Senior Manager, Special Projects​/US Tax

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What We Offer

At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.

What We Offer

At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.

Group Summary

Magna is more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.



Job Responsibilities

About the Role:

The Senior Manager, Special Projects/ US Tax will support the Tax Department by advising on U.S. Federal and State tax implications arising in the conduct of our business, identifying potential issues, opportunities, and alternatives to deliver timely resolution in an optimal manner.

Your Responsibilities

• Lead US tax team involvement in external M&A and internal restructurings and planning initiatives in collaboration with non-US counterparts as required, to include due diligence, transaction planning and modeling, making recommendations on tax sections of sale/purchase agreements, and supporting post-closing integration.
• Monitor the tax press regularly for actual or potential changes in tax legislation and regulations, or interpretations thereof, and identify, distill, analyze, and disseminate within the Tax group developments with actual or potential significance to the organization.
• Present tax planning initiatives to senior leadership.
• Research tax implications of return filing positions.
• Advise on tax implications of customer and vendor contracts, intercompany arrangements, asset/ stock sale and purchase agreements, partnership agreements, etc. and make recommendations to optimize the organization’s position with respect to such implications.
• Document issues and technical tax analysis for all projects to include relevant facts, analysis, and citations to applicable authority to defend tax positions on exam.
• Lead or assist in dealings with dealings with tax authorities, including prep or review of submissions, and analysis, advocacy and negotiation of position alternatives and settlement agreements.
• Maintain the annual Transaction logs and identify, prepare, or review applicable tax return disclosures.
• Lead and manage projects and relationships with outside tax and legal advisors.
• Special projects and other duties as assigned.

• Master's degree in Tax with extensive applicable experience
• Certified Public Accountant (CPA)
• Fifteen (15) years+ of related experience required with five (5) years in law firm or Big 4 accounting firm.
• Ability to travel, including cross-border, 5% - 10%

• Juris Doctorate with LLM
• Strong knowledge of Subchapter C, including M&A, and consolidated return rules; working knowledge of Subchapter K and partnership agreements.
• General knowledge of international tax principals, including inbound/outbound taxation and familiarity with US Tax treaties, including mechanics of LOB provisions.
• Superior tax research skills to identify, interpret and apply laws, regulations, caselaw, rulings, etc. relevant to addressing a variety of tax issues and opportunities as they arise.
• Superior technical writing skills to clearly and concisely present, analyze and document tax positions in memorandums and other written guidance and communications.
• Ability to independently identify and evaluate pertinent facts and issues and apply the tax laws in both day-to-day transactions and special projects to determine the consequences, and to provide practical tax advice and application/implementation guidance to personnel both within the Tax Department and in other functional areas of the organization.
• Advanced Excel capabilities to develop sophisticated analytical models, including those that require large data sets, to model tax consequences in various M&A, restructuring, and financing scenarios.
• Solid…