Yanfeng Automotive Interiors (YFAI) is the global leader in automotive interiors. YFAI is redefining how people relax, work and play in their vehicle interiors today and decades from now. Headquartered in Shanghai, the company has 114 manufacturing plants and technical centers in 20 countries and more than 33,000 employees globally. They design, develop and manufacture interior components for all automakers. Established in 2015, Yanfeng Automotive Interiors is a joint venture between Yanfeng Automotive Trim Systems Co., Ltd, a wholly owned subsidiary of Huayu Automotive Systems Co., Ltd. (HASCO), the component group of SAIC Motor Corporation Limited (SAIC Motor), and Adient, the global leader in automotive seating. For more information, please visit www.YFAI.com.
Support the US&Canada direct tax strategies in support of Yanfeng's business objectives
Coordinate communication of US&Canada income tax issues with various North American business teams (Treasury, Accounting, Legal, etc)
Ensure timely and accurate preparation, review, and filing of US&Canada income tax returns and payments.
Ensure proper financial reporting of US&Canada income taxes (payables/deferred taxes), including interface with external financial statement auditors & government auditors.
Provide information to other YF regions (Europe/Asia) to support local country information reporting requirements, as needed
Manage preparation and oversight of transfer pricing documentation reports for US&Canada
Identify and execute income tax planning opportunities (cash tax savings, BEAT minimization, tax credits, etc)
Preparation and review of US&Canada income tax expense forecast on 5-year business plan projections
Preparation and filing of information returns for Foreign Bank Account (FBARs)
Collaborate with finance, legal, and operating team members on business issues (including intra-regional and inter-regional transfer pricing matters) and clearly communicate relevant tax aspects.
Support defense of prior income tax positions as audited by US&Canada tax authorities.
Support negotiation of grants and incentives with various US&Canada state and local authorities.
Strengthen and manage the process/tools/systems underlying the US&Canada income tax function.
Manage R&D tax credit process performed by outside service provider
Manage FATCA / CRS and other Information Reporting process (W-8, W-9, 1099, 1042)
Support or manage (as required by US&Canada tax team workload) certain US&Canada indirect tax matters
Support the NA, EU&South Africa tax director on global tax projects as required
Oversee tasks done by external service providers when necessary
5-7 years combined public accounting and/or corporate tax experience
Bachelor's degree in accounting; advanced degree preferred (e.g., Master of Science in Taxation)