Manager, Tax Compliance at Herbalife in Torrance, California

Job Description:

The role:

The Tax Compliance Manager will be an integral part of the tax compliance team within the Herbalife tax department. This position will play a critical role in the monthly, quarterly and annual US tax compliance filing requirements, supporting the Director of Domestic Tax. This role will also assist with certain aspects of the quarterly provision. The Manager will work on special projects with senior members of the department to build efficiencies within the Company’s tax processes.

How you would contribute:

• Primary preparer of US Federal Tax Compliance calculations and filings and FIN48 position


• Perform calculations of book-to-tax differences and state modifications


• Prepare annual tax return extension of time to file and quarterly estimate calculations


• Prepare Forms 5471 for Controlled Foreign Corporations (“CFCs”), Forms 8858 for Branches and Foreign Disregarded Entities (“FDE”) including:


• Calculate GILTI, §956 Income, §245A Income, §986(c) gains & losses, §987 gains & losses and Subpart F income


• Prepare Form 1118 and document all required support for this filing


• Determine §861 allocations to foreign source income


• Prepare tax basis balance sheet


• Assist with preparation of additional US Federal and State tax compliance requirements (i.e. FBAR, etc.)


• Prepare required elections and disclosures such as check-the-box elections, DCLs


• Function as the point person and resource for tax compliance software and work with Senior Manager, Tax Systems on the optimization of the software


• Lead State and Local Tax Compliance Process


• Review apportionment analysis


• Review state tax returns prepared by fellow peers/consultants


• Lead preparation of returns for e-filing


• Support US Federal and State tax audits


• Assist Director in collection of data and preparation of responses for income tax examinations


• Find efficiencies in Federal and State compliance


• Lead for the annual R&D study


• Assist with the analysis of new legislations for quarterly provisions and returns


• Calculate Federal and State depreciation for the quarterly provisions and returns


• Perform special projects, as needed

Supervisory responsibilities:

Tax associates will ultimately report to the Manager

Skills and background required to be successful:

Skills:

• Strong written and verbal communication skills


• Strong analytical skills and project management skills


• Detail oriented with strong trouble-shooting and problem-solving skills


• Excellent teammate who can work efficiently across distances with global tax and finance team members


• Demonstrated ability to motivate self to meet or exceed expectations and deadlines


• Proven understanding of basic accounting (debit-credit and journal entry) skills


• Strong background in US tax law, including both domestic and international concepts


• Strong experience with US and International technical tax matters


• Strong proficiency in Microsoft Office Suite and tax-research software


• Experience with Corptax software


• Direct experience with Hyperion/HFM consolidation software, Oracle ERP, and/or other ERP system

Experience:

• 7+ years of tax compliance experience in both Big 4 and multinational corporate setting

Education:

• BA/BS in Accounting or Finance

Perks/Benefits:

• Health & Wellness important to you? We’ve got you covered with benefits day 1! No waiting time for medical, dental & vision


• Need a break? We’ve got your back with generous time off, including paid holidays, compensated volunteer days and extra days for the unexpected


• Get your fitness on!! Onsite fitness center, group classes including yoga and bootcamp, free personal training and fitness challenges year-round


• Get paid and get moving with our Wellness Incentive Program! Annual employee reimbursement (up to $500) and access to a Wellness Coach


• Balance equals a healthy and happy community! We offer flexible work schedule, telecommuting and rideshare options


• Like freebies and discounts? Complimentary HN products in our stocked pantries, generous discounts and free HN apparel/accessory giveaways


• Planning for the future? 401(k) with company-match, ESPP, tuition reimbursement and online/onsite courses

Want to learn more? Don’t wait, APPLY NOW!

At Herbalife, we value doing what’s right. We are proud to be an equal opportunity employer, making decisions without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected characteristic. We value diversity, strive for inclusivity, and believe the differences among our teammates is a key contributor to Herbalife’s ongoing success.