Associate Tax Director
Morristown, New Jersey
Today Lonza is a global leader in life sciences. We are more than 15,000 employees in more than 100 locations around the world. While we work in science, there’s no magic formula to how we do it. Our greatest scientific solution is talented people working together, devising ideas that help businesses to help people. In exchange, we let our people own their careers. Their ideas, big and small, genuinely improve the world. And that’s the kind of work we want to be part of.
The Associate Tax Director will manage - in close alignment with the Regional Head of Tax Americas - the tax accounting and tax compliance processes for Lonza US entities (timely preparation and filing of all federal, state and local tax returns, quarterly and YE tax provision process, management of tax audits, tax support to Lonza businesses).
In this role, the Associate Tax Director will work with the Lonza US tax team/staff, by managing and coordinating the necessary activities, and will be directly involved (“hands-on”) in the preparation/review/analysis needed to successfully execute the tax accounting and tax compliance processes.
- Coordinate the timely preparation and review of all federal, state, local tax returns for Lonza US Group US (including the US tax compliance of the non-US legal entities owned via Lonza US group) to ensure timely filing and compliance with applicable laws and regulations. Manage the process of the return preparation by Lonza US tax team/staff. Collect, analyze, and format financial information, work with Lonza US finance and accounting departments to gather information needed to complete all required tax forms/reports. Manage tax compliance team/staff to assist in the collection of data and ensure that the information is properly reviewed to minimize errors. Set deadlines with tax compliance team/staff for the completion of projects so that sufficient time is available to review information in detail prior to filing with tax authorities.
- Manage the tax provision process (hard close and year end) and ensuring the results are correct. Meet with internal auditors to discuss scope of audit, provide information to auditors, answer questions and ensure accurate information is reported on the Financial Statements.
- Manage quarterly tax reporting by coordinating with GTC (Global Tax Center - where Lonza consolidates global tax data) to ensure accurate current and deferred taxes are recorded.
- Maintain tax software to be used to prepare all federal and state tax returns for Lonza US entities.
- Maintain a tax depreciation software database to be used in order to correctly calculate the Federal and State Depreciation adjustments.
- Preparation and review of estimated tax payments calculations to minimize excess tax payments and liaising with Lonza US Treasury department to pre-inform on the payments amount expected and to be executed.
- Investigate and implement tax optimization opportunities, including income exclusions and tax credits, to be pre-discussed and aligned with the Regional Head of Tax Americas. Ensure that best practices are employed to efficiently gather, use, document, and maintain the related supporting documentation in line with the applicable law and regulations.
- Maintain professional and technical knowledge by attending educational workshops or classes; reviewing professional publications; establishing personal networks, and participating in professional societies.
- Manage the various tax notices and exams in such a manner that the position is knowledgeable enough of the laws/requirements so that the position can answer IRS and or state authority’s questions and concerns.
- Assist in the effective and efficient tax transition and consolidation of newly acquired Lonza’s entities under the Lonza US tax umbrella.
- Manage, under the lead of (and in close alignment with) the Regional Head of Tax Americas, federal, state & local tax audits from various US jurisdictions, negotiate with tax authorities and defend the positions taken by Lonza by maintaining complete and accurate files. Make sure that sufficient information is gathered and maintained during the tax returns process to support amounts that might be questioned in the future under audit.
- Responsible for FATCA Compliance and maintaining W-8BENE forms and W-9 forms for all units within and out of the US.
- Maintain and review tax accounts to determine validity of amounts represented on financials.
- In close alignment with the Regional Head of Tax Americas, manage tax compliance team/staff and recommend and encourage training seminars to help them improve their tax knowledge and develop their careers. Provide feedback to staff on projects completed.
- Align with Regional Head of Tax to ensure that Lonza’s global and US tax strategies and optimization of Lonza’s tax position are implemented and correctly reflected in the US tax returns and provisions.
- Frequently liaise with Regional Head of Tax Americas to discuss Lonza’s US tax position in general, and with respect to specific items identified as (materially) influencing Lonza’s US tax position. Timely inform Regional Head of Tax Americas about tax audits announced, and keep Regional Head of Tax Americas informed about progress and status of tax audits, discussing general approach, what information will be provided, negotiation positions, and the response to proposed adjustments.
- Bachelor’s degree in Accounting required; Master’s degree in Taxation preferred
- Time and process management and flexibility required
- CPA preferred
- Highly experienced in US corporate tax accounting and US corporation tax compliance as well as an integral knowledge of deferred taxes with IFRS, GAAP and Tax basis differentials.
- Ability to minimize costs of external advisors by managing the staff appropriately
- Effectively manages overlapping and competing projects and deadlines.
- Challenges others to work more efficiently when the business environment requires it.
- Demonstrates timely and accurate decision making, ensuring delegation or escalation where appropriate.
- Contributes to others’ success by offering support, providing feedback, and sharing knowledge.
- Maintains effective and sustainable customer relations.
- Leads multiple complex initiatives simultaneously to successful conclusion
- Demonstrates high integrity and accountability for his / her area ensuring team(s) actions and decisions are aligned to business objectives.
People come to Lonza for the challenge and creativity of solving complex problems and developing new ideas in life sciences. In return, we offer the satisfaction that comes with improving lives all around the world. The satisfaction that comes with making a meaningful difference.
Lonza is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a qualified individual with disability, protected veteran status, or any other characteristic protected by law.