Phyllis A. Lutz
Easton,PA
Summary
Experienced leader with strong background in guiding teams, managing complex projects, and achieving strategic objectives. Excels in developing efficient processes, ensuring high standards, and aligning efforts with organizational goals. Known for collaborative approach and commitment to excellence.
Overview
29
29
years of professional experience
Work History
Vice President, Tax
Phibro Animal Health Corp.
01.2021 - 07.2023
- Company Overview: Phibro Animal Health is a publicly traded animal health and mineral nutrition company around the world with operations in more than 25 countries
- Create and execute the vision for the company's global tax strategy including developing tax objectives, communicating them to company leadership and providing oversight to the tax team
- Manage the tax strategy and compliance at the federal, state, local and international levels
- Design and execute short and long-term tax strategies in support of international expansion
- Manage external tax advisors to support key tax projects and initiatives
- Manage transfer pricing policy and maintain required transfer pricing documentation
- Manage TCJA & OECD impacts including GILTI, FDII, BEAT, Subpart F, 163(j) and BEPS
- Demonstrated proficient leadership skills to motivate employees and build competent teams.
- Spearheaded organizational restructuring initiatives, streamlining operations and reducing overhead costs.
- Collaborated with senior management to develop strategic initiatives and long term goals.
- Led cross-functional teams for the successful completion of major projects, resulting in increased efficiency and client satisfaction.
- Established a culture of continuous improvement, fostering innovation and driving sustainable growth across the organization.
- Collaborated with legal, accounting and other professional teams to review and maintain compliance with regulations.
- Leveraged technology to automate workflows and streamline processes, resulting in increased productivity and cost savings across the organization.
- Ensured regulatory compliance at all times by implementing robust internal controls systems coupled with proactive monitoring mechanisms.
- Cultivated strong relationships with key stakeholders, including vendors, regulators, and management to promote collaboration and long-term success.
Vice President, Tax
Synchronoss Technologies Inc.
05.2014 - 03.2020
- Company Overview: Synchronoss Technologies, Inc. is a publicly traded global technology company that provides cloud, digital, messaging, and Internet of Things (IoT) platforms, products, and solutions around the world with operations in more than 15 countries
- Demonstrated proficient leadership skills to motivate employees and build competent teams.
- Spearheaded organizational restructuring initiatives, streamlining operations and reducing overhead costs.
- Responsibilities include the design, implementation, and execution of a worldwide tax compliance, reporting, and planning function for a $500 million+ growing and acquisitive technology company
- Responsible for all aspects of regulatory compliance in the US including ASC740 and FIN 48
- Create and execute the vision for the company's global tax strategy including developing tax objectives, communicating them to company leadership and providing oversight to the tax team
- Manage external tax advisors to support key tax projects and initiatives
- Manage TCJA & OECD impacts including GILTI, FDII, BEAT, Subpart F, 163(j) and BEPS
- Manage tax aspects of M&A and Joint Venture activity, including acquisition due diligence, integration/structuring and post-acquisition work
- Manage transfer pricing policy and maintain required transfer pricing documentation
Bermuda Region Tax Director
AIG
05.2011 - 11.2013
- Oversee tax provision process for US and Foreign Corporations
- Perform year end and quarterly ASC 740 and FIN 18 analysis and review for consolidated and separately issued financial statements to ensure tax provisions are timely and accurately reported in accordance with GAAP and STAT
- Evaluate impact of proposed transactions and potential impact of tax law changes
- Stayed abreast of industry trends and best practices, leveraging this knowledge to drive continuous improvement initiatives within the department.
- Streamlined the tax filing process for improved accuracy and timely submission of corporate tax returns.
Tax Director
AT&T (formerly Centennial Communications Corp)
02.2006 - 04.2011
- Managed U.S
- Tax Compliance function for Centennial Communications Corp, U.S
- Subsidiaries, Limited Liability Companies and Partnerships including: Financial Statement accruals, Federal, State and Local tax reporting and planning and detail and technical review
- Reviewed income tax provision calculations including monthly and annual ASC 740 and FIN 18 calculations for US consolidated group and quarterly and annual footnote preparation; preparation of tax footnotes for separately issued financial statements of Puerto Rico operating companies
- Managed external income and sales and use tax audits, including documentation of transactions, negotiations and settlements with the Internal Revenue Service and state and local tax authorities
- Analysis and determination of required valuation allowance based on consolidated group forecasts
- Initiate research and planning of restructuring, assets sales, subsidiary sales, and business transactions involving the United States, the Dominican Republic, and Puerto Rico
International Tax Manager
JH Cohn, LLP
10.2005 - 02.2006
- Managed Federal, State and Local compliance function of US Corporations including financial statement accruals, tax reporting and planning, detail and technical review and multi-state combined tax reporting and examination defense
- Coordinated repatriation of foreign earnings for all US entities with foreign subsidiaries including analysis of potential tax savings
- Collaborated with cross-functional teams to ensure seamless integration of tax considerations into business decisions.
