Tax Manager - Omnicare
About The Position
The Tax Manager will manage and review corporate tax returns and ensure compliance with tax laws, regulations, and reporting requirements. The role analyzes financial data, conducts tax research, identifies tax-saving opportunities, and provides strategic tax planning advice to optimize the organization's tax position. Tax responsibilities include sales and use tax, personal property tax, and entity-level state and federal taxes. The position supports Omnicare, a provider of pharmacy services to long-term care facilities. Following Omnicare's sale by CVS Health, the successful candidate will be employed by Omnicare and support its continued operations as an independent organization. The role includes directing outsourced tax partners, collaborating with finance and accounting teams, managing tax matters related to audits and transactions, and reviewing opportunities to bring currently outsourced functions in-house.
Requirements
- At least 5 years of corporate tax experience.
- Experience managing a national footprint for sales and use tax, gross receipts, and property tax returns.
- Experience supporting and managing tax calculations for audits and corporate tax filings for a large entity.
- Experience managing the tax components of an external audit.
- Bachelor's degree or equivalent experience.
Nice To Haves
- Chartered Tax Professional (CTP).
Responsibilities
- Develop and deliver tax strategies to optimize the company's tax position and minimize tax liabilities, including identifying planning opportunities, evaluating the tax consequences of business decisions, and making recommendations to management.
- Ensure compliance with applicable tax laws, regulations, and reporting requirements.
- Direct outsourced partners in preparing and filing corporate income, sales, and property tax returns, working with finance and accounting teams to gather financial data and ensure accurate, timely reporting.
- Review audit requests, provide necessary documentation, and work with external tax advisors or legal counsel as needed.
- Conduct tax research, interpret tax laws and regulations, and stay informed about industry-specific tax developments.
- Assess tax implications of new business initiatives, mergers and acquisitions, and other significant transactions.
- Collaborate with internal and external stakeholders to gather financial information needed for tax filings.
- Implement and monitor internal controls for compliance with tax policies and procedures, assess tax-related risks, and recommend mitigation measures.
- Review opportunities to insource functions currently performed by external partners and build a team as applicable.
- Provide guidance and training to employees or departments on tax-related processes and policies.
Benefits
- Medical coverage
- Dental coverage
- Vision coverage
- Paid time off
- Retirement savings options
- Wellness programs
- Other resources, based on eligibility
- Eligible for a CVS Health bonus, commission, or short-term incentive program
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What This Job Offers
Job Type
Full-time
Career Level
Manager
