SHALANDO S. SMITH

**** ********* **** #***

Downey, CA 90241

832-***-****

adiocw@r.postjobfree.com

OBJECTIVE

To proactively manage complexities and consistently deliver on financial growth opportunities while serving as a key strategic business partner for a multinational

AREAS OF PROFICIENCY

Cross-Border M&As

Worldwide Tax Planning

Global Financial Planning & Analysis

Global Transfer Pricing

US, Europe, Asia, Brazil

Global Accounting for Income Taxes

Global Tax Compliance

Global Transfer Pricing

Management of KPIs

EDUCATION

The University of Texas, Austin Texas May 1998

Masters of Professional Accounting, Tax

Bachelors of Business Administration, Accounting

Honors Program: Professional Program of Accounting (PPA)

PROFESSIONAL WORK EXPERIENCE

Kraton Corporation, Houston, Texas 2009 – 2020

Director of Tax & M&A

Advise Board & C-suite Executives on optimal operational and legal structure for cross-border transactions

Executed Taiwan Joint Venture structure for production capacity, including access to $20m offshore cash and successfully defending reduced withholding tax rate of 3.5%-10%

Designed United Kingdom inversion structure for Taiwan M&A combination to provide margin growth and reduce ETR 10-15%

Employed international structure to consummate acquisition of same-size multinational, creating $400m cash repatriation valve, representing 50% accretion to earnings

Identified structure for Brazil & the Netherlands asset disposition of low-end margin product, eliminating $140m capital gain tax

Performed as key member to M&A due diligence teams to optimize deal structures, complete valuation analysis, including DCFs, IRR, preservation of tax attributes/NOLs & identify unrecognized tax liabilities affecting $10m of purchase price valuation

Significantly impact results through strategic financial initiatives, including management of KPIs and minimizing global taxes by optimizing transfer pricing

Implemented European Single Billing Entity (SBE) structure by bridging the commercial and operations teams, negotiating Dutch tax rulings and favorably resolving ongoing transfer pricing audits leading to the reduction of Europe’s ETR

Designed and executed 6 debt restructuring transactions to improve capital structure with reduced interest rates, extended maturities, improved balance of secured vs unsecured debt, and access to $500m offshore cash, tax-efficiently; participated in roadshow to market debt to investors

Identified and created cross-border (between US, Europe, Brazil and Japan) operational structure delivering favorable global ETR, while leading improvements to streamline the annual budget process

Initiated and executed global legal entity reorganization reducing annual fixed costs by $3m and preserving NOLs in Europe, Asia & US through successful transfer pricing and structuring around operational licensing, HR and legal issues

Identified and lead operational structure to monetize Brazil VAT credits of $11m, preserving integrity of financial asset subject to reserve

Identified and created limited risk distributor (LRD) conversion structure for Asia operating entities in an efforts to balance plant assets while reducing global ETR & cash taxes

Head of Tax for a U.S. publicly traded company with manufacturing, distribution and R&D activities globally

Develop and maintain relationships with executives in order to understand the business and translate business initiatives into effective management of the global ETR

Identify and ascertain appropriate treatment of tax accounting methods and issues by working closely with the Chief Accounting Officer and organizational leaders

Manage relationship with the independent auditors to discuss issues of technical expertise and ensure timely and accurate reporting of global tax provision and related financial statement disclosures in compliance with ASC 740

Work closely with Internal Audit to effectively manage, develop and maintain policies and procedures, improve accuracy and efficiency of the tax function while complying with Sarbanes – Oxley requirements

Interface with Treasury and FP&A to assess global cash needs for planning opportunities and documenting and disclosing tax position under APB 23

In-sourced tax department, reducing annual consulting fees by $400k related to outsourced tax functions

Hired, developed and retained a successfully motivated team of tax professionals to perform compliance, provision and transfer pricing functions previously outsourced

Manage global compliance, including federal, state and foreign income tax filings for over 40 legal entities, in 20 countries by employing a process design to ensure seamless adherence to filing deadlines

Oversee indirect tax compliance, including statutory financials, property tax, sales & use and value added tax filings

Advise and assist with payroll tax issues, including management of global expatriate tax calculations

Manage global tax controversies and negotiate settlements for income taxes, customs & indirect tax audits

Identified and defended property tax valuation assessment resulting in $150k annual savings

Received Leadership Award for successfully managing sales & use tax audits resulting in $3m refund

Received Leadership Award for favorably closing ongoing Japan Tax Audit by negotiating aging transfer pricing issue, reducing exposure from $6.9m to 900k cash settlement

Successfully defended uncertain tax position examined in transfer pricing audit of Germany and France

Manage and research technical issues & special projects associated with financial planning and tax compliance

Proactively monitor pending legislation, assessing potential impact and advising senior executive management team on potential implications

Initiated process improvement to mitigate currency transaction exposure to earnings

Perform industry peer analysis of quarterly earnings results to develop communications to investors, executive management and Board of Directors

Identified research & development costs generating an additional $4.9m of U.S. tax credits

Executed compliance planning for Base Erosion & Profit Shifting (BEPS) initiatives and country by country (CbC) reporting requirements

Analyzed and delivered assurance for compliance with new section 385 regulations by properly structuring and documenting intercompany debt

ABM Industries, Inc., Houston, Texas 2008 – 2009

Manager, Income Tax

Coordinated timely preparation and conducted technical review of all domestic and foreign tax returns, including consolidated 1120, combined and separate company state returns, and Canadian returns