- Reviewed complex federal and state income tax returns for accuracy, ensuring timely filing and compliance with applicable laws.
- Managed a team of junior accountants, providing mentorship and professional development opportunities to foster growth.
Tax Director
Bayerische Hypo-und Vereinsbank AG
10.2000 - 09.2005
- Review income tax provision calculations including: Monthly FAS 109 calculations for US consolidated group and annual footnote preparation; quarterly IAS tax provision reporting to Head Office for the US branch; preparation of tax footnotes for separately issued financial statements of select US operating companies including Broker Dealer
- Coordinated and assisted in implementation of new account opening procedures to comply with new Information Reporting Regulations and manage annual information reporting process
- Analysis and determination of required valuation allowance based on consolidated group forecasts
- Analysis and treatment of Net Operating Loss Deferred Tax Assets and valuation allowance upon consolidation and liquidation of subsidiaries
- Manage external tax audits, including documentation of transactions, negotiations and settlements with the Internal Revenue Service and state and local tax authorities
- Manage U.S
- Tax Compliance function for HypoVereinsbank A.G., U.S
- Subsidiaries, and Limited Liability Companies including: US, IAS and German financial statement accruals, Federal, State and Local tax reporting and planning and detail and technical review
Vice President, Tax Compliance Manager
Dresdner Bank AG
10.1998 - 09.2000
- Initiate research and planning of acquisitions, restructuring, assets sales, subsidiary sales, and business transactions involving the United States, the United Kingdom, Germany, Mexico, Latin America, Australia, and Canada
- Coordinate and plan strategies for global taxation, global trading of derivative financial products, and transactional business decisions with worldwide in-house and external tax and legal colleagues
- Manage U.S
- Tax Compliance function for Dresdner Bank A.G., U.S
- Subsidiaries, and Limited Liability Companies including: US, IAS and German financial statement accruals, Federal, State and Local tax reporting and planning and detail and technical review
- Manage external tax audits, including documentation of transactions, negotiations and settlements with the Internal Revenue Service and state and local tax authorities
International Tax Compliance Manager
Ernst & Young LLP
10.1994 - 09.1998
- Managed Federal, State and Local compliance function of U.S
- Branches of foreign banks, U.S
- Thrift companies and multi-state real estate investment partnerships including: financial statement accruals, tax reporting and planning, detail and technical review and multi-state combined tax reporting and examination defense
- Coordinated FIRPTA withholding and reporting for lower-tier partnership dispositions
- Initiated, performed and reviewed technical research
- Monitored and applied closely held passive loss rules to U.S
- Branch effectively connected income
- Managed all Federal, State and Local tax notices, correspondences and abatements for a 40 State investment structure
- Trained tax compliance staff in the technical and reporting requirements for all engagements including design and implementation of tax planning and compliance work-papers
- Effectively managed over 10,000 hours of compliance work including scheduling, staffing and detailed technical review of all prepared work and coordination of technology utilization
Education
Bachelor of Science - Accounting
St. John's University
Jamaica, NYSkills
- Team Leadership
- Relationship Building
- Decision-Making
- Critical Thinking
- Results-Driven
- Process Improvement
- Project Management
- Policy Development
- Strategic Planning
- Documentation And Reporting
- Industry Best Practices
Timeline
Vice President, Tax
Phibro Animal Health Corp.
01.2021 - 07.2023
Vice President, Tax
Synchronoss Technologies Inc.
05.2014 - 03.2020
Bermuda Region Tax Director
AIG
05.2011 - 11.2013
Tax Director
AT&T (formerly Centennial Communications Corp)
02.2006 - 04.2011
International Tax Manager
JH Cohn, LLP
10.2005 - 02.2006
Tax Director
Bayerische Hypo-und Vereinsbank AG
10.2000 - 09.2005
Vice President, Tax Compliance Manager
Dresdner Bank AG
10.1998 - 09.2000
International Tax Compliance Manager
Ernst & Young LLP
10.1994 - 09.1998
Bachelor of Science - Accounting
St. John's University
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