Manager - Tax Reporting at Cencora
Woking GU21 5BJ, , United Kingdom -
Full Time


Start Date

Immediate

Expiry Date

27 Aug, 25

Salary

0.0

Posted On

27 May, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

International Operations, International Subsidiaries, Cognos, Automation Tools, Research, Models, Tax Reporting, European Languages, Regulations, English

Industry

Accounting

Description

Our team members are at the heart of everything we do. At Cencora, we are united in our responsibility to create healthier futures, and every person here is essential to us being able to deliver on that purpose. If you want to make a difference at the center of health, come join our innovative company and help us improve the lives of people and animals everywhere. Apply today!

SPECIFIC SKILLS

  • Fluency in English. Proficiency in other European languages is also desirable.
  • Advanced excel skills (including in PowerQuery) is an advantage. Knowledge in utilising a broader suite of tools within Office365, and/or knowledge of automation tools is desirable.
  • Ability to navigate ERP systems or financial reporting tools (e.g. Oracle, SAP, COGNOS).

EXPERIENCE

  • Knowledge of tax reporting and tax reporting concepts.
  • Ideal candidates would have experience in tax reporting gained in an international accounting firm environment, or in an international tax function for a U.S. based multinational companies with responsibility for ASC 740 reporting functions for the international subsidiaries of U.S. based multinational companies. For areas that are new / unfamiliar to the candidate, he/she must be comfortable with performing research to arrive at informed conclusions.
  • Using tools available in the Office 365 suite, design processes and procedures to optimize the way data is gathered and processed for tax reporting purposes with an aim to achieving further efficiency (e.g. by automating manual work) or improving the quality of the output (e.g. through automated interactive dashboard reports).
  • Assists International Tax team to develop processes and models to support analyzing the cash tax and effective tax rate impacts of proposed legislation, M&A transactions, discrete events, jurisdictional audits and various planning scenarios.
  • Assist in general corporate tax/transfer pricing matters on an ad hoc basis (with support and guidance from the team).
  • Perform related duties as assigned.
  • Knowledge of U.S. tax laws and regulations applicable to the international operations of U.S. based multinational companies, including a working knowledge of the recently enacted provisions of the Tax Cuts & Jobs Act of 2017, is desirable.

EQUAL EMPLOYMENT OPPORTUNITY

Cencora is committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, age, disability, veteran status or membership in any other class protected by federal, state or local law.
The company’s continued success depends on the full and effective utilization of qualified individuals. Therefore, harassment is prohibited and all matters related to recruiting, training, compensation, benefits, promotions and transfers comply with equal opportunity principles and are non-discriminatory.
Cencora is committed to providing reasonable accommodations to individuals with disabilities during the employment process which are consistent with legal requirements. If you wish to request an accommodation while seeking employment, please call 888.692.2272 or email hrsc@cencora.com. We will make accommodation determinations on a request-by-request basis. Messages and emails regarding anything other than accommodations requests will not be returne

Responsibilities
  • Prepare monthly, quarterly and annual tax provision analysis schedules for reporting to group tax and business management teams. Prepare outputs (e.g. Excel / PowerBI / Powerpoint / Other) which will help communicate in general business language complex tax and ASC 740 calculations to non-tax business executives.
  • Liaise with UK tax team in maintaining and updating for UK legislative changes a tax provision calculation file, and supporting businesses teams with using the file for computing tax provisions.
  • Liaise with local finance teams to understand the composition of local tax provisions made (including understanding assumptions and key drivers of variances from the statutory tax rate), and perform reconciliations of statutory to effective tax rates.
  • Maintain a tax risk register and have oversight over central provisions which may be required, including performing central computations for and advising on outputs regarding APB23 provisions and provisions for Uncertain Tax Positions.
  • Supporting the integration of new businesses into the Cencora group on tax reporting, including setting up tax reporting processes and liaising with finance teams with respect to impacts which impact the purchase price allocation computations.
  • Collate information and provide input into the US Tax Form 5471, 8858 and 8975, including working with local finance teams where appropriate.
  • Work with IT, business finance and US corporate tax reporting teams to ensure that accounting systems are configured to produce the necessary information and the data obtained meets the requirements of the US corporate tax reporting teams. Seek to continuously improve the efficiency, timeliness and accuracy of global reporting of income tax expense, including integration of the provision system with the company’s Financial Planning and ERP systems.
  • Assist in maintaining procedures and processes to ensure adherence to Sarbanes-Oxley internal controls over the financial reporting of income taxes for non-U.S. operations.
  • Using tools available in the Office 365 suite, design processes and procedures to optimize the way data is gathered and processed for tax reporting purposes with an aim to achieving further efficiency (e.g. by automating manual work) or improving the quality of the output (e.g. through automated interactive dashboard reports).
  • Assists International Tax team to develop processes and models to support analyzing the cash tax and effective tax rate impacts of proposed legislation, M&A transactions, discrete events, jurisdictional audits and various planning scenarios.
  • Assist in general corporate tax/transfer pricing matters on an ad hoc basis (with support and guidance from the team).
  • Perform related duties as assigned.
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