Ref ID: REF9679M
Department: Finance and Accounting
Location: Livingston, CA
Employment Type: Full-time
Foster Farms has been a family-owned and operated company for four generations. Since our founding days back in 1939, we have always been committed to providing consumers with the highest-quality, best-tasting poultry products available. The hope is that our commitment to excellence, honesty, quality, service, and our people will shine through in everything we do.
We are always looking for talented individuals to join the Foster Farms team. We offer the experience of a large organization, but operate like a family business. More than half of our job openings are filled by internal promotion, and we encourage employees to gain a variety of experiences across different functional groups.Job Description
Purpose of Position:
Position is responsible for managing Foster Poultry Farms income tax compliance, shareholder tax services, and shareholder distribution process. This position works internally with the Tax Director and externally with shareholder advisors, consultants and taxing authorities.
Essential Job Functions:
Manage federal and state S Corporation income and franchise tax reporting ensuring accurate and timely compliance with applicable regulations
Direct and monitor preparation of tax workpaper documentation to support income tax reporting, including book/tax differences, state apportionment and credits, requiring interface with various internal departments, shareholder advisors and consultants
Review tax aspects of fixed asset depreciation reporting ensuring compliance with federal and state regulations, and coordinate process of revising SAP tax depreciation calculations as appropriate
Manage preparation of year-end tax provision calculations and workpapers
Direct, monitor, and prepare miscellaneous tax filings (excise, CAT, gross receipts, commerce taxes)
Manage preparation of Foster Poultry Farms quarterly and extension income tax projections
Research, interpret and monitor new tax law changes
Manage preparation of shareholder quarterly income tax reporting provided to shareholder advisors
Develop, monitor, and analyze tax distribution model to ensure shareholders are appropriately distributed for taxes while minimizing entity cash flow
Manage, analyze, and maximize CA Enterprise Zone Credit utilization for shareholder income tax filings
Manage, instruct and monitor shareholder distribution process, including communicating with shareholders and their advisors
Prepare and analyze quarterly forecast of shareholder distributions provided to upper management
Prepare annual budget, manage billing and interpret contract for CA EZ credit hiring fees and work opportunity tax credit
Manage banking, accounting and tax functions for a separate Foster’s partnership, and work with outside accounting firm
Participate in Department initiatives and special projects as needed, such as R&D tax credits and transfer pricingQualifications
Bachelor’s Degree in Accounting
5-7 years income tax experience with 3-5 years national/regional public accounting income tax experience
Ability to balance, prioritize & organize tasks and meet deadlines
Must be self-motivated and resourceful
Possess excellent communication and analytical/problem solving skills
Advanced Excel skills
Ability to effectively interface with various internal and external individuals and/or entities
Ability to work effectively within a multidisciplinary team environment
Respect for confidentiality concerning company and shareholder information
Master’s in Taxation
S Corporation and Partnership income tax experience
Working knowledge of ProSystems tax preparation software
Experience with SAP GL & fixed asset systems
Knowledge of Thompson Reuters Checkpoint tax research software
All your information will be kept confidential according to EEO guidelines.
Foster Farms is an Equal Opportunity Employer – Minorities, Females, Veterans and individuals with disabilities are encouraged to apply.
Foster Farms participates in E-Verify during the hire process at all locations for all new employees.