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Tax Research and Planning Senior Analyst

Employer
Newmont
Location
Denver, CO, US
Salary
Competitive
Closing date
Oct 13, 2022
Founded in 1921 and publicly traded since 1925, Newmont ( www.newmont.com ) is one of the largest gold companies in the world. Headquartered in Denver, Colorado, the company has approximately 24,000 employees and contractors, with the majority working at Newmont's core operations in the United States, Australia, Ghana, Peru and Suriname. Newmont is the only gold company listed in the S&P 500 index and in 2007 became the first gold company selected to be part of the Dow Jones Sustainability World Index. Newmont's industry leading performance is reflected through high standards in environmental management, health and safety for its employees and creating value and opportunity for host communities and shareholders.

About this role

What you will be responsible for?

Under the direction of the Senior Tax Manager, this role will be responsible for supporting international and domestic tax planning projects, modeling the impacts of planning strategies, researching tax technical issues, and supporting management with merger and acquisition activity.

Your role will consist of

Here is a snapshot of what your day to day will look like:

Research and Planning
• Research emerging tax issues, communicate findings and recommend actions for tax savings and tax mitigation opportunities.
• Collect information and develop tax planning ideas within the Company's global project pipeline.
• Prepare the long-range tax planning, legal entity structuring and sensitivity analyses to improve the utilization of the Company's global tax attributes.
• Research and make recommendations on the international components of proposed company transactions as they relate to U.S. tax account provisions, valuation allowances, foreign exchange positions and long-term tax liability accounts.
• Research U.S. and international tax consequences and provide a comprehensive worldwide tax analysis on merger and acquisition alternatives.
• Assist in identifying and handling global corporate tax risk and global tax planning opportunities.
• Ensure that all components of U.S. tax research and pertinent international tax analysis is accurately detailed in a timely manner and shared with the Tax Compliance and Tax Accounting departments to adequately support future U.S. tax positions.
• Limit the Company's exposure to multiple tax jurisdictions and resulting tax leakage by analyzing the effect and interrelationship of international operations on the Company's U.S. tax status.
• Regularly review Newmont's organizational structure to provide recommendations to eliminate superfluous and/or administratively costly legal entities, especially in conjunction with or as an aftermath of mergers, acquisitions, and business combinations.

Global Transfer Pricing
• Prepare the corporate management global charge on an annual basis.
• Work with the finance/accounting teams to ensure that transfer pricing policies are fully understood and applied.
• Review the group's transfer pricing methods and support the ongoing maintenance and implementation of the Company's various recharge mechanisms and other intra-group transactions.
• Proactively bring to the attention to tax leadership any deficit in policies and their associated risks and opportunities for tax benefits.
• Coordinate with Newmont's global transfer pricing provider the annual delivery of the transfer pricing local files. This includes maintaining a central project plan as well as documentation supporting the annual scope, achievement plan, and contact and partner list.

Additional Responsibilities

• Serve as the regional tax contact for Newmont's Suriname tax jurisdiction and the Merian mine site. This will include preparing the annual Suriname income tax calculations, quarterly/annual ASC 740 tax provision calculations, controversy matters, withholding tax filings, and providing support and advice to the regional management team.
• Advise in the preparation and maintenance of transaction binders for all transactions requiring documentation in compliance with Sarbanes-Oxley.
• Summarize recommendations of comprehensive worldwide tax analysis on merger and acquisition alternatives.
• Reinforce and support the department's goals, objectives, and philosophies in interaction with other corporate fields, including merchant banking, legal, treasury, accounting, and business planning, as well as with Newmont's international administrative and operating units.
• Review foreign income tax returns and coordinate with local tax advisors for non-operating entities as needed.

The above duties and responsibilities are representative of the nature and level of work assigned and are not necessarily all-inclusive.

Your training, skills, and experience checklist

Here is what we would need to see from you!

Education:
• Bachelor's degree in Accounting, Tax, Business, or related field.
• CPA preferred.
• MS, JD, and/or LL.M. degree highly helpful.

Experience:
• 6-7 years of tax experience with emphasis in tax research.
• Possesses an in-depth understanding of applicable federal tax laws and regulations, especially in international taxation.

Skills and Abilities:
• Excellent analytical, interpersonal and project management skills.
• Identified strong verbal and written communication skills.
• Must have ability to efficiently use Microsoft Word and Excel applications.
• Strong PC skills using MS office software.

Working conditions and location

Where you will be located!

• The position is located in the Denver corporate office.
• Position may be required to travel to, and assist other domestic and international sites.

The salary range offered for this role is $95,520 - 112,245. The salary range is tied to the Colorado market for jobs performed in Colorado. The salary offer to the successful candidate will be based on job-related education, training, and/or experience. The salary offer will not be based on a candidate's salary history at other jobs, and by law, Newmont will not seek information about salary history, and candidates should not share such information with Newmont.

This role will be eligible for participation in a discretionary annual bonus program, pursuant to which an employee may be awarded a percentage of their salary based on the company's performance and their own individual performance.

Newmont offers a competitive and inclusive benefits package to support physical, mental, financial and emotional wellbeing. This role will be eligible for the following benefits: Medical, prescription drug, dental, and vision insurance; flexible spending accounts; health savings accounts; life and accidental death and dismemberment insurance; short and long-term disability; 401(k) program with company match; pension; financial planning; employee assistance program (EAP); adoption assistance; dependent scholarship program; tuition reimbursement; paid holidays and paid time off; paid family leave; matching gifts; and discounts on home, auto and pet insurance. All bonuses and benefits are subject to the applicable eligibility and program/plan terms and may be modified or terminated at Newmont's sole discretion.

Consistent with Newmont's values of safety and responsibility, we believe that COVID-19 vaccination is a critical tool to fight this pandemic and protect the health and safety of Newmont's workforce and the communities in which we work and live.With the wide availability of vaccines in the United States, if you are offered this position, you will have to show proof of a COVID-19 vaccine prior to being hired. This requirement will be subject to an exemption process, as required by law. Newmont may update its vaccination policies/requirements at any time in its sole discretion.

Nearest Major Market: Denver

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