What are the responsibilities and job description for the Associate Director, Tax Compliance position at RxSight, Inc.?
Description :
Candidates should take the time to read all the elements of this job advert carefully Please make your application promptly.
RxSight® is an ophthalmic medical technology corporation headquartered in Aliso Viejo, California that has commercialized the world’s first and only adjustable intraocular lens (IOL) that is customized after cataract surgery. The company’s mission is to revolutionize the premium cataract surgery experience by allowing surgeons to partner with their patients to achieve optimized results for every unique eye.
OVERVIEW :
The Associate Director, Tax Compliance will be responsible for managing and coordinating the company’s tax function, with internal and external resources, ensuring compliance with all federal, state, and local tax regulations. This role requires a detail-oriented individual with strong analytical skills and a comprehensive understanding of tax laws and regulations. The successful candidate will work closely with internal teams and external stakeholders to optimize the company’s tax position, minimize tax liabilities and ensure tax reporting is complete, accurate and filed on time.
Requirements :
ESSENTIAL DUTIES AND RESPONSIBILITIES :
Sales & Use Tax Reporting Compliance :
Oversee U.S. multi-state sales and use tax compliance process to ensure tax is accurately collected or accrued and tax return filing / payment deadlines are met
Understand product taxability, tax resale / exemption certificate and license rules by jurisdiction and provide tax guidance and training to internal stakeholders including operations and accounting teams. Partner with 3rd party delivery partner (Avalara) and update rules in the tax engine to ensure tax is accurately collected.
Reconcile or review reconciliation of transactions between Avalara and the GL for sales and sales tax. Ensure adjustments are recorded if needed.
Ensure annual state and local filings are made by the partner, CT corporation, complete or ensure completion of annual filings where the Company is required to submit
Provide guidance and support to internal stakeholders on indirect tax matters.
Manage sales & use tax-related inquiries and audits from taxing jurisdictions.
Monitor changes in tax legislation and assess the impact on the company.
Ensure compliance with state and local sales and use tax regulations.
Tax Reporting and Accounting :
Manage with external partners the quarter-end and year-end tax accounting and reporting process in compliance with ASC 740. Review tax provision work papers, analyze data related to book / tax differences, complete account analysis and reconciliations, roll-forward schedules, journal entries and other schedules. Ensure DTA schedules are complete and accurate.
Execute processes in line with required quarterly and annual SOX controls; interface with internal and external auditors as requested.
Conduct regular reviews and analyses of tax accounts and transactions.
Prepare / review workpapers for preparation of U.S. federal and state income tax and franchise tax returns by external tax accounting firm. Review prepared returns and coordinate filing with CFO.
File annual Delaware franchise tax return and manage quarterly payments.
Monitor changes in U.S. accounting standards and U.S. and foreign tax laws to ensure income tax impact is properly considered.
Payroll Tax Reporting and Compliance :
Ensure the payroll service provider prepares, files and pays all payroll taxes. Ensure that all state / local jurisdictions are properly set up in the payroll system.
Coordinate and manage payroll tax audits.
Ensure compliance with federal, state, and local payroll tax regulations.
Monitor and implement changes in payroll tax laws and regulations.
Other Tax Reporting and Compliance :
Review informational tax reporting (1099, 1042, W2, 3921, 3922) to ensure accuracy, completeness and timely filing
Review property tax returns and ensure accurate and timely filing. Prepare / coordinate CA or other property tax audit schedules as required by governmental agencies.
Oversee International (indirect) compliance and review monthly / quarterly returns for Germany and other European locales as required.
Oversee and ensure VAT and other international filings are correct and made in a timely manner; oversee international accounting firm compliance
Other duties as assigned.
REQUIRED KNOWLEDGE, SKILLS AND ABILITIES :
Strong computer skills; MS Office, Excel, Word, tax research software and internet proficiency is required.
Extensive knowledge of federal, state, local, and international tax laws and U.S. sales and use tax regulations.
Experience in public manufacturing companies or public accounting preferred
Strong analytical skills and attention to detail, with the ability to interpret complex data and draw meaningful conclusions.
Ability to work in a fast-paced environment and manage well through constant changes.
Flexibility and adaptability – the ability to deal with changing internal and external environments.
Excellent communication skills, both verbal and written, with the ability to work collaboratively cross-functional teams including internal and external stakeholders.
Requires minimal supervision.
EDUCATION, EXPERIENCE, and TRAINING :
BA / BS Degree in Accounting, Tax and / or Finance / CPA
Master’s degree in Tax highly preferred
8 years of relevant experience required
Strong work ethic, self-motivated, willing to "Roll-up their sleeves" in order to drive and deliver results and improve processes.
Demonstrated ability to adhere to budget, timelines and critical deadlines; and take ownership and accountability.
Detail oriented; strong organizational and project management skills, including follow-up and follow-through skills.
Strong analytical skills with shown ability to strategize solutions and solve problems.
Support our company mission and values of Teamwork, Respect, Customer Focused and Sense of Urgency.
Training to be completed per the training plan for this position as maintained in the document control system.
Eligibility to work in the U.S. without sponsorship preferred.
COMPUTER SKILLS :
ERP experience required, ERP in a manufacturing environment a plus.
MS Office (Excel, Word, Powerpoint, Outlook).
