Principal International Tax Analyst

General Description This position is responsible primarily for U.S. international tax compliance and project support.  This position will report to the Director – International Tax.  Additionally, as needed, this position will assist the Director – International Tax with Federal tax audits related to international matters and tax accounting matters affecting international operations.  This position must possess knowledge and understanding of U.S. tax laws related to outbound investments.Specific Duties 1.  Prepare U.S. international tax returns (e.g., Forms 5471, 8865, 1118, etc.), information statements, elections and disclosures requiring complex analysis if U.S. international tax laws and regulations. 2.  Management and supervision of the U.S. international compliance process, including calculation of foreign source income, expense allocations, reporting requirements and taxable inclusions for foreign pass-throughs, and preparing appropriate tax return disclosures.  Research and apply U.S. Internal Revenue Code, U.S. Treasury Regulations, administrative rulings, case law, treaty law and foreign country tax laws to develop global tax minimization strategies and to enhance global cash flow in a tax efficient manner. 3.  Assist Director – International Tax in developing and implementing strategic and tactical tax planning initiatives designed to reduce the Company’s global effective tax rate and cash tax burden. 4.  Assist Director – International in developing tax efficient acquisition, joint venture and divestiture strategies in a manner consistent with the company’s business goals. 5.  Assist Director – International Tax and Manager – with US and foreign tax accounting matters. 6.  Monitor changes in U.S. international tax laws and foreign country tax laws to anticipate the impact to Timken’s global tax liability and to take advantage of such changes when appropriate. 7.  Assist Director – International Tax with IRS large case audit responses and with the management of Local country tax audits.Education & Experience · Bachelor’s degree in Accounting or Finance required. · Master’s in Tax, JD or MBA preferred. · CPA strongly preferred. A minimum of 5 years of tax experience is required; a minimum of 2 years of international tax experience in a Big 4 accounting firm, law firm, or Fortune 500 Multi-national Corporation is preferred. Watch our video to  learn more about us. www.timken.com