Director, Tax Provision and Federal Income Tax
Apply NowCompany: Sherwin-Williams
Location: Cleveland, OH 44130
Description:
Responsibilities
As the Company's Director of Tax Provision and Federal Income Tax, this position will play a piviotal role in driving the financial success and compliance of the organization. This position will oversee and lead the Company's Federal, State, and International quarterly and annual tax provisions under ASC740, as well as responsible for the overall Direct Tax function. This role requires a strategic thinker with deep expertise in income tax laws and regulations, excellent leadership skills, and the ability to manage complex tax issues. Your expertise and guidance will have a direct impact on the Company's financial reporting accuracy and help shape tax strategies.
This position is responsible for:
Because this role involves access to confidential financial information, the Company has determined that a review of criminal history is necessary to protect the business and its operations and reputation and to provide similar protections for its clients and potential investments.
Qualifications
POSITION REQUIREMENTS
FORMAL EDUCATION:
Required:
Preferred:
KNOWLEDGE & EXPERIENCE:
Required:
TECHNICAL/SKILL REQUIREMENTS:
Required:
Travel: 10%
About Us
At Sherwin-Williams, our purpose is to inspire and improve the world by coloring and protecting what matters. Our paints, coatings and innovative solutions make the places and spaces in our world brighter and stronger. Your skills, talent and passion make it possible to live this purpose, and for customers and our business to achieve great results. Sherwin-Williams is a place that takes its stability, growth and momentum and translates it to possibility for our people. Our people are behind the strength of our success, and we invest and support you in:
Life ... with rewards, benefits and the flexibility to enhance your health and well-being
Career ... with opportunities to learn, develop new skills and grow your contribution
Connection ... with an inclusive team and commitment to our own and broader communities
It's all here for you... let's Create Your Possible
At Sherwin-Williams, part of our mission is to help our employees and their families live healthier, save smarter and feel better. This starts with a wide range of world-class benefits designed for you. From retirement to health care, from total well-being to your daily commute-it matters to us. A general description of benefits offered can be found at http://www.myswbenefits.com/. Click on "Candidates" to view benefit offerings that you may be eligible for if you are hired as a Sherwin-Williams employee.
Compensation decisions are dependent on the facts and circumstances of each case and will impact where actual compensation may fall within the stated wage range. The wage range listed for this role takes into account the wide range of factors considered in making compensation decisions including skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. The wage range, other compensation, and benefits information listed is accurate as of the date of this posting. The Company reserves the right to modify this information at any time, with or without notice, subject to applicable law.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable federal, state, and local laws including with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act where applicable.
Sherwin-Williams is proud to be an Equal Employment Opportunity employer. All qualified candidates will receive consideration for employment and will not be discriminated against based on race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, pregnancy, genetic information, creed, marital status or any other consideration prohibited by law or by contract.
As a VEVRAA Federal Contractor, Sherwin-Williams requests state and local employment services delivery systems to provide priority referral of Protected Veterans.
Please be aware, Sherwin-Williams recruiting team members will never request a candidate to provide a payment, ask for financial information, or sensitive personal information like national identification numbers, date of birth, or bank account numbers during the application process.
As the Company's Director of Tax Provision and Federal Income Tax, this position will play a piviotal role in driving the financial success and compliance of the organization. This position will oversee and lead the Company's Federal, State, and International quarterly and annual tax provisions under ASC740, as well as responsible for the overall Direct Tax function. This role requires a strategic thinker with deep expertise in income tax laws and regulations, excellent leadership skills, and the ability to manage complex tax issues. Your expertise and guidance will have a direct impact on the Company's financial reporting accuracy and help shape tax strategies.
This position is responsible for:
- Direct and review the consolidated quarterly and annual tax provisions under ASC 740, including the worldwide effective tax rate, deferred taxes, uncertain tax positions, valuation allowances, and tax footnote. Gather data and prepare schedules for tax and financial statement auditors.
