Sr Manager, Income Tax Planning

Target Target · Retail · NCD-0375 Brooklyn Park, MN

This role is for a Senior Manager of Income Tax Planning at Target. The primary responsibilities include leading federal income tax planning, IRS audit management, and supporting tax provision, compliance, and forecasting. The role also involves managing tax accounting methods, performing tax research, preparing technical memorandums, and responding to tax audits. Additionally, the manager will lead a team of tax experts, monitor tax legislative changes, and advise internal business partners on tax implications of new initiatives. Experience with tax software and data analytics tools is preferred.

What you'd actually do

  1. Leads the federal income tax planning and IRS audit management processes and supporting aspects of the provision, compliance, and forecasting tax matters.
  2. Manages various tax accounting methods such as inventory, Section 174, R&D tax credit, and other tax planning.
  3. Performs tax research and prepares technical memorandums and tax audit responses, resolves tax inquires and maintain strong relationships with taxing authorities to resolve tax matters efficiently.
  4. Leads a team, either directly or indirectly, of tax experts and advisors and support the growth, development, and cross training of team members.
  5. Monitors tax legislative changes (both proposed and enacted) in order to quantify and communicate the impact to Target.

Skills

Required

  • Four-year degree in Accounting, Finance or related business area or equivalent experience
  • 6+ years of income tax experience with an accounting firm or equivalent experience in a large corporate tax department
  • Strong understanding of US GAAP accounting principles
  • Proven ability to effectively develop, manage, and inspire team members and work together as a team.
  • Ability to investigate, strategize, and solve problems while working with ambiguity.
  • Excellent written and verbal communication skills with experience advocating for tax matters both internally and with external auditors and government officials.

Nice to have

  • Experience with OneSource Income Tax and Tax Provision, SAP or similar general ledger system, and data analytics tools such as Alteryx, PowerBI, DOMO or other analytics software

What the JD emphasized

  • income tax experience
  • US GAAP accounting principles
  • develop, manage, and inspire team members
  • investigate, strategize, and solve problems while working with ambiguity
  • advocating for tax matters both internally and with external auditors and government officials