Director Tax AdvanSix Honeywell Morris Plains

Job Description: • 2-minute read •
AdvanSix is looking for a Director, Tax to join this to be publicly traded, stand-alone company. AdvanSix is being formed as a result of Honeywell’s recent announcement to spin-off the Resins and Chemicals business.
The AdvanSix Tax Director is responsible for initiating and implementing tax planning, monitoring industry issues, and analyzing legislative proposals to maximize global tax savings opportunities and contribute to shareholder value while fulfilling global tax compliance and reporting obligations.
The AdvanSix Tax Director also manages and advocates the Company’s tax positions in all tax examinations as well as participates in developing tax controversy strategies.
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Compliance-related activities involve managing outside service providers globally for all areas of tax including US Federal and State and local foreign income tax, VAT, personal property, real estate and sales and use tax. It also includes being responsible for the accounting for income taxes and tax reporting for US GAAP and local statutory purposes, Sarbanes-Oxley, preparing tax forecasts, evaluating the tax effect and implications of business strategies and proposals, and transfer pricing processes.

Responsibilities:

 Planning – Partner with business to proactively identify and research tax planning opportunities. Implement structural and non-structural tax planning strategies, which maximize savings on a defensible basis. Work with businesses to develop and implement tax efficient transfer pricing policies. Interact with business and other individuals to ensure proper implementation of all tax planning projects. Advise on and ensure proper tax treatment for all M&A activity.
 Financial Reporting – Lead the Company’s accounting for income taxes (FAS 109) process and related financial statement disclosures, particularly deferred tax computations, and Sarbanes-Oxley process.
 Business/Transactional Activities – Manage and participate in reviews of ongoing business activities and proposed transactions to properly advise management of tax consequences and opportunities, with emphasis on tax efficiency and compliance with legal requirements.
 Tax Audits and Controversies – Support and partner with Company personnel to successfully defend filing positions and to negotiate favorable resolutions of proposed deficiencies. Facilitate activities of outside advisers engaged to assist in tax controversy matters.
 Income Tax Compliance – Manage the global income tax compliance requirements for US Federal and State purposes as well as local Non-US country requirements, including the management of global cash taxes. Oversee and manage outside tax return service provider(s) as well as being the liaison between the Company and the outside providers. Identify, research and evaluate alternative tax positions in order to determine a supportable, cost effective filing position. Review the work papers and reporting position in the income tax returns for specific transactions. Assist in obtaining necessary information and documentation for use with tax returns, tax planning, and cash tax forecasts and work with the business to improve tax data collection processes.
 Indirect/Business Tax Compliance – Manage and be responsible for the global compliance requirements related to US property, real estate and sales and use tax as well as VAT and any other Non-US indirect taxes. This will include managing outside tax return service providers, reviewing and understanding tax return filings, working directly with the business to establish the proper compliance processes and monitor activity to reduce risk and ultimate tax costs. Will additionally need to collaborate with the business and outside providers to perform annual property or asset reviews, appeal annual assessments and lead/manage any tax examinations.
 Income Tax Accounting – Lead and be responsible for accounting for income taxes globally. This includes recording income tax provisions, reporting for US GAAP and Non-US statutory purposes (including disclosures) and reconciling all tax accounts.

Qualifications

Attributes/Skills Required/Sought:

In-depth technical knowledge of tax laws and regulations as well as tax accounting rules.
Excellent business acumen with a sound understanding of the tax implications of a multi-national manufacturing company.
Strong analytical and problem solving skills.
Demonstrated ability to develop innovative and creative solutions to complex issues.
Effective presentation skills.

Experience / Education Required/ Sought:

Bachelor’s Degree in tax or accounting, or a Bachelor’s Degree in a related field plus CPA or CA certification (or equivalent). Law degree or advanced degree with an emphasis in taxation preferred.
A minimum of 10 years directly related and progressively responsible tax experience
Big Four accounting experience desired.

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