issues as required.

• Evaluate processes and tools and coordinate efforts to improve and streamline tax provision processes to gain efficiency, enhance accuracy, and implement best practices.

• Manage and monitor SOX 404 compliance over the tax accounting process including internal and external reviews.

• Manage, mentor, and evaluate tax staff and business partners.  Train, develop, and recruit talent for the income tax team.

Assist in managing all aspects of income Tax compliance for the U.S. consolidated group and other U.S. entities.

• Assist in the review of original and amended income, capital tax and information returns, estimated tax and extension to file requests.

• Assist in managing preparation and ensuring filings are prepared in a comprehensive, timely and accurate manner.

• Assist in managing tax compliance preparation with consideration of financial statement reporting and taxing authority audits.

• Assist in supporting tax audit, planning, and project functions as necessary and ensuring audit exposures are appropriately addressed for financial statement purposes.

• Assist with ad-hoc projects and initiatives as necessary.

What you bring

• Four-Year College Degree (BA or BS) Accounting, Finance, or related field of study

• Relevant work experience (in similar field and/or industry) Big 4 public accounting firm or large private industry experience with financial services industry a plus.

• Active CPA certification

• Microsoft Office products – Strong user of Excel, Word, Access, PowerPoint, etc.

• Solid tax and accounting background in U.S corporate taxation and ASC 740/IAS 12. 

• Strong analytical/critical thinking, organizational, and attention to detail skills. 

• Ability to work well independently and in a team setting.

Added bonus if you have

• Advanced Degree. Master’s Degree in Accounting or Taxation.

• Manager level work experience (in similar field and/or industry) Big 4 public accounting firm or large private industry experience with financial services industry a plus.

• Software – Working knowledge with Corptax (provision and compliance), SAP, Hyperion Financial Management reporting (HFM), Power Query, Alteryx, Tableau, etc.

What we’ll bring

During your interview process, our team can fill you in on all the details of our industry-leading benefits and career development opportunities. A few highlights include:

• A work environment built on teamwork, flexibility, and respect

• Professional growth and development programs to help advance your career, as well as tuition reimbursement

• Team Member Vehicle Purchase Discount

• Toyota Team Member Lease Vehicle Program (if applicable)

• Comprehensive health care and wellness plans for your entire family

• Toyota 401(k) Savings Plan featuring a company match, as well as an annual retirement contribution from Toyota regardless of whether you contribute

• Paid holidays and paid time off

• Referral services related to prenatal services, adoption, childcare, schools and more

• Tax Advantaged Accounts (Health Savings Account, Health Care FSA, Dependent Care FSA)

• Relocation assistance (if applicable)

Belonging at Toyota

Our success begins and ends with our people. We embrace all perspectives and value unique human experiences. Respect for all is our North Star. Toyota is proud to have 10+ different Business Partnering Groups across 100 different North American chapter locations that support team members’ efforts to dream, do and grow without questioning that they belong.

Applicants for our positions are considered without regard to race, ethnicity, national origin, sex, sexual orientation, gender identity or expression, age, disability, religion, military or veteran status, or any other characteristics protected by law.

Have a question, need assistance with your application or do you require any special accommodations? Please send an email to talent.acquisition@toyota.com.