Job Information
Fortive Corporation Sr. Manager, Regional Tax Planning & Operations (APAC) in Shanghai, China
Position Overview
The Sr Manager, Regional Tax Planning & Operations (APAC) reports to the Director, Global Tax Planning & Operations and is responsible overall tax matters in the APAC region. We are a highly collaborative organization and seek a candidate with experience in a global organization. We are committed to providing a technology infrastructure to enable tools and resources for process optimization. With a diverse platform of companies, our business provides opportunities for continuous growth and new challenges.
What You’ll Do
This role is responsible for the overall management of the Company’s tax position for countries in the APAC region. For all countries in the region, you will contribute to global tax planning & strategy, statutory compliance (accounts and tax returns), tax accounting for SEC purposes, and transfer pricing. This role requires specific experience in tax laws and regulations of China; for countries outside your expertise, you will be supported as needed from local third-party tax advisors for the technical tax rules of the relevant country. The Company operating structure is decentralized with several finance organization and effective collaboration across matrixed organization (corporate finance, global tax, and local finance) is a key to success. Your role includes the following:
Technical Resource: This role is expected to have expertise equivalent to title in China, with demonstrated experience in planning, cross-border analysis, and statutory reporting requirements. For all other countries, using a network of advisors, the role must monitor proposed and newly enacted legislation, regulations, rulings, and court cases which may impact to the global tax position of the Company.
Income Tax SEC Reporting: Provide support for the income tax accounting reporting for the region, including review of the following at the country (or entity) level: quarterly tax rate, tax attributes, EBT by country forecast, tax provision computations (including current and deferred taxes), actual (or forecasted) cash tax payments.
Statutory Compliance and audit: Work with local controllers to provide oversight for timely completion of statutory accounts and income tax returns. Review statutory accounts and income tax returns prior to filing. Review (or prepare as needed) return to provision calculations required for SEC reporting. Review OECD Pillar II calculations and filings for regional countries and ensure local requirements are considered in filings. Manage and be actively involved with local income tax audits
Other transactional taxes: Manage stamp duty and withholding tax; ensuring reporting and payment compliance. Provide governance and support for VAT/GST issues relevant to intercompany and business transactions.
Transfer Pricing: Based upon overall transfer pricing policy of the Company, review financial results to ensure transfer pricing has remained within policy. To the extent transfer pricing has not remained within policy, coordinate with the local finance, global customs/trade, and global tax organization to ensure appropriate adjustments including (e.g., VAT, GST, Duties) are implemented.
Business Advisor: Develop a strong understanding of the operating companies doing business in the region; develop relationships with key contacts and stakeholders (internal/external) for each country.
Organizational Collaboration: Develop and maintain collaborative relationships throughout the corporate organization, including those responsible for financial reporting, forecasting, and internal audit.
We believe our tax team thrives in our environment where individuals can actively engage in projects to fully utilize our tax attributes and integrate new businesses into our processes and corporate structure. With that in mind – in addition to your contributions to our global tax operations, you will:
Grow your subject matter expertise through research and analysis to our ever-evolving business
Grow your global expertise by opportunity to work with and learn from highly-qualified and experienced global tax organization.
Be supported in efforts to continue your training, staying current in tax developments, and establishing yourself in the tax community
Qualifications & Certifications
Bachelor’s degree required, preferably in taxation, accounting, finance or related field
Fluent in business English
Charted Accountant, CPA, or relevant tax certification, preferred
8+ years of progressive corporate or public accounting experience in income tax, including progressive experience for multi-national corporations.
Skills & Competencies
Highly skilled user of MSFT Office Suite
Experience with tax software (e.g., CorpTax) and data-efficiency tools (e.g., Power BI Platform, Alteryx).
Expertise in tax law, regulations, and relevant court cases of China for the Company.
Demonstrated analytical skills for reviewing financial computations related to tax and accounting.
Demonstrated ability to translate complex income tax concepts into tax planning with actionable strategies.
Demonstrated knowledge of local accounting for income tax and basic understanding of ASC 740 (US Tax Accounting rules and guidance).
Strong communication skills with ability to interact with effectively with external advisors and finance teams throughout the organization.
Results-oriented, technically-curious, and values effective collaboration.
Positive self-started with willingness to learn, understand the business, and readily adapt to a fast-changing business.
High level of integrity and a commitment to upholding professional standards.
We are tax optimizers at heart, we hope you are too!
Ralliant Overview
Every day, engineers transform scientific potential into real-world impact, reshaping how we live and work. At this pivotal moment in technology, Fortive is creating a focused, standalone company poised to capitalize on powerful long-term trends with mission critical technologies advancing an electrified and digital future. Our team of scientists, engineers, and technologists is joining forces to pioneer solutions that will shape the future of industry.
Introducing Ralliant Corporation, a global technology company uniting trusted brands solving tough challenges to speed breakthroughs at leading companies, research institutions, and governments, across the semiconductor/communications/diversified electronics, industrial manufacturing, utilities, and aero, defense, and space industries.
Ralliant is fueled by a global team of changemakers, committed to continuous improvement and a strong culture rooted in disciplined execution. For more information please visit: https://careers.fortive.com/newco-opportunities/
Fortive Corporation Overview
Fortive’s essential technology makes the world stronger, safer, and smarter. We accelerate transformation across a broad range of applications including environmental, health and safety compliance, industrial condition monitoring, next-generation product design, and healthcare safety solutions.
We are a global industrial technology innovator with a startup spirit. Our forward-looking companies lead the way in software-powered workflow solutions, data-driven intelligence, AI-powered automation, and other disruptive technologies. We’re a force for progress, working alongside our customers and partners to solve challenges on a global scale, from workplace safety in the most demanding conditions to groundbreaking sustainability solutions.
We are a diverse team 17,000 strong, united by a dynamic, inclusive culture and energized by limitless learning and growth. We use the proven Fortive Business System (FBS) to accelerate our positive impact.
At Fortive, we believe in you. We believe in your potential—your ability to learn, grow, and make a difference.
At Fortive, we believe in us. We believe in the power of people working together to solve problems no one could solve alone.
At Fortive, we believe in growth. We’re honest about what’s working and what isn’t, and we never stop improving and innovating.
Fortive: For you, for us, for growth.
About NewCo
Bonus or Equity
This position is also eligible for bonus and equity as part of the total compensation package.
This position is also eligible for bonus and equity as part of the total compensation package.
We are an Equal Opportunity Employer
Fortive Corporation and all Fortive Companies are proud to be equal opportunity employers. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity or expression, or other characteristics protected by law. Fortive and all Fortive Companies are also committed to providing reasonable accommodations for applicants with disabilities. Individuals who need a reasonable accommodation because of a disability for any part of the employment application process, please contact us at applyassistance@fortive.com.