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IKEA US is headquartered in Conshohocken PA, generating annual revenue of over $6 Billion, Operating 68 Retail Units and 13 Distribution Units across the US. This position reports to the CFO. We see ourselves as influencers – we steer the IKEA business by finding the truth behind the figures. Together we secure compliance with local and international laws and reporting standards; we assure that accounting processes are efficient and that tax compliance meets business needs. We’re a diverse group of people driven by providing reliable financial data to a wide variety of stakeholders. At the end of the day, that’s one of the foundations to make IKEA even better!
Job Responsibility:
Lead the overall US tax function, including federal, state, international, local and indirect taxes
Own US tax strategy, planning, and risk management in alignment with IKEA’s Global Tax function
Identify tax planning opportunities to optimize cash flow and tax expense and/or limit exposure
Optimize and monitor legal structure for tax efficiencies
Ensure full compliance with US federal, state, international and local income & franchise tax requirements
Oversee US tax provision reporting under US and Dutch GAAP
Manage and direct all US inbound international tax matters, including transfer pricing, withholding taxes, Interco. transactions, debt capacity, etc
Oversee indirect tax planning and compliance
Coordinate and manage all US federal, state, and local tax audits and controversies
Monitor legislative and regulatory developments impacting US inbound businesses
Partner with global tax, finance, treasury, legal and other functions on tax projects and other initiatives with potential tax implications
Lead, develop and manage internal tax resources and external advisors
Provide clear, strategic communication to IKEA global tax colleagues and US Management on tax risks, exposure, and opportunities
Requirements:
Bachelor or Master’s Degree in Accounting / Finance / Economics or a related field
CPA Required
10+ years of combined multi-national corporate and/or public tax experience with progressive leadership growth
Preferred experience working with a retailer that earns over $1 billion in sales per year, and with multiple locations
Comprehensive grasp of capabilities and benefits of tax and financial platforms (e.g., OneSource, Vertex, SAP, etc.)
Advanced technical expertise in US federal, state and international inbound tax issues
Strong knowledge and experience with tax controversy management
Strategic thinking with the ability to align tax strategy to business objectives
Strong understanding of ASC740 and tax accounting principles
Ability to translate complex tax matters into business-focused guidance
What we offer:
Generous paid time off, holiday and sick time
IKEA Supplemental Retirement Accumulation Plan (SRAP)