What are the responsibilities and job description for the Senior Tax Analyst position at Novartis?
Summary
The role is required to be in our East Hanover, NJ office 3x/week. Please only apply if this works for you.
About the Role
Compliance, Reporting, and Risk Management
- Assist with the preparation and consolidation of the federal C-corporation (Form 1120) and state and local corporate income tax returns, including the proforma returns of assigned subsidiaries.
- Prepare federal and state quarterly estimated tax payments and extension calculations.
- Identify, research, and analyze tax issues and planning opportunities.
- Work with managers and directors on various federal and state special projects. For example: research & development tax credit study, financial analysis of intercompany transactions, analysis of tax impacts of acquisitions/divestments, calculation of FDII deduction and other credits and incentives, assist in state conformity studies.
- Prepare state apportionment for assigned subsidiaries and unitary jurisdictions.
- Assist in the preparation of select international tax forms and consolidating schedules included in consolidated federal filing.
- Assist with ensuring that the tax function, in conjunction with accounting, is compliant with the requirements and procedures established under Sarbanes Oxley ("SOX"). This includes maintaining tax internal controls by recommending and documenting tax policies and procedures.
- Assist with responses in support of the tax notices and audits in various US jurisdictions. Perform research (factual and technical) to assist with tax audits. This would also include assistance with state and local nexus inquiries.
- Support the calculation of US federal and state ETR drivers and support the overall tax quarterly provision process and forecast. Assist with all monthly general ledger tax account reconciliations and the preparation of related federal and state journal entries.
- Responsible for preparing (e.g. analysis) or reporting with particular emphasis on accuracy, compliance and timeliness of data provided.
People and Development
- Encourage 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.)
- Embracing business partnering, knowledge sharing and technical excellence at the crossroads of tax, finance/accounting, and legal
- 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:
- Bachelor's degree required
- Minimum of 2 years experience in US federal and state income tax compliance and reporting
- Team player with strong communication skills, able to work in a collaborative environment
- Willingness to embrace new opportunities and continue to grow as a tax professional
- Strong organizational, time management, and analytical skills
- Experience in applying problem-solving methods to identify and address issues
- Ability to handle highly sensitive material appropriately and maintain confidentiality
- Proficiency in Microsoft applications (e.g. Excel, Word, SharePoint, etc.)
Desirable Requirements:
- Degree subject area in Accounting and/or CPA preferred; Masters degree in Accounting or MS in Tax preferred.
- Experience in a large public accounting firm and/or large public company corporate tax department.
- ONESOURCE (e.g. OIT, OTP) and Alteryx experience
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
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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 & 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 [email protected] 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.
