Sr Manager, Income Tax Planning

Job Id: R0000433705

The pay range is $95,000.00 - $171,000.00

Pay is based on several factors which vary based on position. These include labor markets and in some instances may include education, work experience and certifications. In addition to your pay, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Target offers eligible team members and their dependents comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more, to help you and your family take care of your whole selves. Other benefits for eligible team members include 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation. Find competitive benefits from financial and education to well-being and beyond at https://corporate.target.com/careers/benefits.

About us:

Working at Target means helping all families discover the joy of everyday life. We bring that vision to life through our values and culture. Learn more about Target here.

Working within Tax, your mission will be to drive value-added work and support our core retail business goals. Our tax team focuses on all aspects of tax reporting including enhancing productivity and efficiency of core compliance through process and technology, monitoring tax risk and opportunities across all tax disciplines, engaging and educating Finance and the broader organization regarding tax considerations, and prioritizing team resources to support key work streams.

As a Senior Manager of Income Tax, you will be responsible for various aspects of the federal income tax function. This role primarily leads the federal income tax planning and IRS audit management processes and supporting aspects of the provision, compliance, and forecasting tax matters. This includes managing various tax accounting methods such as inventory, Section 174, R&D tax credit, and other tax planning. You will also perform tax research and prepare technical memorandums and tax audit responses, resolve tax inquires and maintain strong relationships with taxing authorities to resolve tax matters efficiently.

In this role, you will lead a team, either directly or indirectly, of tax experts and advisors and support the growth, development, and cross training of team members. You will develop and implement work plans and timelines to proactively prepare for peak workload demands and uphold best in class business control processes and tax documentation to be used for tax and financial statement audits. You will also monitor tax legislative changes (both proposed and enacted) in order to quantify and communicate the impact to Target. In this role, you will leverage your strong communication and problem solving skills while advising internal business partners of tax implications and considerations of new business initiatives and partner to create solutions that will help Target grow.

Core responsibilities of this job are described within this job description. Job duties may change at any time due to business needs.

About you:

• Four-year degree in Accounting, Finance or related business area or equivalent experience
• 6+ years of income tax experience with an accounting firm or equivalent experience in a large corporate tax department
• Strong understanding of US GAAP accounting principles
• Proven ability to effectively develop, manage, and inspire team members and work together as a team.
• Ability to investigate, strategize, and solve problems while working with ambiguity.
• Excellent written and verbal communication skills with experience advocating for tax matters both internally and with external auditors and government officials.
• Experience with OneSource Income Tax and Tax Provision, SAP or similar general ledger system, and data analytics tools such as Alteryx, PowerBI, DOMO or other analytics software is preferred.

This position will operate as a Hybrid/Flex for Your Day work arrangement based on Target’s needs. A Hybrid/Flex for Your Day work arrangement means the team member’s core role will need to be performed both onsite at the Target HQ MN location the role is assigned to and virtually, depending upon what your role, team and tasks require for that day. Work duties cannot be performed outside of the country of the primary work location, unless otherwise prescribed by Target. Click here if you are curious to learn more about Minnesota.

Benefits Eligibility

Americans with Disabilities Act (ADA)

In compliance with state and federal laws, Target will make reasonable accommodations for applicants with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process, please reach out to candidate.accommodations@HRHelp.Target.com. Non-accommodation-related requests, such as application follow-ups or technical issues, will not be addressed through this channel.