Established newly in-sourced tax department by ensuring appropriate level of staffing, skill sets and training/professional development while managing department’s budget

Completed worldwide income tax provisions on a timely basis in accordance with FAS 109, FIN 48, FAS 123R, and other relevant accounting standards

Prepared income tax disclosures for SEC filings and Audit Committee presentations including reporting of continuing and discontinuing operations and segment reporting

Designed comprehensive tax rate model for analysis and management of effective tax rate for federal, state, Canada, and Iceland purposes

Designed and implemented income tax provision model based on accounting software tools and tax information obtained from Division Controllers in order to efficiently streamline provision process

Maintained and updated procedures for key controls required by Sarbanes Oxley 404 for financial reporting and income tax accounts

Coordinated and managed FAS 123R accounting requirements with new implementation of Merrill Lynch’s FASTrak(r) software

Performed detail analysis of FIN 48 Reserve, including identifying and updating unrecognized tax benefits related to merger and acquisition and disclosure requirements for SEC filings

Researched and advised management on foreign interest deduction under IRC 163(e)(3) for FIN 48 Reserve and tax return reporting

Reviewed and managed analysis of tax credits such as Work Opportunity Credit, Welfare to Work, Federal Empowerment Zone, and Low-Income Housing

Developed and implemented transfer-pricing model as well as research and document corporate functions of each business units’ vice president and staff in order to generate maximum markup

Evaluated corporate organizational structure and business transactions in relation to acquisition and legal entity reorganization under Treasury Regulations 351 and 368

Researched and performed technical review of Form 8858s, Foreign Disregarded Entities and Form 5471s, Controlled Foreign Corporations, for Bermuda, Belize, United Kingdom, Luxembourg, Iceland, Mexico and Canadian entities

Managed resolution of tax examinations by various taxing authorities. Responded to information requests and notices of proposed adjustments

Monitored proposed federal and state legislation and communicated key tax issues to senior management including memos to external auditors and disclosures for SEC filings

Continental Airlines, Inc., Houston, Texas 2006 – 2008

Manager, Income Tax

Responsible for FAS109 compliance for monthly, quarterly and annual filings

Researched and advised CFO on pension accounting issues impacting the Valuation Allowance in accordance with FAS 109 reporting requirements

Performed detailed analysis of FAS 123R implementation for provision and tax return reporting while working closely with Accounting Controller and staff

Established and maintained tax basis balance sheet model to track current and deferred book/tax differences, with critical analysis of NOLs and AMT credit preservation

Built and managed NOL model while working closely with Financial Planning to analyze the forecast and acquisition versus lease of new aircraft

Managed internal audits to ensure SOX compliance; managed relationship with independent auditors to mitigate Audit Committee issues

Coordinated timely preparation and conduct technical review of all federal and state tax returns, including consolidated 1120 and combined and separate company state returns

Coordinated TaxDimensions software downloads, system configuration and maintenance, general ledger account mapping

Performed technical review of Form 5471s, Controlled Foreign Corporations, for Mexico entities.

Managed general ledger tax accounts including current and deferred taxes, federal, state and foreign tax payables

Coordinated and prepared responses for tax audits as well as manage outcome of various state audits.

Coordinated compliance issues with expatriates working in China, Japan, The Netherlands, London, Denmark and India

Coordinated and maintained tax calendar and administrative tax filings in compliance with SOX key controls

Enron Corp, Houston, Texas 2003 – 2006

Senior Partnership Tax Accountant

Reviewed and prepared corporate and partnership tax returns

Reviewed and prepared partner basis calculations and capital account analysis

Reviewed and prepared tax basis balance sheets and stock basis analysis

Reviewed and prepared monthly, quarterly and year-end tax provisions

Baker Hughes, Houston, Texas 2000 – 2003

Senior Tax Accountant

Coordinated consolidated corporate tax return,

Analyzed R&D, 59(e), dividends and Subpart F income

Reviewed and prepared corporate and partnership tax returns

Coordinated IRS audits and self-proposed audit adjustments

Prepared Form 5471s for Controlled Foreign Corporations

Prepared sourcing analysis for Foreign Tax Credit position

Analyzed retained earnings and intercompany adjustments

Prepared FAS 109 components for reporting purposes

Coordinated TaxDimensions software downloads, system configuration and maintenance, general ledger account mapping and training of staff

Coordinated and maintained tax calendar and administrative tax filings, staff scheduling and performance evaluations

Interviewed prospective senior tax accountants

PricewaterhouseCoopers, LLP, Houston, Texas 1998 – 2000

Senior Tax Accountant

Reviewed corporate, partnership and individual tax returns

Prepared employee performance evaluations

Coordinated client and employee scheduling and billing

Maintained client relationships and accounts

Coopers & Lybrand, LLP, Houston, Texas 1997 – 1998

Tax Intern

Prepared corporate, partnership and individual federal returns

Prepared corporate and partnership state tax returns

Prepared non-profit organization, trust, and other miscellaneous federal tax returns

SOFTWARE SKILLS

Proficient in Microsoft Office Products, CorpTax, FastTax, TaxDimensions, ThomsonReuters InSource RS, CCH Online Research, RIA Checkpoint, BNA, SAP, Hyperion, Oracle, ProSystems, Tax Information Systems, Lotus, Quicken, Tax Calendar

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