What are the responsibilities and job description for the Sr. Tax Associate position at TBG?
Fresh-Squeezed Legacy, Bold New Chapter
Tropicana Brands Group is a $3B startup aiming to revolutionize the beverage category. Formed in 2022 as a joint venture between PAI Partners and PepsiCo, our portfolio includes iconic brands like Tropicana, Naked, KeVita, Izze, Copella, and Punica. With over 76 years of global leadership in the orange juice category, we’re committed to preserving this legacy while driving innovation in other areas. From reimagining orange juice to creating functional smoothies and driving afternoon refreshments, we are striving to become the undisputed global leader in fresh and chilled beverages.
The Finance team plays a critical role in Tropicana Brands Group’s overall success by providing financial insights, strategic guidance, and operational support. Through budgeting, forecasting, and financial analysis, the team ensures that resources are allocated efficiently to drive profitability and growth. Additionally, the team supports decision-making by identifying risks and opportunities, optimizing costs, and ensuring compliance with internal controls and financial regulations. By partnering with other departments, Finance helps align financial goals with business strategies, ultimately contributing to the company’s stability and long-term success.
Your Next Pour: The Opportunity
We are seeking a highly qualified Senior Tax Associate to support the Tax team with both direct and indirect taxes. The role includes preparing and reviewing federal and state tax provisions and returns, consolidating federal returns, reconciling tax accounts, and assisting with quarterly estimated tax payments. The role also includes overseeing monthly sales and use tax compliance, property tax and beverage related government filings. The candidate will collaborate with the finance department and business units to gather tax return information.
The ideal candidate should have a strong US tax provision and compliance background, excellent technical and quantitative skills, and the ability to thrive in a fast-paced environment. Hands-on tax calculation experience, strong communication, organization, and project management skills are essential, along with the ability to work independently and as part of a team. We require the person to have a sense of urgency in how they operate day in and day out to ensure all compliance deadlines are met. Key responsibilities include:
- Manage the preparation and filing of U.S. federal and state income tax returns in collaboration with external providers using OneSource.
- Assist in preparing and reviewing the company’s worldwide ASC 740 tax provision and related financial statement disclosures.
- Oversee estimated tax payments and manage related quarterly payments, extensions, and notices.
- Track, clarify, and resolve income tax notices from the IRS and states in a timely manner.
- Assist with federal and state income tax audits or other indirect tax audits.
- Perform tax account reconciliations and journal entries to ensure accurate GAAP reporting.
- Prepare and file non-income tax returns (e.g., gross receipts, commercial activity taxes).
- Conduct tax research and provide recommendations on tax issues.
- Monitor and communicate tax legislative and regulatory developments to the Tax team.
- Identify opportunities for process improvements to enhance accuracy and efficiency.
- Support tax projects and initiatives as needed
The Perfect Blend: Experience
- 3 years of relevant tax experience, preferably in public accounting.
- Strong knowledge of income tax, including compliance/reporting, and transfer pricing
- Self-starter able to thrive in a fast-paced, agile environment, managing competing priorities
- Excellent written and verbal communication skills.
- Experience working cross-functionally with key stakeholders.
- Proficient in Excel, ERP systems, and tax analytics with strong attention to detail.
- Ability to prepare accurate and timely work with keen attention to detail.
Foundational Ingredients: Requirements
- Bachelor’s and/or advanced degree in Accounting, Finance, Economics, or related field (preferred)
-
Must be legally authorized to work in the United States without the need for employer sponsorship now or in the future
-
Must be located in Chicago, IL surrounding area or willing to relocate for the duration of employment.
-
Willingness to adapt and thrive in a blended work environment with 3-days in office, seamlessly transitioning between remote work and in-office operations
Perks That Pack a Punch
TBG is pleased to offer you a comprehensive benefits package which includes a 401(k) plan, medical, dental, vision, company provided life, STD and LTD insurance. In addition, you may also elect to participate in voluntary life, accident, hospital, and critical illness coverages.
The salary range for this position is $71,000-$96,000 annually