Federal Tax Manager

BASIC FUNCTION:

Incumbent is responsible for International, Canadian and U.S. federal and state tax  obligations. This encompasses in-depth research and ensuring compliance with applicable tax laws and regulation governing the companyoperations. Moreover, the role involves  timely estimated payments, and financial statement reporting and disclosure of tax accruals in accordance with International Financial Reporting Standards (IFRS).  

Incumbent is also responsible for proactively managing audit exposure as well as  facilitating the execution and oversight of diverse international and local tax planning strategies aimed at optimizing the company's local and international tax position. Supervises assigned tax staff.

DIMENSIONS:

1.         Consolidated Sales                             Approximately $6.5 billion

3.         Locations/Divisions                            approximately 40-60 locations

4.         Business Segments                             2

5.         Countries                                            2 (US and Canada)

NATURE AND SCOPE:

This position is responsible for overall  tax planning, research, and compliance.  The International  Tax Manager reports directly to the Tax Manager who reports to the VP of Finance.

The incumbent provides management with guidance relative to tax issues and planning considerations, including recommendations and review of potential tax saving alternatives.

Tax planning is a creative approach primarily focused on reduction of tax expense and maximizing cash flow.  This requires a thorough knowledge of international tax laws, rulings, regulations, and court cases.  The ability to think creatively and an intimate knowledge of the Company’s business are essential.

The position operates in an environment redefined by corporate governance and tax transparency.  This environment imposes greater scrutiny on the tax department and highlights the importance of operating with effective policies and procedures in place to ensure compliance with diverse disclosure requirements.  The incumbent assists in the development and implementation of internal controls and procedures within the tax function to ensure effective risk management and compliance with Sarbanes-Oxley Section 404.

The incumbent is responsible for the preparation and recording of the consolidated income tax provision including financial statement reporting and disclosure of tax accruals in accordance with IFRS.  The incumbent provides the tax supporting documentation for the tax accrual disclosures in a timely manner for inclusion in Gerdau S.A.’s consolidated financial statements.

The company operates manufacturing facilities in Canada and the United States in a multi-corporate environment.  The company is also vertically integrated and engages in cross border financing transactions.  Canadian and the U.S. tax authorities impose strict regulatory requirements on acceptable documentation necessary to substantiate an equitable price for these transactions.  Creating and maintaining this documentation is a key responsibility of this position.

Tax compliance is an essential function of this position, and necessary, to avoid additional costs in terms of late penalties and interest.  The preparation of federal income tax returns, estimated income tax reports and forms, and calculation of estimated and installment payments are critical job elements.    These reports include information and withholding filings for cross border transactions.  Upon designated approval of tax reports, the incumbent prepares payment vouchers and submits appropriate book entries for proper recording.  When audits occur, works closely with tax officials to resolve compliance issues and minimize exposure.  The incumbent manages outside consultants on various assigned projects.

The position requires travel for the purpose of keeping abreast of tax issues and training, resolving tax disputes, and keeping familiar with Company operations.

BACKGROUND AND EDUCATION:

As a Tax Manager with 6-10 years of experience, specializing in cross-border tax planning and compliance. Prior experience with Brazilian, Canadian and US tax is highly desired. You will play a crucial role in ensuring adherence to tax regulations, optimizing tax strategies, working on ad-hoc projects, and providing strategic guidance to the organization. Previous experience with a Big4 accounting firm is a plus, showcasing a strong foundation in tax knowledge and compliance.

The incumbent should possess excellent written and verbal communication skills, and broad knowledge and abilities as may be demonstrated with a four-year accounting degree. CPA and/or advanced degree is preferred.