Head - Taxation

The Tax Manager ensures current & deferred taxes are properly booked following US GAAP standards and that the financial statements are in compliance with FAS 109 and FIN 48.The Tax Manager will partner with FP&A and Controllership during each forecasting cycle (GPB, SII,OP) to ensure all potential tax consequences are thoroughly vetted and accurately reflected.Develop policies for new accounting standards for a large/complex country/region or Business Segment. The role reports to CF0 of HC India

Essential Responsibilities Key responsibilities/essential functions include:

- Plan and budget the resources necessary to complete all activities on-time and in accordance with authoritative guidance.

- Own quarterly income tax provisions for legal entities within remit, including reconciliation and monitoring of their tax balances.

- Monitoring of three target goals of (1) cash, (2) operating margin and (3) net income.

- Review & lead the preparation of annual US Federal and Foreign Information or Regional Income tax returns.

- Work with Internal & External Audit teams to Manage / Respond to requests from on-going audits.

- Coordinate quarterly global income tax provision data for internal reporting.

- Participate in the preparation of [GE Healthcare’s portion] of the local income tax return.

- Provide quantitative analysis of tax attributes for planning opportunities & compliance requirements.

- Ensuring data gathering and reporting of regional income tax return information.

- Ensure global legal entity database maintained with up to date data for remit.

- Gather and maintain necessary legal documents which support tax transactions.

- Participate in all finance planning processes to ensure tax impacts are accurately reflected

- Monitor & Drive GE and GEHC corporate initiatives, simplification projects and integration projects. Provide leadership on these projects.

- Develop & Drive consistent and effective policies and procedures for new accounting standards.

- Research and advise on complex tax issues.

- Support finance, commercial, operations leaders/teams to understand tax implications of transactions and other matters by providing GE expertise and technical tax guidance.

- Work closely with financial and operational leadership to pro-actively assess and manage financial risk.

Quality Specific Goals:

1. Aware of and comply with the GEHC Quality Manual, Quality Management System, Quality Management Policy, Quality Goals, and applicable laws and regulations as they apply to this job type/position

2. Complete all planned Quality & Compliance training within the defined deadlines

3. Identify and report any quality or compliance concerns and take immediate corrective action as required

Qualifications/Requirements - Bachelor’s degree in Accounting or Finance or other business related field and six years progressive accounting experience, with at least four years in tax-specific responsibilities; OR high school diploma/GED and a minimum of eight progressive accounting or finance experience

- Experience in preparing corporate income tax returns

- Experience working in a global business environment with sound understanding of global process and transactional flows

- Understanding of GE operating mechanisms & financial management practices

- Excellent verbal and written communication skills and the ability to communicate complex business issues in a clear/concise manner

- Adaptable/flexible: being open to change (positive or negative) in response to new information, different or unexpected circumstances, and/or to work in ambiguous situations

- Integrity: Accepting and adhering to high moral, ethical, and personal values in decisions, communications, actions, and when dealing with others

- Confidence / Assertiveness: strong influencing skills across business functions

- Team oriented, self-starter

- Clear thinking / problem solving: successfully participate in projects/process improvement within tax/finance function involving process improvement; able to quickly grasp new ideas

- Excellent verbal and written communication skills: experience working across multiple levels, functions and regions; able to clearly communicate tax information in a clear /concise manner.

- Solid PC skills: experience with financial systems/applications (i.e.: Oracle, SAP, COGNOS, Business Objects, etc.), strong Excel skills in data compilation and aggregation, for example, pivot tables, V-lookup & Macros.

Contact - monika.bisla@neweraindia.com