VP Tax & Treasurer - Sotera Health Services LLC
Broadview Heights, OH 44147
About the Job
In addition to possessing extensive tax and treasury experience, the ideal candidate will have strong leadership and analytical capabilities, excellent communication skills, and a keen interest in personal growth and development of people.
Tax Responsibilities:
- Lead the execution of complex income tax strategy and compliance matters for the organization
- Develop and implement strategies to minimize cash taxes and facilitate tax-efficient movement of global cash
- Develop and execute tax policies and procedures ensuring appropriate internal controls are in place
- Responsible for the global income tax provision and accounting for income taxes for the US and International subsidiaries and coordination with local staff and third parties and related external disclosure requirements
- Oversee timely and accurate completion of US Federal, international, state and local income tax, and sales, use and property tax returns including all related analysis and support
- Support the strategic planning process by partnering with the VP of FP&A to project the effective tax rate and cash taxes in the long-range plan
- Support M&A due diligence and integration including identification of tax related synergies and actions to capture
- Coordinate with taxing jurisdictions and outside resources as applicable on audits
- Responsible for transfer pricing, royalty, and management fee arrangements
- Liaise with operating management and the finance team on tax issues
Treasury Responsibilities:
- Capital Markets and Capital Structure:
- Evaluate and optimize the capital structure to minimize borrowing costs and ensure funding availability
- Lead the execution of all capital markets transactions
- Actively monitor and ensure compliance with debt covenants
- Cash and Liquidity Management:
- Develop and execute cash management strategies to optimize liquidity
- Ensure global bank account structure is efficient and meets the regional needs of the businesses
- Oversee the global cash forecast process to ensure regional liquidity needs are met and excess cash is optimally invested
- Monitor daily cash positions and transaction processing
- Maximize the return on investment of the company's excess funds in accordance with the investment policy
- Collaborate with the tax and accounting departments to identify and execute repatriation opportunities
- Provide oversight of the corporate T&E and P-Card programs
- Financial Risk Management:
- Identify and assess financial risks including interest rate, currency, and commodity risks
- Develop and implement risk mitigation strategies and hedging programs
- Ensure company is in compliance with regulatory hedging requirements
- Banking and Rating Agency Relationships:
- Build and maintain strong relationships with banks, financial institutions, and rating agencies
- Negotiate banking services, fees, and credit facilities
- Customer Credit Management
- Manage and oversee the global credit team
- Provide strategic direction and decision making in collaboration with business leaders and the CFO
- Ensure the appropriate policies are in place
- Drive process efficiency
- Internal Controls, Reporting, and Compliance
- Provide oversight and ensure appropriate processes and procedures are in place and effective
- Other Responsibilities
- Manage the global real estate portfolio in partnership with the external real estate provider and business leaders
- Support M&A due diligence and integration
Leadership and Enterprise Responsibilities:
- Team Growth and Development:
- Manage team resources effectively, including budget, time, and people
- Ensure team structure is aligned to the overall vision for the global finance team
- Foster a positive team culture and build strong working relationships among team members
- Set performance expectations and goals for team members and provide regular feedback on individual and team performance
- Identify and support the professional development needs of team members; encourage continuous learning and skill development
- Finance Leadership Team:
- Contribute to the development of the global finance team in alignment with our vision
- Contribute to the development of strategic plans and initiatives
- Develop action plans to achieve short-term and long-term objective
- Communicate the vision and goals to team members, ensuring everyone understands their role in achieving them
Minimum Qualifications (Education, Experience):
- Bachelor's Degree in finance, business, or related field. MBA or M.S. Tax preferred but not required
- Extensive experience in global tax and treasury management in a public company
- Strong knowledge of global tax, financial markets, banking operations, and regulatory compliance
- Proven track record of leadership
Key Skills and Competencies
- Excellent analytical ability
- Strong verbal and written communication skills
- Ability to present effectively and convey complex ideas clearly and concisely
- Effective interpersonal skills for team building and collaboration.
Sotera Health goes to market through its three best-in-class businesses - Sterigenics®, Nordion® and Nelson Labs®. Sterigenics is a leading global provider of outsourced terminal sterilization and irradiation services for the medical device, pharmaceutical, food safety and advanced applications markets. Nordion is the leading global provider of Co-60 and gamma irradiators, which are key components to the gamma sterilization process. Nelson Labs is a global leader in outsourced microbiological and analytical chemistry testing and advisory services for the medical device and pharmaceutical industries. Learn more about Sotera Health at soterahealth.com.