What are the responsibilities and job description for the Senior Indirect Tax position at Orthofix?
Why Orthofix?
Guided by our organizational values – Take Ownership | Innovate Boldly | Win Together – we collaborate closely with world-class surgeons and other partners to improve people’s quality of life. At Orthofix, we want team members who build relationships and share knowledge, challenge the status quo, and deliver results every day to help us achieve our vision to be the unrivaled partner in Med Tech.
Our global team of over 1,600 employees brings to market highly innovative, cost-effective, and user-friendly medical technologies that heal musculoskeletal pathologies for patients and the healthcare professionals who treat them. Looking to change people’s lives? Look no further.
How you'll make a difference?
The Senior, Indirect Tax will be responsible for assignments related to Indirect tax (sales & use, property). The Senior, Indirect Tax will participate in special projects including tax savings opportunities, as well as support efforts building and maintaining high quality, well documented, efficient processes.
What will be your Duties and Responsibilities?
Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
Sales Tax Responsibilities
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The duties listed above are intended only as representation of the essential functions of this position. The omission of specific statements of duties does not exclude them from the position if the work is similar, related, or a logical assignment to the position. The job description does not constitute an employment agreement between the employer and employee and is subject to change at the sole discretion of the employer. Nothing in this document alters an employee’s at-will employment status.
We are committed to providing equal employment opportunities to all employees and applicants without regard to race (including traits historically associated with race, such as hair texture and protective hairstyles, including braids, locks, and twists), ethnicity, religion, religious creed (including religious dress and grooming practices), color, caste, sex (including childbirth, breast feeding, and related medical conditions), gender, gender identity or expression, sexual orientation, national origin, ancestry, citizenship status, uniform service member and veteran status, marital status, pregnancy, age (40 and over), protected medical condition (including cancer and genetic conditions), genetic information, disability (mental and physical), reproductive health decision-making, medical leave or other types of protected leave (requesting or approved for leave under the Family and Medical Leave Act or the California Family Rights Act), domestic violence victim status, political affiliation, or any other protected status in accordance with all applicable federal, state, and local laws.
This policy extends to all aspects of our employment practices including, but not limited to, recruiting, hiring, discipline, termination, promotions, transfers, compensation, benefits, training, leaves of absence, and other terms and conditions of employment.
Guided by our organizational values – Take Ownership | Innovate Boldly | Win Together – we collaborate closely with world-class surgeons and other partners to improve people’s quality of life. At Orthofix, we want team members who build relationships and share knowledge, challenge the status quo, and deliver results every day to help us achieve our vision to be the unrivaled partner in Med Tech.
Our global team of over 1,600 employees brings to market highly innovative, cost-effective, and user-friendly medical technologies that heal musculoskeletal pathologies for patients and the healthcare professionals who treat them. Looking to change people’s lives? Look no further.
How you'll make a difference?
The Senior, Indirect Tax will be responsible for assignments related to Indirect tax (sales & use, property). The Senior, Indirect Tax will participate in special projects including tax savings opportunities, as well as support efforts building and maintaining high quality, well documented, efficient processes.
What will be your Duties and Responsibilities?
Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
Sales Tax Responsibilities
- Prepare data for and review outsourced preparation of monthly/quarterly/annual sales and use tax returns.
- Supervise administration of Vertex O series and ensure proper collection and reporting.
- Maintain taxability tables related to medical device products.
- Support Accounts Receivable team on set up of tax exemptions, resolution of disputed sales tax, and review sales tax write-offs for proper documentation and remittance.
- Support Accounts Payable on resolution of sales tax assessed on invoices.
- Ensure use taxes are accrued properly, including use of manufacturing exemptions as applicable, and analysis of monthly Vertex accruals for accuracy.
- Preparation of accruals and reconciliations for sales/use accruals and reserves, including preparation of journal entries.
- Participate in sales & use tax audits, including necessary data analysis and preparation of data for auditors.
- Preparation of data analytics on sales/use tax payments, accruals, and expense.
- Supervise outsourced preparation of annual property tax renditions and support valuation protests, including preparation/review of supporting data and review of renditions.
- Periodic review of locations and values of medical device property to identify new filing locations.
- Manage assessments and timely payment of property taxes in multiple jurisdictions.
- Preparation of accruals and reconciliations for property tax accruals and reserves, including preparation of journal entries.
- Preparation of data analytics on property tax payments, assessments, accruals, and expense.
- Coordinate with outside service providers to provide data and review monthly VAT returns in select non-US countries.
- Supervise and coordinate annual reporting requirements with CSC to ensure good standing.
- Assist with tax reporting for fixed assets, using CCH Fixed Asset software, and state property apportionment.
- Monitor legislative changes in tax laws that may impact company’s business and tax positions.
- Ensure all tax processes are SOX compliant and support periodic SOX testing process.
- Lead and support continuous improvement efforts in all working papers.
- Assist with the review, analysis, research, and resolutions of tax issues, including various tax notices.
- Bachelor's Degree in Accounting or Business Administration or equivalent experience.
- Minimum 3 years income direct and indirect tax compliance experience with the ability to work independently and perform analytics analyses.
- Experience with Vertex O series.
- Excellent Excel skills to perform necessary reconciliations, data analytics, and audit support.
- Strong project management skills.
- Masters Degree in Tax
- Experience with Vertex O series
- CPA license or CMI certification
- Experience with data tools such as Alteryx or Power BI
- Experience with Oracle and HFM / FCCS
- Experience with CCH or equivalent Fixed Asset system
- Experience with Tax Research tools such as BNA/Bloomberg
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Regularly required to sit for extended periods of time; frequently required to stand, walk, and use business equipment daily such as P.C., copier, fax, telephone, etc.; occasionally required to reach overhead, bend, and lift objects of up to 20 lbs.
- Eyesight and hearing must be correctable to standard level.
- Minimal travel required from 0-10%, therefore must be able to utilize airplane, taxi, and car.
The duties listed above are intended only as representation of the essential functions of this position. The omission of specific statements of duties does not exclude them from the position if the work is similar, related, or a logical assignment to the position. The job description does not constitute an employment agreement between the employer and employee and is subject to change at the sole discretion of the employer. Nothing in this document alters an employee’s at-will employment status.
We are committed to providing equal employment opportunities to all employees and applicants without regard to race (including traits historically associated with race, such as hair texture and protective hairstyles, including braids, locks, and twists), ethnicity, religion, religious creed (including religious dress and grooming practices), color, caste, sex (including childbirth, breast feeding, and related medical conditions), gender, gender identity or expression, sexual orientation, national origin, ancestry, citizenship status, uniform service member and veteran status, marital status, pregnancy, age (40 and over), protected medical condition (including cancer and genetic conditions), genetic information, disability (mental and physical), reproductive health decision-making, medical leave or other types of protected leave (requesting or approved for leave under the Family and Medical Leave Act or the California Family Rights Act), domestic violence victim status, political affiliation, or any other protected status in accordance with all applicable federal, state, and local laws.
This policy extends to all aspects of our employment practices including, but not limited to, recruiting, hiring, discipline, termination, promotions, transfers, compensation, benefits, training, leaves of absence, and other terms and conditions of employment.
