Tax Strategy / Legal Entity Structuring Specialist

Posted:
8/19/2024, 5:00:00 PM

Location(s):
Minnesota, United States

Experience Level(s):
Mid Level ⋅ Senior

Field(s):
Business & Strategy ⋅ Legal & Compliance

Workplace Type:
Hybrid

Job Description:

Job Title
Tax Strategy / Legal Entity Structuring Specialist

Collaborate with Innovative 3Mers Around the World

Choosing where to start and grow your career has a major impact on your professional and personal life, so it’s equally important you know that the company that you choose to work at, and its leaders, will support and guide you. With a diversity of people, global locations, technologies and products, 3M is a place where you can collaborate with other curious, creative 3Mers.

This position provides an opportunity to transition from other private, public, government or military experience to a 3M career.

The Impact You’ll Make in this Role
Tax Strategy Manager/Legal Entity Restructuring Tax Manager - You will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world.

You will work closely with the Tax Strategy leader to support the tax strategy of the company, including:

  • Collaborate cross functionally with other non-Tax Legal Entity Restructuring Leaders (e.g., Controllership, Legal, external counsel, business operations, and others) and work together to:
    • Develop and implement legal entity restructuring strategies and plans in alignment with the company's overall objectives.
    • Work with jurisdictional specific Tax counterparts to make sure tax analysis is performed for relevant jurisdictions/legal entities being rationalized.
    • Conduct thorough analysis of the existing legal structure, identifying opportunities for improvement and efficiency.
    • Monitor and track progress of legal entity restructuring initiatives, ensuring timely completion and adherence to project timelines.
    • Assess and mitigate potential risks and challenges associated with legal entity restructuring, providing proactive solutions and recommendations.
    • Stay updated on relevant legal and regulatory changes that may impact the restructuring process and adjust strategies accordingly.
    • Provide guidance and support to internal stakeholders, including senior management, on legal entity restructuring matters.
    • Collaborate with internal and external auditors to ensure compliance with tax reporting requirements.
  • Support and lead projects that may include: M&A; structuring and integration activities; analyzing emerging tax laws, legislation and rulings as they apply to 3M and its business groups and quantifying their impact to the company; support related to evolving tax laws such as GILTI, FDII and other complex tax compliance items; and participating on a cross-functional team focused on legal entity optimization

Your Skills and Expertise

To set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications:

  • Bachelor’s degree or higher with a major in accounting, finance, economics, or Tax from an accredited institution
  • Five (5) years of US income tax experience that can be from an accounting firm practice, law firm, industry practice, national tax practice or a combination thereof in a private, public, government or military environment.
  • Two (2) years of M&A due diligence and structuring experience

Additional qualifications that could help you succeed even further in this role include:

  • You should have strong analytical and problem-solving skills and a willingness to adapt to changing business environments.
  • The ideal candidate will be a highly reliable self-starter with excellent verbal and written communication skills, be detail oriented, and have the flexibility and ability to work on time-sensitive issues under strict deadlines.
  • Exhibited sense of urgency to drive effective change.
  • Strong knowledge and experience in use of tools such as MS-Excel, MS-Powerpoint and MS-Teams to create and share analytics which facilitate decision-making.

Work Location

  • Work Your Way Eligible (Employee’s choice to work remote, on site or hybrid)

Travel: May include up to 20% domestic/international travel

Relocation Assistance: Is not authorized.

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status)

Supporting Your Well-being 

3M offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, 3M regularly benchmarks with other companies that are comparable in size and scope. 

Chat with Max

For assistance with searching through our current job openings or for more information about all things 3M, visit Max, our virtual recruiting assistant on 3M.com/careers. 

Applicable to US Applicants Only:The expected compensation range for this position is $119,076 - $145,537, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate’s relevant knowledge, training, skills, work location, and/or experience. In addition, this position may be eligible for a range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits, etc.). Additional information is available at: https://www.3m.com/3M/en_US/careers-us/working-at-3m/benefits/.

Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Twitter @3M.

Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.

Our approach to flexibility is called Work Your Way, which puts employees first and drives well-being in ways that enable 3M’s business and performance goals. You have flexibility in where and when work gets done. It all depends on where and when you can do your best work.

Pay & Benefits Overview: https://www.3m.com/3M/en_US/careers-us/working-at-3m/benefits/

3M is an equal opportunity employer.  3M  will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.

Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

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