SAP Finance and Taxation Manager

Date: Jul 2, 2024

Req ID: 3449

Location:

Somerset, NJ, US, 08873

Company: Terumo Americas Holding, Inc.

Department: SAP Leadership & COE

Terumo Medical Corporation (TMC) develops, manufactures, and markets a complete, solutions-based portfolio of high-quality medical devices used in a broad range of applications for numerous areas of the healthcare industry. TMC places a premium on providing customers with world-class products, training and education programs that drive clear economic value, better clinical outcomes and improved quality of life for patients. TMC is part of Tokyo-based Terumo Corporation; one of the world’s leading medical device manufacturers with $6+ billion in sales, 30,000+ employees worldwide and operations in more than 160 nations. Terumo Medical Corporation is comprised of two strategic business divisions: Terumo Interventional Systems and Terumo Medical Products.

We believe that the future is bright for everyone at Terumo. We work with the future in mind to generate lasting change, create a bigger impact and produce greater outcomes for today, and for decades to come.

At Terumo we believe in the power of personal growth and will encourage you to get in the driver's seat - progressing in the direction you want to go by deepening your skills throughout your career. We want you to be bold, think outside the box, experiment, innovate and deliver what's next for quality healthcare. You will be part of a collaborative, respectful and resilient team of associates and leaders around the world, working together as partners to achieve more than you thought possible, providing real-world, impactful solutions for patients.

Join us and help shape wherever we go next!

Advancing healthcare with heart

Job Summary

The SAP Finance & Taxation Manager will ensure a relationship with business stakeholders, cross-functional teams, external project consultants and COE team members to help design, develop, deploy and support solutions in SAP S/4HANA. This role will also have a key responsibility in providing the support for day-to-day SAP Finance, Tax and OneSource modules. The ideal candidate should have good listening skills, pro-active, team player and have the ability work with cross-functional teams and the business stakeholders.

Job Details/Responsibilities

• Accountable for design and implementation of SAP S/4 HANA capabilities supporting Finance functions in General ledger, Accounts Receivables and Accounts Payables.

• Accountable for design and implementation OneSource Global tax solutions related to the taxes in North America, EMEA, LATAM and APAC regions. Manage functional and technical analysis of new functionalities integrated to the Tax engine.

• Responsible for designing and deploying solutions for various VAT and Deferred Taxes.

• Actively engage with business, SAP COE leader, cross-functional teams, external consultants to provide best fit technical solutions while aligning to global template solution.

• Responsible for managing General Ledger support for all processes including journal entry processing, accruals, recurring entries, exchange rates and foreign currency revaluation.

• Perform FIT/GAP analysis and write functional specifications for RICEFW.

• Support month-end and year-end activities and resolve issues in a timely manner.

• Support SAP COE in testing and validation efforts related to Maintenance Patches, Version Upgrades and integration on New Bolt-on Applications from time to time as required.

• Help Perform risk assessments of enterprise apps and work closely with project teams on building/configuring applications security.

• Develop User Documentation in collaboration with Business Team and external consultants.

• Support SAP COE in testing and validation efforts related to Maintenance Patches, Version Upgrades and integration on New Bolt-on Applications from time to time as required.

• Monitor and respond to help desk tickets in a timely manner, and work with business to understand the issue, and provide the solution.

• Provide functional advisory support to ad hoc SAP/Non-SAP led initiatives in other subsidiaries to support managerial decision making.

• Drive the Functional Integration of all E2E processes enabled by SAP S/4HANA to ensure proper design, development, testing and the cutover activities.

• Work with other Process Team(s) in development and execution of the test scripts in the integration testing cycles and regression testing.

Job Responsibilities (continued)

• Support integration of Ariba and OneSource for tax determinations, read OneSource logs to resolve tax related issues.

• Support different tax scenarios of input tax for Europe including reverse charges, deductibility, partial deductibility, reverse charges with deductibility.

• Understanding of the taxation of different Europe countries and reporting requirements.

• Able to work independently to map business processes from tax purposes and collaborate with other process teams.

• Work with other Process Team(s) on new developments and support of tax related changes in OneSource and Global Next.

• Support business on OneSource Audit reports.

• Support business on VAT and Intrastat reports.

Knowledge, Skills and Abilities (KSA)

• Proven experience in implementing and configuring OneSource Tax software within SAP S/4 HANA environments.

• In-depth knowledge of tax compliance requirements and regulations, with a focus on indirect taxes (VAT/GST, sales tax and Use tax).

• Strong understanding of General Ledger, Accounts Payable, and Accounts Receivable.

• Knowledge in Finance and Taxation

• Certification in S/4 HANA

• Experience in SAP ACR/DRC reporting and Document compliance

• Experience in Withholding Taxes

• Experience working with Revenue Recognition, Revenue Accounting, US GAAP, IFRS

• Integration Experience with SD and MM

• Applied experience with banking and Cash Management/Treasury

• Experience in integration of Ariba and OneSource for tax determinations, understanding of the OneSource logs to resolve tax related issues.

• Ability to understanding posting of purchasing and invoices from Ariba to SAP.

• Knowledge of use of OneSource Audit reports.

• Ability to work on VAT and Intrastat reports to support European business.

• Experience in handling various input tax scenarios such as reverse charges, deductibility, partial deductibility, reverse charges with deductibility.

• Excellent communication and presentation skills

• Ability to work on projects with cross functional teams, external resources, and PMO.

• Manage business users independently, be self-motivated, proactive and a team member.

• Ability to embrace new technologies and adopt to an evolving environment.

• Ability to adopt flexible schedule to meet multiple time-zones for meetings with peers and stakeholders.

Qualifications/ Background Experiences

• Bachelor’s degree is required, preferably in Finance or related field, or equivalent work experience.

• Minimum 10 years of experience with Process Design, Deployment and/or support experience utilizing and configuring the SAP FICO module with a heavy focus in General Ledger, Accounts Payables, Accounts Receivables, and taxes.

• Minimum 5 years of experience with implementations of OneSource software experience within SAP S/4 HANA required.

• Experience in integration of SAP Order-to-Cash and Source to Pay with SAP FI required.

• Experience in integration of SAP Supply Chain processes preferred.

• Experience in Medical Device / Life Sciences Industry preferred.

It is Terumo’s policy to provide equal employment opportunity to all its employees and applicants for employment regardless of their race, creed, color, national origin, age, ancestry, nationality, marital or domestic partnership or civil union status, sex, pregnancy, gender identity or expression, disability status, liability for military service, protected veteran status, sexual orientation, atypical cellular or blood trait, genetic information (including the refusal to submit to genetic testing), or any other category protected by law. As a Company, we value diversity of background and opinion, and prohibit discrimination or harassment on the basis of any legally protected class in the areas of hiring, recruitment, promotion, transfer, demotion, training, compensation, pay, fringe benefits, layoff, termination or any other terms and conditions of employment.

Nearest Major Market: New Jersey