Senior Associate - Indirect Tax Operations

Posted:
11/12/2024, 4:00:00 PM

Location(s):
New York, United States ⋅ Memphis, Tennessee, United States ⋅ Tennessee, United States ⋅ New York, New York, United States

Experience Level(s):
Senior

Field(s):
Operations & Logistics ⋅ Sales & Account Management

Workplace Type:
Remote

Role Summary

Pfizer Global Tax serves a central role in the success of our business.  We mitigate risk and create value, enabling our business to achieve our critical mission of creating breakthroughs that change patients’ lives.  As part of Pfizer Global Tax, the International Tax planning and U.S. Tax planning teams are responsible for tax planning in all of Pfizer’s markets and play a lead role in coordinating with the functional pillars of Pfizer Global Tax that bring different areas of substantive expertise such as tax reporting, compliance, indirect tax, and transfer pricing.  The tax planning team identifies, develops, implements, and manages tax strategies to help minimize Pfizer’s overall tax cost and enhance value to internal customers and external stakeholders.  We advise on the U.S. and international tax aspects of Pfizer’s business, manage tax audits for the international and U.S. markets, partner with transfer pricing team to design and implement transfer pricing strategies and mitigate transfer pricing risks, assist tax reporting team on financial reporting related disclosures and calculations, assist tax compliance team on complex tax technical matters, and coordinate with indirect tax team on VAT and other indirect tax planning.

This position is responsible for US sales and use tax compliance preparation and web-filing, check payment processing, data compilation, consolidation and analysis, multistate Indirect Tax research, accrual reversals, GL account reconciliations and uploads, bank account reconciliations, GL journal entry creation and upload, SAP and Vertex system updates and maintenance, business license preparation and filing.

Role Responsabilities

  • Prepare, reconcile, and electronically file sales and use tax returns

  • Prepare and file business licenses renewals

  • Prepare exemption certificates and maintain inbox

  • Handle Notices

  • Maintain Indirect Tax Notice Tracker

  • Maintain Indirect Tax compliance calendar

  • Reconcile indirect tax accounts

  • Analyze use tax accruals

  • Analyze sales tax accruals

  • Perform nexus reviews, voluntary disclosures, and registrations

  • Create and maintain Indirect tax tables for tax calculation decision making:

          Procurement systems

          Financial systems

          SAP and Vertex

  • Liaise with functional groups within Tax

  • Initiate electronic check requests in payable system for Indirect Tax payments

  • Verbal and written interaction with various state agencies to resolve inquiries and notices

  • Partner with business divisions to understand operations and minimize budget impacts

Other skills and abilities

  • Excellent written and verbal communication regarding both tax and non-tax issues

  • Ability to work in a fast-paced deadline-oriented environment

  • Well organized and possess excellent communication skills

  • Comfortable in a high paced demanding environment and with handling and prioritizing multiple competing deadlines

  • Able to demonstrate project management, communication, business partnering and tax technical skills and embrace process and technology improvements and organizational change

Basic Qualifications - Must have

  • BA Degree with year's tax experience OR Master's Degree with one year of experience OR associate's degree with six years of relevant experience OR eight years of relevant experience with a High School diploma.

  • Big Four or other public accounting and/or large corporation experience

  • Excel and Access application knowledge

  • Vertex O Series knowledge

  • Knowledge and understanding of financial controls, including SOX 404

  • Knowledge of US GAAP and ASC 450

PREFERRED QUALIFICATIONS:

  • CPA

  • Big Four or other public accounting and/or large corporation experience

  • Working knowledge of multistate Indirect taxes, US GAAP and ASC 450 with some basic understanding of Federal and SALT income tax concepts

  • Ability to perform multi-state tax research

  • Project management skills

Other Job Details

Candidate demonstrates a breadth of diverse leadership experiences and capabilities including: the ability to influence and collaborate with peers, develop, and coach others, oversee and guide the work of other colleagues to achieve meaningful outcomes and create business impact.

Work Location Assignment: Must be able to work in assigned Pfizer office 2-3 days per week, or as needed by the business

This role is NOT remote

Last day apply: November 21st 2024

The annual base salary for this position ranges from $83,500.00 to $139,100.00. In addition, this position is eligible for participation in Pfizer’s Global Performance Plan with a bonus target of 10.0% of the base salary. We offer comprehensive and generous benefits and programs to help our colleagues lead healthy lives and to support each of life’s moments. Benefits offered include a 401(k) plan with Pfizer Matching Contributions and an additional Pfizer Retirement Savings Contribution, paid vacation, holiday and personal days, paid caregiver/parental and medical leave, and health benefits to include medical, prescription drug, dental and vision coverage. Learn more at Pfizer Candidate Site – U.S. Benefits | (uscandidates.mypfizerbenefits.com). Pfizer compensation structures and benefit packages are aligned based on the location of hire. The United States salary range provided does not apply to Tampa, FL or any location outside of the United States.

Relocation assistance may be available based on business needs and/or eligibility.

Sunshine Act

Pfizer reports payments and other transfers of value to health care providers as required by federal and state transparency laws and implementing regulations.  These laws and regulations require Pfizer to provide government agencies with information such as a health care provider’s name, address and the type of payments or other value received, generally for public disclosure.  Subject to further legal review and statutory or regulatory clarification, which Pfizer intends to pursue, reimbursement of recruiting expenses for licensed physicians may constitute a reportable transfer of value under the federal transparency law commonly known as the Sunshine Act.  Therefore, if you are a licensed physician who incurs recruiting expenses as a result of interviewing with Pfizer that we pay or reimburse, your name, address and the amount of payments made currently will be reported to the government.  If you have questions regarding this matter, please do not hesitate to contact your Talent Acquisition representative.

EEO & Employment Eligibility

Pfizer is committed to equal opportunity in the terms and conditions of employment for all employees and job applicants without regard to race, color, religion, sex, sexual orientation, age, gender identity or gender expression, national origin, disability or veteran status.  Pfizer also complies with all applicable national, state and local laws governing nondiscrimination in employment as well as work authorization and employment eligibility verification requirements of the Immigration and Nationality Act and IRCA.  Pfizer is an E-Verify employer.  This position requires permanent work authorization in the United States.

Finance & Accounting

#LI-PFE

Pfizer

Website: https://www.pfizer.com/

Headquarter Location: New York, New York, United States

Employee Count: 10001+

Year Founded: 1849

IPO Status: Public

Last Funding Type: Post-IPO Debt

Industries: Biotechnology ⋅ Health Care ⋅ Medical ⋅ Pharmaceutical ⋅ Precision Medicine