Head of Tax Accounting and Income Tax Compliance

Job Description SummaryThis critical position is a key member of GE Healthcare’s global tax team responsible for all aspects of the global tax reporting under U.S. GAAP ASC 740.

Job Description

Responsibilities include:

• Serve as a subject matter expert on accounting for income taxes (ASC 740) and ensure complete and accurate tax reporting within the quarterly and annual financial statements;
• Oversee the US tax compliance process, ensuring complete and accurate tax filings and computations;
• Drive operational excellence and continuously improving the tax controllership and operations environment;
• Confirming quarterly SOX 404 internal control procedures for tax accounting and tax compliance;
• Ensuring tax positions taken are thoroughly and contemporaneously documented;
• Manage communications with Controllership, FP&A, tax consultants, and external auditors on emerging tax accounting issues;
• Partner closely with tax and non-tax teams to ensure that they understand the impacts of tax accounting on their business tax objectives;
• Participate in tax planning initiatives to evaluate and respond to US and international tax reform;
• Work with FP&A to forecast quarterly and annual effective tax rates and cash tax outflows;
• Lead the tax quarterly close and consolidation processes including tax provision, information requests, disclosures, and documentation;
• Review the foreign tax provision and resolve income tax accounting issues with foreign tax and accounting professionals;
• Monitor all global deferred tax assets for realization and support positions taken with respect to valuation allowances against those assets; and
• Maintain tax basis of assets/liabilities and the related quarterly tax account reconciliation to income tax accounts on the balance sheet.

Education/Skills/Experience:

• Accounting degree and CPA
• Masters in Taxation/Accounting preferred
• Minimum 10 years of tax experience with a large multinational company and/or Big 4 accounting firm with a focus on tax accounting and reporting
• Proficiency in US GAAP tax accounting (ASC 740) and Sarbanes Oxley 404 concepts and processes for large, multi-national companies required
• Strong people leader with a commitment to developing team members, promoting a collaborative work environment
• Ability to develop, implement, and sustain "Best Practice" processes to ensure maximum efficiency and accuracy
• Knowledge of US federal tax laws, rules and regulations, various state and local tax laws, rules and regulations;
• Experience in handling the tax accounting consequences of mergers, acquisitions, separation, and divestiture transactions.
• OneSource Tax Provision software experience preferred
• Hyperion or similar software experience preferred; and
  Proficient in Microsoft Office (e.g., Excel, Word, PowerPoint).

Leadership and Personal Characteristics

• Aptitude to think and act quickly within a dynamic tax and business environment
• Detail-oriented, organized, and able to prioritize multiple projects, tasks, and strict deadlines
• Capable of taking ownership and accountability for a project from start to finish
• Sound technical and practical judgment, permitting ability to work with a high degree of autonomy
• Strong management, analytical, interpersonal, oral and written communication skills including the ability to interpret and document complex technical information in a manner which is clearly understood by non-tax personnel, internal process owners, and external advisors
• Willingness to learn quickly and consistently to both achieve excellent results and to grow their own capabilities
• Proactively manage both internal and external resources;
  Possess both deep technical knowledge and experience in management and design of the provision process
• Strong work ethic combined with the ability to consistently maintain high service, quality, efficiency, and ethical standards
• Ability to thrive in an environment where coordination and teamwork is a priority

While GE HealthCare does not currently require U.S. employees to be vaccinated against COVID-19, some GE HealthCare customers have vaccination mandates that may apply to certain GE HealthCare employees.