Senior Manager, Special Projects/US Tax

Posted 5 Days Ago
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Troy, MI
Hybrid
Senior level
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Dream big. With Us. Let's create the future of mobility, together.
The Role
The Senior Manager, Special Projects/US Tax will lead tax planning initiatives, advise on tax implications, and manage relationships with external advisors while overseeing team involvement in M&A and restructuring projects.
Summary Generated by Built In

What we offer:
At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.
Group Summary:
Magna is more than one of the world's largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.
Job Responsibilities:
About the Role:
The Senior Manager, Special Projects/ US Tax will support the Tax Department by advising on U.S. Federal and State tax implications arising in the conduct of our business, identifying potential issues, opportunities, and alternatives to deliver timely resolution in an optimal manner.
Your Responsibilities:

  • Lead US tax team involvement in external M&A and internal restructurings and planning initiatives in collaboration with non-US counterparts as required, to include due diligence, transaction planning and modeling, making recommendations on tax sections of sale/purchase agreements, and supporting post-closing integration.
  • Monitor the tax press regularly for actual or potential changes in tax legislation and regulations, or interpretations thereof, and identify, distill, analyze, and disseminate within the Tax group developments with actual or potential significance to the organization.
  • Present tax planning initiatives to senior leadership.
  • Research tax implications of return filing positions.
  • Advise on tax implications of customer and vendor contracts, intercompany arrangements, asset/ stock sale and purchase agreements, partnership agreements, etc. and make recommendations to optimize the organization's position with respect to such implications.
  • Document issues and technical tax analysis for all projects to include relevant facts, analysis, and citations to applicable authority to defend tax positions on exam.
  • Lead or assist in dealings with dealings with tax authorities, including prep or review of submissions, and analysis, advocacy and negotiation of position alternatives and settlement agreements.
  • Maintain the annual Transaction logs and identify, prepare, or review applicable tax return disclosures.
  • Lead and manage projects and relationships with outside tax and legal advisors.
  • Special projects and other duties as assigned.


Who we are looking for:

  • Master's degree in Tax with extensive applicable experience
  • Certified Public Accountant (CPA)
  • Fifteen (15) years+ of related experience required with five (5) years in law firm or Big 4 accounting firm.
  • Ability to travel, including cross-border, 5% - 10%


Your Preferred Qualifications:

  • Juris Doctorate with LLM
  • Strong knowledge of Subchapter C, including M&A, and consolidated return rules; working knowledge of Subchapter K and partnership agreements.
  • General knowledge of international tax principals, including inbound/outbound taxation and familiarity with US Tax treaties, including mechanics of LOB provisions.
  • Superior tax research skills to identify, interpret and apply laws, regulations, caselaw, rulings, etc. relevant to addressing a variety of tax issues and opportunities as they arise.
  • Superior technical writing skills to clearly and concisely present, analyze and document tax positions in memorandums and other written guidance and communications.
  • Ability to independently identify and evaluate pertinent facts and issues and apply the tax laws in both day-to-day transactions and special projects to determine the consequences, and to provide practical tax advice and application/implementation guidance to personnel both within the Tax Department and in other functional areas of the organization.
  • Advanced Excel capabilities to develop sophisticated analytical models, including those that require large data sets, to model tax consequences in various M&A, restructuring, and financing scenarios.
  • Solid understanding of financial accounting concepts and business acumen.
  • Self-starter and decisive with ability to identify and resolve issues with limited input from senior team members or outside advisors.
  • Proven ability to effectively juggle/manage multiple projects in time-constrained environment and high-pressure situations.
  • Ability and willingness to work evenings and weekends as project deadlines dictate.
  • Strong communication and interpersonal skills to form positive and collaborative working relationships with tax team members and personnel in other functional areas and to clearly and concisely convey complex tax issues and solutions.


What we offer:
At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.
Site Benefits:

  • Comprehensive medical, dental, and vision plans
  • 401 (k) plans with employer matching
  • An extensive training program and exciting internal development opportunities
  • Cafe
  • Motorcycle and electric vehicle parking


Awareness, Unity, Empowerment:
At Magna, we believe that a diverse workforce is critical to our success. That's why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.
Worker Type:
Regular / Permanent
Group:
Magna Corporate

Top Skills

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The Company
HQ: Aurora, Ontario
171,000 Employees
Hybrid Workplace
Year Founded: 1957

What We Do

We are a mobility company that innovates like a start-up and thinks like a technology company. This helps us anticipate change in one of the most complex industries in the world and respond quickly. We depend on a team of 171,000 dynamic, entrepreneurial-minded employees in an environment where great ideas flourish. Our presence spans 343 manufacturing operations and 88 product development, engineering and sales centers in 29 countries.

We understand that you need a career as unique as you are. Whether you want to advance your existing expertise or try something completely different, we are committed to your growth.

Why Work With Us

At Magna, our engineering team is advancing mobility for everyone and everything. Joining this team means being a part of the design, development, and manufacturing of the world’s most advanced mobility technology. Innovations that move families, shape communities, and improve lives. You can follow your passions and shape your own career path.

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Magna International Teams

Magna International Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Majority of roles are hybrid with flexibility. Please speak with our recruiting team for specific details on hybrid work.

Typical time on-site: Not Specified
HQGlobal Headquarters - Aurora, Ontario, Canada
Bangalore, Karnataka, India
Graz, Austria
Lowell, Massachusetts
Monterrey, Mexico
Munich, Germany
Pune, Maharashtra, India
Sailauf, Germany
Saltillo, Mexico
US Headquarters - Troy, Michigan
Learn more

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