Senior Tax Director, Compensation & Benefits, Orthopedics

6090-Johnson & Johnson Services Inc. Legal Entity; Raynham (MA); On-site; USD 187,000 - 321,000; Full time

Job summary

Johnson & Johnson is seeking an experienced Senior Tax Director, Compensation & Benefits. You will provide high-level tax and legal advice on the design, administration, and governance of employee compensation and benefit plans worldwide.

Reporting to the VP Tax, you will guide complex programs during the planned separation into DePuy Synthes. You will advise on ERISA, IRS code requirements, mergers and acquisitions, payroll withholding, and fiduciary duties, partnering with executives to ensure

Qualifications

• Juris Doctor degree from an accredited law school.
• Active state bar admission in good standing (US).
• 10+ years advising on employee compensation & benefits tax and legal matters.
• Strong working knowledge of ERISA and Internal Revenue Code provisions.

Responsibilities

• Provide high-level tax and legal counsel on design, administration, and governance of employee compensation and benefit plans.
• Advise on US federal tax requirements affecting qualified retirement plans, equity, health and welfare benefits, and fringe benefits.
• Counsel on ERISA compliance, fiduciary duties, and related regulatory requirements.
• Provide tax and benefits guidance in mergers, acquisitions, divestitures, reorganizations, and related due diligence.
• Coordinate payroll withholding and reporting matters with payroll, finance, and HR.
• Review and document compensation arrangements, plan amendments, and participant communications.
• Advise on plan asset investments and prohibited transactions.
• Monitor legislative and regulatory developments and translate into actionable guidance for management.
• Coordinate with outside counsel and experts to deliver timely, practical solutions.

Skills

Tax advising

Tax compliance

Fiduciary liability

Leadership

Education

Juris Doctor degree

Active bar admission (US)

Job description

At Johnson & Johnson,we believe health is everything. Our strength in healthcare innovation empowers us to build aworld where complex diseases are prevented, treated, and cured,where treatments are smarter and less invasive, andsolutions are personal.Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity.Learn more at jnj.com

As guided by Our Credo, Johnson & Johnson is responsible to our employees who work with us throughout the world. We provide an inclusive work environment where each person is considered as an individual. At Johnson & Johnson, we respect the diversity and dignity of our employees and recognize their merit.

Job Function

Finance

Job Sub Function

Tax

Job Category

Professional

All Job Posting Locations

Bridgewater, New Jersey, United States of America, Raynham, Massachusetts, United States of America

Job Description

DePuy Synthes is seeking an experienced Senior Tax Director, Compensation & Benefits. This position reports to the VP Tax. The candidate will provide high level technical tax and legal advice to management in the administration of the company’s worldwide employee compensation and benefit plans. Johnson & Johnson announced plans to separate our Orthopaedics business to establish a standalone orthopaedics company, operating as DePuy Synthes. The process of the planned separation is anticipated to be completed within 18 to 24 months, subject to legal requirements, including consultation with works councils and other employee representative bodies, as may be required, regulatory approvals and other customary conditions and approvals. Should you accept this position, it is anticipated that, following conclusion of the transaction, you would be an employee of DePuy Synthes and your employment would be governed by DePuy Synthes employment processes, programs, policies, and benefit plans. In that case, details of any planned changes would be provided to you by DePuy Synthes at an appropriate time and subject to any necessary consultation processes. Incumbent is responsible for ensuring compliance with laws and regulations applicable to employee compensation and benefits. Specifically, incumbent will advise management regarding tax and legal requirements in areas including qualified retirement plans, stock based compensation, employee welfare benefit plans, employee fringe benefits, mergers, acquisitions & divestitures, plan asset investments, and executive compensation matters. The Senior Tax Director, Compensation & Benefits will also advise on payroll withholding and reporting matters and other global employee compensation and benefits matters.

Position Requirements

• A Juris doctor degree from an accredited law school is required.
• A minimum of one active state (or District of Columbia) bar admission is required.
• A minimum of 10 years of experience at a law firm, accounting firm and/or major corporation advising clients or management on a wide variety of employee compensation & benefits tax and legal matters is required.
• Working knowledge of the provisions of the Internal Revenue Code applicable to the taxation of employee compensation and benefits and of the Employee Retirement and Security Act of 1974 (ERISA) is required.
• Experience advising on compensation and benefits matters in mergers, acquisition, and divestiture transactions is required.
• Incumbent will also require excellent business partnering and communication skills - specifically the ability to communicate highly technical matters to management whose knowledge may be more general.

Preferred Requirements/Competencies

• Exposure to and general knowledge of the laws of some major non-U.S. jurisdictions with respect to employee compensation and benefit matters, reporting and withholding, and employee location compliance are preferred.

