Senior Tax Director, Compensation & Benefits

Johnson & Johnson Innovative Medicine•Raynham, MA

1d•$178,000 - $307,050

About The Position

DePuy Synthes is seeking an experienced Senior Tax Director, Compensation & Benefits. The position reports to the VP Tax and provides high-level technical tax and legal advice to management on the administration of worldwide employee compensation and benefit plans. The role is responsible for ensuring compliance with laws and regulations applicable to employee compensation and benefits, including qualified retirement plans, stock-based compensation, employee welfare benefit plans, fringe benefits, plan asset investments, executive compensation, payroll withholding and reporting, and global employee matters. The role advises on compensation and benefits matters in mergers, acquisitions, divestitures, reorganizations, and other corporate transactions. Johnson & Johnson has announced plans to separate its Orthopaedics business as a standalone company operating as DePuy Synthes. The planned separation is anticipated to be completed within 18 to 24 months, subject to legal requirements, consultation processes, regulatory approvals, and other customary conditions. Following completion, the successful candidate is anticipated to become a DePuy Synthes employee, subject to its employment processes, programs, policies, and benefit plans. The position calls for a practical, business-oriented legal and tax advisor who can explain complex requirements to leaders and stakeholders with varying levels of subject-matter expertise, collaborate in a global, matrixed environment, and coordinate external counsel and other experts as needed.

Requirements

Juris Doctor degree from an accredited law school.
Active admission in good standing to at least one U.S. state bar or the District of Columbia bar.
At least 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 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, business-oriented advice.
Excellent written and verbal communication skills, including the ability to explain highly technical matters to stakeholders with varying levels of expertise.
Strong collaboration, project management, and relationship-building skills in a global, matrixed environment.

Nice To Haves

LL.M. in Taxation or comparable advanced training in employee benefits, executive compensation, or tax law.
Exposure to and general knowledge of laws in major non-U.S. jurisdictions concerning employee compensation and benefits, reporting and withholding, and employee location compliance.

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 for 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 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 transactions, and related governance matters.
Monitor legislative, regulatory, and judicial developments and translate requirements into practical guidance, risk assessments, and recommended actions for management.
Manage and coordinate advice from outside counsel and other external experts as needed.

Benefits

Company consolidated retirement plan (pension) and savings plan (401(k)), subject to plan terms.
Eligibility to participate in the long-term incentive program.
Vacation: 120 hours per calendar year, subject to policy and date of hire.
Sick time: 40 hours per calendar year, with specified higher amounts for employees residing in Colorado or Washington.
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, or foster care of a child.
Bereavement leave: 240 hours for an immediate family member and 40 hours for an extended family member per calendar year.
Caregiver leave: 80 hours in a 52-week rolling period.
Volunteer leave: 32 hours per calendar year.
Military spouse time-off: 80 hours per calendar year.