Director, Tax Operations

Job Description Summary

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 $160,300 and $297,700/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 awards. US-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 benefits. In 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? https://www.novartis.com/about/strategy/people-and-culture

Join 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: https://talentnetwork.novartis.com/network

Benefits and Rewards: Read our handbook to learn about all the ways we'll help you thrive personally and professionally: https://www.novartis.com/careers/benefits-rewards

EEO 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 us.reasonableaccommodations@novartis.com or call +1(877)395-2339 and let us know the nature of your request and your contact information. Please include the job requisition number in your message.

Salary Range

Skills Desired