Vice President of Tax

Date Posted: January 17th, 2023

There is 1 opening for this job profile.

Internal Only, In-line Promotion. Note: In the case of in-line promotions where there is an expansion of responsibilities for the incumbent in the role, which would result in the incumbent being displaced if another person were to take that position, we will not interview for the role.

What We’re Looking For:

The Vice President (VP) of Tax will offer dedicated tax support to all divisions within 2U, Inc. and will be responsible for leading and managing 2U’s worldwide tax reporting and compliance activities, continuous tax process improvement, planning, and special projects.  The VP of Tax will work directly with c-suite level executives, including the President and Chief Executive Officer and Chief Financial Officer, and various cross functional teams, both domestically and internationally to ensure adequacy of global tax compliance procedures, understand tax issues as they arise, and assess implications to the Company and its entities.   The VP of Tax will manage the tax department and oversee all tax matters through coordination with Company’s representatives and advisors. We’re seeking a hands-on/high energy contributor; a strong project manager, highly detail oriented, adept at delivering results, and have demonstrated success in delivering exceptional customer service.

Responsibilities Include, But Are Not Limited To:

• Manage the planning and organizing of all worldwide tax initiatives, including but not limited to tax compliance, tax planning and implementation of tax and business organization strategies for federal, international and state and local tax filings
• Manage all aspects of the Company’s worldwide ASC 740 income tax provision process, accounting and related financial statement disclosures; explain and discuss these items with senior management and the independent auditors
• Regularly meet and advise senior manager regarding tax benefits and risks and relationships between operational decisions and activities
• Establish and maintain formal tax policies, practices and procedures to ensure US GAAP compliance and strong internal controls
• Lead the assessment and direction of tax planning associated with M&A activity, organizational structure and / or other company strategic initiatives such as new products or growth in new markets
• Provide oversight and consultation into the design of critical tax accounting processes and technology improvement related to financial statement reporting
• Forecast and analyze quarterly and annual effective tax rates
• Manage and lead discussions with external business partners and tax advisors, as well as federal, state, local and foreign governmental agencies
• Proactively monitor pending legislation, assessing potential impact and advising senior / executive management on potential implications
• Prepare and collaborate with Finance and Accounting to ensure completeness and accuracy of income tax disclosures and help establish and ensure appropriate controls over accounting for income taxes
• Provide guidance on proposed and enacted tax legislation, keeping abreast of tax law changes in the US and foreign jurisdictions to manage risk and identify potential planning opportunities
• Review and provide oversight of domestic and international tax filings for both income and indirect taxes
• Investigate and resolve inquiries from taxing authorities as necessary

Things That Should Be In Your Background:

• Bachelor’s degree in Accounting or Finance required
• Certified Public Accountant, preferred
• 15 to 20 years of U.S. and international tax experience, with both public accounting firm and private industry experience
• Strong understanding and working knowledge of U.S. corporate tax and international tax laws
• Significant international tax, transfer pricing and legal entity structuring experience
• Track record of success in leading, managing, coaching, and developing high performance teams
• Outstanding project and program management skills
• Experience in working with all levels of management, staff, consultants, attorneys and taxing authorities
• Strong conceptual and analytical problem-solving skills
• Strong knowledge in public reporting preferred
• Strong knowledge of Microsoft Excel and related analytical tools

Other Attributes That Will Help You In This Role:

• Excellent interpersonal, written, and verbal communication skills, with the ability to interact positively with all areas of the business
• Proven ability to exhibit strong organization and prioritization skills and ability to move projects forward in a fast-paced, entrepreneurial environment
• Enthusiasm and the ability to thrive in an atmosphere of constant change
• Confident issue-identification skills and the demonstrated ability to develop effective solution proposals
• Strong collaboration and team building skills

Benefits & Culture

Our global employee base is a diverse collection of innovators, dreamers, and doers working together to transform lives through higher education. We believe that every employee can advance our shared purpose, and that life at 2U should be fun and meaningful. If you’re excited by the opportunity to provide over 40 million learners and counting with access to world-class online higher education, then join us – and do work that makes a difference. #NoBackRow

We offer comprehensive benefits (unique per country) and excellent work/life balance.
Full-time, U.S.benefits include: 

• Medical, dental, and vision coverage
• Life insurance, disability, and 401(k) employer match
• Employee stock purchase plan
• Free snacks and drinks in-office
• Generous paid holidays and leave policies, including unlimited PTO
• Additional time off benefits include: volunteer days, parental leave, and a company-wide winter break

The anticipated base salary range for this role is ($175,000 - $200,000), with potential bonus and equity eligibility.  Salary offers are made based on the candidate’s qualifications, experience, skills, and education as they directly relate to the requirements of the position, budget for the position and cost of labor in the market in which the candidate will be hired.

2U Diversity and Inclusion Statement

At 2U, we are committed to building and sustaining a culture of belonging, respect, and inclusion. We are proud of the steps we’ve taken to bring together an employee base that embodies diverse walks of life, ideas, genders, ages, races, cultures, sexual orientations, abilities and other unique qualities. We strive to offer a workplace where every employee feels empowered by what makes us different, as well as by how we are alike. 

About 2U Inc. (NASDAQ: TWOU)

For more than a decade, 2U, Inc. has been the digital transformation partner of choice to great non-profit colleges and universities delivering high-quality online education at scale. As the parent company of edX, a leading global online learning platform, 2U provides over 45 million learners with access to world-class education in partnership with more than 230 colleges, universities, and corporations. Our people and technology are powering more than 4,000 digital education offerings — from free courses to full degrees — and helping unlock human potential. To learn more: visit 2U.com.

About edX

edX is the education movement for restless learners and a leading global online learning platform from 2U, Inc. (Nasdaq: TWOU). Together with the majority of the world’s top-ranked universities and industry-leading companies, we bring our community of over 45 million learners world-class education to support them at every stage of their lives and careers, from free courses to full degrees. And we're not stopping there — we're relentlessly pursuing our vision of a world where every learner can access education to unlock their potential, without the barriers of cost or location. Learn more at edX.org.

Learn more at https://2u.com/careers/
#NoBackRow

The above statements are intended to describe the general nature and level of work performed by individuals assigned to this position, and are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required. All employees may be required to perform duties outside of their normal responsibilities from time to time, as needed.

2U is an equal opportunity employer that does not discriminate against applicants or employees and ensures equal employment opportunity for all persons regardless of their race, creed, color, religion, sex, sexual orientation, gender identity, pregnancy, national origin, age, marital status, disability, citizenship, military or veterans’ status, or any other classifications protected by applicable federal, state or local laws. 2U’s equal opportunity policy applies to all terms and conditions of employment, including but not limited to recruiting, hiring, training, promotion, job benefits and pay.

If you are interested in applying for this kind of position, please submit your resume. Should the incumbent decline our offer for promotion and decide to vacate their position, we will review all internal applications received.

Salary : $175,000 - $200,000