Income Tax Accounting Manager

Job Summary

The Tax Manager will be a key contributor to the corporate tax organization of Quaker Houghton and will be responsible for supporting the team with the accounting of income taxes for both the consolidated group as well as foreign business units, ensuring full compliance with Sarbanes-Oxley (SOX) requirements, ASC 740, and external auditor expectations.

Job Description

Responsibilities:

The responsibilities of the Tax Manager include, but are not limited to:

• Manage the submission and review process for quarterly and annual US and Foreign tax packages.
• Assist the team to ensure that the current and deferred tax account balances of our global subsidiaries are accurately stated and properly classified through quarterly and annual review and validation of their income tax reporting and resolution of income tax accounting issues, as well as coordinated training if/where needed.
• Assist the team in managing SOX internal controls compliance and reporting in the area of income tax accounting, and with the development of audit ready files to support the audit of the Company’s tax provision; and provide assistance and coordination with IRS/state/foreign tax audit matters, as needed.
• Assist with the preparation of tax footnotes including supporting schedules, as well as other financial statement disclosures.
• Assist in the preparation of consolidated return and other tax filings for federal, state and U.S. international income tax compliance as well as the compliance requirements for other business units as necessary.
• Review/assist in the measurement of and accounting for uncertain tax positions.
• Review/assist in determining the Company’s APB23 assertion.
• Analyze and document the need for valuation allowances for global subsidiaries including sensitivity analysis and other analytics to assess the realizability of deferred tax assets and the ability to communicate and explain these positions to management and auditors.
• Analyze global tax attributes while actively participating in special projects such as section 382 studies, analysis of earnings and profits, stock basis calculations, and the research of technical accounting issues.
• Research and monitor tax law changes throughout the world and the related financial statement implications including U.S. Tax Reform and related regulations issued by the U.S. Treasury and the state taxing authorities. As needed, prepare technical memoranda documenting analysis and conclusions.
• Coordinate, supervise or review the activity of outside service providers relating to income tax provision and/or income tax compliance matters.
• Collaborate with finance, treasury, and other functional teams, e.g., to align data flow requirements that effectively meet global reporting and compliance requirements.
• Support special projects including due diligence for acquisitions and purchase accounting, and provide information and support for tax planning, as needed.

About Us

At Quaker Houghton, we are experts in the development, production and application of industrial process fluids, lubricants and coatings for the manufacturing industry. We have been an integral part in the growth of the world’s largest industrial and manufacturing companies from aerospace and automotive to primary metal and energy. Today, we have a global presence, with our corporate headquarters located in Conshohocken, PA. Quaker Houghton is a global publicly traded company with a unique collaborative culture that supports career growth for its associates and offers competitive compensation and benefit programs.

What's in it for you

• Competitive pay programs with excellent career growth trajectory

• Paid time off for volunteerism

• Dress for your day; how you dress is determined by what your day may bring

• Opportunity to participate in comprehensive benefit options including: Medical, Dental, Vision, Parental Leave, Holiday Pay, Paid Time Off, Tuition Reimbursement, and Savings Plan

• Work for a global leader in the industrial process fluids industry

Quaker Houghton provides equal employment opportunity for all qualified candidates. Quaker Houghton does not discriminate against any candidate for employment based on race, color, religion, sex, gender, gender identity or expression, affectional or sexual orientation, pregnancy, age, creed, ancestry, national origin, citizenship, marital or domestic partnership or civil union status, veteran’s status, physical/mental disability, genetic information, or any other category protected by U.S federal, state, and/or local employment law. Furthermore, Quaker Houghton is committed to providing reasonable accommodations to qualified candidates with physical and/or mental disabilities.