Principal Tax Analyst. Tax Forecasting & Analysis

Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance

At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we’ll help you in advancing your skills and career. Here, you’ll be supported in progressing – whatever your ambitions.  

About the role:
Boston Scientific seeks a high performing individual to organize and lead 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 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 Principal 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:

• Plan and lead the execution of significant workstreams that support the overall process to forecast the company’s world-wide effective tax rate and global cash tax projections for annual plan, three-year strategic plan, and quarterly calculations utilized for interim accounting per ASC 740-270 and management and external reporting purposes.
• Maintain knowledge and awareness of US and global tax laws affecting the company to ensure existing rate and cash models are complete and accurate; Monitor the tax environment for any law changes; Initiate and direct projects to model the impacts of potential changes on the company.
• Collaborate with colleagues across our 35+ person tax organization to develop models that quantify the impacts of potential changes in tax structure, accounting methods, tax elections, and complex tax planning scenarios; Synthesize results and communicate the impact on the company’s effective tax rate and cash tax projections to management.
• Build relationships across the broader finance organization with peers in Accounting, Treasury, and FP&A teams to stay aware of and understand proposed changes to the business such as corporate initiatives, expansions, acquisitions, restructurings, and divestitures, and their impact on the company’s effective tax rate and cash tax projections.
• Create, analyze, and interpret flexible, scalable models for planning scenarios.  Implement technology-based solutions with data visualization tools such as Alteryx, and Tableau. 
• Evaluate existing models using continuous improvement methodologies to increase efficiency and propose solutions to reduce cycle time.
• Compare and analyze forecast models to prior versions and actual results, using Hyperion, Onesource Tax Provision, and other data, at periodic increments during the year. Highlight key drivers that impact results and create variances; determine root causes and propose solutions to improve forecasting accuracy. 
• Participate in the development and mentoring of staff and work to foster an inclusive team environment.

 
Qualifications:

• BS in Accounting or Finance; MSA/MST and/or CPA preferred
• 6+ yrs of work experience in the tax department of a U.S. multinational and/or public accounting
• Ability to operate effectively as a team member in a dynamic, deadline driven environment
• Demonstrated proficiency in U.S. federal tax matters including knowledge of international tax concepts such as foreign tax credit limitations, GILTI, and FDII preferred
• Knowledge of ASC 740 principles and US Generally Accepted Accounting Principles (GAAP) 
• Understanding of supply chain issues and transfer pricing concepts a plus, but willing to train
• Experience and/or interest in continuous improvement methodologies and concepts a plus
• Advanced Microsoft Office 365 skills, including Excel functions, exposure to other technology preferred

#LI-Hybrid

Requisition ID: 565470

As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most – united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do – as a global business and as a global corporate citizen.

So, choosing a career with Boston Scientific (NYSE: BSX) isn’t just business, it’s personal. And if you’re a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!

At Boston Scientific, we recognize that nurturing a diverse and inclusive workplace helps us be more innovative and it is important in our work of advancing science for life and improving patient health. That is why we stand for inclusion, equality, and opportunity for all. By embracing the richness of our unique backgrounds and perspectives, we create a better, more rewarding place for our employees to work and reflect the patients, customers, and communities we serve. Boston Scientific is proud to be an equal opportunity and affirmative action employer.

Boston Scientific maintains a drug-free workplace. Pursuant to Va. Code § 2.2-4312 (2000), Boston Scientific is providing notification that the unlawful manufacture, sale, distribution, dispensation, possession, or use of a controlled substance or marijuana is prohibited in the workplace and that violations will result in disciplinary action up to and including termination.

Please be advised that certain US based positions, including without limitation field sales and service positions that call on hospitals and/or health care centers, require acceptable proof of COVID-19 vaccination status.  Candidates will be notified during the interview and selection process if the role(s) for which they have applied require proof of vaccination as a condition of employment.  Boston Scientific continues to evaluate its policies and protocols regarding the COVID-19 vaccine and will comply with all applicable state and federal law and healthcare credentialing requirements.   As employees of the Company, you will be expected to meet the ongoing requirements for your roles, including any new requirements, should the Company’s policies or protocols change with regard to COVID-19 vaccination.