Tax Accounting Manager

Overview

Who we are

Collaborative. Respectful. A place to dream and do. These are just a few words that describe what life is like at Toyota. As one of the world’s most admired brands, Toyota is growing and leading the future of mobility through innovative, high-quality solutions designed to enhance lives and delight those we serve. We’re looking for talented team members who want to Dream. Do. Grow. with us.

An important part of the Toyota family is Toyota Financial Services (TFS), the finance and insurance brand for Toyota and Lexus in North America. While TFS is a separate business entity, it is an essential part of this world-changing company- delivering on Toyota's vision to move people beyond what's possible. At TFS, you will help create best-in-class customer experience in an innovative, collaborative environment.

To save time applying, Toyota does not offer sponsorship of job applicants for employment-based visas or any other work authorization for this position at this time.

Who we’re looking for

The Tax Accounting Manager will support the TFS Corporate Tax department as the manager of the quarterly and annual income tax provision and financial statement disclosure process as well as the income tax compliance process.  The primary responsibilities include the daily management of the computation and review of the income tax provision, accounting close process, financial statement audit related to tax accounting and Federal and state income tax returns.  The Tax Accounting Manager will work closely with other Corporate Tax professionals in a team environment with significant interaction with the Accounting & Finance leadership team, accounting, operational and cross-affiliate groups, and external auditors and outside advisors.

What you’ll be doing

Manage all aspects of tax accounting for the U.S. consolidated group and other U.S. entities as applicable in a paperless work environment.

• Responsible for the computation and review of the quarterly and annual income tax provision in accordance with U.S GAAP and IFRS including the development and accuracy of the effective tax rate.

• Manage the financial statement audit related to the tax accounting process to ensure a comprehensive, timely and accurate preparation.  Complete the tax accounting close process that results in no financial statement restatement or out-of-period adjustments.

• Issue identification and development of supporting documentation for all tax account balances including deferred tax assets/liabilities, income tax payable, FIN48, valuation allowance, and return-to-provision true-up.

• Preparation of the tax footnote and other tax disclosures for SEC reporting on Forms 10-K and Q, separate audited financial statements, and foreign parent reporting.

• Develop strong working relationships with accounting, finance, treasury, and operation teams to collaborate and implement tax strategies and mitigate exposures in coordination with external auditor and third-party advisors.

• Function as the subject matter expert with the ability to explain complex tax accounting matters and make recommendations impacting the financial statements to Tax/Accounting/Finance leadership and management.

• Remain current on latest tax law and legislative changes.  Coordinate research and/or prepare technical memoranda on various tax issues as required.

• Evaluate processes and tools and coordinate efforts to improve and streamline tax provision processes to gain efficiency, enhance accuracy, and implement best practices.

• Manage and monitor SOX 404 compliance over the tax accounting process including internal and external reviews.

• Manage, mentor, and evaluate tax staff and business partners.  Train, develop, and recruit talent for the income tax team.

Assist in managing all aspects of income Tax compliance for the U.S. consolidated group and other U.S. entities.

• Assist in the review of original and amended income, capital tax and information returns, estimated tax and extension to file requests.

• Assist in managing preparation and ensuring filings are prepared in a comprehensive, timely and accurate manner.

• Assist in managing tax compliance preparation with consideration of financial statement reporting and taxing authority audits.

• Assist in supporting tax audit, planning, and project functions as necessary and ensuring audit exposures are appropriately addressed for financial statement purposes.

• Assist with ad-hoc projects and initiatives as necessary.

What you bring

• Four-Year College Degree (BA or BS) Accounting, Finance, or related field of s