Director, International Tax Parallels

Director, International Tax (Renton, WA)

Want to join one of the fastest-growing, most innovative software companies in the world? Are you interested in taking on an exciting, challenging and rewarding leadership role at a privately held, profitable company?

Join the company that is leading the innovation of virtualization and automation software on desktops and servers for consumers, businesses and service providers.

Recently named a Top 100 private company in the country by Red Herring, Parallels is looking to extend its market success from its current positions as the #1 in desktop virtualization, #1 in container-based server virtualization, and #1 in automation control panels.

Founded in 1999, Parallels offers a dynamic environment at a truly global company with over 700 employees, 10 million customers, and 800 partnerships including Microsoft, Apple, Intel, AMD, Dell, HP, and IBM.

Please visit www.parallels.com for more about our award-winning products and company.

Role Definition

The Director/Sr. Manager of International Tax is responsible for all areas of tax within Parallels including International, federal, state and local, FIN 48, FAS 109 and ensure global tax compliance requirements are accurately and timely met.

An ideal candidate must be comfortable directly liaising with various business teams within the company with an aim of gaining a deep understanding of the business model in order to develop comprehensive tax solutions in support of the business, develop tax requirements that clearly articulate such solutions, and drive the implementation of the tax requirements. The Director/Sr Manager of International Tax will report to VP Finance â€" Group Controller.

Responsibilities

• Analyze U.S. and international tax laws for application to various business proposals and agreements
• Formulate effective and tax-efficient cross-border strategies for both US and overseas investments. Manage the annual transfer pricing study process
• Develop/modify/update and collaborate with Legal and Accounting to implement intercompany agreements based on the transfer pricing study. Take full charge of the company's tax disclosures in the annual audit report including FIN 48 calculation
• Manage all US and international income tax returns
• Manage and work closely with outside consultants located worldwide to develop and implement tax planning strategies
• Respond to inquiries from regulatory authorities. Perform all necessary research and analysis in areas of responsibility to stay abreast of latest developments

Qualifications

• 7+ years of international income tax experience
• Masters degree in Taxation preferred
• Public accounting firm, major law firm, and/or multinational corporation experience preferred
• Strong understanding of accounting concepts
• Excellent written and oral communication skills
• Broad exposure to or understanding of U.S. and foreign international direct and indirect tax issues
• Ability to interact cross-functionally
• Ability to communicate very complex tax concepts in ways that are meaningful and useful to non-tax professionals
• Comfortable working in a dynamic, fast paced, informal, often ambiguous, rapidly changing business environment
• Detail-oriented individual who takes ownership of projects
• Solid understanding of US taxation of international transactions and planning for foreign operations
• Extensive technical skills in structural realignment, cash and financial statement effective tax rate analysis and improvement of tax efficiencies of cross-border flows.
• Ability to develop long term tax strategies in close partnership with Legal, Finance, other departments

Standout Compensation and Benefits

What's in it for the right Candidate?

• Competitive Compensation and Benefit plan
• Stock options
• 10 annual holidays and 18 additional days of paid time off
• The unique opportunity to have a significant leadership impact at one of the world's fastest growing software companies

Thanks for considering Parallels, one of the world's fastest growing software companies!