Posted 2/25/10

TITLE: Tax Director
DEPARTMENT: Accounting
LOCATION: San Diego, CA
REPORTS TO: SVP, Corporate Controller
EMPLOYMENT STATUS: Full-Time, Exempt

PriceSmart, Inc. is a publicly traded company headquartered in San Diego, which owns and operates U.S.-style membership shopping warehouse clubs in Central America and the Caribbean. At PriceSmart, the in-country controllers are responsible for the day-to-day tax management for their countries and legal entities. The Corporate Tax Department serves as a resource to the controllers by providing tax planning support, tax return support, advisor and project management support, and other day-to-day tax matter advisory support.

The Tax Director will be responsible for direct supervision of 3-5 employees based in San Diego and/or in-country and indirect supervision of 1 employee based in-country.

The Tax Director's responsibilities are currently allocated among the following categories of projects:
• 30% monthly, quarterly, annual tax provision internal review (inclusive of Sarbanes-Oxley compliance), 10-Q or 10-K disclosures, and external auditor reviews;
• 20% tax return review and approval inclusive of transfer pricing compliance;
• 10% special project in-country such as refund claims, amended returns, or general tax planning;
• 30% tax audits, appeals, planning;
• 5% general management responsibilities; and,
• 5% expatriate compliance and planning matters.

Refer to the following Essential Duties and Responsibilities for a more detailed job description.

• Responsible for timely filing of all US federal and state income tax returns
• Responsible for ensuring timely filing of all tax filings in-country inclusive of approval of all return to provision true-up entries
• Responsible for all review and approval of the monthly, US separate legal entity tax provision, as well as the consolidated provision for PriceSmart, Inc.
• Responsible for quarterly and annual disclosures inclusive of maintaining all tax contingency documentation pursuant ASC 740 (former FIN48) guidelines. In auditing, the Tax Director is responsible for reviewing and approving tax related disclosures in local statutory financial reports
• Work with Senior Management to repatriate cash for business needs in a tax efficient manner
• Responsible for planning initiatives both in-country and in the US to reduce overall cash outflow for taxes and manage the effective tax rate
• Project manager for all in-country and US tax matters including compliance for non-income based taxes, local certifications, withholdings, audits, implications of the law changes, etc.
• Manage and develop 3-5 tax associates and/or managers

Note: These areas of experience cover all aspects of the position. No one candidate is expected to meet all the qualifications below. However, preference will be given to the candidates based on how well they meet the following qualifications:

• Minimum of 7-10 years total work experience, including ASC 740 (formerly FAS109) experience
• 2-3 years minimum experience in Big 4 Accounting Firm, a plus
• 2 years minimum experience with US international planning and/or reporting, preferred
• US CPA, preferred
• Bilingual English/Spanish, a plus
• Expertise in MS Office, including Word, Outlook, Excel and PowerPoint
• Familiarity with Accounting Systems (preferable JD Edwards and Cognos TM1)

The above statements are intended to describe the general nature and level of work being performed by the person assigned to this position. Principal duties are intended to describe those functions that are essential to the performance of this position. An incumbent must be able to perform all of the essential duties outlined above.
This position description does not state or imply that the above are the only duties and responsibilities assigned to this position. An employee holding this position will be required to perform any other position-related duties as requested by management. All requirements are subject to possible modification to reasonably accomodate individuals with a disability.

Internal candidates, please submit resume to jobs@pricesmart.com or see Human Resources.

E-mail preferred. Please send resume and cover letter in Word format to: jobs@pricesmart.com. In the subject line, please indicate "Tax Director" and include salary requirements in the cover letter. Please note that submissions without salary requirements may not be considered. You may submit by fax to: 858-404-8818 or via US mail to:

PriceSmart, Inc.
9740 Scranton Rd., Suite 125
San Diego, CA 92121
Fax: 858-404-8818
E-mail (preferred): jobs@pricesmart.com

PriceSmart, Inc. is an at will employer and as such makes no contract for employment. This at-will employment relationship may only be altered by the President of PriceSmart, Inc. in writing.