Senior Manager, State & Local Income Tax

Bristol Myers SquibbPrinceton, NJ
3dHybrid

About The Position

Challenging. Meaningful. Life-changing. Those aren’t words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You’ll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams. Take your career farther than you thought possible. Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: careers.bms.com/working-with-us . As a Senior Manager, State and Local Tax Compliance you will be a critical member of the team responsible for US state and local tax compliance. In this role, you will be supporting all compliance activities, including the timely filing of state and local tax returns, management of state notices and audit inquiries, tax technical research and analysis, monitoring tax legislation and state tax audit support, and aspects of state and local tax planning and reporting. The Senior Manager will work closely across the entire tax reporting and compliance teams and with colleagues across finance, treasury and legal, and will play a key role in supporting the company's state and local tax strategy.

Requirements

  • Bachelor's degree in accounting, finance, or a related field; preferably with a Masters of Tax and/or CPA license.
  • 8+ years of SALT tax provision and compliance experience working in a complex manufacturing environment or in the pharmaceutical industry, preferable with 2+ years of public accounting experience.
  • In-depth knowledge of SALT tax laws, regulations, proven experience managing complex SALT issues and audits, and preferable ASC 740 experience.
  • Strong research, analytical and problem-solving skills, with the ability to interpret and apply tax laws and regulations.
  • Proficiency in Microsoft Office Suite and a solid technology background, preferable with knowledge of SAP, OneSource Provision (knowledge of TaxStream is very beneficial), intelligent automation such as Alteryx, RPA, Power BI and Tableau.
  • Excellent communication and interpersonal skills to effectively collaborate with internal and external stakeholders, strong attention to detail and ability to work under tight deadlines

Responsibilities

  • Provide assistance and support for all state tax income tax compliance activities including state income and franchise tax returns, determining estimated taxes and managing extension filings.
  • Assist with state income and franchise tax audits and notices, in close collaboration with internal and external tax controversy teams.
  • Gather required information and perform analytics and reconciliations for actual and projected state income tax provisions, including state UTPs, valuation allowances, return to provision reconciliations and cash taxes.
  • Provide support for financial statement disclosures.
  • Conduct research on state and local tax issues, providing guidance on tax implications for business decisions.
  • Stay current on changes in state and local tax laws and regulations, and ensure the company remains compliant.
  • Update and maintain SOX control documentation and aid with review and or testing of controls as required.
  • Support company initiatives to minimize SALT liability and reduce audit risk, and work with our Tax Planning Team and outside advisors on state tax planning opportunities.
  • Identify opportunities to streamline processes including integration of acquired businesses.

Benefits

  • Medical, pharmacy, dental and vision care.
  • Wellbeing support such as the BMS Living Life Better program and employee assistance programs (EAP).
  • Financial well-being resources and a 401(K).
  • Financial protection benefits such as short- and long-term disability, life insurance, supplemental health insurance, business travel protection and survivor support.
  • Work-life programs include paid national holidays and optional holidays, Global Shutdown Days between Christmas and New Year’s holiday, up to 120 hours of paid vacation, up to two (2) paid days to volunteer, sick time off, and summer hours flexibility.
  • Parental, caregiver, bereavement, and military leave.
  • Family care services such as adoption and surrogacy reimbursement, fertility/infertility benefits, support for traveling mothers, and child, elder and pet care resources.
  • Other perks like tuition reimbursement and a recognition program.
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