Job Information
Intra-Cellular Therapies, Inc Director, Tax in Towson, Maryland
Benefits Offered
401K, Dental, Life, Medical, Vision
Employment Type
Full-Time
“We deliver innovative treatments to improve the lives of individuals suffering from neuropsychiatric, neurologic and other disorders”
Intra-Cellular Therapies Inc. is a publicly traded biopharmaceutical company headquartered in New York City. Founded on Nobel-prize winning research, we launched our first commercial product in CNS in 2020 and received approval for an expanded indication in 2021. Currently celebrating our 22nd anniversary, we have a strong pipeline with projects in preclinical development stage through Phase III. We celebrate science, welcome curiosity, expect collaboration and demand integrity and respect in all we do, create and deliver.
The Director of Tax is responsible for all tax-related activities within ITCI and ensures that all matters related to taxes are handled promptly and accurately. The position’s responsibilities will include developing new tax strategies and policies for the business, including setting up new tax forms and templates, and implementing new accounting methods. We will be hiring one candidate for a hybrid position based in Towson, MD or the NY Metropolitan area.
Responsibilities:
Develop and oversee the tax function, managing the Company’s initiatives across the tax landscape, including oversight of tax operations, compliance, planning, controversy, and accounting
Build and execute a road map for the future of the tax organization
Manage the preparation and review of tax accounting in accordance with ASC 740
Manage tax provision process and reviewing financial statement disclosures
Prepare cash tax forecast and analysis
Manage all US and state tax filings
Maintain effective internal control environment to ensure compliance with financial reporting standards and Sarbanes-Oxley (SOX) regulations
Provide tax support for transactions such as M&A activities, including managing tax due diligence and tax planning
Communicate effectively with management to provide tax planning, advice and guidance
Manage technical research and consultation with management and the external auditors to ensure that proper accounting treatment is applied and documented for all transactions
Connect with colleagues and business partners to resolve issues, develop strategies and improve processes
Oversee and organize tax audits
Identify ways to reduce the company’s taxes by reviewing financial statements and other records
Developing and maintaining in-depth knowledge of federal, state, and foreign tax developments that may be relevant to the company
Assist with creation of presentation materials for executive management and Board of Directors review
Identify and develop strategies to reduce any tax risks
Manage outside tax advisors on key strategic projects and tax planning initiatives, as required
Complete all company and job-related training as assigned within the required timelines.
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Requirements:
Bachelor’s degree required in accounting, finance or business
CPA is required, advanced degree in Taxation preferred
12+ years related experience with combination of public and corporate accounting.
Research & development (R&D) industry experience required; biotech or pharmaceutical industry experience highly preferred
In-depth knowledge of US GAAP tax accounting rules, pronouncements and Sarbanes-Oxley (SOX) regulations
8+ years’ leadership and managerial experience in complex organization
OneSource or Bloomberg tax software training and experience preferred
Occasional travel is possible
Excellent communication skills (written and oral)
Ability to collaborate internally with other teams involved in the tax process
Detail-oriented with outstanding organization and problem-solving skills
Results driven team player who leads by example and takes full ownership of work
Demonstration of a high level of character and ethics acting in line with a clear and visible set of values & beliefs
Must be able to perform all essential functions of the position, with or without reasonable accommodation
Intra-Cellular Therapies is an Equal Employment Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, protected veteran status, disability or any other legally protected status.
Director, Tax - Base Salary Range $170,000 - $200,000
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