Indirect Tax Manager

Job Title

Job Description

Indirect Tax Manager – Cambridge, MA.

As an Indirect Tax Manager, your challenge will be to leverage your analytical and technical capabilities while bringing persistence and enthusiasm to provide the utmost adherence to Indirect Tax and supporting the accounting function. You will continually expand your expertise in Indirect Tax and Accounting as well as demonstrate your abilities to bring superior accounting and indirect tax leadership to Philips. This position will report to Nashville as a part of the Group Tax Function on a hybrid schedule (3 days a week in office). You will be responsible for supporting several high-volume businesses across the United States in the health technology industry. You must be able to respond quickly and maintain a high sense of urgency to ensure integrity and accuracy to support the companies for which you are responsible. You will also be responsible for building a network across the Philips organization as well as with external third-party support teams to leverage best- in-class results. To excel in this role, you should be able to constantly challenge yourself and others to achieve and surpass the goals of the team.

Your role:

• Act as the primary consultant and resource for indirect tax questions for the business units you will support, managing and ensuring the preparation and data review of the transaction tax filings by the third-party vendor, including sales and use tax, personal property taxes, gross receipt taxes, unclaimed property, and business licenses.
• Act as primary liaison with third-party vendors and business units to ensure compliance with state and local laws. This role will be responsible for identifying, reviewing, calculating, and maintaining provisions as needed w/ support of audit manager.
• Review monthly tax accruals for accuracy and work with accounting units as needed for proper reconciling of tax accounts while building a relationship with the business units you are responsible for to ensure tax reporting and compliance meets company Key Performance Indicators (KPIs) and reported as required. Performs nexus analysis annually and perform registration updates as needed.
• Understand and prepare projections for indirect tax accruals and payments against budget extract data from financial systems and compliance files for indirect tax audit needs. Working with business units’ teams to assure taxability on sales and purchasing functions correctly.
• Participate in ERP system’s design, maintenance, and implementation related to indirect tax matters to ensure compliance, enhance efficiency, and minimize exposure, identifying and implementing Indirect Tax planning opportunities.
• Research and document sales and use tax issues and keep current on transaction tax developments, maintaining documentation in accordance with SOX requirements, while ensuring processes are in place to obtain sales tax exemption certificates and periodically audit those processes for compliance.

You're the right fit if:

• Bachelor’s degree in accounting or finance required.
• MST and/or CPA/CMI preferred., knowledge of SAP and Vertex O Series preferred.
• 7+ years of experience in a large corporate environment and or public experience preferred.
• Knowledge of HRS Pro Unclaimed Property software, experience with Unclaimed Property required and knowledge of US Indirect tax laws/regulations.
• Able to work under critical time constraints and excellent analytical, organization, planning and communication skills.
• You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this Office/Remote position.

About Philips

We are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help improve the lives of others.

• Learn more about our business.
• Discover our rich and exciting history.
• Learn more about our purpose.
• Read more about our employee benefits.

If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our commitment to diversity and inclusion here.

Additional Information

US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.

Company relocation benefits will not be provided for this position.  For this position, you must reside in or within commuting distance to Cambridge, MA.

This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates.  Interested candidates are encouraged to apply as soon as possible to ensure consideration.

Philips is an Equal Employment and Opportunity Employer/Disabled/Veteran and maintains a drug-free workplace.