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Steel Partners Holdings · 4 months ago

VP of Tax

New York, NY

Full-time

Hybrid

Senior Level

Steel Partners Holdings is a diversified global holding company with interests in various sectors including industrial products and banking. The VP of Tax will manage the internal tax team and external tax advisors, ensuring compliance with tax laws while minimizing tax liabilities and overseeing corporate tax policy implementation.

Manufacturing

Responsibilities

Manage the global tax calendar and oversee the timely submission of all tax related filings, including corporate returns, partnership returns and K-1s

Manage the determination of Federal and State tax liabilities on behalf of the Company. Ensure appropriate and timely filing and payment of tax liabilities

While the VP Tax is fully responsible for the tax function, the Company utilizes outside tax advisors - counsel (planning, Section 382 analysis, personal holding company, M&A, etc.) and tax accountants providing compliance services including tax return preparation and ASC 740 calculations. The candidate needs to be capable of managing the services provided including scope, timing and fees

Direct and improve tax planning practices affecting the Company as a whole and/or its individual operating companies or subsidiaries. Formulate and implement company-wide tax policies and procedures

Organize tax records and documentations to drive effective tax planning and to ensure outside advisors use is done efficiently

Oversee maintaining up to date inside and outside tax basis of assets and businesses

Direct and oversee cross-border taxation matters, income tax and procedures to minimize the Company's liability and ensure adherence to relevant legislation

Help identify, evaluate, and advise management on the income tax consequences of current and proposed strategic transactions. Work with advisors to ensure tax positions and analysis are effectively communicated to management and business leaders

Support implementation of global corporate tax initiatives by working closely with internal functions such as Legal, Finance and Treasury and outside advisors

Oversee and manage any federal and state tax audits of US entities, including notices received from taxing authorities

Oversee the US GAAP consolidated quarterly and year-end income tax provisions for the US parent and foreign operations and working with Finance ensure corporate tax provisions and balance sheet accounts are properly stated

Monitor and provide analysis of legislative and regulatory developments. Evaluate potential impact of tax legislation on the company and recommend the proper course of action

Periodically evaluate the firm's legal/tax structure to ensure it appropriately aligns to business needs; recommend changes where appropriate

Supervise and evaluate current internal tax staff and recommend changes in size and needed expertise to the CFO in response to changing business needs and the scope of services required

Work closely with the Business Development team and outside tax advisors on M&A activity including due diligence, structuring, and planning. Working knowledge of tax related issues associated with purchase accounting for the 'opening balance sheets' required. M&A also includes divestitures, and the candidate will be expected to advise accordingly

Qualification

Tax policy implementationTax compliance managementCross-border taxationM&A tax planningFederalState tax liabilitiesTax audits managementGAAP tax provisionsJudgmentProcess ImprovementPrioritizationPlanningCommunication

Required