Tax Manager
MRC is a diversified global entertainment company with divisions including Film and Television.
Role Description:
MRC is seeking a Tax Manager to join its finance & accounting team. This role will report to the VP, Controller and partner closely with other finance team members as well as other cross-functional leaders to manage day-to-day compliance work, drive the company’s tax-related workstreams, and provide guidance regarding the tax implications and risks/opportunities of various key business decisions. The ideal candidate will be a skilled communicator, highly adaptable, and thrive in a fast-paced environment.
Responsibilities:
- Ensure compliance with all applicable federal, state, and local tax laws and regulations
- Preparation and/or oversight of income tax compliance filings for Partnership, C-corporations and LLC production entities (Form 1065, Form 5471, Form 8858 and 8865, California Forms 568)
- Maintain tax calendar for various filings, compliance matters, and other tax-related workstreams
- Serve as key point of contact for external tax advisors
- Assist external tax advisors with preparation of the Federal tax compliance model used for estimated taxable income allocations for extensions (partnership), including analysis of §704(b).
- In-depth knowledge of IRC Section 754 and partnership allocation based on IRC Section 734(b) and 743(b).
- Create multi-year tax forecast model based on company operating plan
- Forecast cash tax distributions to partners (and corresponding company obligations)
- Ability to sensitize/adjust forecast based on different operating scenarios
- Work closely with internal stakeholders to evaluate the income tax implications of certain business and/or partner decisions, including unit sales/divestitures, M&A, financing, and investment structuring, etc., and research of the relevant tax laws for such transactions
- Address inquiries from various tax authorities, including requests for information and/or documentation and responses to tax-related issues
- Assist with other ad hoc projects and analysis as assigned
Experience and Qualifications:
- Bachelor's degree in Finance, Accounting or related business discipline required, Master’s degree in Taxation preferred
- Minimum of six (6) years of previous relevant tax compliance experience, preferably within the media and entertainment industry
- CPA or equivalent certification preferred
- Excellent grasp of tax technical knowledge and concepts, particularly regarding partnerships, and ability to stay up-to-date on current developments in tax laws and regulations
- Highly organized with the ability to maintain a large volume of information
- Self-starter with excellent interpersonal communication and problem-solving skills
- Detail oriented with strong analytical and project management skills
Hiring Salary Range is $120,000 to $130,000 annually. Starting pay for the successful applicant depends on a variety of job-related factors, including, but not limited to, market demands, experience/training, and education.
MRC is an equal employment opportunity employer. All applicants and potential candidates are evaluated on the basis of their qualifications, consistent with applicable local, state, and federal laws.