Manager, International Tax Reporting and Compliance
Zoetis is a global animal health company dedicated to supporting customers and their businesses in ever better ways. Building on 60 years of experience, we deliver quality medicines and vaccines, complemented by diagnostic products and genetic tests and supported by a range of services. We are working every day to better understand and address the real-world challenges faced by those who raise and care for animals in ways they find truly relevant.Our name, Zoetis (z-EH-tis), has its root in zo, familiar in words such as zoo and zoology and derived from zoetic, meaning “pertaining to life.” It signals our company”s dedication to supporting the veterinarians and livestock producers everywhere who raise and care for the farm and companion animals on which we all depend.Zoetis is committed to equal opportunity in the terms and conditions of employment for all employees and job applicants without regard to race, color, religion, sex, sexual orientation, age, gender identity or gender expression, national origin, disability or veteran status.As a member of the corporate Tax function, this position reports directly to the Senior Director Tax Operations. This individual is responsible for managing the non-US income tax accounting process, the US international tax compliance, assist with tax planning and maintaining strong internal controls. Responsibilities * Assist in the maintenance of global tax reporting policies, procedures, internal controls and overall governance. * Calculation of the US tax consequences of foreign operations, including the preparation of earnings and profits analysis, calculations of foreign tax credits, Subpart F income, previously taxed income, undistributed earnings assertion, as well as identifying foreign source income for tax accounting, tax compliance and tax planning purposes. * Review of the U.S. consolidated foreign reporting requirements for federal income tax return purposes, including Forms 5471, 8858, and 1118. * Ability to perform accurate analysis and summarization of financial and tax information involving large volumes of financial data. * Coordinate and review non-US interim and year-end tax accounting submissions. * Assist with preparation and review of income tax footnotes and related disclosures. * Ensure interim consolidated effective tax rate and tax forecast are updated periodically and are complete and accurate. * Responsible for ensuring appropriate accounting treatment (US GAAP or potentially IFRS in the future) and the documentation of accounting conclusions reached, including research and writing of memorandums. * Assist in the analysis of new accounting pronouncements, changes in tax legislation and business changes to determine tax accounting and reporting implications. * Liaison with external auditors regarding income tax reporting matters. * Assist with operation and maintenance of SOX controls, including updates to tax-related SOX 404 documentation, control design, control testing, and remediation efforts. * Assist in due diligence and/or related supporting activities for mergers/acquisitions/dispositions. * Manage data and information needs for outside service providers. * Manage all domestic and foreign aspects required for the timely and accurate preparation and filing of all federal income tax returns. * Identify tax savings opportunities throughout the tax return review process. * Maintain US income tax compliance calendar for US international filings. * Identify, research and manage federal and international tax issues. * Liaise with other tax groups to ensure proper communication of reporting and compliance issues. Education * Undergraduate degree in accounting or equivalent.
* Masters in taxation highly preferred. * CPA strongly preferred. Experience * Minimum 5-7 years combined public accounting and/or corporate experience with emphasis on tax accounting, reporting and compliance.
* Comprehensive knowledge US federal tax laws. * Broad knowledge in other tax disciplines and related tax accounting treatment. * Experience maintaining tax accounting and compliance software, OneSource Tax Provision and OneSource Income Tax experience preferred.
* In depth knowledge of international tax concepts, such as foreign currency, cash repatriation, tax pools, foreign tax reconciliations, subpart F income, foreign tax credit calculation, Forms 5471, 8858, and 1118 reporting. * Experience in identifying, analyzing and communicating complex federal and US international income tax issues, tax accounting issues and related implications on the Company. * Knowledge of income tax reporting standards, including ASC 740, ASC 740-10 (Uncertainty in Income Taxes), IAS 12, among others a plus. Skills * Sense of ownership and comfort in a dynamic and evolving organization. * Strong process and project management skills, including ability to balance multiple priorities and meet deadlines. * Detail oriented, excellent analytical skills. * Excellent written, verbal and presentation skills with the ability to interact and team with lead of operations and co-source providers. * Strong Microsoft Excel skills