Senior Tax Analyst, Tax Forecasting & Analysis

Boston Scientific Gruppe; Marlborough (MA); On-site; USD 89,000 - 170,000; Full time

Job summary

Boston Scientific seeks a high performing Senior Tax Analyst to forecast the company’s global tax position and develop models for ETR and cash tax projections. You will collaborate across Finance to assess tax implications of business changes and provide actionable insights.

The role requires strong US tax knowledge, advanced Excel, and experience with data visualization tools. MA location; on-site with competitive compensation and benefits.

Qualifications

• BS in Accounting or Finance; MSA/MST and/or CPA preferred.
• 4+ years of work experience in a multinational, corporate tax department and/or a public accounting firm
• Strong analytical, problem solving, and communication skills in a dynamic, deadline-driven environment
• Knowledge of US federal tax matters including GILTI, FDII and OECD Pillar Two
• Knowledge of ASC 740 principles and US GAAP
• Familiarity with transfer pricing concepts and supply chain issues
• Advanced Excel skills and experience with large data sets and financial modeling
• Experience with data visualization and automation tools, with interest in leveraging AI tools to drive efficiencies

Responsibilities

• Organization and execution of workstreams that forecast the world-wide ETR and cash tax projections for annual plan, 3-year plan, and quarterly forecasts (ASC 740).
• Maintain models to ensure ETR and cash models are complete and accurate.
• Perform variance analysis by forecasting vs. actual results; identify drivers and root causes.
• Communicate results, insights, and recommendations to stakeholders (tax and non-tax).
• Model potential changes in tax laws and corporate structure, accounting methods and elections.
• Collaborate with Accounting, Treasury, FP&A to assess impact of business changes on ETR and cash tax projections.
• Design and maintain flexible, scalable models for scenario planning; implement Alteryx/Tableau solutions.
• Drive process improvements to reduce cycle time.

Skills

Analytical skills

Communication skills

Advanced Excel

Forecasting & modeling

Problem solving

Education

BS in Accounting or Finance; MS or CPA preferred

Tools

Alteryx

Tableau

Job description

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Senior Tax Analyst, Tax Forecasting & Analysis

Onsite Location(s):

Marlborough, MA, US, 01752

Additional Location(s): N/A

Diversity - Innovation - Caring - Global Collaboration - Winning Spirit- High Performance

At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we’ll help you in advancing your skills and career. Here, you’ll be supported in progressing – whatever your ambitions.

About the role:

Boston Scientific seeks a high performing individual to organize and execute the company’s process to forecast the global tax position of Boston Scientific. Qualified candidates must bring an understanding of US and global tax laws and income tax accounting concepts to the role and will develop knowledge of the Boston Scientific organizational structure and supply chain in the role. This person will build relationships across the finance organization to keep informed of business changes, opportunities, and initiatives to determine their impact to the company’s global tax position. Additionally, the Senior Analyst will assess the tax impact of strategic alternatives on the company’s position, by creating and analyzing multiple planning scenarios and making recommendations for tax efficient alternatives.

Key Responsibilities Include:

• Organization and execution of workstreams that support the process to forecast the company’s world-wide effective tax rate (ETR) and global cash tax projections for our annual operating plan, three-year strategic plan, and quarterly forecasts in accordance with ASC 740.
• Stay aware of the changing global tax laws affecting the company; Maintain models to ensure existing ETR and cash models are complete and accurate.
• Perform variance analysis by comparing forecasts to prior projects and actual results; Identify key drivers, determine root causes and recommend solutions to continuously improve forecasting accuracy.
• Analyze all model results to understand and validate the impact on the company’s ETR and global cash tax projections; clearly communicate the results, key insights, and recommendations to stakeholders (tax and nontax) ;
• Partner across the broader tax organization to model potential changes in tax laws and corporate structure, accounting methods and elections, as well as complex tax planning scenarios.
• Collaborate across our global finance organization with peers in Accounting, Treasury, and FP&A to stay aware of proposed changes to the business (e.g. corporate initiatives, expansions, acquisitions, restructurings, and divestitures) and assess their impact on the company’s ETR and global cash tax projections.
• Design and maintain flexible, scalable models to support scenario planning and decision making; Implement technology-based solutions and data visualization tools such as Alteryx and Tableau.
• Drive continuous improvement by evaluating existing processes and models to increase efficiency; Propose and implement solutions to reduce cycle time.

Required Qualifications

• BS in Accounting or Finance; MSA/MST and/or CPA preferred
• 4+yrsof work experience in a multinational, corporate tax department and/or a public accounting firm
• Strong analytical, problem solving, and communication skills with the ability to operate effectively in a dynamic, deadline driven environment
• Demonstrated proficiency in U.S. federal tax matters including knowledge of tax concepts related to foreign tax credits, GILTI, FDII and OECD Pillar Two
• Knowledge of ASC 740 principles and US Generally Accepted Accounting Principles
• Familiarity with transfer pricing concepts and supply chain issues
• Advanced Excel skills and experience with large data sets and financial modeling
• Experience with data visualization and automation tools, with interest in leveraging AI tools to drive efficiencies

Requisition ID:633000

Minimum Salary: $89200

Maximum Salary: $169500

The anticipated compensation listed above and the value of core and optional employee benefits offered by Boston Scientific (BSC) – see www.bscbenefitsconnect.com— will vary based on actual location of the position and other pertinent factors considered in determining actual compensation for the role. Compensation will be commensurate with demonstrable level of experience and training, pertinent education including licensure and certifications, among other relevant business or organizational needs. At BSC, it is not typical for an individual to be hired near the bottom or top of the anticipated salary range listed above.

Compensation for non‑exempt (hourly), non‑sales roles may also include variable compensation from time to time (e.g., any overtime and shift differential) and annual bonus target (subject to plan eligibility and other requirements).

Compensation for exempt, non‑sales roles may also include variable compensation, i.e., annual bonus target and long‑term incentives (subject to plan eligibility and other requirements).

For MA positions: It is unlawful to require or administer a lie detector test for employment. Violators are subject to criminal penalties and civil liability.

Boston Scientific transforms lives through innovative medical technologies that improve the health of patients around the world. As a global medical technology leader for more than 45 years, we advance science for life by providing a broad range of high‑performance solutions that address unmet patient needs and reduce the cost of healthcare. Our portfolio of devices and therapies helps physicians diagnose and treat complex cardiovascular, respiratory, digestive, oncological, neurological and urological diseases and conditions. Learn more at www.bostonscientific.com and follow us on LinkedIn .

Boston Scientific Corporation has been and will continue to be an equal opportunity employer. To ensure full implementation of its equal employment policy, the Company will continue to take steps to assure that recruitment, hiring, assignment, promotion, compensation, and all other personnel decisions are made and administered without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identity, gender expression, veteran status, age, mental or physical disability, genetic information or any other protected class.

Please be advised that certain US based positions, including without limitation field sales and service positions that call on hospitals and/or health care centers, require acceptable proof of COVID-19 vaccination status. Candidates will be notified during the interview and selection process if the role(s) for which they have applied require proof of vaccination as a condition of employment. Boston Scientific continues to evaluate its policies and protocols regarding the COVID-19 vaccine and will comply with all applicable state and federal law and healthcare credentialing requirements. As employees of the Company, you will be expected to meet the ongoing requirements for your roles, including any new requirements, should the Company’s policies or protocols change with regard to COVID-19 vaccination.

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