Senior Tax Ops Specialist is to oversee and manage all aspects of tax operations within an organization. They are responsible for ensuring accurate and timely tax compliance, optimizing the organization's tax position, and minimizing tax-related risks. The Senior Tax Ops Specialist collaborates with various internal stakeholders to develop tax planning strategies and provides guidance on the tax implications of business activities and transactions. They also play a crucial role in supporting tax audits and maintaining a strong network with tax and finance organizations.
Major Accountabilities (Describe the 5-7 main results of the role to be achieved
)
The Senior Tax Ops Specialist is a key role responsible for various tax-related tasks. Their primary responsibilities include tax return preparation, tax compliance, tax planning and strategy, tax audit support, tax risk assessment and mitigation, and tax accounting and reportin
- g.
Tax Return Preparation: The Senior Tax Ops Specialist is responsible for preparing and/or reviewing tax returns, including corporate, withholding and indirect tax returns. They ensure the accuracy and completeness of all tax filings, minimizing the risk of errors or omissio - ns.Tax Compliance: They ensure compliance with all relevant tax laws and regulations. This includes staying up-to-date with changes in tax regulations and implementing necessary adjustments to ensure ongoing complian
- ce.Tax Planning and Strategy: The Senior Ops Tax Specialist collaborates with internal stakeholders, such as various FRA teams, commercial and legal teams, to develop tax planning strategies that optimize the organization's tax position while remaining compliant with tax laws. They provide guidance on tax implications for various business activities and transactio
- ns.Audit Support: In the event of a tax audit, the Senior Ops Tax Specialist provides support and guidance, ensuring all required documentation and information are readily available. They work closely with auditors and external consultants to address inquiries and resolve any tax-related issu
- es.Risk Assessment and Mitigation: The Senior Ops Tax Specialist assesses potential tax risks and develops strategies to mitigate them. They conduct regular internal analysis and reviews to identify areas of improvement and implement controls to minimize tax-related ris
- ks.Tax Accounting and Reporting: The Senior Tax Ops Specialist is responsible for preparing and/or reviewing the income tax and deferred tax provisions, tax reporting forms, balance sheet reconciliations of relevant tax accounts, and other tax submissions as required by the global management reporting team. They ensure the accuracy, completeness, and timeliness of all tax accounting and reporting requiremen
ts.
People Asp
ect:
In addition to the core responsibilities, the Senior Tax Ops Specialist is expected to demonstrate certain people-oriented skills and behaviors. These inc
- lude:Actively supporting the NOCC KL’s working style, which is inclusive, proactive, respectful, and results-driven in alignment with Novartis Values and Behav
- iors.Building a network with Tax Operations organization, Country and Group Tax and local FRA t
- eams.Maintaining and strengthening knowledge on local and international tax
- laws.Role modeling a working style that is proactive, respectful, and results-driven with a strong customer service f
- ocus.Networking and engaging with key stakeholders to facilitate integration, efficiency, and effectiveness of the service deli
very.
Key Performance Indicators (Indicate how performance for this role will be mea
- sured)
All tax filings are submitted o - n time;All tax payments are requested and approved well in advance of the payment due date and in line with FRA Ops po
- licies;Tax refund applications are submitted within the required timelines and regular follow-up takes
- place;All tax filings / returns are reviewed in a timely fashion for ac
- curacy;Good relationships maintained with internal and external parties (e.g. tax author
- ities);No control
- issues;Satisfactory audit ratin
- gs; andCustomer satisfaction of service delivery and process specific KPIs in accordance with agre
ed SLAs