Income Tax Manager

Posted 6 Days Ago
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60101, Addison, IL, USA
In-Office
Senior level
Industrial • Manufacturing
The Role
Manages multistate corporate income and franchise tax activities across a complex, multi-entity organization. Oversees nexus, apportionment, filings, estimated payments, audits, notices, outsourced compliance, and tax workpapers. Supports tax provision, ASC 740, M&A, restructuring, intercompany arrangements, transfer pricing, process improvements, internal controls, and public-company readiness while partnering with finance and accounting teams.
Summary Generated by Built In
SunSource and its family of companies represent 270+ locations and 4,000+ employees making up one of North America’s leading value-add industrial distribution companies.  We provide customers with products and value-added solutions within Fluid Power, Fluid Process, Fluid Conveyance, Automation, General Industrial Components, and Industrial Repair. www.sun-source.com

SunSource is seeking an Income Tax Manager to help strengthen and scale the Company’s tax function during a period of continued growth and increasing complexity. This role will primarily focus on state and local income tax matters, while also supporting federal income tax, international tax, tax accounting, M&A activity, and other special projects as needed.

The Income Tax Manager will work closely with the Senior Tax Manager in a lean, high-impact environment. This position requires partnering with many different businesses that use a variety of ERP systems and is well suited for a tax professional with deep multistate tax experience, sound judgment, and a hands-on approach.

Essential Functions

    · Lead the Company’s state corporate income and franchise tax activities across a large multi-entity, multi-jurisdiction footprint
    · Maintain the Company’s state tax filing profile, including nexus, filing positions, state tax attributes, and jurisdictional presence
    · Own and maintain state apportionment calculations across the enterprise
    · Coordinate outsourced income tax compliance processes with external tax service providers, including data gathering, issue resolution, deadline management, and review of deliverables
    · Manage state estimated payments, extensions, refund opportunities, and notice and audit responses
    · Review tax workpapers, returns, and supporting schedules for accuracy, completeness, and consistency with Company facts and positions
    · Support the quarterly and annual income tax provision process, including tax accounting and return-to-provision analysis
    · Build strong relationships with finance and accounting personnel across the organization to improve tax data gathering, communication, and execution
    · Develop a strong understanding of the Company’s legal entity structure, operating model, intercompany activity, and jurisdictional footprint
    · Support tax matters related to acquisitions, legal entity integration, restructuring, intercompany arrangements, transfer pricing, and management fees
    · Contribute to tax process improvement, documentation, internal controls, and support for public-company readiness initiatives

Qualifications

    · Bachelor’s degree in Accounting, Finance, or related field required
    · CPA, MST, or similar credential preferred
    · 6+ years of relevant corporate income tax experience required; deeper experience is welcome
    · Significant state income/franchise tax experience required
    · Strong knowledge of multistate corporate income tax concepts, including apportionment, nexus, and combined/unitary reporting
    · Experience managing outsourced compliance processes and working with external tax service providers
    · Familiarity with ASC 740 and the relationship between compliance and provision processes preferred
    · Exposure to federal tax, M&A, intercompany matters, and transfer pricing preferred
    · Public-company readiness experience is a plus
    · Strong analytical, organizational, and communication skills
    · Ability to work effectively in a decentralized, fast-paced environment

Equal Opportunity Employer, including disability and protected veteran status.  If you are an individual with a disability and require an accommodation to complete the application process, please contact [email protected] to request reasonable accommodation. Only requests for accommodation in the application process will be returned from this email address.  This employer uses E-Verify. Please click here for additional information. (For Illinois E-Verify information click here, aquí).  Sun-Source | Privacy Policy

Skills Required

  • Bachelor’s degree in Accounting, Finance, or a related field
  • 6+ years of relevant corporate income tax experience
  • Significant state income and franchise tax experience
  • Strong knowledge of multistate corporate income tax concepts, including apportionment, nexus, and combined or unitary reporting
  • Experience managing outsourced tax compliance processes and external tax service providers
  • Strong analytical, organizational, and communication skills
  • Ability to work effectively in a decentralized, fast-paced environment
  • CPA, MST, or similar credential
  • Familiarity with ASC 740 and compliance-to-provision processes
  • Exposure to federal tax, M&A, intercompany matters, and transfer pricing
  • Public-company readiness experience

SunSource Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about SunSource and has not been reviewed or approved by SunSource.

  • Healthcare Strength — Healthcare Strength: Medical, dental, and vision coverage with plan options are offered alongside wellness programs and an EAP. Offerings also include HSA/HRA and FSA choices that broaden the health coverage scope.
  • Retirement Support — Retirement Support: A 401(k) with company match is included and called out in employer-provided materials. This provides a clear foundation for long-term savings within the total rewards package.
  • Leave & Time Off Breadth — Leave & Time Off Breadth: Paid vacation and holidays are part of the package, with PTO described as decent and vacation potentially capping near four weeks. These time-off elements contribute to a rounded core benefits menu.

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The Company
HQ: Addison, IL
1,861 Employees

What We Do

SunSource, a leader in industrial and mobile fluid power distribution for over 85 years, provides customers with innovative solutions that help reduce maintenance costs, lower operating costs and increase productivity. The solutions are part of the SunSource Advantage: a comprehensive program offering design and engineering support; supply chain optimization; productivity solutions; value-added services; and repair capabilities. As a national distributor with local presence, SunSource has a unique and dominant position as a full-service resource for the industrial, OEM, MRO and mobile industrial equipment industries. We distribute a broad range of components, but SunSource is much more than a distributor just supplying fluid power components or systems. Along with high-quality products, we provide a commitment to high-quality customer service and technically sound, cost-effective solutions. SunSource’s history of accomplishment and continued growth means that we give the best condition to energetic, driven people to be effective in their role. We pride ourselves on a culture that provides opportunities for development and advancement of our associates. In addition, we build meaningful relations with our customers, suppliers and internal associates. We are all bound by a pledge to a common mission toward providing the highest quality products and services within our industry and achieving the company’s growth objectives

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