Key Responsibilities

• Provide technical tax and legal counsel on the design, administration, and governance of employee compensation and benefit plans and programs.
• Advise on U.S. federal tax requirements affecting qualified retirement plans, executive compensation, equity and stock-based compensation, health and welfare benefits, fringe benefits, and other employee programs.
• Counsel business and functional leaders on compliance with ERISA, the Internal Revenue Code, and related regulatory and fiduciary requirements.
• Provide tax and benefits advice in connection with mergers, acquisitions, divestitures, reorganizations, and other corporate transactions, including due diligence, agreement review, and integration or separation planning.
• Advise on payroll tax withholding, reporting, information returns, and employee mobility matters, coordinating with payroll, finance, human resources, and external advisors as appropriate.
• Support the review and documentation of compensation and benefit arrangements, plan amendments, participant communications, policies, and governance materials.
• Advise fiduciaries and internal stakeholders on plan asset investment, prohibited transaction, and related governance matters.
• Monitor legislative, regulatory, and judicial developments and translate complex requirements into practical guidance, risk assessments, and recommended actions for management.
• Manage and coordinate advice from outside counsel and other external experts, as needed, to deliver timely and commercially practical solutions.

Qualifications Education Required

Juris Doctor degree from an accredited law school and active admission in good standing to at least one U.S. state bar or the District of Columbia bar.

Preferred

LL.M. in Taxation or comparable advanced training in employee benefits, executive compensation, or tax law.

Experience and Skills Required

• Minimum of 10 years of relevant experience at a law firm, accounting firm, and/or major corporation advising on employee compensation and benefits tax and legal matters.
• Strong working knowledge of Internal Revenue Code provisions applicable to employee compensation and benefits, including qualified retirement plans, executive compensation, equity and stock-based compensation, health and welfare benefits, and fringe benefits.
• Demonstrated knowledge of ERISA and related fiduciary, reporting, disclosure, and compliance requirements.
• Experience advising on compensation and benefits matters arising in mergers, acquisitions, divestitures, and other corporate transactions.
• Experience with payroll withholding and reporting requirements and plan asset investment matters.
• Ability to analyze complex legal and tax issues, exercise sound judgment, and provide clear, practical, and business-oriented advice.
• Excellent written and verbal communication skills, including the ability to explain highly technical matters to leaders and stakeholders with varying levels of subject-matter expertise.
• Strong collaboration, project management, and relationship-building skills in a global, matrixed environment.

Equal Opportunity Employer

Johnson & Johnson is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, protected veteran status or other characteristics protected by federal, state or local law. We actively seek qualified candidates who are protected veterans and individuals with disabilities as defined under VEVRAA and Section 503 of the Rehabilitation Act. Johnson & Johnson is committed to providing an interview process that is inclusive of our applicants’ needs. If you are an individual with a disability and would like to request an accommodation, please contact us via https://www.jnj.com/contact-us/careers or contact AskGS to be directed to your accommodation resource.

Required Skills

Preferred Skills: Agility Jumps, Audit Management, Consulting, Critical Thinking, Fiduciary Liability, Financial Analysis, Financial Reports, Financial Risk Management (FRM), Financial Trends, Leadership, Organizing, Process Optimization, Program Management, Tax Advising, Tax Compliance, Tax Management, Transparency Reporting

Salary

The anticipated base pay range for this position is : $187,000.00 - $320,850.00

Additional Description for Pay Transparency

Subject to the terms of their respective plans, employees are eligible to participate in the Company’s consolidated retirement plan (pension) and savings plan (401(k)). This position is eligible to participate in the Company’s long-term incentive program. Subject to the terms of their respective policies and date of hire, employees are eligible for the following time off benefits: Vacation –120 hours per calendar year Sick time - 40 hours per calendar year; for employees who reside in the State of Colorado –48 hours per calendar year; for employees who reside in the State of Washington –56 hours per calendar year Holiday pay, including Floating Holidays –13 days per calendar year Work, Personal and Family Time - up to 40 hours per calendar year Parental Leave – 480 hours within one year of the birth/adoption/foster care of a child Bereavement Leave – 240 hours for an immediate family member: 40 hours for an extended family member per calendar year Caregiver Leave – 80 hours in a 52-week rolling period10 days Volunteer Leave – 32 hours per calendar year Military Spouse Time-Off – 80 hours per calendar year For additional general information on Company benefits, please go to: https://www.careers.jnj.com/employee-benefits

Company Culture

At Johnson & Johnson,we believe health is everything. Our strength in healthcare innovation empowers us to build aworld where complex diseases are prevented, treated, and cured,where treatments are smarter and less invasive, andsolutions are personal.Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity.Learn more at https://www.jnj.com/. Our Credo calls on us to respect the dignity of every individual and create an environment for all people to thrive. Throughout the recruitment process - from application through hiring - we are committed to providing reasonable accommodations/adjustments for qualified candidates with disabilities. If you need support at any stage of the recruitment process, please complete our candidate accommodation request form so we can assist you.

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