Sr. Director of Tax

It All Starts with Our People

As the leader in automotive preventive maintenance, Valvoline has a proven track record of growth. We continue to invest in our people, processes, and technology to strengthen our ability to efficiently deliver Quick, Easy, Trusted service across all our stores – every day. We're not just in the car business; we're in the people business. And we're looking for humble, hungry, and smart people to help us shape the future of mobility. If you're hungry to drive change and seek a dynamic, collaborative environment that fuels both personal and professional growth, you've found your place with us.

Our highest priority is creating a diverse and welcoming workplace with team members from varied backgrounds and experiences. People of color, women, LGBTQIA+, veterans, and persons with disabilities are strongly encouraged to apply.

The Opportunity

Valvoline has a rewarding opportunity as a Senior Director of Tax. In this role, you will oversee all aspects of Valvoline Inc.’s tax organization and execution, including compliance, accounting and reporting, and strategic planning and forecasting for income and non-income (e.g., property, sales, and use) taxes. This position will lead a team of internal and external professionals in a role with high visibility to executive management and the audit committee of the Board of Directors. This position will proactively collaborate across the organization to provide guidance on the tax implications of business decisions and transactions, collaborate across internal and external teams, and remain current on tax laws and regulations to optimize the organization’s tax profile.

How You'll Make a Difference

• Tax Organization Oversight: Strategic Support
  • Set vision and tone for the tax organization.
  • Collaborate with key leadership on strategies to optimize for an efficient tax structure.
  • Communicate effectively with senior management and the Audit Committee of the Board of Directors on tax matters, risks, and opportunities.
  • Manage a team of internal professionals and outside advisors to ensure an adequate complement of expertise and resources supporting the organization’s tax needs.
  • Oversee continuous improvement to leverage technology and streamline processes for improved efficiency and effectiveness.
  • Oversee and manage department budget and expenditures.
• Tax Organization Oversight: Day-to-Day Support
  • Serve as a subject matter expert across the organization and collaborate with key stakeholders to share timely perspectives on tax matters.
  • Serve as an escalation point for decision-making on complex and judgmental tax matters.
  • Remain current on key developments in tax and proactively update leadership on key emerging topics and issues, including implications of significant regulatory changes, transactions, and other matters with meaningful tax effects.
  • Provide mentorship and guidance to the tax team to support growth and professional development.
  • Provide consistency and oversight across all areas of tax organization to ensure key assumptions and judgments are consistently and timely applied (e.g., compliance and accounting implications and judgments).
• Tax Accounting and Reporting
  • Provide leadership and oversight for all tax accounting and reporting matters, including the interim and annual income tax provision processes, tax indemnification matters between predecessor and legacy organizations, review and oversight of financial disclosures, and the execution of key controls over financial reporting to produce timely financial statements with accurate tax balances, activity, and disclosures in accordance with US GAAP and SEC reporting requirements.
  • Establish, communicate, and maintain policies to drive compliance with US GAAP and SEC reporting requirements, including ensuring changes are monitored, evaluated, communicated, and adopted in a timely manner.
  • Oversee effectiveness of internal controls of end-to-end financial processes and reporting to ensure compliance with US GAAP, notably ASC 740.
  • Provide guidance and oversee the completion of research to develop and document positions to ensure significant, complex business transactions and accounting judgments are appropriate, well supported, and in accordance with US GAAP and SEC accounting and disclosure requirements.
  • Proactively coordinate with management and external auditors to support the completion of annual financial statement audits and assess control effectiveness.
  • Communicate with clarity regarding significant tax accounting and reporting matters with executive management and the Audit Committee of the Board of Directors.
  • Provide guidance on the tax accounting and cash tax implications of business decisions and transactions.
  • Retain and consult with tax advisors, as needed, to support the organization’s tax accounting and effective internal controls, including for complex transactions and judgments where subject matter expertise is required.
• Tax Compliance
  • Oversee the accuracy and timeliness of income and transaction tax compliance with regulations for ongoing business within the US and Canada and related jurisdictions (federal, state, and local income tax; sales and use tax; excise tax; real and personal property tax, etc.).
  • Manage third parties and internal teams that support compliance processes through active review, feedback, and coaching.
  • Manage tax audits, reviews, and examinations conducted by the requisite authorities, overseeing the process through exams, protests/appeals, and/or litigation, as necessary, to obtain resolution and the most advantageous outcome for the organization.
  • Support global tax compliance and audits for periods in which Valvoline was affiliated with predecessor and legacy organizations through strong coordination and collaboration, in addition to managing related indemnities.
  • Provide guidance on tax law changes and related implications to the organization and its processes.
• Strategic Planning and Forecasting
  • Develop, implement, and manage the organization’s tax strategy and policies in accordance with regulatory requirements.
  • Provide transaction support for acquisitions and divestitures, including structuring recommendations and evaluating and communicating tax implications.
  • Partner with accounting, finance, third-party advisors, and others in the organization to identify, evaluate, and implement tax planning opportunities.
  • Analyze and interpret tax laws and regulations to maintain compliance and optimize the organization’s tax profile.
  • Communicate effectively with senior management and the Audit Committee of the Board of Directors on the risks, opportunities, and impacts of tax planning strategies.
  • Collaborate with Financial Planning and Analysis to establish and monitor annual and long-range budgets and periodic forecasts of tax-related financial statement implications, including the income tax provision and cash taxes, in addition to the effects of significant transactions and changing tax laws and regulations.
• Other duties and responsibilities as determined by Valvoline from time to time in its sole discretion.
  

