The Walt Disney Company Supervisor, Tax Provision in Glendale, California
At Disney, we‘re storytellers. We make the impossible, possible. We do this through utilizing and developing cutting-edge technology and pushing the envelope to bring stories to life through our movies, products, interactive games, parks and resorts, and media networks. Now is your chance to join our talented team that delivers unparalleled creative content to audiences around the world.
Disney Tax is a fast-paced, dynamic environment made up of multiple subgroups that collectively manage the tax needs of The Walt Disney Company and its Subsidiaries. Disney Tax Operations is a key component that provides team members with varied opportunities which build skills and empower the tax professional of the future. This opportunity is a once in a career chance to participate as a change agent in a finance transformation. We want innovative team members who thrive on change and discovery.
The Tax Provision group is responsible for the state, federal and international income tax accounting (ASC 740) including SEC reporting and disclosures. This team in on the frontline of determining the financial statement impact of transactions and business changes for Disney. The complexity and diversity of the business provide and ever-changing environment with unique and unusual provision ramifications. The opportunity provides continuous growth for motivated tax professionals.
The group also supports forecasting and modeling of cash income taxes, tax expense and the effective tax rate.
This role is responsible for gathering information, executing SOX controls, preparing workpapers supporting US Domestic Federal and State income tax calculations. The ideal candidate will actively analyze the information received and audit his/her own work. This role will also be responsible for preparing global consolidation workpapers, account reconciliations and analysis of income tax reserves under ASC 740, the income tax related financial results for the Disney Enterprise’s Income Statement, Balance Sheet and Statement of Cash Flows on a quarterly basis. This role prepares executive and external summaries and disclosures for executive audiences.
This role supports the quarterly tax provision, monthly forecasts, annual and 5 year operating plans, and unique transactions (e.g. purchase accounting, transaction support). Responsible for training and managing Tax Coordinators and Intern(s).
All tax professionals within Disney Tax Operations must be conversant in and capable of applying correctly all of the current tax laws and regulations as well as US GAAP including ASC 740. They must understand the impact on the Disney financial statements with particular attention to the SOX controls around the income tax processes.
To accomplish this role effectively, the tax professional prepares and reviews the financial statements impact on strategic business changes, tax planning, legislative changes, and more. This role will involve data collection, researching and documenting tax accounting positions, recommending processes, resources, and activities to achieve the most desirable outcome.
Basic Qualifications :
3-6 years professional income tax experience
Work requires overtime during financial close periods
Ability to identify, analyze and resolve issues
Strong understanding of US GAAP (ASC 740) and income tax technical experience
Strong understanding of tax operating processes
Ability to discriminate between symptoms and root causes
Good project management skills that lead to successful execution of project plans
Strong presentation and communication skills (Collaborates and solves problems, maintains communications with contacts and can communicate with stakeholders at the same or higher levels on matters of considerable complexity)
Significant skill with Excel, Adobe Acrobat and PowerPoint. Must be savvy in working with a variety of tax and financial software, including the ability to mine for data and produce deliverables.
Ability to complete complex tasks and projects requiring independent initiative
Must be comfortable with virtual communications and working with geographically disparate groups
CorpTax or OneSource Tax Provision software experience
SAP or other general ledger experience
Alteryx, Tableau or other ETL (Extract, Transform and Load) experience
Required Education :
- Bachelor’s degree in Accounting, Finance, Economics, or equivalent
Preferred Education :
Graduate level of study – either a Masters in Tax or a JD/LLM,
Job ID: 688463BR
Job Posting Company: The Walt Disney Company (Corporate)