Manager, Compliance and Tax Reporting at The Bradford Exchange

Niles, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

23 Mar, 26

Salary

150000.0

Posted On

23 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Accounting, Tax Reporting, Tax Audits, Tax Planning, Regulatory Compliance, Communication, Microsoft Excel, Microsoft Word, Team Management, Problem Solving, Research, Workflow Management, Financial Reporting, Vendor Management, Statutory Requirements, Exemption Determination

Industry

Online and Mail Order Retail

Description

Impassioned…Emboldened…Infinitely Curious: The Bradford Group family of brands is a world leader in new product development. We have been selling joy for over 50 years! Our global organization consists of business divisions ranging from jewelry, apparel, collectible coins, home decor to holiday and so much more. We concept, create, design and market our creative products directly to our customers, and leverage licenses with the biggest names in entertainment and sports to bring unique and curated products to our customers across the globe. We are looking for a Manager of Compliance & Tax Reporting who will be responsible for preparation of US income taxes (Federal and State returns), coordination of tax audits ( Federal and state income tax audits as well as US and Canada sales tax audits), tax planning and research, and coordination with advisors company tax matters, and other governmental reporting requirements (census, surveys, etc.). Will also be a liaison on international tax issues that impact the corporate/parent structure. Serves as a resource to Accounting and other departments by implementing new procedures or as a "troubleshooter" to resolve tax related issues. These issues may involve modification of procedures to more accurately reflect the results of regulatory audits, changes in assessment requirements or auditing of internal procedures. Many initiatives are a team effort involving individuals within Accounting, Legal, Purchasing, outside legal counsel or tax advisors. How you will contribute: Preparation and filing of combined federal 1120S, 1042S, 1099 INT, 1099 OID, Form 945 for The Bradford Group companies. Prepare and review supporting workpapers including M-1 adjustments, foreign source income, 5471, and 8858 for Foreign subsidiaries. Coordinate preparation, review and filing of extensions and returns with external tax accountants. Establish tax reporting policies and solve new or unusual issues with external tax advisors (e.g. Unicap, CTA on foreign branch closures). State returns and extensions including Illinois unitary return for the Bradford Group. Amend prior year federal and state returns, if needed. Manage workflow, training and development of staff member. Coordinate tax audits Monitor nexus and state rules impacting filing requirements and implement new filings as required. Determine statutory requirements and exemptions. Establish procedures for vendors, purchasing departments and Accounting to minimize our tax liability and ensure that taxes are properly remitted. Coordinate audits and government inquiries Work with Financial Reporting to revise tax compliance procedures based on results of audits/inquiries or change in business practices Liaison with tax authorities, outside legal counsel, accounting firms and in-house Legal Dept. to identify and resolve potential exposure to sales taxes. Ensure that we properly self-assess tax on purchases Communicate with purchasing departments to ensure that our purchases qualify for all available exemptions:IL temporary storage and expanded temporary storage exemptions and IL software exemption. Review vendors' requests for sales tax exemptions (IL and FL). Determine which exemptions, if any, are applicable and provide vendors with required certificates. Other compliance matters (corporate annual reports, census reporting, annual bank secrecy reporting). Fixed asset accounting (GAAP and Tax). Work with Accounting, Legal, Purchasing and outside counsel to ensure that operational and accounting procedures are consistent with internal and external requirements. Reorganizations, transfer pricing reviews, system related updates, and other special projects as assigned. What you will bring and skills that excite us: Bachelor’s degree in accounting. Minimum 6+ years progressive accounting experience. Minimum 3+ years experience in tax/audit including corporate tax returns (specifically Sub S) Knowledge of generally accepted accounting rules, practices, tax laws, and reporting requirements. Must be familiar with regulations at the federal, state, and local level. Ability to communicate (written and verbal) in a professional manner when dealing with employees, vendors and company contacts. Must be PC proficient with experience in Microsoft Word, Excel, Power Point, mainframe applications, etc. Bradford at a glance: Our scale: We have over 250 employees based out of our global headquarters right outside of Chicago, we have marketing operations in over 10 countries worldwide, and have over 32 million customers served. Compensation and benefits: We offer a competitive compensation plan and great benefits, with some benefits starting from day 1! We own the company: Employee Stock Ownership Plan (ESOP) which allows you to not only derive the benefits of working as an employee at The Bradford Group, but also gain the benefits of being an owner. Professional Development: There is always room to learn! We offer a Professional Development Program, a Mentor Program, and LinkedIn Learning to our teams as well as additional hands-on training and development. Our teams utilize a continuous performance management and development structure for feedback. We meet quarterly to focus on the future! Our values: Honesty. Innovation. Respect. Teamwork. Giving back. These are just some of the core values that drive our team members. Our team strives to build a culture of continuous feedback where anyone can share and create our “next big idea,” among diverse and inclusive teams. Flexibility and wellness: Whether it’s offering hybrid environment (onsite/remote) for our corporate staff, to a generous, front-loaded PTO and holiday package to all staff and corporate wellness initiatives such as health fairs and an onsite fitness center, we are committed to our team members well-being. New hires start with 16 days of PTO and 8 paid holidays per year. Perks and more: We have a Business Casual Work Environment, Health and Dental Insurance, Vision, Life Insurance, Disability Insurance, Paid Time Off (PTO), Direct Deposit, Credit Union, Flexible Spending Accounts, Health Savings Accounts, Employee Assistance Program, Employee Referral Bonus Program, 401(k), Profit Sharing, Tuition Reimbursement, Toastmaster’s memberships, a Peer Recognition Program, Product Discounts and more! Compensation: $119,000 - 150,000 The Bradford Exchange is an Equal Opportunity Employer. #LI-Hybrid

Responsibilities

The Manager of Compliance & Tax Reporting will prepare US income taxes, coordinate tax audits, and manage tax planning and research. They will also serve as a resource for Accounting and other departments to resolve tax-related issues.