What You'll Need to Succeed

• Bachelor's degree in taxation, accounting, finance, or a related field (MBA or JD preferred)
• Minimum of 15 years of professional experience gained from progressive tax experience
• Minimum of 10 years of experience in a publicly traded company’s tax organization, Big Four public accounting, law firm, or a comparable corporate tax department is preferred
• Minimum of five years of experience managing and leading tax functions and developing teams, including establishing strategic frameworks and strong business and tax processes and controls, oversight of best practices in taxation, and driving timely financial and management reporting, in addition to critical financial decisions
• Deep experience applying ASC 740 in accounting and reporting for income and transaction taxes, including significant experience with the technical book and tax accounting
• Strategic tax planning execution and/or advisory services for public companies
• Must be a Certified Public Accountant
• Bar admitted attorney preferred
• Retail experience preferred
• Extensive technical knowledge in taxation, namely federal, state, local, and international tax, including transfer pricing
• Experience with ERP platforms (e.g., SAP S/4 HANA), OneSource, and advanced experience with Microsoft Suite (Word, Excel, PowerPoint, etc.); Experience with Vertex is preferred
• Strong project management, organization, written and oral communication skills, and a proven ability to prioritize, multitask, and meet deadlines in compressed timelines
• Ability to think strategically and act operationally; ability to manage ambiguity, risk, and changing direction of projects and strategies
• Self-motivated individual with the ability to take initiative, develop innovative solutions, and work independently with minimal supervision.
• A superior work ethic and dedication to the highest quality and excellence
• An analytical, hands-on expert in taxation with exceptional problem-solving and strategic skills combined with business acumen
• Ability to communicate complicated issues in clear, non-technical terms to leaders and colleagues
• Strong leadership, collaboration, and communication skills to develop and maintain effective working relationships with key stakeholders, including team members, external consultants, regulators, and internal and external executives and teams
• A dynamic leader with strong coaching and mentoring skills, a focus on people development, knowledge sharing and encouraging the team to develop new skills and competencies.
• Proven track record of managing teams and external resources to work effectively and efficiently
• Insightful, with executive presence and the ability to develop and convey a clear and concise point of view on relevant issues, yet with the humility to understand there could be alternative solutions
• Must be authorized to work in the U.S.

We Take Care of the WHOLE You

• Health insurance plans (medical, dental, vision)
• HSA and flexible spending accounts
• 401(k)
• Incentive opportunity*
• Life insurance
• Short and long-term disability insurance
• Paid vacation and holidays*
• Employee Assistance Program
• Valvoline Instant Oil Change discounts
• Tuition reimbursement*
• Adoption assistance*

*Terms and conditions apply, and benefits may differ depending on position.

Your Path to Valvoline

Valvoline provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

Join us in revolutionizing the automotive aftermarket industry while enjoying competitive benefits, a supportive work culture, and opportunities for advancement. Apply now and become an integral part of our journey at Valvoline.

The Company endeavors to make its recruitment process accessible to any and all users. Reasonable accommodations will be provided upon request to applicants with disabilities to facilitate equal opportunity throughout the recruitment and selection process. Please contact Human Resources at 1.833.VVV.Report or email ECC@valvoline.comto make a request for reasonable accommodation during any aspect of the recruitment and selection process. The contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.