Sr. Manager, Tax Planning

Johnson & Johnson Innovative Medicine•West Chester, PA

5d•$122,000 - $245,000•Hybrid

About The Position

Johnson & Johnson is seeking a Sr. Manager, Tax Planning to join the DPS Global Tax Group. This role will be responsible for developing and implementing tax strategies, managing key tax projects and processes, supporting the DPS ETR (Effective Tax Rate), assisting with business development projects, and resolving tax issues related to the Global Joints business and EMEA and ASPAC DPS business. The position requires close collaboration with various internal teams, including Supply Chain Finance, Global Transfer Pricing and Disputes, Global Tax Operations, and Regional/Country Finance and Business Leaders. The successful candidate must be a self-directed individual with strong independent judgment, excellent communication, business partnering, and people management skills, capable of operating effectively in a complex environment.

Requirements

BS/BA preferably in Law, Finance or accounting
Minimum of 8 years corporate tax experience required
Strong communication and business partnering skills required
Strong knowledge of US GAAP and Local GAAP, including (tax) accounting
Strong analytical abilities and Excel skills (data, fact patterns, external tax/ legal frameworks) required
Knowledge of (operational) transfer pricing required
Experience with overall business value chain, international tax planning models and operational models required

Nice To Haves

Experience in the MedTech Sector preferred
Knowledge of J&J Tax and Accounting policies, procedures and requirements preferred

Responsibilities

Implement and help develop tax planning strategy and tax control framework for Joints globally and EMEA & ASPAC DPS, including IP planning, product sourcing, and substance/business model.
Collaborate with various business partners, including Tax Counsel Group, on license, acquisition, and divestiture transactions to advise on strategy and implementation.
Advise on tax matters for Supply Chain initiated projects.
Collaborate and advise Supply Chain and Supply Chain Finance on sourcing strategies for new and existing products, including sustaining existing tax positions and preparing for controversy.
Collaborate closely with Global Transfer Pricing and Disputes on appropriate transfer pricing strategy for DPS, including governance, analysis, monitoring, defense, and documentation (including §6662 process management).
Deliver audit-ready DPS Subcon documentation and sub-F monitoring.
Provide tax audit support in EMEA & ASPAC.
Manage the DPS wide ETR for business forecasts, quarterly results, and long-range financial plan, including driving process improvements for accurate tax rate forecasting.
Manage all effective tax rate implications for assigned projects, including risk assessment, reserves, and related decisions for resolution.
Manage all tax reporting obligations and FIN 48 reserve analysis.
Ensure all inter-company agreements are drafted and in place.
Advise on Global Mobility Issues for the EMEA & ASPAC region.
Responsible for DAC6 reporting for the DPS sector for in-scope transactions.
Monitor Pillar 2 impact for DPS and support planning initiatives in those areas.
Advise on ERP Design and Data Structure for supported businesses.

Benefits

Vacation –120 hours per calendar year
Sick time - 40 hours per calendar year (with variations for Colorado and Washington residents)
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 period
Volunteer Leave – 32 hours per calendar year
Military Spouse Time-Off – 80 hours per calendar year
Consolidated retirement plan (pension)
Savings plan (401(k))