Director, Tax Operations
Director, Tax Operations
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$ 160300 - 297700
1 Vacancy
Job Description
Job Description Summary
The Director Tax Operations is responsible for the leadership management and execution of US tax reporting compliance and integration as thought leader on the various dimensions of US federal and state tax. This role is key in driving the strategic direction of an inclusive globally integrated finance based and functionally connected US tax organization covering end-to-end all relevant aspects of the US tax life-cycle.This role is required to be in our East Hanover NJ office 3x/week.
Job Description
Key Responsibilities:
Leading Tax
- Key member of the US Tax team driving the continuous development of a finance/accounting based tax organization with analytical orientation prepared for internal and external needs and challenges. Ensure close collaboration with business stakeholders locally and globally.
- Lead the US tax effort and maximize the value delivered in support of federal and state tax reporting compliance and integration act as trusted and respected advisor with stakeholders and senior management.
- Provide leadership and technical support as a function aligned with tax planning and transfer pricing based on strong finance and accounting skills promoter of the strategic integration of US Tax into the local and global Novartis organization including business partnering and technical expertise on all dimensions of tax reporting and compliance.
- Representative of US tax function with policy makers fiscal authorities industry associations tax director community and other external stakeholders to front Novartis on specific tax matters.
Compliance and Risk Management
- Manage all aspects of federal and state tax reporting tax rate forecast tax cash forecast compliance tax payments evaluate opportunities to optimize effective tax rate and cash taxes while managing risk. Communicate pro-actively with business stakeholders on tax positions and payments.
- Ensure FC&C processes are followed and additional local tax controls/ a tax control framework are in place as needed.
- Closely support tax audits and controversy including IDRs notices amended tax returns manage tax risk and impact on tax reporting and financial statement disclosures.
- Ensure the contemporaneous availability of financial and tax data (P/L and B/S) on all dimensions of IFRS and tax for tax reporting and compliance and audit preparedness.
- Manage the entire operations integration process of new acquisitions including Opening Balance Sheets Section 382 review and stub period tax returns.
- Pro-actively monitor and develop tax reporting and compliance processes and technology with the aim to achieve simplification and standardization and improve operational effectiveness and efficiency. Ensure clear roles and responsibilities the maintenance of local guidelines/work instructions in order to properly manage tax processes in coordination with relevant stakeholders.
Planning and Structuring
- Provide technical leadership in federal state and US international taxes with an emphasis on consolidated return rules US tax reform (163(j) BEAT FDII).
- Assess the impact of new legislation change in accounting methods business initiatives on reporting compliance and technology.
- Ensure readiness for Pillar II including conceptual framework and systems and support in modeling and planning.
- Provide tax critical data (IFRS and tax P/L and B/S ETR provisions cash tax etc.) and support quality analysis scenario planning modeling to tax planning transfer pricing business and senior management on local or global initiatives. Support acquisition integration divestment analysis (E&P stock basis carve-out financials opening balance sheet etc.).
- Engage with the business stakeholders as a trusted tax partner on tax rate UTP cash payments.
- Provide technical expertise and coordinated support to tax planning and transfer pricing around standardization technology and process optimization.
People and Development
- Foster an environment of collaboration and professional development create a sense of empowerment teamwork and ownership to elevate the US tax team to a knowledge center covering all US tax areas and pro-actively interconnected within US Tax and with US and global stakeholders (HQ Tax Global FRA M&A finance treasury funds flow BR Development commercial legal etc.)
- Act as a role model and mentor to the US Tax team members embracing business partnering knowledge sharing and technical excellence at the crossroads of tax finance/accounting and legal.
- Work closely with other tax executives on resourcing and prioritization of activities that best align to the overall tax vision and objectives.
- Ensure training and development opportunities for team members and stakeholders.
- Active member of the global tax function driving the strategy priorities initiatives and activities of the global tax function in close collaboration with business and finance stakeholders.
Essential Requirements:
- Finance/Accounting degree with further accredited accounting and/or tax qualification highly preferred (e.g. CPA US Masters of Tax)
12 years of US Tax experience in Big 4 and/or corporate department of a large publicly held multinational company (US revenue greater than 15bn)
Experience leading a large impactful team with a variety of skillset
Desirable Requirements:
Ownership of accurate and timely filings and calculations for reporting and compliance
- Minimization of risks and penalties as it relates to audit matters
- Ability to articulate tax technical messaging and recommendations to relevant stakeholders
- Successful execution in all tax aspects of global and local initiatives and projects
- Contribution to US and Group ETR through pro-active recognized US tax practice closely connected with US and global executive stakeholders
- Impact on US tax team members through role model mentoring and technical savviness
Benefits & Rewards
The salary for this position is expected to range between $160300 and $297700/year. The final salary offered is determined based on factors like but not limited to relevant skills and experience and upon joining Novartis will be reviewed periodically. Novartis may change the published salary range based on company and market factors. Your compensation will include a performance-based cash incentive and depending on the level of the role eligibility to be considered for annual equity -based eligible employees will receive a comprehensive benefits package that includes health life and disability benefits a 401(k) with company contribution and match and a variety of other addition employees are eligible for a generous time off package including vacation personal days holidays and other leaves.
Why Novartis: Helping people with disease and their families takes more than innovative science. It takes a community of smart passionate people like you. Collaborating supporting and inspiring each other. Combining to achieve breakthroughs that change patients lives. Ready to create a brighter future together our Novartis Network: Not the right Novartis role for you Sign up to our talent community to stay connected and learn about suitable career opportunities as soon as they come up: and Rewards: Read our handbook to learn about all the ways well help you thrive personally and professionally: Statement:
The Novartis Group of Companies are Equal Opportunity Employers. We do not discriminate in recruitment hiring training promotion or other employment practices for reasons of race color religion sex national origin age sexual orientation gender identity or expression marital or veteran status disability or any other legally protected status.
Accessibility and reasonable accommodations
The Novartis Group of Companies are committed to working with and providing reasonable accommodation to individuals with disabilities. If because of a medical condition or disability you need a reasonable accommodation for any part of the application process or to perform the essential functions of a position please send an e-mail to or call 1 and let us know the nature of your request and your contact information. Please include the job requisition number in your message.
Salary Range
$160300.00 - $297700.00Skills Desired
Compliance And Controls Critical Thinking E2E Process View Financial Accounting Financial And Management Reporting Giving And Receiving Feedback Mergers and Acquisitions (M&A) Rapid Problem Solving Tax TreasuryRequired Experience:
Director
Employment Type
Full-Time
