Director, Tax - GROWMARK, Inc. - Bloomington, IL
SALARY RANGE: $156,400.00 - $203,350.00
GROWMARK is an agricultural cooperative serving almost 400,000 customers across North America, providing agronomy, energy, facility engineering and construction, and logistics products and services, as well as grain marketing and risk management services. Headquartered in Bloomington, Illinois, GROWMARK owns the FS trademark, which is used by its member cooperatives. GROWMARK also owns and operates SEEDWAY, the largest full-line seed company in the United States. More information is available at growmark.com.
PURPOSE AND SUMMARY STATEMENT
Monitors pending and enacted tax legislation applicable to the GROWMARK system, develops tax planning strategies and ensures that GROWMARK and subsidiaries comply with reporting and payment requirements for all taxes imposed by local, state, provincial and federal government agencies.
SUPERVISION AND LEADERSHP
Supervises, leads, and develops the Sr. Tax Manager and Sr. Tax Analyst. Provides direction and guidance to core member companies, subsidiaries and divisions on tax compliance and tax planning issues.
ESSENTIAL JOB FUNCTIONS
Directs the preparation of all foreign and domestic income, property, excise, franchise and sales tax and registration fee filings and payments for GROWMARK and subsidiaries.
Identifies, researches and interprets code, regulations, rulings and court decisions applicable to taxes and fees which apply to core member cooperatives, GROWMARK and subsidiaries.
Evaluates the book and tax effect of alternative income distribution scenarios and recommends a corporate tax planning strategy.
Communicates with GROWMARK management and employees of GROWMARK and subsidiaries regarding compliance issues, tax planning strategies, tax savings opportunities and the status of tax audits.
Advises senior management on the tax implications of mergers, acquisitions, joint ventures, and divestitures, and other business initiatives or complex transactions
Responsible for completing the year end income tax provision and other tax accounting matters for preparing the audited financial statements for GROWMARK and its subsidiaries.
Provides direction, guidance and tax services to core member cooperatives.
Monitors legislative and legal precedent changes in the tax law. Institutes procedures to manage and control tax risks, including seeking legislative changes.
Develops and maintains tax policies and systems to protect assets and comply with tax laws for GROWMARK and subsidiaries.
Ensures compliance with GAAP in recording tax transactions for book and tax reporting.
Ensures that the annual computation of patronage distributions conforms to the applicable sections of the tax code governing cooperatives.
OTHER JOB FUNCTIONS
In conjunction with tax counsel, develops defenses on tax issues raised on examinations by government agencies.
Participates in divisional strategic planning and budgeting.
Maintains appropriate tax/accounting, cooperative and other professional associations.
Follows GROWMARK’s Code of Conduct and Corporate Compliance Program, Environmental Health and Safety, OSHA and DOT policies and procedures, as they apply.
Responsible for encouraging, supporting, and promoting innovative practices, ideas, and technologies within the team.
Performs all other duties as assigned.
REQUIREMENTS
Normally requires a BS Degree in Accounting and CPA, and at least 10 to 12 years of experience in analyzing financial results, general accounting, tax accounting and tax compliance, including cooperative taxation.
Advanced understanding and experience with general accounting, accounting information systems, tax management, internal controls, audit strategy, policies and procedures, risk management, and compliance along with accounting strategic planning and program execution.
Proven leadership and management skills including staffing, coaching, performance evaluation and team building.
Proven professional communication, interpersonal, persuasion and customer service skills, and ability to maintain professional relationships with taxing authorities.
Demonstrated planning, organization, analytical, problem-solving, decision-making and project management skills.
Proven computer skills and the ability to use office and tax software, software query tools and internet resources.
Demonstrates essential abilities including business knowledge, collaboration, communication, customer focus, decision making and skill development.
Must maintain a valid driver’s license and passport and have the ability to travel independently and overnight as necessary.
May be required to work hours beyond what is considered normal business hours.
Ability and willingness to participate in required training that may include education on GROWMARK’s policies and procedures and additional training as it relates to the requirements of the position.
At GROWMARK, we are dedicated to supporting the long-term financial well-being of our employees through a fully funded pension, a cornerstone benefit that ensures security for the future. We offer a comprehensive benefits package that includes medical, dental, vision, and life insurance, along with a variety of supplemental plans like accident, critical illness, disability, hospital indemnity, and identity theft protection. To promote a healthy work-life balance, employees enjoy generous paid time off (PTO), paid holidays, and parental leave, giving you time to recharge and focus on what matters most. Additionally, our 401(k) plan with company matching helps you plan for retirement, while our free Employee Assistance Program (EAP) supports your overall well-being. Whether you're starting your career, balancing family life, or planning for retirement, our company is committed to providing employees with a comprehensive and competitive Total Rewards package that meets your needs at every stage. Benefits eligibility may vary depending on the position.
Actual compensation will be determined based on experience, location, and other factors permitted by law. In addition to base pay, certain roles may be eligible for bonuses, incentives, and commissions.
Nearest Major Market: Bloomington IL
Nearest Secondary Market: Normal
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