Manager, Tax Planning

Deerfield, IL
Market-competitive pay and benefits
20 Feb 2024
14 Mar 2024
JR - 127107
Contract type
Full time
Experience level

Vantive: A New Company Built On Our Legacy

Baxter is on a journey to spin off our ~$5B Kidney Care segment into an independent, publicly traded company. Vantive* will build on our nearly 70-year legacy in acute therapies and home and in-center dialysis to provide best-in-class care to the people we serve. We believe Vantive will not only build our leadership in the kidney care space, it will also offer meaningful work to those who join us. 

At Vantive, you will become part of a community of people who are focused, courageous and don’t settle for the mediocre. Each of us are driven to help improve patients’ lives worldwide. Join us as we revolutionize kidney care and other vital organ support.

*Completion of the proposed spin-off of Kidney Care from Baxter into a standalone company (to be named Vantive) remains subject to the satisfaction of customary conditions.

Your Role at Baxter:

This position will take a supporting role on various domestic and cross-border tax planning strategies, M&A transactions, and analyzing tax legislative developments in and outside the US.  This role will be reporting directly into Director, Global Tax Planning, and will also have input into the US IRS audit as it relates to tax planning strategies previously implemented.  Also, it will interact with the company’s Treasury Department on tax issues related to international finance.

What You’ll Be Doing:

  • Research into various international and domestic tax planning issues including, operational and transactional tax planning, global cash repatriation, intercompany financing, treaty analysis, and other international and domestic planning opportunities as they develop.
  • Coordinate with Director, Tax Planning, and other US and regional tax leaders on transactions with international implications.
  • With guidance from Director, Tax Planning, identify, evaluate, implement, and document international and domestic tax planning strategies to minimize the global effective tax rate and minimize cash taxes, including modeling the financial impact of tax planning strategies to the company’s overall effective tax rate.
  • Coordinate the development and assist with the implementation of cross border tax planning strategies with local tax and non-tax personnel.
  • Assist with M&A transactions, including due diligence, transaction structure, tax-efficient financing, and contractual review.
  • Provide input on IRS audit matters that relate to tax planning strategies previously implemented.
  • Analyze proposed US and foreign legislation to determine the impact on the Company’s global tax position.
  • Interact with the Tax Operations group on a quarterly basis to analyze the non-US projected and actual effective tax rate, and to analyze the tax accounting implications of a tax planning strategy, including drafting internal tax memorandum to support financial statement positions.
  • Close interaction with non-tax personnel, including treasury, finance, operations, and legal.

What You'll Bring:

  • Bachelor’s degree in Accounting, Business, Economics, Finance or related field
  • CPA certification strongly preferred;  MST and/or JD is a plus.
  • 5 plus years of corporate tax planning background with extensive experience in US international outbound issues.
  • Strategic planning background and experience dealing with tax accounting implications of transactional tax projects.
  • Track record of working close with various groups within a corporate structure including treasury, finance, operations, legal, etc.
  • Track record of problem-solving, strategic/creative thinking and outstanding business communication skills.
  • Technical skills with foreign tax credit provisions, Subpart F, GILTI, FDII, BEAT, CAMT, E&P analysis, basis calculations.
  • Technical understanding of the OECD Pillar 2 regime and latest regulations and guidance.

Baxter is committed to supporting the needs for flexibility in the workplace. We do so through our flexible workplace policy which includes a minimum of 3 days a week onsite. This policy provides the benefits of connecting and collaborating in-person in support of our Mission.

We understand compensation is an important factor as you consider the next step in your career. At Baxter, we are committed to equitable pay for all employees, and we strive to be more transparent with our pay practices. The estimated base salary for this position is $104,000 to $143,000 annually. The estimated range is meant to reflect an anticipated salary range for the position. We may pay more or less than of the anticipated range based upon market data and other factors, all of which are subject to change. Individual pay is based on upon location, skills and expertise, experience, and other relevant factors. This position may also be eligible for discretionary bonuses. For questions about this, our pay philosophy, and available benefits, please speak to the recruiter if you decide to apply and are selected for an interview.

The successful candidate for this job may be required to verify that he or she has been vaccinated against COVID-19, subject to reasonable accommodations for individuals with medical conditions or religious beliefs that prevent vaccination, and in accordance with applicable law.

For further information, and to apply, please visit our website via the “Apply” button below.

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