Director, International Tax Reporting

Relocation Assistance Offered Within Region
# 158269 - New York, New York, United States

Who We Are
Colgate-Palmolive Company is a caring, innovative growth company that is reimagining a healthier future for all people, their pets and our planet. Focused on Oral Care, Personal Care, Home Care and Pet Nutrition, we sell our products in more than 200 countries and territories under brands such as Colgate, Palmolive, elmex, hello, meridol, Sorriso, Tom’s of Maine, EltaMD, Filorga, Irish Spring, PCA SKIN, Protex, Sanex, Softsoap, Speed Stick, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Pet Nutrition.

We are recognized for our leadership and innovation in promoting sustainability and community wellbeing, including our achievements in decreasing plastic waste and promoting recyclability, saving water, conserving natural resources and improving children’s oral health.

If you want to work for a company that lives by their values, then give your career a reason to smile and join our global team!
 

We are looking for a Director, International Tax Reporting to lead our organization in international tax compliance and forecasting. In this role, you will use automated technologies (Alteryx and ONESOURCE) to steer our company through the complexities of U.S. tax law and reporting.  Your focus will be on reviewing actual and projected net US tax costs associated with income earned by controlled foreign corporations, foreign branches, and foreign partnerships. You will work with team members across finance and international tax to ensure seamless, timely, efficient, and accurate tax reporting and compliance.

The ideal candidate will have an in-depth knowledge of U.S. international tax rules, and experience managing and implementing automated processes, and managing and developing a top-performing technical tax team. 

What you will do

• Work with local finance teams to ensure timely submissions of information for foreign legal entities and review submissions for completeness
• Review the consolidated calculation of foreign branches' income, CFC Subpart F and Global Intangible Low Taxed Income (GILTI), and Foreign Derived Intangible Income (FDII), earnings and profits and foreign tax credits for the US tax return and quarterly forecasts. The review will encompass a detailed review of complex international calculations, tax attributes, and effects of business developments and foreign currency fluctuations, identifying and communicating key drivers of variances affecting the tax cost
• Review 861 expense allocation and apportionment workpapers
• Lead the team to complete all US tax return reporting for foreign subsidiaries which include tax system processing, preparation and review of Forms 1120 (for foreign branches), 1118, 5471, 8858, 8865, 5713, 8992 and 8993
• Manage Colgate’s global cash remittances, in coordination with Treasury and Regional tax COEs. 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 US tax purposes
• Work with the team on managing the Alteryx software to run workflows for international tax computations. Lead change and innovation, develop and implement automation and process improvement activities, including data standardization and analysis, through the utilization of existing and new technologies as well as work with our shared business service centers
• Lead and develop a team, including training them in various compliance procedures and 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 leaders 
• Monitor international tax developments and work closely with Senior Tax Leaders on interpreting proposed and/or new tax legislation and rulings. Model and present the impact of law changes for US tax reporting purposes

Required Qualifications

• Bachelor’s degree in Accounting
• Minimum of 12 years of experience in International Tax compliance, with a minimum of 5 years in a Big Four public accounting firm 
• In depth knowledge of U.S. tax provisions affecting international operations, including Subpart F, GILTI, FDII, Section 965, foreign tax credits, foreign exchange transactions, hyperinflation, and allocation and apportionment of expenses 
• Ability to read and interpret the IRC, treasury regulations, and related authority documents
• Experience managing automated processes and implementing automated solutions
• Excellent communication and organization skills, as well as a strong attention to d