Boston Scientific

Senior Tax Analyst, Tax Forecasting & Analysis

Boston Scientific • $89K — $169K *
Marlborough, MA 01752In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • BS in Accounting or Finance; MSA/MST and/or CPA preferred
  • 4+ years of work experience in a multinational tax department or public accounting
  • Strong analytical, problem-solving, and communication skills
  • Demonstrated proficiency in U.S. federal tax matters, including foreign tax credits and GILTI
  • Knowledge of ASC 740 principles and GAAP
  • Familiarity with transfer pricing concepts and supply chain issues
  • Advanced Excel skills with experience in financial modeling and large data sets

Responsibilities

  • Organize and execute processes to forecast global effective tax rate (ETR) and cash tax projections
  • Maintain up-to-date models for ETR and cash tax accuracy
  • Perform variance analysis to enhance forecasting accuracy
  • Analyze model results to assess impact on ETR and cash tax projections
  • Collaborate to model potential tax law changes and planning scenarios
  • Work with global finance on business changes and their tax impacts
  • Design and maintain flexible models for scenario planning and decision making

Benefits

  • Access to comprehensive employee benefits
  • Opportunities for continuous learning and development
  • Collaborative work environment
  • Involvement in strategic decision-making processes
  • Use of technology-based solutions and tools for efficiency
Full Job Description
Additional Location(s): N/A

About the role:

Boston Scientific seeks a high performing individual to organize and execute the company's process to forecast the global tax position of Boston Scientific. Qualified candidates must bring an understanding of US and global tax laws and income tax accounting concepts to the role and will develop knowledge of the Boston Scientific organizational structure and supply chain in the role. This person will build relationships across the finance organization to keep informed of business changes, opportunities, and initiatives to determine their impact to the company's global tax position. Additionally, the Senior Analyst will assess the tax impact of strategic alternatives on the company's position, by creating and analyzing multiple planning scenarios and making recommendations for tax efficient alternatives.

Key Responsibilities Include:
  • Organization and execution of workstreams that support the process to forecast the company's world-wide effective tax rate (ETR) and global cash tax projections for our annual operating plan, three-year strategic plan, and quarterly forecasts in accordance with ASC 740.
  • Stay aware of the changing global tax laws affecting the company; Maintain models to ensure existing ETR and cash models are complete and accurate.
  • Perform variance analysis by comparing forecasts to prior projects and actual results; Identify key drivers, determine root causes and recommend solutions to continuously improve forecasting accuracy.
  • Analyze all model results to understand and validate the impact on the company's ETR and global cash tax projections; clearly communicate the results, key insights, and recommendations to stakeholders (tax and nontax) ;
  • Partner across the broader tax organization to model potential changes in tax laws and corporate structure, accounting methods and elections, as well as complex tax planning scenarios.
  • Collaborate across our global finance organization with peers in Accounting, Treasury, and FP&A to stay aware of proposed changes to the business (e.g. corporate initiatives, expansions, acquisitions, restructurings, and divestitures) and assess their impact on the company's ETR and global cash tax projections.
  • Design and maintain flexible, scalable models to support scenario planning and decision making; Implement technology-based solutions and data visualization tools such as Alteryx, and Tableau.
  • Drive continuous improvement by evaluating existing processes and models to increase efficiency; Propose and implement solutions to reduce cycle time.

Required Qualifications
  • BS in Accounting or Finance; MSA/MST and/or CPA preferred
  • 4+ yrs of work experience in a multinational, corporate tax department and/or a public accounting firm
  • Strong analytical, problem solving, and communication skills with the ability to operate effectively in a dynamic, deadline driven environment
  • Demonstrated proficiency in U.S. federal tax matters including knowledge of tax concepts related to foreign tax credits, GILTI, FDII and OECD Pillar Two
  • Knowledge of ASC 740 principles and US Generally Accepted Accounting Principles
  • Familiarity with transfer pricing concepts and supply chain issues
  • Advanced Excel skills and experience with large data sets and financial modeling
  • Experience with data visualization and automation tools, with interest in leveraging AI tools to drive efficiencies


Requisition ID: 633000

Minimum Salary: $89200

Maximum Salary: $169500

The anticipated compensation listed above and the value of core and optional employee benefits offered by Boston Scientific (BSC) - see www.bscbenefitsconnect.com-will vary based on actual location of the position and other pertinent factors considered in determining actual compensation for the role. Compensation will be commensurate with demonstrable level of experience and training, pertinent education including licensure and certifications, among other relevant business or organizational needs. At BSC, it is not typical for an individual to be hired near the bottom or top of the anticipated salary range listed above.

