Senior Manager, Domestic Tax in Rosemont, Illinois at Alkar Holdings Inc
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Job Description
Midera Food Processing, Inc. and its subsidiaries design, manufacture, and supply food-processing equipment and solutions to customers around the world. Our equipment supports food preparation, cooking, packaging, handling, and food-safety operations across the protein and bakery industries.
About the PositionMidera is seeking an experienced Senior Manager, Domestic Tax to join its Corporate Finance organization in Rosemont, Illinois.
Reporting directly to the Vice President of Tax, this highly visible position will lead key domestic tax activities, including income tax accounting and reporting, federal and state income tax compliance, tax audits, and domestic tax-planning initiatives. The Senior Manager will work closely with finance leadership, business units, external auditors, and tax advisors to maintain compliance and identify opportunities to improve the company's tax position.
Key ResponsibilitiesTax Accounting and Reporting· Lead the quarterly and annual income tax provision process in accordance with ASC 740.
· Prepare and review current and deferred tax calculations, effective tax rate analyses, and tax-related financial statement disclosures.
· Manage the calculation, analysis, and documentation of deferred tax assets and liabilities.
· Evaluate uncertain tax positions and maintain supporting documentation.
· Calculate and monitor FIN 48 reserves, including related interest and penalties.
· Support external audit requirements related to income taxes and financial reporting.
Federal and State Tax Compliance· Oversee the preparation, review, and filing of federal and state income tax returns.
· Manage supporting tax schedules and calculations, including research and development tax credits, tax reform calculations, Schedule M adjustments and rollforwards, tax depreciation schedules, and uniform capitalization analyses.
· Review quarterly federal and state estimated tax payments and extensions.
· Monitor federal and state tax requirements and maintain compliance with changing laws and regulations.
Tax Audits and Controversy· Manage federal and state tax examinations, audits, and inquiries.
· Coordinate responses to notices from the Internal Revenue Service and state tax authorities.
· Maintain complete, audit-ready documentation supporting tax positions and filings.
· Work with internal stakeholders and external advisors to resolve tax matters efficiently.
Tax Planning and Business Support· Research and implement tax-planning strategies intended to improve the company's effective tax rate and cash tax position.
· Evaluate the tax implications of mergers and acquisitions, divestitures, corporate restructurings, and financing arrangements.
· Analyze state apportionment, nexus, tax credits, and incentive opportunities.
· Monitor legislative and regulatory developments and evaluate their effect on the company's tax profile.
Leadership and Collaboration· Develop strong working relationships with finance leadership, business units, and external service providers.
· Assist with monitoring and managing the company's global effective tax rate.
· Support sales and use tax matters as needed.
· Lead or participate in special projects and other tax initiatives requested by executive management.
Benefits:
Medical insurance
Health Savings Account (HSA) with company contribution
Flexible Spending Account (FSA) with company contribution
Dental insurance
Vision insurance
Company-paid disability insurance
Company-paid life insurance
Employee Assistance Program (EAP)
Paid holidays
Paid time off (PTO)
401(k) retirement plan
Midera Food Processing, Inc is an Equal Employment Opportunity (EOE/M/F/Vets/Disabled) employer and welcomes all qualified applicants.
Requirements:• 10 years of progressive US income tax experience
• Bachelor's and/or advanced degree in accounting and/or tax
• Experience with and strong understanding of SEC reporting, US GAAP, and income tax compliance
• Public accounting experience preferred
• CPA preferred
• Managerial experience preferred
• Manufacturing experience preferred
• OneStream experience preferred
Notice Regarding the Use of Artificial Intelligence in Application Review:Notice of AI Use in Job Application Review
As part of our commitment in creating a fair, efficient, and consistent hiring process we may use artificial intelligence (AI) to help our recruiting teams organize, summarize, and analyze information provided by candidates, including resumes, application responses, and other materials submitted during the application process.AI may be used to identify patterns, highlight relevant skills, and experience, and assist in comparing a candidate’s qualifications with the requirement of a specific role. These tools are to improve efficiency and consistency while supporting more informed hiring decisions, which will ultimately be made by the hiring team.