What are the responsibilities and job description for the Tax Director position at Vetcor Corporate - Norwell?
Who we are
About VetcorEstablished in 1997, Vetcor is a leading network of over 900 veterinary practices in 44 states and Canada. Our organization is a private equity-owned veterinary services provider generating approximately $2B in revenue. We have set ourselves apart from the competition by leading with heart and acquiring practices in a respectful way. When practices become part of Vetcor, as a partnership for tax purposes, we maintain a focus on optimizing our operations in the veterinary industry while adhering to the highest standards of regulatory compliance and financial stewardship.
Position SummaryWe are excited to introduce a newly created Tax Director role within our organization. This pivotal position is being added as we continue to scale and enhance our operations across North America. The successful candidate will be responsible for overseeing all tax-related activities, ensuring compliance with federal, state, and local tax regulations, and optimizing the company's tax position. The Tax Director will also play a key role in shaping the tax strategy as we grow, especially within the unique partnership structure of our veterinary services business. This role will work closely with our outsourced tax team and senior management, helping to guide tax strategies in a dynamic environment.
Key Responsibilities:
- Tax Compliance:Oversee the timely and accurate filing of all federal, state, and local tax returns, including partnership and flow-through entity filings, K1 reporting, and other related obligations.
- Tax Planning:Design and implement effective tax strategies to minimize liabilities and optimize the company’s tax position, particularly in the context of our flow-through partnership structure, which is integral to the success of our veterinary practices.
- Tax Reporting:Lead the preparation of tax provisions and disclosures in financial statements according to GAAP, ensuring all reporting aligns with veterinary industry standards.
- M&A Support:Provide tax due diligence and structuring advice for mergers, acquisitions, and strategic transactions, particularly as they pertain to veterinary clinics, hospitals, and related assets.
- Risk Management:Identify and mitigate tax risks, ensuring strong internal controls and compliance with all regulations governing our operations in the veterinary sector.
- Advisory Services:Act as the primary tax advisor to senior management, offering insights on tax implications for critical business decisions, including those related to the expansion of veterinary services and clinic acquisitions.
- Audit Management:Manage relationships with external auditors and tax authorities, including handling audits and inquiries, ensuring our practices remain compliant with industry-specific tax laws.
- Partnership with Vendor Partners:Lead the tax function, fostering strong relationships with external tax partners, and ensuring continuous improvement in the tax processes as we continue to expand within the veterinary space.
- Stakeholder Communication:Communicate tax strategies and developments to private equity sponsors, stakeholders, and key management, including how tax decisions impact the overall business strategy within the veterinary services sector.
Qualifications:
- Education:Bachelor’s degree in Accounting, Finance, or a related field; Master’s in Taxation or CPA is preferred.
- Experience:8-10 years of experience in tax roles, with significant exposure to partnership taxation and private equity environments, ideally in the healthcare or veterinary services sector.
- Expertise:Extensive knowledge of federal, state, and local tax laws and regulations, with particular expertise in partnership structures and flow-through entities. Understanding of tax compliance and reporting requirements in the veterinary industry is a plus.
- Skills:Strong analytical and problem-solving abilities. Demonstrated leadership capabilities, particularly in team development and fostering a high-performance culture.
- Communication:Excellent communication and interpersonal skills, with the ability to translate complex tax information into actionable insights for stakeholders.
- Industry Experience:Experience in the veterinary or healthcare industries is highly preferred, given the unique tax considerations in these sectors.