Bachelor's degree in Accounting, Finance, Taxation, or related field.
CPA, MST, Master of Accounting, JD, or relevant advanced credential.
12+ years of corporate tax experience with ASC 740 and domestic tax provision responsibility.
Reviewer-level experience with consolidated U.S. federal and multistate income tax compliance.
Strong knowledge of U.S. federal, state, and local tax law, including tax controversy.
Experience overseeing U.S. sales and use tax compliance and audits.
Experience leading or supporting ERP implementation or finance transformation.
Strong understanding of SOX, tax controls, tax technology, and data governance.
Responsibilities
Lead U.S. federal and state components of quarterly and annual income tax provision under ASC 740.
Oversee current and deferred tax expense, tax account reconciliations, and provision-to-return adjustments.
Own deferred tax calculations for various tax credits and temporary differences.
Lead domestic valuation allowance and uncertain tax position analyses.
Support income tax disclosures and external audit requests.
Own the consolidated U.S. federal income tax return and related governance.
Lead state and local income and franchise tax compliance and maintain compliance calendar.
Identify and implement U.S. tax planning opportunities aligned with company strategy.
Advise on U.S. tax treatment of R&D, clinical trials, and product launches.
Lead U.S. federal and state tax examinations and coordinate with the Vice President, Tax.
Benefits
Flexible work location in Cambridge, MA or Miami, FL.
Opportunity to lead significant tax initiatives and ERP implementation.
Engagement in a growing tax team within a dynamic company.
Exposure to diverse tax planning and compliance challenges.
Collaboration with senior leadership on strategic tax matters.
Full Job Description
Summary of Position:
We are looking for an experienced Domestic Tax professional to join our growing tax team. The Director, Domestic Tax will report to the Vice President, Tax and can be based in our Cambridge, MA or Miami, FL office. In this role, you will lead Scholar Rock's U.S. federal, state, and local direct tax accounting, compliance, planning, and controversy activities, as well as U.S. sales and use tax and other domestic indirect taxes. The role owns the domestic components of the quarterly and annual income tax provision, the consolidated U.S. federal income tax return, multistate compliance, domestic audit defense, and U.S. tax planning. The Director, Domestic Tax also serves as the overall Tax workstream lead for the ERP implementation and related finance transformation initiatives.
Position Responsibilities
U.S. Tax Provision and Financial Reporting
Lead the U.S. federal and state components of the quarterly and annual income tax provision under ASC 740.
Oversee current and deferred tax expense, domestic tax balance sheet accounts, effective tax rate items, tax account reconciliations, return-to-provision calculations, and provision-to-return adjustments.
Own deferred tax calculations for net operating losses, research expenditures under Section 174, R&D and orphan drug credits, Section 163(j), fixed assets, stock-based compensation, clinical and compensation accruals, and other domestic temporary differences.
Lead domestic valuation allowance and uncertain tax position analyses and maintain complete, audit-ready support.
Support income tax disclosures, external audit requests, and management reporting related to domestic tax matters.
U.S. Federal and State Compliance
Own the consolidated U.S. federal income tax return, including workpapers, elections, disclosures, estimates, extensions, payments, and filing governance.
Incorporate U.S. international calculations and information returns as prepared by advisors or other members of the Tax team.
Lead state and local income and franchise tax compliance, including combined, consolidated, unitary, and separate-company filings.
Review nexus, apportionment, state modifications, filing methodologies, tax attributes, credits, incentives, and payment requirements.
Maintain the domestic compliance calendar, data collection process, review standards, and oversight of external and co-sourced providers.
U.S. Tax Planning and Business Advisory
Identify and implement U.S. federal and state tax planning opportunities aligned with the Company's strategy and risk profile.
Advise on the U.S. tax treatment of R&D, clinical trials, research credits, Section 174 capitalization, stock-based compensation, executive compensation, manufacturing incentives, product launches, and commercial operations.
Analyze licensing, collaboration, milestone, royalty, co-development, product acquisition, and commercialization arrangements from a domestic tax perspective.
Monitor U.S. federal and state legislative developments, assess financial and operational impacts, and lead implementation.
Prepare technical memoranda supporting material domestic tax positions and transactions.
Audits and Controversy
Lead U.S. federal and state income and franchise tax examinations, notices, information requests, protests, appeals, settlement negotiations, and litigation support.
Coordinate with the Vice President, Tax on examinations involving transfer pricing or U.S. international tax matters.
Ensure examination outcomes are reflected in the provision, returns, forecasts, controls, and process improvements.
U.S. Sales and Use Tax and Other Domestic Indirect Taxes
Candidate Qualification
Bachelor's degree in Accounting, Finance or Taxation, or a related field.
CPA, MST, Master of Accounting, JD, or another relevant advanced credential.
12+ years of corporate tax experience with significant ASC 740 and domestic tax provision responsibility.
Reviewer-level experience with consolidated U.S. federal and multistate income tax compliance.
Strong knowledge of U.S. federal, state, and local tax law, including tax controversy.
Experience overseeing U.S. sales and use tax compliance and audits.
Experience leading or materially supporting an ERP implementation or major finance transformation.
Strong understanding of SOX, tax controls, tax technology, and data governance.
Strong project management, analytical, technical writing, and executive communication skills.
Preferred Qualifications
Combination of public accounting and in-house corporate tax experience.
Public company and multinational biotechnology, pharmaceutical, medical device, or life sciences experience.
Experience with R&D credits, Section 174, Section 163(j), stock-based compensation, state incentives, licensing, product launches, and domestic M&A.
Experience with SAP, ONESOURCE, Corptax, Vertex, Avalara, Alteryx, or comparable tools.
$200,000 - $260,000 a year
About Scholar Rock Holding Corporation
Scholar Rock Holding Corporation is a clinical-stage biopharmaceutical company that focuses on the discovery and development of innovative medicines for the treatment of serious diseases in which signaling by protein growth factors plays a fundamental role. The company's proprietary platform technology is based on the use of growth factor-binding proteins to selectively inhibit the activation of these signaling pathways in a variety of tissues. Scholar Rock's lead product candidate, SRK-015, is a highly specific inhibitor of the activation of the growth factor myostatin, which is involved in the regulation of muscle mass. The company is headquartered in Cambridge, Massachusetts and was founded in 2012.
