JEROLD NIEDERMAN
PALATINE
Summary
Corporation tax specialist, with experience in all areas of corporate taxation. Diverse experience includes many industries. Started tax departments at multiple companies. Strong skills in establishing relationships with diverse groups both internal and external to the company.
Overview
30
30
years of professional experience
Work History
Indirect Tax Manager
GLANBIA BUSINESS SERVICES
07.2013 - Current
- Created Indirect Tax function and became point of contact for all tax questions
- Provide support for all indirect taxes to multiple US affiliates
- Provide support to Irish Parent on all US tax issues
- Worked on numerous internal restructuring and on-boarding new acquisition projects
- Developed process to train and provide exemption certificates for purchases, saving millions.
Classroom instructor
BECKER CPA REVIEW
05.2007 - 07.2017
- Lecture on various CPA exam topics
- Answer student questions in class and through e-mail
Senior Tax Accountant
TMK-IPSCO
04.2009 - 05.2013
- Work with Big-4 Firm to streamline tax function and ensure compliance.
- Prepare Quarterly and Annual Tax Provision and supporting work papers.
- Work with multiple plant locations to centralize tax function and support plant activities related to sales tax
- Maintain fixed asset software for tax depreciation
- Work with outside consultant to file and pay personal and real property tax
CONTRACTOR
10.2008 - 04.2009
- Astellas Pharma US, Deerfield, IL
- Prepared Year End ASC-740 and FIN-48 reporting
- Prepared Q3 and Q4 tax estimates.
- Stericycle Inc., Lake Forest, IL
- Completed audit defense for 3 municipal audits
- Researched and documented company sales tax position in 20 municipalities.
Manager – US State Income Tax
QUEBECOR WORLD
01.2007 - 01.2008
- Successfully transitioned state audit and dispute resolution functions from Montreal office to Schaumburg, and closed ten open audits
- Implemented RIA Insource for federal and state income tax preparation for 88 legal entities.
- Created method for tracking legal changes and reporting to tax accounting for ASC-740.
- Supervise one person locally and two at corporate office in Montreal.
Tax Advisor
IBM GLOBAL SERVICES
01.2004 - 01.2007
- Worked with outside counsel to recover $30-million dollar Federal Excise Tax claim.
- Successfully represented IBM on sales and use tax audits including reducing a $5-million assessment to $0.
- Reviewed and redefined over 9,000 billing elements, to determine taxability for sales and telecommunications taxes.
Consultant Assigned to Takeda Pharmaceuticals
THE TITUS GROUP
01.2004 - 01.2004
- Prepared state tax returns, extensions and estimates using CorpTax software.
- Federal and state tax research on diverse topics such as acquisition of intangibles and interstate payroll tax withholding.
Manager, Tax and Treasury
BELTONE ELECTRONICS
01.2001 - 01.2004
- Responsible for all tax matters for $80M manufacturing company. Remotely managed tax function for two sister companies.
- Insourced Federal 1120 and 15 state income tax returns using RIA Insource. Reduced fees paid to outside firm in excess of $40K annually.
- Insourced year end provision and ASC-740 work. Reduced fees paid to accountants by $15K annually.
- Worked with accounting and law firms and insurance broker to insure compliance and achieve corporate goals.
- Completed IRS audit with no changes.
- Cleaned erroneous registrations after buyout. Impact includes better state compliance and $750K tax reserve returned to income.
- Established Sales and Use Tax system including collection of exemption certificates and use tax self-assessment.
SALT Manager
eLOYALTY CORPORATION
01.2000 - 01.2001
- Created SALT area for startup consulting company.
- Determined necessary state registrations and insured compliance reducing tax exposure.
- Worked with purchasing to insure Illinois use tax paid was the legal minimum.
- Liaised with IT and accounting completing timely, accurate and significant year end statements and reports.
Tax Research Analyst
IBM /AT&T GLOBAL NETWORK SERVICES
01.1996 - 01.2000
- Began as Advantis Partnership, became IBM Global, finally AT&T.
- Responsible for all tax research to determine taxing policy for data communications and audit representation.
- Helped structure asset sale to AT&T to reduce sales tax by $2M.
- Successfully represented company on state audits, reducing assessments over $10M.
- Satisfactorily prepared with outside counsel defense hearing on $7.5M audit assessment.
Education
J.D. - Chicago
Kent College of Law
Chicago, ILB.S. - Accounting
DePaul University
Chicago, ILSkills
- Team leadership
- Continuous learning mindset
- Tax compliance expertise
- Analytical problem solving
- Tax research and analysis
Timeline
Indirect Tax Manager
GLANBIA BUSINESS SERVICES
07.2013 - Current
Senior Tax Accountant
TMK-IPSCO
04.2009 - 05.2013
CONTRACTOR
10.2008 - 04.2009
Classroom instructor
BECKER CPA REVIEW
05.2007 - 07.2017
Manager – US State Income Tax
QUEBECOR WORLD
01.2007 - 01.2008
Tax Advisor
IBM GLOBAL SERVICES
01.2004 - 01.2007
Consultant Assigned to Takeda Pharmaceuticals
THE TITUS GROUP
01.2004 - 01.2004
Manager, Tax and Treasury
BELTONE ELECTRONICS
01.2001 - 01.2004
SALT Manager
eLOYALTY CORPORATION
01.2000 - 01.2001
Tax Research Analyst
IBM /AT&T GLOBAL NETWORK SERVICES
01.1996 - 01.2000
B.S. - Accounting
DePaul University
J.D. - Chicago
Kent College of Law
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