International Tax Manager

This position is responsible for supporting the Paloma US Investments, Inc. and Subsidiaries’ (“Rheem” or the “Company”) global tax strategy, compliance, reporting, and planning initiates. This role will partner with finance and accounting, legal, treasury, and foreign business teams to ensure compliance with U.S. international tax requirements and to identify tax-efficient opportunities across the global organization. This position will also be responsible for the various research projects and assisting with integration of acquired businesses into the tax processes. The International Tax Manager is expected to have regular contact with Foreign Division and Subsidiary Controllers’ staff regarding tax compliance issues. The ideal candidate is a proactive, hands-on tax professional with strong technical knowledge of U.S. international tax rules and experience working in a multinational corporate environment.

This position will serve Rheem North America, located in Atlanta, GA (Hybrid). This role follows our hybrid work arrangement, with team members working in the office Monday through Thursday and remotely on Fridays.

Qualifications

• Undergraduate and/or Master’s Degree in accounting
• CPA certification
• 6 to 9 years of public accounting experience at a Big 4 national firm
• Income Tax Compliance and ASC 740 experience
• International tax experience including experience preparing and/or reviewing and reporting international based calculations such as NCTI inclusions.
• Strong analytical skills with attention to detail
• Strong organizational skills and ability to consistently meet compliance deadlines
• Experience managing multiple projects, multi-tasking, and balancing priorities
• Supervisory experience
• Proficient in Microsoft Office tools including Excel, Power Point and Word
• Experience in responding to taxing jurisdiction inquiries and resolve issues with minimal supervision.
• OneSource experience is a plus.
• Excellent verbal and written skills.
• Ability to compose responses to taxing jurisdictions in a clear and concise manner
• Ability to understand and interpret income tax laws and regulations and determine their effects upon the Company’s liability
• Ability to communicate effectively with co-workers and division accounting groups and effectively respond to tax related questions
• Ability to accurately calculate tax liabilities and percentages
• Ability to create formulas to calculate sums and percentages
• Ability to understand written and verbal instructions and apply them to the determination of tax liabilities
• Ability to understand tax laws and regulations and apply them in determining federal, state and local income tax filing requirements and liabilities

As a leader at Rheem, how you achieve results is as important as the results you achieve. While LEADING OTHERS, you will be expected to demonstrate the following competencies and behaviors:

• Aligning Performance for Success
• Applying Business Knowledge
• Building Talent
• Building Trusted Relationships
• Communicating with Impact
• Customer-Orientation
• Delegating Tasks
• Executing/Leading the Team
• Facilitating Change
• Fostering Relationships/ Emotional Intelligence
• Influencing
• Problem Solving & Decision Making
• Supporting Innovation

Equivalent combination of education, experience, and skills may supplement above minimum job requirements.

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Responsibilities

• Monitor, research, interpret, document, and apply tax law or advise tax management of the impact on the business.
• Manage, prepare and/or review U.S. international tax compliance, including calculations and reporting related to:
  • Net CFC Tested Income (GILTI and/or NCTI)
  • Subpart F income
  • Foreign-Derived Deduction-Eligible Income (FDII and/or FDDEI)
  • Based Erosion and Anti-Abuse Tax
  • Foreign tax credits
  • E&P and tax basis
  • Previously Taxed Earnings and Profits (PTEP)
  • Forms 5471, 8858, 8865, and related international information returns
  • Report of Foreign Bank and Financial Accounts
• Coordinate with internal teams and external service providers to ensure accurate and timely filings of Country-by-Country Reporting, Master File, and Pillar 2.
• Manage and review the foreign tax provision analysis and assure that all foreign tax related matters are disclosed in accordance with ASC 740 in the Company's financial statements and/or the financial statements of the Company’s owner as needed.
• Assist in the review of tax related issues and opportunities associated with acquisitions and the integration of acquired companies into Company’s tax structure.
• Assist in the development and implementation of tax strategies, processes, and special projects as assigned including intercompany transactions and transfer pricing.
• Analyze Rheem’s international transactions and assure that all necessary compliance requirements are accurately reported in the Company’s federal and state income tax returns.