With over $1B of sales and operating in 18 countries, Tek is a leading manufacturer of oscilloscopes and other test and measurement equipment. Reporting to the CFO, the Tax Director leads a team of three employees. Tektronix (Tek) is an operating company of Fortive Corporation (FTV). Due to the integrated nature of taxes in a large group of companies, this role has an indirect reporting line to the parent tax organization, working in close collaboration with the FTV tax team on income tax strategy, planning, and compliance. The Tektronix Global Tax Director also works closely with Tek operations teams, ensuring tax strategies align with business goals. This role requires a deep understanding of both tax rules and the company’s operational intricacies to drive tax efficiencies and mitigate risks.
Primary Responsibilities:
- Develop and execute impactful strategies to enhance the global tax burden of Tek, jointly with FTV.
- Lead the Tek Tax Team in the timely completion of the following compliance deliverables:
- Proforma U.S. corporate income tax return preparation and the provision of Tek data supporting US international and state income tax reporting to FTV.
- Quarter and annual tax reporting to FTV, including coordinating and assisting foreign operations with reporting requirements.
- Legal entity income forecasting.
- U.S. GAAP tax provision and return-to-provision calculations for all legal entities in the TEK organization.
- Direct oversight of US sales and use and property tax compliance, including government inquiries and audits.
- Oversight of intercompany pricing between related parties, including pricing and financial analysis.
- Develop team of skilled tax professionals through coaching, mentoring, and professional development.
- Guide Tek operations through tax issues, including issues related to business changes, expansion, and contractions.
- Support FTV Tax with due diligence and scoping of tax exposure for proposed acquisitions.
- Oversee opening balance sheet for completed acquisitions.
- Partner with other Finance teams to ensure accurate and timely financial reporting.
- Create operational efficiencies through use of continuous improvement tools and technology.
- As determined by FTV Tax, support or management of government inquiries and audits of income tax matters.
Candidate Profile:
- 12+ years of progressively more responsible and successful experience in corporate tax department and/or a public accounting firm, with a strong knowledge of transfer pricing, tax planning, and tax compliance for a U.S. parented, multi-national, large, consolidated group.
- Bachelor’s degree required. Undergraduate in accounting/finance, master’s degree in taxation, and/or CPA preferred.
- Excellent analytical and strategic skills, with the ability to interpret tax rules and regulations.
- Proven ability developing and executing strategic tax plans that align with FTV and operational goals.
- Comprehensive understanding of U.S. federal and state corporate tax legislation, ASC 740 and U.S. GAAP reporting for income taxes, international transfer pricing rules, and international taxation.
- Good knowledge of taxation relating to manufacturing operations, and research and development and VAT.
- Effective communication skills, written and verbal. Ability to convey complex tax concepts to various stakeholders.
Traits we are looking for:
- Business and financial acumen. Demonstrated success in strategic thinking and acting from an enterprise perspective.
- Effective decision-making skills. Ability to negotiate and balance decisions and priorities across the needs of several functions. Willingness to make timely, tough decisions in the face of risk and uncertainty.
- Global mindset with ability to work effectively across multiple cultural and geographic boundaries.
- Ability to effectively manage a small tax department with demonstrated people leadership committed to attracting and retaining the best talent.
- Highly skilled in responding to business performance with sense of urgency to deliver results using continuous improvement.
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 18,000 strong, united by a dynamic, inclusive culture and energized by limitless learning and growth.
At Fortive, we believe in you. We believe in your potential—your ability to learn, grow, and make a difference.
Fortive: For you, for us, for growth.
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.
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