Compensation for non-exempt (hourly), non-sales roles may also include variable compensation from time to time (e.g., any overtime and shift differential) and annual bonus target (subject to plan eligibility and other requirements).

Compensation for exempt, non-sales roles may also include variable compensation, i.e., annual bonus target and long-term incentives (subject to plan eligibility and other requirements).

For MA positions: It is unlawful to require or administer a lie detector test for employment. Violators are subject to criminal penalties and civil liability.

About Boston Scientific

BTG offers program solutions for small business programs, management workforce development, emerging business growth strategies, training development and delivery strategies, and business planning services.

Boston Scientific Careers

Joining Boston Scientific means becoming part of a global team dedicated to advancing science for life. With a focus on medical solutions that improve the health of patients around the world, Boston Scientific offers unparalleled job opportunities in the healthcare industry. Work You’ll Do At Boston Scientific, your work contributes directly to transforming lives through innovative medical solutions. As a member of our team, you will collaborate with skilled professionals to drive growth and innovation in healthcare. Our commitment to leadership in the industry makes Boston Scientific a place where careers flourish and professional development is taken seriously. Boston Scientific Leadership and Development Programs We are committed to nurturing a culture of growth and leadership. Boston Scientific’s development programs are designed to foster professional skills, leadership qualities, and a deep understanding of the medical devices industry. Whether you’re just starting out with an internship or you’re a seasoned professional, our programs help you achieve your career ambitions. Innovative Work Join a team where innovation is at the heart of everything we do. Boston Scientific is a leader in developing cutting-edge technologies and solutions that address unmet patient needs. By focusing on innovation, we maintain our leadership in the medical field and ensure continuous growth and improvement. Be Part of a Diverse and Inclusive Team At Boston Scientific, we believe that diversity fuels innovation. Our commitment to diversity and inclusion is evident in our hiring practices and the dynamic team culture we cultivate. Employees from various backgrounds bring unique perspectives that lead to better solutions and a more inclusive workplace. Benefits and Opportunities Boston Scientific is dedicated to providing employees with competitive benefits and a supportive environment that values health and well-being. Our benefits package includes comprehensive health coverage, retirement plans, and employee wellness programs, all designed to support your life both inside and outside of work. Explore Career Opportunities Whether you’re looking for an internship, a full-time position, or a leadership role, Boston Scientific offers a range of career paths. Explore job opportunities that match your skills and interests on our Careers page. We are always looking for curious, creative, and driven individuals to join our team. Stay Connected Keep up to date with the latest at Boston Scientific by following our Careers Blog. Gain insights from our team, learn about our culture, and get tips on everything from crafting your resume to acing your interview. Networking and Professional Growth Enhance your career through networking opportunities within Boston Scientific. Connect with leaders, gain industry insights, and build relationships that will help propel your career forward. Our professional environment encourages networking and collaboration, which are key to personal and professional growth. Join Our Team Search open positions at Boston Scientific that align with your skills and interests. We are looking for passionate, innovative, and solution-driven team players ready to make a difference. Start your journey with us today and be part of a company that’s dedicated to transforming lives through science. SEARCH BOSTON SCIENTIFIC JOBS Job Alert Emails Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Boston Scientific.
Learn more about Boston Scientific
Size
41,000 employees
Market Cap
$66.3 billion
Industry
Healthcare
Net Income
-$82 million
Founded
1979
5 Year Trend
+7.2%
Revenue
$9.9 billion
NASDAQ
BSX
* Ladders Estimates

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