Principal – State Income Tax
Job Description
About Us:
Mercedes-Benz North America Corporation is a US subsidiary of Mercedes-Benz Group AG, one of the most successful automotive companies. With Mercedes-Benz AG, the Group is one of the leading global suppliers of premium and luxury cars and vans. Mercedes-Benz Mobility AG offers financing, leasing, car subscription and car rental, fleet management, digital services for a charging and payment as well as innovative mobility services. Headquartered in Farmington Hills, Michigan, Mercedes-Benz North America Corporation (MBNAC) operates as a holding company for all Mercedes-Benz Group entities in the United States of America. MBNAC provides services to Mercedes-Benz Group subsidiaries in North America in areas such as Treasury, Tax, Accounting, Corporate Communications, Government Relations, Legal and Human Resources.
Why work at Mercedes-Benz North America Corporation?
Working at Mercedes-Benz North America Corporation is more than a job – it’s an opportunity to join an innovative team where you are valued for your contributions. As an employee, you will experience career development in a positive, employee-centric environment. We’re a global company that not only offers best-in-class products to our customers but also best-in-class benefits to our employees. Our employees experience a comfortable, friendly environment and relaxed, inclusive culture.
Benefits
When working at Mercedes-Benz North America Corporation, you will enjoy a comprehensive and amenity-rich benefits package offering something for every employee at each stage of their life.
As a new employee, you will have the opportunity to take advantage of the following benefits that go beyond – beginning day one:
Get Rewarded! Competitive salary plus an annual bonus based on company performance and/or personal yearly performance
Need a vacation? How about just some time for YOU! In addition to our vacation time, you’ll receive fifteen (15) additional corporate holidays, which will allow you to celebrate religious holidays or escape to the spa! Designed to be flexible, we let you decide which days are most important to you!
Ride in Style - All employees are eligible to participate in the Mercedes-Benz Employee Lease Program
We want you to be healthy! Outstanding medical, dental, and vision insurance, employer-paid short and long term disability plus on-site exercise facilities
Is your family growing? Enjoy generous paid Family Leave Programs - Six Weeks for New Parents; Adoption Expense Reimbursement Programs - up to $6k per child
Want to go back to school? Tuition Assistance Scholar Program - receive up to $8k in vouchers to complete business-related coursework
- $6k for undergraduate
- $8k for graduate
Job Overview:
Perform US state/local income and franchise compliance for the consolidated group. Provide support for tax audits, special projects, tax risk analysis, forecasts, other financial reporting requirements and federal tax compliance.
Responsibilities:
- Prepare and review (as needed) state and local income tax and franchise tax returns for the consolidated US tax group and support the state and local tax process overall. Ensure accurate and timely submission of returns and compliance with tax laws/regulations and internal control processes. Perform complex tax analysis and research as needed. Communicate and interact closely with management, internal departments, external consultants, and other Mercedes tax departments to gather information, address issues, and collaborate on tax topics. (45%)
- Assist in all aspects of state and local income tax and franchise tax audits and dispute resolution to ensure compliance with applicable tax laws/regulations and internal control processes. Ensure audit inquiries are thoroughly researched and responses to external auditors’ inquiries are clear, cogent, and timely. Respond to or review notices/miscellaneous correspondence from state tax authorities (35%)
- Prepare and assist management with state tax financial reporting requirements including preparation or review of detailed tax forecasts, operative planning, risk analysis, and cash planning/payments. Compute and analyze state tax contingencies and prepare the quarterly state tax contingency reserve whitepaper. Ensure tax results and risks are complete and accurately forecasted and valued in accordance with IFRS and internal control processes. Communicate information to Accounting and external auditors. (10%)
- Perform federal tax compliance including preparation and review of federal tax returns for the US consolidated group. Assist with international income tax compliance required for US tax filings. Ensure accurate and timely submission of federal returns and supporting analysis in accordance with applicable tax laws/regulations and internal control processes. (5%)
- Assist management with special projects and conduct ad-hoc tax research as required or requested to optimize overall tax position and reduce tax risks involved with these projects and strategies. Monitor tax legislation and impact to Mercedes. (5%)
Qualifications:
Education:
Bachelor’s Degree (accredited school) with emphasis in Accounting, Finance or Law
Master of Science in Taxation or LLM in Tax preferred
Certified Public Accountant (CPA) license required
Experience:
Must have 5+ years (total) of experience with a Big 4 or regional accounting firm and/or corporate tax department.
Must have knowledge of US tax law and tax compliance processes, must possess analytical and computer/technology skills for tax research and must have the ability to evaluate financial statement data, the ability to collect data, establish facts, identify trends and must have knowledge of accounting transactions and internal controls.
Other Skills:
Strong analytical skills and organization skills
Proficiency in PC skills and Microsoft Office applications. Corptax knowledge a plus.
Effective presentation and communication skills
Demonstrated problem‑solving abilities
Ability to work independently and as part of a team
Posting Statement
Mercedes-Benz North America Corporation offers competitive salary commensurate with experience and a full suite of benefits including 401(K) with match, generous vacation and personal time, performance-based bonuses, a Mercedes-Benz car program and more.
EEO/Minorities/Females/Disabled/Vets
#LI-JM2