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Terumo Cardiovascular Group

Manager, Tax Indirect

Terumo Cardiovascular Group, Trenton, New Jersey, United States,


Terumo Medical Corporation (TMC) develops, manufactures, and markets a complete, solutions-based portfolio of high-quality medical devices used in a broad range of applications for numerous areas of the healthcare industry. TMC places a premium on providing customers with world-class products, training and education programs that drive clear economic value, better clinical outcomes and improved quality of life for patients. TMC is part of Tokyo-based Terumo Corporation; one of the world’s leading medical device manufacturers with $6+ billion in sales, 30,000+ employees worldwide and operations in more than 160 nations. Terumo Medical Corporation is comprised of two strategic business divisions: Terumo Interventional Systems and Terumo Medical Products.We believe that the future is bright for everyone at Terumo. We work with the future in mind to generate lasting change, create a bigger impact and produce greater outcomes for today, and for decades to come.At Terumo we believe in the power of personal growth and will encourage you to get in the driver's seat - progressing in the direction you want to go by deepening your skills throughout your career. We want you to be bold, think outside the box, experiment, innovate and deliver what's next for quality healthcare. You will be part of a collaborative, respectful and resilient team of associates and leaders around the world, working together as partners to achieve more than you thought possible, providing real-world, impactful solutions for patients.Join us and help shape wherever we go next!Advancing healthcare with heartThe Manager, Tax Indirect will collaborate closely with the Senior Indirect Tax Manager at Terumo Americas Holding (TAH) and its subsidiaries. This role is primarily responsible for overseeing and preparing indirect tax returns, including State and Local Sales and Use Tax (SUT) and Canadian HST/GST/PST. Additional responsibilities include supporting various indirect tax areas such as Abandoned Unclaimed Property (AUP), Business Registration and Licenses, Personal Property Tax (PPT), Real Property Tax (RPT), and Puerto Rico-specific taxes and declarations. The Manager will also provide audit assistance and support special projects as needed.Compliance Management:

Oversee and manage the preparation and review of indirect tax returns.Ensure timely monthly, quarterly, and annual compliance for TAH and its subsidiaries.Utilize OneSource compliance software, SAP reports, and Tax Engine for compliance tasks.Handle electronic filings and EDI processes for various jurisdictions.Post payments and reconcile tax liability accounts monthly in SAP.Address and resolve compliance notices promptly.Other Indirect Tax Responsibilities:

Property tax assistance.Unclaimed/Abandoned property.Business Licenses.Staff Training:

Train and support staff on indirect tax compliance procedures and systems.Process Improvement:

Review and assess existing compliance processes.Recommend and implement process improvements to enhance efficiency.Data Analysis:

Perform detailed data analysis using Excel and tax engine tools.Participate in and manage special projects as assigned.Exemption Certificate Management:

Oversee the management of exemption certificates and collaborate with staff on strategic planning.Documentation:

Develop and maintain comprehensive documentation of compliance processes, including month-end close, payment procedures, and reconciliation of tax liability accounts.Team Development:

Manage and mentor the indirect tax team, providing guidance and support to foster their growth and development.Utilize SAP S/4HANA (general ledger, accounts receivable, and accounts payable) and OneSource Tax Engine and Compliance.Demonstrate advanced skills in Excel for data analysis and reporting.Policy and Procedure:

Collaborate with internal audit to establish and document internal control procedures and recommend testing protocols.Knowledge, Skills and Abilities (KSA)

Proven ability to multitask efficiently in a fast-paced environment, prioritizing tasks effectively to meet deadlines and objectives.Capacity to work independently, taking ownership of tasks and projects to drive them to completion.Willingness and ability to work overtime when necessary to complete special projects, audits, and compliance activities, ensuring thoroughness and accuracy.Advanced skills in Microsoft Excel, Word, PowerPoint, and Outlook.Knowledge of SAP S4HANA, Ariba, and ERP Finance and Controlling processes, particularly in relation to taxation is preferred.Qualifications/Background Experiences

Bachelor’s in Finance/Accounting or related field and a minimum of 7 years of indirect tax compliance experience required, people manager preferred, or a combination of relevant experience, education and training.Strong preference for a mix of experience from Big 4 firms, large diversified corporate environments, and the medical products industry.Experience in Indirect Tax (IDT) to accurately identify tax exposures and implement procedures to minimize the company’s IDT burden in accordance with relevant laws and regulations required.Experience with OneSource IDT Global Tax Software is preferred.Experience with tax research software such as BNA and CCH is required.Experience in establishing relationships and working effectively in a matrix organization structure is critical to success in this role.

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