Tax Manager - Compensation and Benefits

Title: Tax Manager - Compensation & Benefits

Location: Silver Spring, MD,  United States

time type

Full time

job requisition id

R04505

Job Description:

The job details are as follows:

Who We Are

We are the first publicly-traded biotech or pharmaceutical company to take the form of a public benefit corporation. Our public benefit purpose is to provide a brighter future for patients through the development of novel pharmaceutical therapies; and technologies that expand the availability of transplantable organs.

United Therapeutics (Nasdaq: UTHR) seeks to travel down the corridors of indifference to develop treatments for rare, deadly diseases. We were founded in 1996 by a family seeking a cure for their daughter's pulmonary arterial hypertension (PAH). Today, we have six FDA-approved therapies that treat PAH, pulmonary hypertension associated with interstitial lung disease (PH-ILD) and neuroblastoma, a rare pediatric cancer. Our near-term pipeline seeks to develop additional therapies for PAH and pulmonary fibrosis (PF).

The cure for end-stage life-threatening diseases like PAH, PH-ILD, PF, and many others is an organ transplant, but only a small percentage of donated organs are available to address the vast need. For this reason, we are working to create manufactured organs to address the shortage of kidneys, hearts, lungs, and livers available for transplant. We believe an unlimited supply of tolerable, transplantable organs will eliminate the transplant waiting list and cure end-stage organ diseases for which transplant is not currently an option.

Who You Are

You're an expert in managing the tax implications associated with complex executive compensation packages and equity awards. You're looking to collaborate cross-functionally with a variety of internal teams and are looking to make this new created role 'your own'. The Tax Manager, Compensation & Benefits will be a key strategic partner to Human Resources, Legal, Finance, and Payroll, responsible for supporting all aspects of tax compliance, reporting, and planning related to the company's employee compensation and benefits programs, including executive compensation arrangements. This role requires technical expertise in equity compensation, deferred compensation, and payroll and benefit plan taxation, as well as strong analytical skills and the ability to communicate complex tax issues to key stakeholders.

• Manage the Company's tax compliance related to multi-jurisdictional sourcing and reporting of employee compensation and benefits, including equity compensation
• Collaborate with the Payroll team to ensure accurate reporting and compliance for complex executive compensation arrangements, including equity compensation, deferred compensation, and other specialized programs
• Assist with the preparation of executive compensation disclosures for the annual proxy statement
• Advise internal stakeholders on the tax considerations related to employee mobility, remote work, relocations, and short and long-term assignments, ensuring compliance with multi-jurisdictional requirements
• Support the preparation and review of fringe benefit reporting and annual compensation reconciliation processes
• Manage the Company's compliance with non-U.S. equity compensation annual reporting requirements
• Monitor federal, state, and international tax law developments and analyze their impact on current and proposed compensation and benefits programs
• Research and document the tax implications of the company's compensation and benefits programs to support compliance and strategic decision-making
• Conduct ad hoc analyses and prepared models to evaluate the financial and tax implications of proposed scenarios
• Identify and implement process improvements for compensation and benefits tax compliance, applying best practices and leveraging technology to enhance accuracy and efficiency in reporting
• Serve as a tax resource and collaborate with key stakeholders, including Human Resources, Legal, Finance, Payroll, and external advisors, to ensure alignment and compliance across compensation and benefits programs
• Prepare clear communications and presentations outlining tax considerations and recommendations for compensation and benefits programs, providing insights to tax, finance, and business leadership
• Develop direct and indirect reports and team members through training, performance management, coaching, mentoring, and career development
• Perform other duties, as assigned

For this role you will need

Minimum Requirements

• Bachelor's Degree accounting or related field
• 8+ years of related experience in the field, including in employee compensation and benefits taxation with a Bachelor's degree OR 6+ years of related experience in the field, including in employee compensation and benefits taxation with a Master's degree, CPA, or Juris Doctorate
• 5+ years of experience in a large, multi-national corporation and/or a 'Big 4' or regional accounting firm
• Experience in researching and documenting complex tax issues, with the ability to analyze and interpret tax laws, regulations, technical guidance, and other authoritative sources
• Advanced analytical and problem-solving skills for evaluating tax impacts and modeling scenarios
• Excellent communication and presentation skills for conveying tax considerations to stakeholders and leadership
• Highly motivated individual with the ability to work both independently and collaboratively
• Ability to identify process improvement opportunities and implement best practices
• Ability to manage sensitive information with discretion and an absolute and unwavering commitment to maintaining the confidentiality of all matters and information
• Ability to manage multiple priorities in a fast-paced environment while maintaining accuracy and compliance
• Proficient in Microsoft Office applications, including Excel, Word, and PowerPoint

Preferred Qualifications

• Master's Degree in accounting, taxation, or related field OR Juris Doctorate (JD)
• 2+ years of experience as a people manager
• Certified Public Accountant (CPA)
• Understanding of U.S. federal and state tax laws related to employee compensation and benefits
• Strong knowledge of executive compensation structures, including equity awards, deferred compensation, and fringe benefits
• Familiarity with payroll tax compliance and reporting requirements
• Knowledge of SEC proxy disclosure requirements for executive compensation
• Familiarity using tax research software platforms

Job Location

This role is located at our office in Silver Spring, MD, and requires at least three days in the office.

The salary range for this position is $127,000- $165,000 and reflects our good-faith estimate of the compensation for this role at the time of posting. An employee's position within the salary range will be based on factors such as education, qualifications, experience, skills, geographic location, and business needs, as well as other factors permitted by law at the time of posting. This range may be modified in the future based on company and market factors.

At United Therapeutics, our mission and vision are one. We use our enthusiasm, creativity, and persistence to innovate for the unmet medical needs of our patients and to benefit our other stakeholders. We are bold and unconventional. We have fun, we do good.

Eligible employees may participate in the Company's comprehensive benefits suite of programs, including medical / dental / vision / prescription coverage, employee wellness resources, savings plans (401k and ESPP), paid time off & paid parental leave benefits, disability benefits, and more.