Tax Director

The Director - Income Tax oversees all aspects of U.S. federal and state income tax compliance, planning, and financial reporting under ASC 740. It also includes strategic oversight of property tax matters. The position ensures accurate, timely, and compliant tax positions while minimizing tax risk and supporting the company's overall financial and operational objectives. This is a key leadership role within the tax department, involving collaboration with finance, accounting, legal, and operations teams, as well as external advisors and taxing authorities.

Your Day Consist Of:

Income Tax Provision and Financial Reporting (ASC 740)

• Lead the preparation, review, and analysis of the quarterly and annual U.S. income tax provisions in accordance with ASC 740, including current and deferred tax calculations, uncertain tax positions (FIN 48), valuation allowances, and effective tax rate reconciliation.
• Record income tax entries monthly and ensure all income tax related accounts in the financial statements are properly stated and reconciled monthly.
• Ensure accurate tax accounting for complex items such as stock-based compensation, fixed assets, inventory, leases, acquisitions/dispositions, and other transactions.
• Prepare and review tax-related footnotes and disclosures for SEC filings (10-K, 10-Q), including rate reconciliations and other required information.
• Monitor and assess the impact of new tax legislation, accounting standards, and regulatory changes on the company's tax provision and financial statements.

Tax Compliance and Filings

• Oversee the preparation and timely filing of all federal and state corporate income tax returns, including consolidated returns and any related schedules or attachments.
• Manage multi-state income tax compliance, including apportionment, nexus determinations, and state-specific tax matters relevant to a retail business (e.g., sourcing of sales for income tax purposes).
• Coordinate with external tax preparers or service providers as needed, while maintaining internal ownership and review processes.

Tax Planning and Strategy

• Identify and evaluate tax opportunities related to retail operations, such as credits, deductions, incentives, and structuring of business activities.
• Develop and implement domestic tax planning strategies to optimize the company's effective tax rate while ensuring compliance with all applicable laws and regulations.
• Provide proactive tax advice to business units on the tax implications of operational decisions, capital investments, and strategic initiatives.

Property Tax Oversight

• Direct the company's property tax function, including compliance with real and personal property tax returns, assessments, and payments across all jurisdictions.
• Collaborate with internal real estate, finance, and operations teams to support accurate asset reporting for property tax purposes.

Team Leadership and Process Improvement

• Lead, mentor, and develop a team of tax professionals, setting priorities, conducting performance reviews, and fostering a high-performance culture.
• Establish and maintain strong internal controls and processes for tax compliance and reporting, including SOX compliance where applicable.
• Drive efficiency through technology, automation, and best practices in tax operations.

Cross-Functional Collaboration

• Collaborate with accounting and financial reporting teams to provide forecasted effective tax rate projections under a variety of scenarios
• Partner with Accounting, FP&A, and external auditors on tax-related matters impacting financial statements.

You’ll be Successfull With:

• Deep expertise in ASC 740 tax accounting and provision processes.
• Must possess excellent customer service skills and work well under pressure
• Ability to multi-task, meet deadlines, and work in a fast-paced environment
• Proven problem-solving and team building skills
• In-depth knowledge of income tax requirements and internal controls related to income tax
• Ability to research tax related topics and present to the Corporate Controller, CFO, and internal and external auditors
• Drive process improvements and develop systematic processes
• Ability to analyze, solve problems, and adapt to changing organizational and operational needs

Experience & Education

• Bachelor's degree in accounting required, Master’s preferred
• CPA required
• 8-10 years of progressive income tax experience
• Proficiency with tax software (OneSource) and general ledger systems (Oracle) preferred

Big 4 public accounting experience preferred