- Assist with all aspects of Federal income tax compliance, including the preparation and review of tax returns and related filings. Identify and calculate income tax cash conservation / deferral to effectively and accurately manage cashflow. Review tax account reconciliations as needed.
- Ensure proper purchase price accounting and compliance reporting of merger and acquisition transactions. Assess the impact of acquisitions and divestitures on the domestic tax group.
- Maintain SOX internal control compliance, documentation and processes, while coordinating with external / internal auditors and outside service providers.
- Assist with income tax audits and negotiations with tax authorities. Review proposed settlement workpapers and audit assessments.
- Lead and mentor a team of tax professionals, providing guidance and support.
- Conduct tax accounting technical research on complex tax issues and provide recommendations.
- Work closely with other departments, including finance, legal, and operations, to ensure tax strategies align with overall business objectives.
- Identify & support the implementation of process improvements to streamline tax compliance & accounting while creating consistency to minimize risk.
Because this role involves access to confidential financial information, the Company has determined that a review of criminal history is necessary to protect the business and its operations and reputation and to provide similar protections for its clients and potential investments.
Qualifications
POSITION REQUIREMENTS
FORMAL EDUCATION:
Required:
- Bachelors Degree in Accounting, Finance or similar field
Preferred:
- Certified Public Accountant
- License to Practice Law
- Master's Degree in Business Administration or Taxation
KNOWLEDGE & EXPERIENCE:
Required:
- 10+ years' experience in multinational public company tax provision and federal income tax, preferably in increasing leadership roles
- Technical knowledge of income tax accounting standards and application of ASC 740
- Experience with public company financial statement audits
TECHNICAL/SKILL REQUIREMENTS:
Required:
- Highly organized
- Strong written, verbal communication and presentation skills
- Ability to meet quick deadlines and prioritize multiple tasks
- Ability to manage, lead and inspire a team successfully
- Adaptable to constant change
- Must keep current on all Federal, State and Local tax law changes
- Advanced Excel skills and familiarity with CorpTax Provision
Travel: 10%
About Us
At Sherwin-Williams, our purpose is to inspire and improve the world by coloring and protecting what matters. Our paints, coatings and innovative solutions make the places and spaces in our world brighter and stronger. Your skills, talent and passion make it possible to live this purpose, and for customers and our business to achieve great results. Sherwin-Williams is a place that takes its stability, growth and momentum and translates it to possibility for our people. Our people are behind the strength of our success, and we invest and support you in:
Life ... with rewards, benefits and the flexibility to enhance your health and well-being
Career ... with opportunities to learn, develop new skills and grow your contribution
Connection ... with an inclusive team and commitment to our own and broader communities
It's all here for you... let's Create Your Possible
At Sherwin-Williams, part of our mission is to help our employees and their families live healthier, save smarter and feel better. This starts with a wide range of world-class benefits designed for you. From retirement to health care, from total well-being to your daily commute-it matters to us. A general description of benefits offered can be found at http://www.myswbenefits.com/. Click on "Candidates" to view benefit offerings that you may be eligible for if you are hired as a Sherwin-Williams employee.
Compensation decisions are dependent on the facts and circumstances of each case and will impact where actual compensation may fall within the stated wage range. The wage range listed for this role takes into account the wide range of factors considered in making compensation decisions including skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. The wage range, other compensation, and benefits information listed is accurate as of the date of this posting. The Company reserves the right to modify this information at any time, with or without notice, subject to applicable law.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable federal, state, and local laws including with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act where applicable.
Sherwin-Williams is proud to be an Equal Employment Opportunity employer. All qualified candidates will receive consideration for employment and will not be discriminated against based on race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, pregnancy, genetic information, creed, marital status or any other consideration prohibited by law or by contract.
As a VEVRAA Federal Contractor, Sherwin-Williams requests state and local employment services delivery systems to provide priority referral of Protected Veterans.
Please be aware, Sherwin-Williams recruiting team members will never request a candidate to provide a payment, ask for financial information, or sensitive personal information like national identification numbers, date of birth, or bank account numbers during the application process.