Associate Director - US Tax Operations

About the Department 

At Novo Nordisk, our Finance and Operations team is the engine that elevates holistic commercialization of our products. The Finance and Operations team works closely with the business across the organization to guide enterprise wide resource allocations, investment choices, drive core operations and develop insights to drive growth and operational excellence across the value chain while innovating for future capabilities. We regulate accounting, uphold workplace safety, manage our supply chain and sampling, support technology, provide commercial operations, insights & analytics, maintain our facilities and assure the integrity and completeness of all business transactions. At Novo Nordisk, you will have the opportunity to build a life-changing career in a global business environment. We encourage our employees to make the most of their talent. And we reward hard work and dedication with the opportunity for continuous learning and personal development. Are you ready to realize your potential?

 

The Position

To support the Director of U.S. Tax Operations in leading and managing tax operations, tax compliance, tax risk and indirect taxes for Novo Nordisk Inc. (NNI), its North American affiliates and Novo Nordisk with focused efforts to achieve our Corporate Tax Strategy – to take a sustainable approach to taxes which is commercially driven, responsible and transparent. Responsibilities include all facets of tax operations including expert internal and external Corporate tax reporting, proactive business advisement, creating and advancing tax digitalization agenda, tax strategy implementation, tax risk assessment and mitigation, optimizing tax incentives, and providing leadership to the Tax Operations team in order to accomplish these imperatives. With inspiration from our Novo Nordisk Way and Essentials, leadership includes ensuring best in class outcomes through continuous. engagement with key stakeholders and developing self, team and organization.

 

Relationships

Reports to Director of U.S. Tax Operations. Member of NNI Finance & Operations – Finance and Supply Chain, and Global Tax based in Denmark aka Corporate Tax. Continual interaction and collaboration with Corporate Tax, Finance groups and Line of Business personnel at NNI and all U.S. affiliates including commercial, research, corporate development, and manufacturing sites. Serves as a primary point of contact for U.S. Tax Operations for all internal and external commercial stakeholders including tax and financial auditors.  Acts as liaison with outside tax advisors.  Outside advisors may support and report into this position. Position leads with indirect line authority.

 

Essential Functions

• Tax Operations (Commercial):
  • Assist Director of U.S. Tax Operations as point of contact for NNI and all U.S. commercial affiliates. As part, build and maintain relationships with key stakeholders. Also create and communicate an annual commercial engagement plan with stakeholders to optimize value creation
  • Understand the Novo Nordisk value chain, e.g., corporate development, research, clinical development, manufacturing and commercial operations to be in optimal position to provide tax advice to stakeholders independently and with Director and U.S. Tax Operations team
  • Assist Director of U.S. Tax Operations to ensure U.S. Federal and State audits are appropriately managed and shared with Corporate tax via biannual reporting and preparation of tax risk memos for key risks
  • Report tax advice via conversation, presentation and written communication within Tax team and with relevant stakeholders at commercial affiliates and beyond
  • Optimize all internal and external resources and processes to ensure that all actions required to provide deliverables are properly planned, executed, and delivered

• Corporate Development Integration:
  • Provide necessary insight to the U.S. Tax Strategy team as required
  • Engage and align with U.S. Tax Strategy team to ensure seamless integration of tax planning and corporate development opportunities including proper U.S. Federal and State tax return disclosures of all such initiatives
  • Support internal and external stakeholders including NNI and Corporate Financial Accounting teams to enable proper financial reporting of tax acquisitions, structurings and restructurings
  • Ensure proper tax reporting of all tax planning and business development initiatives including discussions with internal and external auditors

• Consolidation:
  • Deliver a timely, complete and accurate consolidated Federal U.S. Corporation Income Tax return, Form 1120 to Director of U.S. Tax Operations for review on an annual basis
  • Review U.S. State combined, unitary and consolidated external tax reporting to ensure