NewMarket Corporation

Overview

About Us

NewMarket Corporation is the parent company of Afton Chemical Corporation and Ethyl Corporation. Afton Chemical is one of the largest global suppliers of lubricant additives and offers a broad line of fuel additives worldwide. 

This role will provide strategic direction, oversight, and leadership of the international corporate tax function for a multinational, Fortune 1000 public company headquartered in Richmond, Virginia, with responsibility over all tax aspects of the company’s investment in foreign operations.

Responsibilities

• Lead the international tax team via mentorship and continuous development, fostering a culture of continuous improvement and progress; team consists of six tax professionals located in the U.S., the U.K., Brazil, and Singapore.
• Lead the team in preparation of the international portions of the U.S. federal income tax return (Forms 5471, 8858, 8991, 8992, 8993 and 1118, as applicable), including coordination with outside advisors as needed.
• Lead the team in preparation of the international portion of quarterly and annual tax provision calculations in accordance with ASC 740, working closely with U.S. tax leadership to coordinate impacts on consolidated tax provision computations. .
• Assist with the preparation, review, and filing of tax returns and payment of taxes in North America, Europe, Asia, Latin America, the Middle East and Africa, including coordination with local accounting teams. Activities include reviewing tax accounts and related reconciliations, participating in ruling/incentive requests, and interacting with local country tax advisors and tax authorities, as needed.
• Monitor and analyze relevant U.S. and foreign tax legislation and judicial developments in order to assess impact and convey to management the impact of significant developments.
• Advise company on tax implications of international operations, as well as coordinate U.S. tax laws with non-US tax laws, developing an optimal worldwide tax strategy.
• Lead the accounting for and compliance obligations related to OECD BEPS Pillar 2.
• Identify, analyze, and implement tax planning opportunities to mitigate tax risks.
• Work with tax and legal teams to develop and maintain an optimal legal entity structure.
• Support management in determining the tax impact of acquisitions and dispositions, as needed.
• Lead and direct relationship with external service providers, audit teams, and consulting teams.
• Partner with business leaders to identify opportunities for cash tax savings, effective tax rate reduction, and risk mitigation.
• Identify opportunities for automation and increased efficiency.

Qualifications

Education & Experience:

• Bachelor’s degree in Accounting, required
• Master’s degree in Accounting or Taxation, preferred
• CPA or JD, preferred
• Strong team management skills and technical knowledge of U.S. federal tax laws and ASC 740, typically gained over 8 or more years of accounting experience and/or public company experience in roles of increasing responsibility
• Experience working with multinational companies

Skills & Competencies:

• Microsoft Office
• SAP or other ERP experience
• OneSource experience preferred
• Effective oral and written communication
• Must be a strong team player
• Ability to respond to, prioritize effectively, and meet deadlines while maintaining a high standard of completeness and accuracy

Travel Requirements:

• Approximately 1-2 times per year to mentor and develop team members and partner with regional controllers on business and tax matters, which could include domestic or international travel
• Additional travel as needed to support the Accounting and M&A team

Working at NewMarket

Who We Are - We're a diverse, global family of individuals, who share a passion for developing innovative solutions. We build our professional relationships on respect, integrity and a commitment to safety and quality. Just as these values apply to our professional relationships, they also apply to the way we feel about our neighbors and communities.

Our Work - At NewMarket, our innovative R&D programs lead to global growth. Our lubricant and fuel additives are among the most highly developed and widely used in the petroleum industry. Afton is a recognized and trusted supplier of driveline lubricant additives, engine oil additives, fuel additives and industrial lubricant additives.

Benefits / Compensation - We offer competitive compensation and benefit packages that reflect our commitment to our employees. Our employees are our most treasured asset and we have dedicated resources that allow us to reward our employees for their commitment on an ongoing basis - ensuring our compensation packages are competitive in the industry.

An Equal Employment Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to the individual’s race, color, sex, sexual orientation, gender identity, national origin, religion, age, disability, genetic information, status as a military veteran or any other characteristic protected by applicable law.