[Remote] Tax Manager at Torc Robotics

Blacksburg, Virginia, United States

Torc Robotics Logo
Not SpecifiedCompensation
N/AExperience Level
N/AJob Type
Not SpecifiedVisa
N/AIndustries

Requirements

  • 5+ years of experience in tax compliance and accounting
  • 2+ years of people leadership experience
  • Bachelor’s or Master’s Degree in Accounting, Tax or relevant field of study from an accredited college or university
  • Knowledge of finance and accounting principles
  • Knowledge of applicable federal and state direct and indirect tax laws
  • Ability to effectively manage time, prioritize, delegate, and handle multiple tasks

Responsibilities

  • Lead Torc’s tax compliance through the management of tax service providers and the review of deliverables for accuracy and consistency with the business operations
  • Oversee service providers in the preparation of various tax returns and in relation to tax planning assistance
  • Gather data and communicate tax sensitive activities to service providers
  • Review and provide oversight for quarterly and annual employment tax returns
  • Manage the preparation of quarterly tax projections, with outside support, and communication of required estimated tax payments
  • Review tax correspondence and facilitate and oversee tax examinations and notices
  • Review federal and state and local income tax returns
  • Review other tax returns (e.g., sales and use) as needed
  • Support compliance and planning for tax matters
  • Coordinate with other business areas (e.g., human resources, legal, treasury) to understand changes to the business and modify tax compliance and reporting as required
  • Ensure accurate calculation of Forms 1099/1042 and assist in distribution
  • Provide guidance to human resources on questions related to payroll tax matters
  • Provide guidance on R&D Credits and Transfer Pricing
  • Follows standard work processes and the Internal Controls System and assists in testing or self-assessments (as assigned) as part of the internal control process
  • Oversee service providers in the preparation of tax accounting workpapers and prepare tax disclosures upon the direction of positions, estimates, and judgement from Management
  • Ensure financial and tax reporting policies and procedures are compliant
  • Review preparation of monthly tax accounting workpapers
  • Prepare/Review tax journal entries
  • Coordinate with other business areas (e.g., human resources, legal, treasury) to understand changes to the business and modify tax accounting and reporting as required
  • Review tax amounts and footnotes in relation to quarterly financial statements
  • Support quality control review for all financial statements
  • Manage required internal controls for the tax function
  • Develop and maintain strong relationship with Tax firms and other tax related vendors
  • Develop performance metrics and hold tax related vendors accountable
  • Lead the identification and vetting of new or replacement tax vendor

Torc Robotics

Develops autonomous driving technology for trucks

About Torc Robotics

Torc Robotics develops software systems for self-driving trucks, focusing on Level 4 autonomous driving technology that allows trucks to operate without human intervention in specific conditions. Their technology enhances road safety and meets the logistics industry's growing demands. Torc Robotics partners with major truck manufacturers, like Daimler Trucks, and collaborates with companies such as Luminar Technologies to integrate advanced sensors into their systems. They generate revenue by selling their software to fleet operators and truck manufacturers, while also providing ongoing support and updates. The company's goal is to improve efficiency and safety in freight transportation through their autonomous solutions.

Blacksburg, VirginiaHeadquarters
2005Year Founded
M_AND_ACompany Stage
Robotics & Automation, Automotive & TransportationIndustries
501-1,000Employees

Benefits

A competitive compensation package that includes a bonus component and stock options
100% paid medical, dental, and vision premiums for full-time employees
401K plan with a 6% employer match
Flexibility in schedule and generous paid vacation (available immediately after start date)
Company-wide holiday office closures
AD+D and Life Insurance

Risks

Increased competition from companies like Waymo and Aurora could impact market share.
Expansion into new markets involves significant operational costs and regulatory risks.
The strategic partnership with Daimler may limit alliances with other truck manufacturers.

Differentiation

Torc Robotics specializes in self-driving truck technology, focusing on Level 4 autonomy.
The company has a strategic partnership with Daimler Trucks for autonomous vehicle development.
Torc's modular products enable rapid integration of robotic systems for various applications.

Upsides

Torc is expanding operations to Texas and Michigan, enhancing market presence.
The company won the 2024 Top Software & Tech Award in the Robotics category.
Torc's focus on autonomous Class 8 trucks addresses aging workforce and rising demand.

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