Tax Manager, International

About the role

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What we offer

• At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies.
• We invest in our employees, providing them with the support and resources they need to succeed.
• As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects.
• Because we believe that your career path should be as unique as you are.

Group Summary

Magna is more than one of the world's largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.

Job Responsibilities

Strategic Tax Planning & Transactions

• Manage international tax planning initiatives with both US and cross-border implications.
• Research tax implications of return filing positions and prepare file documentation with the applicable facts, analysis, and citations to relevant authority to defend such positions on exam.
• Support US Tax Team involvement in external M&A and internal restructurings including: sale/purchase agreements and supporting post-closing integration.
• Support project planning, financial modeling, risk assessment, and implementation.

Compliance & Reporting

• Ensure accurate and timely preparation of international tax filings using OneSource, including:
• Forms 5471, 5472, 8858, 8865, 8990-8993, 1042, and 1120F.
• Assist with U.S. federal and state income tax compliance, including review of supporting schedules and book-to-tax adjustments.
• Manage quarterly and annual international income tax provision, forecasting, and budgeting for inbound and outbound operations.
• Assist with the quarterly and annual U.S. tax provision process, including review of account reconciliations, deferred tax schedules, and return-to-provision adjustments.
• Utilize OneStream for financial data analysis and reporting.

Research & Documentation

• Conduct in-depth research and analysis of international & federal tax issues.
• Prepare technical memos and maintain audit-ready documentation.
• Monitor the Tax Press regularly and identify, distill, analyze, and disseminate with the Tax Group developments with actual or potential significance to the organization.
• Support responses to federal tax authority inquiries and audits.
• Lead and manage projects and relationships with outside Tax and Legal Advisors.
• Handle special projects and other duties as assigned.

Leadership & Collaboration

• Mentor and develop Tax Team members; foster a culture of continuous learning and excellence.
• Collaborate with global Tax, Legal, Treasury, and Finance teams to align strategies and share best practices.

Process Improvement

• Identify and implement process enhancements, including AI and emerging technologies.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field; CPA, Master's in Tax or JD preferred.
• 5-10 years of international tax experience, or a combination of international and federal tax experience, ideally in a corporate or Big Four environment.
• Good knowledge of U.S. international tax laws and regulations including OBBB.
• Proficiency in OneSource, OneStream, and Microsoft Office Suite (Power BI a plus).
• Excellent analytical, communication, and leadership skills.
• Proven ability to manage complex projects and mentor teams.

Technical Expertise

• Good knowledge of U.S. international tax rules, including:
• E&P Calculations, Subpart F, Foreign Tax Credit, BEAT, FDII, GILTI, DCL, and interest limitations.
• Cross-border financing and repatriation planning.
• Familiarity with ASC 740, FIN 48, APB 23, and US GAAP.
• Transfer pricing experience is a plus.
• Strong knowledge of Subchapter C and consolidated return rules.
• Solid technical writing skills to clearly and concisely present, analyze and document tax positions in memorandums and other written guidance and communications.

Management Responsibilities

• Supervise and develop junior team members in accordance with company policies and the Magna Employee's Charter.
• Responsibilities include hiring, training, performance management, and conflict resolution.

Work Environment & Travel

• Standard office environment with typical physical demands (sitting, computer use, etc.).
• Occasional travel required. Less than 15%.

Awareness, Unity, Empowerment

• At Magna, we believe that a diverse workforce is critical to our success.
• Magna takes the privacy of your personal information seriously.
• We discourage you from sending applications via email or traditional mail to comply with GDPR requirements and your local Data Privacy Law.

AI-Assisted Screening Disclosure

As part of our commitment to a fair, consistent, and efficient recruitment process, we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system. These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters.

• Final decisions are always made by the hiring manager and the hiring team.
• Importantly, no applicant data is shared externally through these AI tools.
• All information remains securely within our systems and is handled in accordance with our privacy and data protection policies.

• Under conditions defined by applicable law, you may have the right to request an explanation of how AI is used to support decision-making.
• If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.
• Worker Type: Regular / Permanent
• Group: Magna Corporate