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SalaryWho We Are
Magnit is the future of work. Serving hundreds of the world’s most recognizable brands for the past 30+ years, Magnit offers the industry’s first holistic platform for the modern workforce. Magnit's integrated workforce management (IWM) platform supported by data, software, intelligence, and best-in-class services team is key to our clients’ success. It can adapt quickly to regional or industry economic shifts, and provides the speed, scale, flexibility, transparency, and expertise required to meet an organization’s contingent workforce management, talent strategy and broader organization goals. At Magnit, you’ll work with passionate colleagues who collaborate and deliver meaningful results that positively transform the largest companies around the globe.
About the Role
Magnit holds a unique place within the contingent workforce industry – we operate as a managed service provider for some of the biggest names in the world, delivering an end-to-end solution for them to ensure the smooth sourcing, onboarding, management and reporting of their contingent workforce.
Our Global Tax Team works together to ensure the company is compliant with all relevant applicable regulations and tax laws, adequately and effectively manages the company’s tax risks and adds value by mitigating the risk of tax controversary while acting as a strategic partners to the business.
The Direct Tax Compliance Manager will be highly motivated and experienced tax professional and will be responsible for the organizations US and ROW Direct Tax Compliance obligations.
What You Will Do
- Prepare and/or review federal and state tax work papers and tax documentation, including estimated taxes, extensions and year-end filings
- Prepare and/or review foreign subsidiaries corporate tax returns
- Ensure the transmittal of payments, returns, and other compliance related to the respective jurisdictions, and tracking/organizing receipts
- Prepare memorandums to support tax return filing positions as required
- Manage tax controversy matters for federal, state and foreign tax audits concerning corporate income tax matters
- Manage the transfer pricing function, including working with external service providers in the completion of transfer pricing documentation and oversight of intercompany business activities to ensure compliance
- Manage the preparation of R&D tax credit studies prepared by external service providers
- Drive efficiency and simplicity into the Magnit tax function, including through standardization & simplifications of processes by the utilization of technology
- Assist with special tax projects as they arise, such as tax planning, legal entity rationalization, acquisitions, and new entity formation initiatives as needed
- Assist with administrative duties, including managing the relationship and co-ordination with service providers
What You Will Need
- CPA or advanced degree in taxation or equivalent designation
- Typically requires 6-8 years of related experience in a corporate tax department of a global organization (private equity owned or publicly held essential)
- Global experience desirable
- Ability to meet deadlines and manage multiple priorities
- Must be able to pay significant attention to detail, accuracy, and the ability to use judgment and make sound decisions
- Ability to collaborate with cross-functional teams to support Tax Compliance initiatives
- Familiarity with tax and financial technology solutions, such as tax automation and data analytics tools
- Advanced skills in MS Excel and knowledge/experience with a tax software, preferably OneSource
What Will Magnit Offer You
Magnit will offer you a competitive PTO and benefits package, including medical, dental, and vision coverage, retirement planning, as well as discounts and perks for tickets, travel, merchandise and more! Magnit encourages employees to participate in giving back, and we will match employee contributions to favorite charities and support corporate volunteering hours to make a difference in your community!
If this role isn’t for you
Stay in touch, we will let you know when we have new positions on the team. To see a complete list of our open career opportunities please visit
https://magnitglobal.com/us/en/company/careers.html
To do our best work we need different viewpoints. Therefore, we celebrate diversity and embrace inclusion.
As an equal opportunity employer, we are dedicated to building a team that represents a variety of backgrounds, perspectives, and skills. We strive to ensure that we maintain a positive and enriching work environment for all.
