Director - Global Tax Accounting

ACCA Careers; Deerfield (IL); On-site; USD 176,000 - 242,000; Full time

Job summary

An established industry player is seeking a highly experienced Director of Tax Accounting to lead a dynamic team. This role involves strategic guidance on tax accounting matters, ensuring compliance with US GAAP, and driving innovation in tax processes. You will collaborate with senior leaders and external advisors, making a significant impact on the organization’s financial health. Join a mission-driven company where your expertise will contribute to saving and sustaining lives, while enjoying a comprehensive benefits package that supports your well-being and growth.

Benefits

Medical and Dental Coverage

401(k) Retirement Savings Plan

Employee Stock Purchase Plan

Flexible Spending Accounts

Educational Assistance Programs

Paid Holidays

Paid Time Off

Childcare Benefits

Employee Assistance Program

Commuting Benefits

Qualifications

• 8+ years of experience in tax accounting with leadership roles.
• Strong knowledge of US GAAP and ASC 740 for tax accounting.
• Excellent communication skills to collaborate with executives.

Responsibilities

• Lead the tax accounting team in preparing tax provisions and reporting.
• Develop and implement tax accounting policies for compliance.
• Analyze complex tax data to provide insights for strategic decisions.

Skills

Tax Accounting

Leadership

Communication Skills

Data Analysis

US GAAP

Tax Compliance

Collaboration

Education

Bachelor's degree in Accounting

Master's degree in Accounting or Tax

CPA certification

Tools

OneSource Tax Provision software

Data Visualization Tools

ERP systems

Alteryx

PowerQuery

Job description

This is where you save and sustain lives

At Baxter, we are deeply connected by our mission. No matter your role at Baxter, your work makes a positive impact on people around the world. You’ll feel a sense of purpose throughout the organization, as we know our work improves outcomes for millions of patients.

Baxter’s products and therapies are found in almost every hospital worldwide, in clinics and in the home. For over 85 years, we have pioneered significant medical innovations that transform healthcare.

Together, we create a place where we are happy, successful and inspire each other. This is where you can do your best work.

Join us at the intersection of saving and sustaining lives— where your purpose accelerates our mission.

Your Role at Baxter:

We are seeking a highly experienced Director - 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 - 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.

What You'll Be Doing:

• 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

What You'll Bring:

• 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

Preferred Qualifications:

• 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

We understand compensation is an important factor as you consider the next step in your career. At Baxter, we are committed to equitable pay for all employees, and we strive to be more transparent with our pay practices. The estimated base salary for this position is $176,000 - $242,000 annually. The estimated range is meant to reflect an anticipated salary range for the position. We may pay more or less than of the anticipated range based upon market data and other factors, all of which are subject to change. Individual pay is based on upon location, skills and expertise, experience, and other relevant factors. This position may also be eligible for discretionary bonuses, commission, and/or long-term incentive. For questions about this, our pay philosophy, and available benefits, please speak to the recruiter if you decide to apply and are selected for an interview.

Baxter is committed to supporting the needs for flexibility in the workplace. We do so through our flexible workplace policy which includes a required minimum number of days a week onsite. This policy provides the benefits of connecting and collaborating in-person in support of our Mission. The flexible workplace policy is subject to local laws and legal requirements. At its discretion, Baxter may decide to adjust, suspend, or discontinue as business needs change.

US Benefits at Baxter (except for Puerto Rico)

This is where your well-being matters. Baxter offers comprehensive compensation and benefits packages for eligible roles. Our health and well-being benefits include medical and dental coverage that start on day one, as well as insurance coverage for basic life, accident, short-term and long-term disability, and business travel accident insurance. Financial and retirement benefits include the Employee Stock Purchase Plan (ESPP), with the ability to purchase company stock at a discount, and the 401(k) Retirement Savings Plan (RSP), with options for employee contributions and company matching. We also offer Flexible Spending Accounts, educational assistance programs, and time-off benefits such as paid holidays, paid time off ranging from 20 to 35 days based on length of service, family and medical leaves of absence, and paid parental leave. Additional benefits include commuting benefits, the Employee Discount Program, the Employee Assistance Program (EAP), and childcare benefits. Join us and enjoy the competitive compensation and benefits we offer to our employees. For additional information regarding Baxter US Benefits, please speak with your recruiter or visit our Benefits site: Benefits | Baxter

For further information, and to apply, please visit our website via the “Apply” button below.