VP, Tax

Salary Range $235,000 - $305,000*

Job Description:

Who We Are: 

Saks is a world-renowned luxury ecommerce destination. The company’s unique approach combines a focus on the digital customer experience with a strong connection to a network of extraordinary stores that extends that seamless experience into the real world.

On its website and app, Saks offers an unparalleled selection of curated merchandise across fashion for women and men, beauty, jewelry, home décor and more. In addition to the shopping experience, customers come to Saks for inspiring editorial content, access to digital stylists, lifestyle experiences and other world-class services. The company is currently in the midst of a dramatic expansion, driven by significant enhancements to its platforms and offerings, with the goal of becoming the preeminent destination for luxury internationally.

Role Description:

•Strategically develop, mentor and guide members of the company’s Tax Department

•Lead all Tax Department responsibilities, including oversight of all tax related functions

•Create and maintain impeccable compliance structure and policies

•Collaborate effectively with internal and external advisors and business units to devise, review and implement transaction related tax structures and monitor existing tax structures and risks

•Oversee all tax reporting and compliance functions for all business units and investment interests

•Oversee financial statement reporting of income taxes and effective tax rate management

•Ensure timely and accurate filing of all federal and state income tax returns, estimates and extensions as well as all related compliance

•Provide tax guidance, advice and risk management support to the company, its business units and family owners

•Consult on special projects initiated by senior leadership

•Maintain up to date knowledge of U.S. and state tax legislative developments and related implications

•Serve as the primary contact with IRS agents and state auditors

•Initiate federal and state tax planning and provide technical assistance as required

•Extensive knowledge of both Federal and State income tax laws

•Extensive general business knowledge and accounting fundamentals across multiple industries; retail, real estate and GCC experience preferred.

•Must have a demonstrated hands-on approach and success in working in a team-based environment

•Build and scale a best-in-class tax function to support the company's growth by hiring strong talent and implementing scalable processes.

•Collaborate with executive management to develop a vision for a tax efficient global corporate structure that is flexible and meets our business needs.

•Manage quarterly tax provision process for all entities in every jurisdiction where Saks Global operates.

•Act as advisor for the company on new product launches and customer agreements to ensure tax risks are mitigated and information reporting and withholding requirements are met.

•Be a partner to cross-functional teams to advise on employment tax and permanent establishment analysis for our workforce.

•Project manage and execute the calendar of filing deliverables to ensure compliance and timely filings for US federal, state and all foreign income taxes.

•Manage any tax audits that arise for state, federal and international returns.

•Manage relationships with external tax advisors, external audit tax function and investors.

•Present on tax matters at Audit and Risk Committee and board meetings as required.

•Prepare all tax provision disclosures for financial reporting purposes

Key Qualifications:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Saks.com is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

*The above expected salary range may have some variability based upon factors including, but not limited to, a candidate’s overall experience, qualifications, and geographic location. If you are interested in the role, we encourage you to apply and, if selected to move forward in the interview process, you will have a chance to speak with our recruitment team regarding your specific salary expectations.