ASSISTANT MANAGER - COPORATE TAX

Job description

Company Overview for Formosa Plastics Corporation, U.S.A. Founded in 1978, Formosa Plastics Corporation, U.S.A. (Formosa Plastics) is a growing, vertically-integrated supplier of plastic resins and petrochemicals. With annual revenues of more than $5 billion, we employ over 2,800 people who operate 20 production units in six business divisions - Olefins, Polyolefins, Vinyl, Specialty Polyvinyl Chloride, Chlor-Alkali, and Oil & Gas. Formosa Plastics offers a full line of polyvinyl chloride, polyethylene and polypropylene resins, caustic soda and other petrochemicals that deliver the consistency, performance and quality that customers demand. We market our polypropylene and polyethylene resins under the Formolene® tradename; we market our suspension PVC and specialty (dispersion) PVC resins under the Formolon® tradename. We also produce and sell caustic soda, ethylene dichloride, commercial bleach and hydrochloric acid. We are committed to supplying the highest quality products and services to our customers, providing a safe and healthy workplace for our employees and contributing to the quality of life in the communities where we operate. This commitment is made possible through our dedicated people, consistent products, continued protection of the environment and ongoing investments in new product development, quality control systems and safe, modern and energy-efficient production facilities. Formosa Plastics is a privately held company headquartered in Livingston, New Jersey. Our core business, producing plastic resins and petrochemicals, takes place at three wholly-owned chemical manufacturing subsidiaries located in Delaware City, Delaware, Baton Rouge, Louisiana and Point Comfort, Texas. ASSISTANT MANAGER - CORPORATE TAX POSITION OBJECTIVE This position reports to the Tax Director and is responsible for assisting Tax Manager with the review of compliance workbooks, following up on the progress of tasks and projects, and tracking all applicable due dates. Additional assigned responsibilities include, but are not limited to, researching U.S. tax regulations, performing tax analysis, and supporting tax audits. MAJOR AREAS OF ACCOUNTABILITY 1. TAX COMPLIANCE: Own the accuracy and timeliness of the group’s federal and state income, franchise, and excise tax filings and annual reports — guiding and reviewing staff- prepared returns and workpapers, tracking all applicable due dates, and serving as the primary liaison with taxing authorities, including coordinating and defending tax audits. 2. PLANNING AND STRATEGY: Provide tax analysis of business transactions and structures, evaluating alternatives as directed by management. Monitor domestic and foreign legislative, ruling, and regulatory changes, assess their impact on the Company, and recommend and implement responsive actions to manage existing positions and capture new opportunities. 3. FINANCIAL REPORTING: Ensure the proper accounting and external financial reporting of income taxes — including the annual tax provision, true-ups, account reconciliations, and related disclosures — in accordance with applicable standards (ASC 740, formerly FAS 109 / FIN 48). 4. COLLABORATION: Serve as a tax resource and advisor to other departments and business divisions, communicating tax issues, impacts, and requirements clearly to non-tax stakeholders. 5. IMPROVEMENT: Own the efficiency and accuracy of the tax preparation workflow — strengthening workbooks, controls, and documentation — while promoting administrative efficiency and operational flexibility. 6. STAFF MANAGEMENT: Supervise and develop assigned tax professionals — assigning and reviewing their work, coaching each individual toward their fullest potential, and fostering a collaborative, cross-functional team that consistently meets quality standards and deadlines. QUALIFICATIONS • Experience in corporate income tax. • Supervisory experience in tax compliance. • CPA firm experience is preferred. • B.S. in Accounting or Corporate Taxation. • May require ~5% travel. • Proficiency in Microsoft Office and Adobe Acrobat Professional. • Good communication skills both in oral and writing. • Ability to conduct research and perform tax analysis. • Knowledge of using Corp-tax is a plus. • Supervising a team of 3 or more. • Problem solving and analytical thinking to adapt tax law changes. • Must participate in the subject training and pass required certifications. • Continued development as required such as: Legal and Ethical Training (LERN) and other internal and external tax related training. CPA preferred. Check Out Our Benefits Health Coverage and Perks Excellent medical, dental, and vision insurance plans Flexible spending accounts for health, dependent care Short-term Disability Long-term Disability Group Term Life, Dependent and Supplemental Life Insurance Tuition Reimbursement ​​​​​​​ Work/Life Balance 10 Paid Holidays Paid Time Off for a balanced life (Vacation, Sick and Personal Time) FlexTime Available Competitive Compensation Competitive salary, incentive/bonus, 401(k) plan with company match, Cash Balance, Pension Plan