Associate Director- Tax Operations

Company: Willis Towers Watson
Location: Philadelphia
Posted on: March 20, 2023

Job Description:

Position Responsibilities:

• Assist the Tax Operations team in quarterly and annual US GAAP reporting
• Assist the US and Non-US Planning teams in accounting for and documenting income tax conclusions for transactions and restructurings, inclusive of Pillar Two
• Assist the Senior Director, Tax Operations, in developing processes and technology solutions for Day 1 Pillar Two reporting and compliance
• Ability to synthesize US Corporate Alternative Minimum Tax (CAMT), Pillar Two, US International rules and apply ASC 740 reporting concepts The Assistant Director, Tax Operations will be focused on:
  • Income Tax Accounting - Mastery of complex accounting for income tax issues under ASC 740 including the following:
    • Interim reporting
    • Intra-period Allocations
    • Valuation allowances
    • Business combinations, dispositions, and joint ventures
    • Uncertain tax positions
    • Outside basis differences
    • Permanent reinvestment of foreign earnings
    • Foreign currency issues
    • Experience with IAS 12 a plus
    • US GAAP to Statutory reporting differences
    • Extensive knowledge of and experience with SEC annual reporting (Form 10-K) and quarterly reporting (Form 10-Q) requirements, including disclosures
    • Experience working with multinational SEC registrants
    • Ability to communicate complex accounting for income tax concepts and issues to a diverse audience of both internal and external stakeholders
      • Pillar Two -Strong desire to learn the Pillar Two Model Rules and definitions including the following:
        • Income Inclusion Rule (IIR)
        • Underpayment Tax Payments Rules (UTPR)
        • Calculation of Globe Income/(Loss)
        • Calculation of Top up Tax
        • Substance Based Income Exclusions (SBIE) Requirements:
          • A minimum of 10 years of diverse corporate tax experience in the US multinational sector (primary focus on income tax and income tax accounting) with a public accounting firm and/or in industry
          • Strong verbal and written communication skills with the ability to communicate/present issues and recommendations in a clear and concise manner
          • CPA certification or equivalent
          • Rotation in Big 4 National Tax Practice focusing on ASC 740 preferred
          • Experience with income tax provision software, such as OTP, a plus
            • Ability to interact effectively with executives, management and functional peer groups and to gain cooperation from others, including working within a matrix organization
              • Ability to motivate and drive results in multi-geographic and multi-cultural environments
              • Ability to take ownership of projects and drive them through to completion Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity. Compensation The base salary compensation range being offered for this role is $100,000-192,000. Company Benefits WTW provides a competitive benefit package which includes the following (eligibility requirements apply): Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program) Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state /local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave) Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). Certain senior level roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans. At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a "hybrid" style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and "hybrid" is not a one-size-fits-all solution. We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.

Keywords: Willis Towers Watson, Philadelphia , Associate Director- Tax Operations, Executive , Philadelphia, Pennsylvania