Senior Tax Manager

Senior Manager, Tax Accounting (ASC 740)

Location: Chicago, IL 60661 Monday to Friday 8am to 5pm (Hybrid Schedule)

Salary Range: $185,000 – $192,000 based on experience + 15% bonus "bonus eligibility and amount are based upon company and/or individual performance."

Position Overview

The Senior Manager, Tax Accounting is responsible for consolidated global interim and annual ASC 740 income tax provision calculations and disclosures . This role supports quarterly SEC reporting, oversees key tax accounting processes, and collaborates with internal stakeholders to ensure accurate financial reporting and compliance with U.S. GAAP.

• Develop and support current and deferred tax amounts included in U.S. GAAP audited financial results reported quarterly to the SEC.
• Prepare and analyze income tax provisions and related disclosures under ASC 740 .
• Partner with tax colleagues to develop effective tax rate reconciliations and tax cash-flow support for management.
• Identify known or expected changes in tax legislation, tax audits, and projected book-to-tax differences.
• Maintain and update the detailed inventory of deferred tax assets and liabilities and uncertain tax position reserves.
• Oversee balance sheet tax accounts and review related account reconciliations.
• Assist with tax accounting methods and evaluate their impact on external financial reporting.

Tax Advisory & Compliance

• Assist the Tax Director in advising internal stakeholders on income tax accounting matters.
• Interpret tax statutes and regulations, monitor legislative developments, and advise management on relevant changes.
• Ensure adherence to SOX controls within the tax function.

Process Improvement & Projects

• Identify, initiate, and support improvements in tax processes, systems, and automation.
• Manage domestic and international post-acquisition tax integration , including tax entries related to U.S. GAAP purchase accounting.
• Assist with monitoring transfer pricing policies and supporting documentation.
• Lead and support tax accounting special projects.
• Perform additional duties as assigned.

Supervisory Responsibilities

• Manage and oversee the work of tax professionals, including planning, assigning, scheduling, and reviewing work to ensure quality standards.
• Participate in hiring, training, performance reviews, and development of staff.
• Provide guidance, set priorities, and help resolve complex issues within the team.

Education & Experience

• Bachelor’s degree in Accounting, Finance, or related field.
• CPA certification required.
• 10+ years of related income tax experience in public accounting or within a large multinational public company tax department.
• 3+ years of supervisory or management experience leading associates and projects.
• Strong understanding of U.S. GAAP including ASC 740 and ASC 805 .
• Strong knowledge of domestic and/or international tax statutes and regulations.

Preferred Qualifications

• Master’s degree in Taxation or Accounting.
• Experience with OneSource Income Tax and Provision software .
• Experience using tax research platforms such as Bloomberg, CCH, or Checkpoint.
• Experience with Oracle ERP systems .
• Paid Time Off (Accrual rate dependent on time with company)
• 401k with Generous Company Match
• Company Paid Life Insurance and Long-Term Disability
• Short-Term Disability
• Employee Assistance Program
• Tuition Assistance Program
• Employee Discounts

Equal Opportunity Employer/Veterans/Disabled

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