Manager – Federal & International Taxes

Manager – Federal & International Taxes

Hormel Foods Corporation

To save time applying, Hormel Foods does not offer sponsorship of job applicants for employment-based visas for this position at this time.

About Hormel Foods — Inspired People. Inspired Food. ™

Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with over $12 billion in annual revenue across more than 80 countries worldwide. Its brands include Planters ® , Skippy ® , SPAM ® , Hormel ® Natural Choice ® , Applegate ® , Justin’s ® , Wholly ® , Hormel ® Black Label ® , Columbus ® , Jennie-O ® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of the best companies to work for by U.S. News & World Report, one of America’s most responsible companies by Newsweek, recognized on Fast Company’s list of the 100 Best Workplaces for Innovators, received a perfect score of 100 on the 2023–24 Corporate Equality Index and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food. ™ — to bring some of the world’s most trusted and iconic brands to tables across the globe. For more information, visit hormelfoods.com .

RESPONSIBILITIES:

Oversees and manages all ASC740 Accounting for Income Taxes and reporting requirements. This includes managing preparation of the tax provision, effective tax rate, deferred taxes, and tax footnote. This also includes cash tax and ETR forecasting and ensures compliance with current SOX 404 procedures.

Oversees and manages the calculation, preparation and submission of the consolidated federal income tax return. This includes assisting in the calculation of all tax adjustments taken on the return and managing external consultants.

Manages international tax compliance and assists with strategy. This position interacts with the Company’s international group, as well as a number of outside contractors who complete compliance in the numerous taxing jurisdictions where we have foreign operations. This position coordinates and ensures compliance by the Company with foreign tax laws while working to minimize tax liabilities.

Manages federal income tax audits. This position coordinates closely with the IRS auditor(s) to limit company risk and insure appropriate resolution of all audits in a timely manner.

Proactively help identify and implement tax planning ideas to reduce company effective tax rate and/or cash taxes while considering and managing associated risk to the company.

Effectively partner with Hormel business units to align tax with company strategies to add value to company results. Assist M&A team on Company acquisitions and dispositions.

QUALIFICATIONS:

Required

Bachelors degree in Accounting/Finance.

10 years of relevant tax experience, including experience overseeing ASC740 accounting for income taxes.

Experienced in coordinating tax returns for medium to large complex organizations.

Strong analytical, problem solving, decision-making, interpersonal, and organizational skills.

Excellent verbal and written communication skills.

Must be a Citizen or National of the United States, a lawful, permanent resident, or have authorization to work in the United States.

Applicants must not now, or in the future, require sponsorship for an employment visa.

Preferred

Certified Public Accountant (CPA) Certification

Advanced degree in Tax

Supervisory experience

Corptax knowledge

LOCATION:

Hormel Foods Corporate Office- Austin, MN

A comprehensive relocation package to the Austin, MN area will be offered if needed.

BENEFITS: Hormel Foods offers an excellent benefits package. Competitive base salary plus bonus, annual merit increase performance reviews, medical, dental, vision, non-contributory pension, profit sharing, 401(k), stock purchase plan, relocation assistance, paid vacation.

For immediate consideration, send apply online at: www.hormelfoods.com/careers

At Hormel we invite difference and diversity in all aspects. We offer a space of support, understanding, and community. We are committed to the journey! Learn more about our progress here: https://www.hormelfoods.com/about/diversity-and-inclusion/

Hormel Foods Corporation is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

Requisition ID : 25988

Hormel Foods Corporation is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status.