Sr. Tax Manager

KONE, founded in 1910, is one of the largest, award-winning elevator companies in the world and our offering for employees is as competitive as our offering for customers. Not only do we provide highly competitive salaries, company vehicles for specific roles, and world-class benefits for our salaried employees - we also pride ourselves on our culture and principles. Innovation, sustainability, collaboration and ethical business practices are just some of the pillars that we use to define our own success. Come join our family in KONE Americas to be a part of something big!

The Senior Tax Manager will lead the tax department for KONE in the US (including all KONE entities – KONE Inc., KONE Holdings Inc, Marine Elevators LLC, and ENOK.)  The responsibility for compliance includes all tax areas; Federal and State Income tax, Sales and Use tax, and all other tax requirements.  The responsibility for compliance will also include all US licensing, including Business Licenses, Contractors Licenses, and annual reports.  Both Tax and License compliance includes Federal, State, City, and County requirements.

This person will plan, prepare, and deliver timely and accurate Tax returns and Payments ensuring we comply with all relevant regulations. This role encompasses Tax administration, Tax planning activities, all tax calculations, preparing supporting documents etc., and working with our partners (Deloitte etc.) ensuring 100% compliance in every tax area.

This role also encompasses Tax accounting and reporting – both for KONE internally and externally. This includes ensuring accurate accounting, reporting and analysis of assigned balance sheet and statement of income accounts in accordance with KONE Accounting Standards (KAS), Generally Accepted Accounting Principles (GAAP), and International Accounting Standards (IAS).

This role is expected to lead, manage, and successfully defend KONE position in all Tax Audits (Income tax as well as Sales & Use tax). This person will design and implement the changes resulting from audit learnings and drive the change in the KONE business process. This role will support the KONE Auditors (currently EY) with the annual external audit as well.  The role will lead the Tax team in the US.

JOB OVERVIEW

As Sr. Tax Manager your responsibilities will be:

Tax Compliance 

• Responsible for overall management, review and timely tax compliance across all jurisdictions. 

• Primary tax reporting and compliance function is focused on preparation of corporate income tax returns including timely completion of tax work; ensuring 100% tax filings are done on time and accurately – including timely payments made to ensure compliance.   This includes preparation of taxable income and book-tax adjustments and providing information in a timely manner to Deloitte for preparation of consolidated US Corporate Income tax return and State Returns.  Also responsible to complete preparation of City / Local Tax returns and filing them on time. Responsibilities also include preparation of extension requests and amounts, estimated tax vouchers and amounts, working various statements / apportionment data etc.  

• Responsible for timely reporting of all Tax information, Estimates etc. 

• Review of working papers, schedules, reports and other correspondence - for all Income as well as Sales & Use Tax returns 

• Coordination of all information and analysis necessary for timely filing and preparation of all required tax filings 

• Preparation and maintenance of Tax Calendar and compliance dashboard for all tax requirements across US 

• Responsible for ensuring complete tax accounting, controls, reconciliation and reporting are done accurately; ensuring the monthly P&L and Balance Sheet reflect the accurate tax positions; this includes preparing journal entries, reconciliation, ensuring true-ups are done; and cash flow forecasts provided planned tax payments for the month; 

• Consistently applying appropriate accounting policies and proactively recommend updates and revisions as appropriate.  Establish control framework for Tax accounting; ensure compliance to KONE Accounting Standards (KAS) and KONE Internal Control Standards;  

• KONE and other tax reporting responsibilities (Monthly, Quarterly, Annual etc.) 

Tax Planning & Analysis + Tools 

• Evaluating new technologies to streamline processes and/or improve information flow 

• Overall responsibility to manage the Tax tool upgrade projects – from start to successful go-live; and also, to ensure properly reconciling ERP vs Tax tools at regular intervals; 

• Remain current on new tax legislation in relevant jurisdictions.  

• Complete complex tax analysis that