Description:
Managing a team of 2-5 accountants, the Manager, Federal Income Tax is responsible for the Federal income tax provision and tax return, including all associated tax compliance functions. The manager also will be involved with identifying and assisting with implementing tax planning projects. The principal business responsibilities for this position are to maintain income tax filing compliance at the federal level and to accurately calculate the impact on the global tax provision. The person in this role interacts with a supervisor as frequently or infrequently as needed by either. All routine and many non-routine decisions may be made without a supervisor’s approval
Roles and Responsibilities
Tax Provision
Assist in preparing and reviewing quarterly and annual tax provision and tax account analysis using One Source and Hyperion tax provision software
Maintain fixed assets for Federal tax depreciation purposes
Responsible for monitoring, assessing and implementation of accounting method changes.
Responsible for monitoring, assessing and implementation of new tax laws
Work closely with outside audit firm to facilitate the tax team review of provision, tax returns and other matters
Research Federal tax issues and prepare monthly tax issues memos.
Review quarterly tax account reconciliations
Proactively partner with stakeholders within GameStop and externally
Federal Tax Compliance
Prepare and review Federal tax estimates, returns and extensions
Maintain Cash Forecasts for related tax compliance payments and receipts
Manage the CAP program with IRS, including communication, point of contact for queries and general correspondence, and overall relationship
Tax Planning
Responsible for monitoring and understanding forecasted Taxable Income /Loss and implications of changes in forecast to tax deliverables.
Participate in legal entity rationalization initiatives to ensure relevancy and optimal tax outcome.
Responsible for managing transfer-pricing studies and liaising with business and vendors to achieve best outcome for GameStop.
Responsible for R&D credit initiatives liaising with the appropriate business stakeholders and vendors
Tax Process and System Improvements
Work closely with State Income Tax function and International Tax function to achieve joint Tax goals
Manage tax vendors and responsibility for timely submission of month-end accruals
Responsibility to identify opportunities to improve processes and optimize tax systems and automation tools
Participate in the design and implementation of the company’s upcoming ERP implementation of Microsoft DC 365 and related systems for tax provision
Required Skills and Experience
Accredited bachelor’s degree in accounting, finance or a related field required
8+ years of federal corporate income tax experience required, some of which must be in Big 4 Tax function working on global multi-jurisdiction organizations and some in private industry
Experience with research, analysis and interpretation of Federal income tax laws.
Direct experience in identifying relevant Federal tax issues and ability to determine their potential impact to GameStop
Expert project planning skills, including the ability to organize, prioritize and control job responsibilities to meet deadlines in an environment with overlapping and competing priorities
Proficient knowledge of tax provision software including OneSource and Hyperion Tax Provision modules is a must
Preferred Skills and Experience
Experience in global, publicly traded organizations
CPA, MBA, MS Taxation or JD Taxation strongly preferred
Retail or multi-location tax experience preferred