Senior Tax Manager -- Group Tax Strategy & Planning
Location: Wilmington, Delaware
Description: AstraZeneca is at present recruited Senior Tax Manager -- Group Tax Strategy & Planning right now, this vacancy will be presented in Delaware. Detailed specification about this vacancy opportunity please read the description below. The role holder will act as a Senior Tax Manager within the Group Tax Strategy & Planning team ('GTSP') and report to the Director of GTSP. This position is responsible for coordinating US tax strategy and planning activities for AstraZeneca's US and Latin American businesses in line with Group Tax Strategy. The role holder will work closely with the Global Tax Team and wider AstraZeneca business on domestic as well as international projects, including transfer pricing management, M&A work, structuring projects, and licensing deals. The role holder must possess strong leadership capabilities and excellent written and communication skills.
Background of AstraZeneca and Global Tax organization
AstraZeneca is a major international healthcare business engaged in the research, development, manufacture and marketing of prescription pharmaceuticals and the supply of healthcare services. It is one of the world's leading pharmaceutical companies with healthcare sales of over $33 billion in 2011 and leading positions in sales of gastrointestinal, oncology, cardiovascular, neuroscience and respiratory products. AstraZeneca is listed in the FTSE 100 and is also listed on the US and Swedish stock exchanges.
The Global Tax team is part of the Group Finance function and is organized into two teams: GTSP (Group Tax Strategy & Planning) and GTO (Global Tax Operations), which work closely together and currently include personnel based in the UK, Sweden and the United States. The Global Tax Team is recognized both externally and internally as a high performing team. The GTSP team, consisting of 12 tax professionals, is responsible for development and execution of tax strategy and planning initiatives through establishing appropriate tax policies and standards, IP management, effective cross border dispute management and business partnering.
Key accountabilities
- Act as US tax lead regarding development of tax strategy and creation of tax planning initiatives in response to business needs, group structure efficiency and changing tax environment.
- Manage the US GTSP team of 4 tax professionals that conduct research & planning, transfer pricing management and compliance, M&A work, structuring projects and licensing deals as well as other projects as required. Provide coaching and support to team members and set clear objectives and accountabilities to ensure alignment and strong contribution.
- The role holder will be responsible for providing US tax support related to prospective licensing transactions, collaborations with other pharmaceutical partners, acquisitions or divestitures through review of proposals and contracts, as required. This includes outline of tax efficient solutions and IP management and may also include conducting tax due diligence for acquisitions.
- Develop and maintain effective working relationships, with other parts of Global Finance e.g. lead business partnering for the US planning team. Ensure close coordination and communication with the business, the Global Tax Team, and outside advisors, as required.
- Monitor and analyze proposed tax legislation and regulations that may affect the AstraZeneca group. Liaise regularly with Federal Government Affairs and drive the US tax lobbying agenda including responding to policy initiatives and providing support to OFII, as required.
- Management of US transfer pricing including ensuring that all entities have adequate transfer pricing documentation and that other TP compliance requirements are met. The responsibility will also include management of transfer pricing disputes including APA's and MAP's as required and to provide strategic guidance regarding tax and business efficient supply chains.
- Devise tax strategy for the LatAm region aligned with the Global Commercial organization in the Americas and also manage day to day support provided to local teams in LatAm in line with centrally mandated policies and procedures. This will include, amongst other things, transfer pricing and tax audit management.
- Determine US borrowing capacity and terms, considering Sec 163(j) limitations, debt to equity ratio required for legal purposes, earnings capacity and good tax payer reputation. Manage and review the timely completion of the Sec 163(j) compliance prepared by GTSP.
- Responsibility for tax advice regarding distributions from US entities.
- Assist HR and Payroll with various domestic and international employee tax issues.
- Assist GTO with tax technical advice regarding audit requests and other requests such as Statements and Elections needed for the Federal Tax Returns, especially those related to any new transactions closed during the year.
- Work closely with other members of the US Tax Leadership Team to manage tax risks and opportunities.
- Bachelor's degree, preferably in accounting, business administration, or economics. Alternatively, the role holder will have a Law Degree (LL.M).
- In-depth knowledge of generally accepted accounting principles, tax accounting, and tax law acquired through increasingly responsible professional and supervisory positions as a tax accountant, tax attorney and/or tax agent in industry or government employment.
- Significant prior experience with M&A transactions, transfer pricing and deep experience of handling tax audit matters.
- Significant in-depth knowledge of US tax laws. Prior international experience from working with tax laws in the LatAm region, UK or Sweden is a plus.
- 10 years experience in tax, finance or accounting at a large corporation or accounting firm.
- 5 years experience in a supervisory role (personnel/team/projects) and a successful track record of building a high performing team.
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If you were eligible to this vacancy, please send us your resume, with salary requirements and a resume to AstraZeneca.
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This vacancy will be started on: Sat, 21 Jul 2012 17:36:10 GMT
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