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We are seeking a highly experienced Director of Tax Accounting to lead our tax accounting team and provide strategic guidance on tax accounting matters. The successful candidate will have a strong background in tax accounting, leadership experience, and excellent communication skills. The Director of Tax Accounting will be responsible for leading the tax accounting team in preparing projections and quarterly/year-end reporting of the global corporate income tax provision, uncertain tax positions, and effective tax rate for US GAAP (under ASC 740). The role will also involve developing team members, driving innovation and efficiencies in processes/reporting, and analyzing tax accounting-related data to drive insights and add strategic value to the tax function.
Job Responsibility:
Lead the tax accounting team in preparing projections and quarterly/year-end reporting of the global corporate income tax provision, uncertain tax positions, and effective tax rate for US GAAP (under ASC 740)
Develop and implement tax accounting policies and procedures, including optimal utilization of OneSource Tax Provision software globally, to ensure compliance with US GAAP and US tax laws and regulations
Participate in the tax leadership team to set strategic direction for the tax department, drive engagement and growth of team members and lead execution of key priorities to achieve the strategic vision of the department
Partner with Tax colleagues globally in areas of tax compliance, planning, and controversy to advise on tax accounting considerations and treatment of relevant tax implications under ASC 740.
Analyze and interpret complex tax data, using automation and analytics tools, to drive insights and add strategic value to the tax function and Finance at Baxter
Develop and maintain relationships with key senior leaders in Finance & Corporate Legal (including the CFO) as well as external advisors & financial statement auditors
Provide guidance, support and critical review oversight to the tax accounting team on tax accounting matters, including SOX-related and other internal controls
Identify and advocate participation in training programs to ensure team members have the necessary skills and knowledge to perform their roles effectively
Stay up-to-date with changes in US GAAP/SEC requirements on income tax accounting as well as material tax laws and regulations and ensure the tax accounting team is aware of these changes
Requirements:
Bachelor's degree in Accounting or related field
Master's degree in Accounting or Tax preferred
CPA certification required
8+ years of experience in tax, with at least 5 years in specific tax accounting-focused roles, including at least 2 years as a Director of Tax Accounting
Strong knowledge of tax accounting software and systems, including OneSource Tax Provision software (OTP), FCCS, and ERP systems/data access
Experience with data extraction, transformation, and loading software (e.g., Alteryx or PowerQuery) a plus
Excellent communication and collaboration skills, with the ability to work effectively with executives (Chief Accounting Officer, CFO, Corporate Legal Counsel, and Big 4 Financial Statement auditors)
Ability to manage competing priorities and work effectively in a fast-paced environment
Nice to have:
Experience with ASC 740 and US GAAP
US tax law experience, particularly international rules such as GILTI, FDII, Subpart F and foreign tax credits
Experience with data visualization tools and ability to create reports and dashboards to communicate complex tax data to stakeholders
What we offer:
Support for Parents
Continuing Education/ Professional Development
Employee Heath & Well-Being Benefits
Paid Time Off
2 Days a Year to Volunteer
medical and dental coverage that start on day one
insurance coverage for basic life, accident, short-term and long-term disability, and business travel accident insurance
Employee Stock Purchase Plan (ESPP), with the ability to purchase company stock at a discount
401(k) Retirement Savings Plan (RSP), with options for employee contributions and company matching
Flexible Spending Accounts
educational assistance programs
paid holidays
paid time off ranging from 20 to 35 days based on length of service