Assistant Director, International Tax

Sony Corporation of America, located in New York, NY, is the U.S. headquarters of Sony Group Corporation, based in Tokyo, Japan. Sony's principal U.S. businesses include Sony Electronics Inc., Sony Interactive Entertainment LLC, Sony Music Entertainment, Sony Music Publishing and Sony Pictures Entertainment Inc. With some 900 million Sony devices in hands and homes worldwide today, a vast array of Sony movies, television shows and music, and the PlayStation Network, Sony creates and delivers more entertainment experiences to more people than anyone else on earth. To learn more: www.sony.com/en.
 

POSITION SUMMARY 

This individual will be responsible for US international compliance and reporting for the Music business segment of Sony Corporation of America (“SCA”). The responsibilities include preparation and analysis of GILTI, Subpart F, §163j, withholding taxes, BEAT, PTEP calculations for 5471 reporting. In addition, this individual will be responsible for the IFRS tax provision for SCA foreign affiliates and ensuring that Sony is compliant with Sarbanes-Oxley Section 404. The position will report to the Director – International Tax Reporting and Compliance, SCA.

JOB RESPONSIBILITIES 

• Assist in review and analysis of income tax provision reporting for foreign subsidiaries in the Sony Corporation of America consolidated group (including subsidiaries in foreign joint ventures)

• Prepare, review and analyze key international tax compliance issues relating to Federal Forms 5471, 8858, 8865, 1118, 5713, 8990 and 8992. Should have a strong understanding of E&P, Subpart F, GILTI, FTC and Section 861 expense allocation. Prepare and review required elections and disclosures such as check-the-box elections, DCL, GRA etc.

• Review and supervise preparation of supporting documentation of earnings and profits pool, FTC pool, PTEP and tax basis for all foreign subsidiaries.

• Research tax issues for planning and compliance purposes and draft memoranda to support and document conclusions and assist in review and analysis of transactions to determine any tax and reporting impact .

• Plan and communicate the level of dividends, monitor the payment of dividends, track and maintain previously tax earnings and profits, compute the impact of foreign exchange gains and losses of remitted and unremitted earnings for US tax accounting and compliance purposes.

• Assist tax controversy teams with international issues for Federal and state tax audits.

• Train, supervise, and guide the team in various compliance procedures, as well as US tax technical analysis. Educate cross-functional colleagues in tax concepts and issues relating to international tax compliance and reporting, to foster strong relationships with business partners and functional area experts of the company.

QUALIFICATIONS FOR POSITION 

Your qualifications and experience should include:  

• Certified Public Accountant (CPA) and/or Master’s degree in taxation, or equivalent experience is desired.

• A minimum 10 years of experience, including International Tax Experience in Public Accounting and/or Private Industry.

• Must demonstrate strong ability to effectively manage automated processes and implement automated

• solutions.

• Must demonstrate leadership experience in effectively managing and developing people, developing relationships, working collaboratively with teams and multi-tasking.

• Effective verbal and written communication skills; strong organizational skills and attention to detail and strong commitment to meeting deliverables timely and effectively.

• Experience with Corptax software and technology and process improvement solutions is a plus.

• Strong understanding of financial statements, general ledgers and local statutory reporting

• Understanding and research experience within the Federal Income Tax Code and Regulations

• Excellent written and verbal communication skills and collaborative teammate

• Must be eligible to work unrestricted in the USA.

In addition to competitive pay and benefits, we offer an environment and culture that promotes Diversity, Equity, and Inclusion. We are committed to creating an inclusive employee experience for you to thrive as part of Sony’s purpose to “fill the world with emotion through the power of creativity and technology”. 

Benefits:    

SCA offers benefits-eligible employees (generally regular employees scheduled to work 20 or more hours a week) a comprehensive benefits program that offers coverage and support for employees and their family’s physical, emotional, and financial well-bei