VP, Tax Operations

Herbalife•Torrance, CA

11d

About The Position

The Vice President, Tax Operations assumes overall responsibility for the Company’s tax operations, including U.S. federal and state income tax returns, income tax provision calculations for Securities and Exchange Commission filings, income tax forecasts, U.S. federal and state income tax controversy, member tax matters, indirect taxes, and special projects. The role works closely with advisors to obtain counsel and concurrence on proposed tax positions and leads a global team with direct reports. The VP leads U.S. tax planning to improve tax-rate efficiency and minimize cash tax payments, supports international tax planning, and communicates tax impacts on earnings per share to senior management. The position oversees quarterly and annual income tax provision processes and related SEC reporting, prepares tax provision presentations for senior management and the board, supports external stakeholder communications, and works with financial statement auditors during quarter- and year-end closes. The role also maintains Sarbanes-Oxley controls; partners with Controller, Treasury, and Financial Planning and Analysis; directs U.S. federal and state income tax compliance and controversy; manages foreign entity tax compliance; oversees worldwide member tax reporting; and manages indirect tax matters, including domestic sales and property tax compliance and controversy. Additional duties may be assigned.

Requirements

15+ years of multinational corporate tax experience in tax accounting, tax compliance, and tax planning in both Big Four and multinational corporate settings.
Experience managing senior tax professionals.
ASC 740 tax reporting experience.
Proven ability to work effectively on cross-functional team projects.
Knowledge of U.S. GAAP, IFRS, and differences between local statutory reporting and U.S. GAAP.
Multinational tax experience.
Ability to lead projects to completion.
SEC reporting skills.
Customer commitment and results orientation.
Ability to lead, mentor, and build a team.
Quick-learning ability and capacity to manage projects.
Interest in continuous development.
Proficiency with Microsoft Office, including strong Excel skills.
Strong written and verbal communication skills.
Advanced project management skills.

Nice To Haves

Experience with reporting companies.
Experience managing outside counsel.
Experience working with auditors.
Master’s degree in Taxation.
Strong proficiency in Oracle, OneStream, and OneSource US.

Responsibilities

Communicate tax impacts on earnings per share to senior management.
Lead U.S. tax planning to improve tax-rate efficiency and minimize cash tax payments.
Support international tax planning, including country-specific and overall strategic planning.
Lead external stakeholder communications, including quarterly close presentations for the board, investor relations inquiries, and distributor-related communications.
Oversee consolidated quarterly and annual income tax provision processes for SEC reporting, including effective tax rate calculations, balance sheet amounts, and documentation of tax positions.
Prepare and deliver income tax provision presentations to senior management and the board of directors.
Work with the Company’s financial statement auditors during quarter- and year-end close processes and foster relationships with external auditors.
Maintain and perform Company controls in compliance with Sarbanes-Oxley.
Partner with Controller, Treasury, and Financial Planning and Analysis on tax accounting and compliance matters.
Direct U.S. federal and state income tax compliance and oversee related tax controversy.
Manage foreign entity income tax compliance and ensure consistent deliverables across countries and regions.
Ensure foreign tax return preparers support positions taken in returns for tax contingency analyses and integration of foreign tax compliance and accounting processes.
Create and administer strategies for audits with domestic revenue agencies.
Oversee worldwide member tax matters and reporting, including Forms 1099, 1042S, and FACTA.
Manage indirect tax matters, including domestic sales tax and property tax compliance and controversy.
Lead and manage a global team, including direct reports.
Perform additional duties as assigned.

Benefits

Group health programs, including medical, dental, vision, health savings account, flexible spending accounts, basic life and AD&D, short- and long-term disability, and an employee assistance program.
401(k) plan.
Wellness Incentive Program.
Employee Stock Purchase Plan.
Supplemental life, critical illness, hospitalization, and accident insurance.
Pet insurance.
Paid time off, including U.S. company-observed holidays, floating holidays, vacation, and sick time.
Volunteer Program.
Paid maternity and paternity leave.
Bereavement leave, personal leave, and time off for voting.