Senior Tax Director, Compensation & Benefits

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Job Function:

Finance

Job Sub Function:

Tax

Job Category:

Professional

All Job Posting Locations:

Raynham, Massachusetts, United States of America

Job Description:

DePuy Synthes is seeking an experienced Senior Tax Director, Compensation & Benefits.

This position reports to the VP Tax. The candidate will provide high level technical tax and legal advice to management in the administration of the company’s worldwide employee compensation and benefit plans.

Johnson & Johnson announced plans to separate our Orthopaedics business to establish a standalone orthopaedics company, operating as DePuy Synthes. The process of the planned separation is anticipated to be completed within 18 to 24 months, subject to legal requirements, including consultation with works councils and other employee representative bodies, as may be required, regulatory approvals and other customary conditions and approvals. Should you accept this position, it is anticipated that, following conclusion of the transaction, you would be an employee of DePuy Synthes and your employment would be governed by DePuy Synthes employment processes, programs, policies, and benefit plans. In that case, details of any planned changes would be provided to you by DePuy Synthes at an appropriate time and subject to any necessary consultation processes.

Incumbent is responsible for ensuring compliance with laws and regulations applicable to employee compensation and benefits. Specifically, incumbent will advise management regarding tax and legal requirements in areas including qualified retirement plans, stock based compensation, employee welfare benefit plans, employee fringe benefits, mergers, acquisitions & divestitures, plan asset investments, and executive compensation matters. The Senior Tax Director, Compensation & Benefits will also advise on payroll withholding and reporting matters and other global employee compensation and benefits matters.

Position Requirements:

A Juris doctor degree from an accredited law school is required. A minimum of one active state (or District of Columbia) bar admission is required. A minimum of 10 years of experience at a law firm, accounting firm and/or major corporation advising clients or management on a wide variety of employee compensation & benefits tax and legal matters is required. Working knowledge of the provisions of the Internal Revenue Code applicable to the taxation of employee compensation and benefits and of the Employee Retirement and Security Act of 1974 (ERISA) is required. Experience advising on compensation and benefits matters in mergers, acquisition, and divestiture transactions is required. Incumbent will also require excellent business partnering and communication skills - specifically the ability to communicate highly technical matters to management whose knowledge may be more general.

Preferred Requirements/Competencies:

Exposure to and general knowledge of the laws of some major non-U.S. jurisdictions with respect to employee compensation and benefit matters, reporting and withholding, and employee location compliance are preferred.

Key Responsibilities

• Provide technical tax and legal counsel on the design, administration, and governance of employee compensation and benefit plans and programs.
• Advise on U.S. federal tax requirements affecting qualified retirement plans, executive compensation, equity and stock-based compensation, health and welfare benefits, fringe benefits, and other employee programs.
• Counsel business and functional leaders on compliance with ERISA, the Internal Revenue Code, and related regulatory and fiduciary requirements.
• Provide tax and benefits advice in connection with mergers, acquisitions, divestitures, reorganizations, and other corporate transactions, including due diligence, agreement review, and integration or separation planning.
• Advise on payroll tax withholding, reporting, information returns, and employee mobility matters, coordinating with payroll, finance, human resources, and external advisors as appropriate.
• Support the review and documentation of compensation and benefit arrangements, plan amendments, participant communications, policies, and governance materials.

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