Senior Manager, Tax Accounting

Posted 8 Hours Ago
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Hartsville, SC
136K-164K Annually
Senior level
Industrial • Manufacturing
The Role
The Senior Manager of Tax Accounting will oversee Sonoco's income tax accounting functions, manage SEC reporting, assist with tax compliance, and handle merger and acquisition activities. Responsibilities include preparing quarterly provisions, analyzing tax standards, and serving as the primary contact for financial auditors on tax matters.
Summary Generated by Built In

From a small family business to a multi-billion-dollar global company, Sonoco has been changing the face of products and packaging since 1899 — all while keeping the heart of “People Build Businesses” alive.

 

Our talented people are at the core of our growth, constantly reinventing the Sonoco wheel with brilliant solutions every year. Today we are a world leader in global packaging solutions with diversified operations in over 34 countries. We're extremely proud of our portfolio of brands, our achievements in sustainability and industrialization and the groundbreaking work accomplished by our people. 

Reporting to the Associate Director of Income Tax, the Senior Manager - Tax Accounting role will have overall responsibility for Sonoco’s income tax accounting function (ASC 740) and all other tax related SEC reporting requirements for the Company’s $200 million global income tax expense.

This person will assist with merger and acquisition activity, U.S. Income tax compliance and special projects; as well as working closely with various members from within and outside the tax department to carry out cross functional ad hoc projects. 

Our ideal candidate possesses technical mastery in areas of tax accounting impacting US multi-national manufacturers, be highly competent with US income tax principals, and have proven experience working with counterparts outside of the US. They will be a highly accountable, motivated, and energetic individual with strong management and interpersonal skills that can think and adapt quickly. Experience working with, or as, a financial auditor developing and / or defending technical tax accounting positions is required.

What you’ll be doing:

  • Preparation of the quarterly ASC 740 provision and related financial statement disclosures. 
  • Developing, supporting, and maintaining the Company’s positions related to uncertain tax positions.
  • Monitoring, analyzing, and implementing changes in applicable financial reporting standards.
  • Responsible for analyzing, developing positions for, and recording adjustments related to the Company’s merger, acquisition, and disposition activity, including computation of purchase accounting adjustments.
  • In conjunction with the tax compliance group, manage the computation of book tax differences, supporting work papers, account reconciliations and documentation. Communicate issues and findings to senior tax management.
  • Preparation of the tax basis balance sheet for the domestic entity group. 
  • In coordination with senior tax management, plan, organize and/or manage projects within or outside of the tax department related to tax accounting and applicable tax controls.
  • Research and develop tax positions and draft memorandums for tax accounting issues as they arise.
  • Serve as primary contact with the company’s financial auditors for all tax accounting matters.
  • Assume responsibility for maintaining and complying with the Company’s key tax-related controls.

This position is located at our Corporate Headquarters in beautiful Hartsville, SC and close to exciting destinations (Myrtle Beach, SC Charleston, SC, Columbia, SC and Charlotte, NC).

We would love to hear from you if:

  • At least 10 years of directly related corporate tax provision and compliance experience in public accounting and/or a multinational company.
  • Excellent general accounting knowledge and advanced mastery of ASC740 and related accounting principles as applicable to a global manufacturer.
  • Advanced knowledge of US federal and state corporate income tax laws and regulations.
  • Detail oriented with excellent analytic and problem-solving skills.
  • Bachelor's degree in accounting or taxation; CPA required; master's preferred.
    • Experience with OneStream, OneStream Tax Provision, Oracle and Corporate Tax preferred.
    • Bachelor’s degree with CPA
    • Bachelor’s degree with CPA and Masters in Tax
    • 10 Years experience

Compensation:

The annual base salary range for this role is from $136,275 to $163,530, plus annual target bonus of 12.5% of base salary.

An annual bonus is awarded to eligible employees upon attaining various business and individual goals as defined by the Company and the department leader. This annual bonus is discretionary, and the Company has sole discretion to determine the amount of the award.

At Sonoco Products Company, we offer a comprehensive total rewards package, including competitive pay and benefits. *Benefits listed below are for employees located in the U.S. Specific benefits and wellbeing programs may vary depending on your location (within the U.S. or global), or if you are a union employee.

Benefits

  • Medical, dental, and vision coverage for you and your dependents, including FSA and HSA options
  • 401(k) retirement plan with company match
  • Wellbeing tools and resources to support holistic health, including an Employee Assistance Program with a variety of services
  • Paid time off and holidays to recreate, rejuvenate and care for the health of yourself and family
  • Variety of company paid and voluntary employee-paid insurance plans including life, personal accident, and disability insurance
  • Tuition reimbursement

We are an equal opportunity employer, and we strictly prohibit and do not tolerate discrimination against employees, applicants or any other covered persons because of race, color, religion, national origin or ancestry, sex, pregnancy, sexual orientation, marital status, gender identity or expression, age, disability, genetic information, veteran status, or any legally protected characteristic.

Top Skills

Asc 740
The Company
Hartselle, Alabama
9,318 Employees
On-site Workplace

What We Do

Founded in 1899, Sonoco (NYSE: SON) is a leading manufacturer of consumer, industrial, healthcare and protective packaging. With more than 19,000 employees working in 34 countries, Sonoco serves many of the world’s best-known brands.

Our integrated packaging solutions help define brand personalities, create unique customer experiences and enhance the quality of products and the quality of life for people around the world.

It’s all in the service of our purpose: Better Packaging. Better Life.

Sonoco is committed to creating sustainable products, services and programs for our customers, employees and communities. Sonoco was listed as one of Fortune’s World’s Most Admired Companies for 2021 as well as being included in Barron’s 100 Most Sustainable Companies for the third year in a row.

Learn more at Sonoco.com

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