Senior Tax Analyst, Tax Forecasting & Analysis

bostonscientific•Marlborough, MA

24d

About The Position

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.

Requirements

BS in Accounting or Finance; MSA/MST and/or CPA preferred
4+ yrs of 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

Responsibilities

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.