What are the responsibilities and job description for the Manager of Tax and Treasury position at Veranova?
Company Description
We are a global leader in the development and manufacturing of active pharmaceutical ingredients, focused on specialist niches with expertise in highly regulated and complex chemistries. Formerly part of Johnson Matthey, we have over 50 years of experience navigating the challenges of the global healthcare industry, and nurturing long-standing, trusted customer relationships. Operating within two divisions, Generics and Originators, we deliver a differentiated service offering to pharma and biotech customers for every stage in the drug development lifecycle.
Job Description
The primary function of the role is to manage the overall cash development needs of the Global business, generating robust tracking of sources and uses of cash on a monthly basis, and correlating the cash requirements as it pertains to the credit facility. Provide transparent communication of cash positions to Senior management.
Separately, be the main conduit on all matters relating to tax activities to 3rd party service providers on a Global basis. Serve as the coordinator of relevant tax information necessary to meet regulatory requirements in conjunction with 3rd party providers.
Qualifications
- Manage the Company's global cash and cash flows consistent with liquidity needs for business operations, capital projects, acquisitions and debt service.
- Lead global cash reporting, forecasting and consolidation, engaging with site controllers in each country/ location to produce accurate cash flow forecasting and requirements.
- Manage banking relationships with lending banks. Track bank fees. Develop strategy to rationalize the number of banking partners and bank accounts.
- Execute FX strategies/ hedging programs and daily FX transactions.
- Recommend and execute short-term and long-term liquidity strategies to support business operations.
- Draft global treasury processes and policies for continuous improvement in efficiency and optimization strategies.
- Support the Global Controller with reporting requirements, including debt covenants and controls.
- Perform monthly bank reconciliations.
- Liaise with 3rd party tax providers to coordinate and ensure preparation and filing of all state/ local and federal tax requirements across the global business.
- Be the internal advisor on all matters tax, evaluating contracts and business operations as it relates to overall tax exposures.
- Work with accounting organization to ensure proper provisioning and exposures associated with overall tax position.
- Interface with all levels of the organization, along with outside accountants, counsel, auditors on tax matters
- Other duties as assigned
Additional Information
All your information will be kept confidential according to EEO guidelines.
Veranova is an Equal Opportunity Employer. It is the policy of Veranova to provide equal employment access and opportunity to all persons regardless of age, race, color, national origin, religion, sex, sexual orientation, gender identity and/or expression, physical or mental disability, genetic information, citizenship, marital status, veteran status, or any other characteristic protected by federal, state or local law.
All applications are carefully considered and your details will be stored on our secure Application Management System. This is used throughout Veranova for the selection of suitable candidates for our vacancies as they arise. Veranova respects your privacy and is committed to protecting your personal information. For more information about how your personal data is used please view our privacy notice.
