*Relocation Assistance Provided
Business Context
Marriott Vacations Worldwide Corporation is a leading global vacation company that offers vacation ownership, exchange, rental and resort and property management, along with related businesses, products, and services. The Company has over 120 vacation ownership resorts and approximately 700,000 owner families in a diverse portfolio that includes some of the most iconic vacation ownership brands. The Company also operates an exchange network and membership programs comprising of more than 3,200 affiliated resorts in over 90 countries and territories, and provides management services to other resorts and lodging properties. As a leader and innovator in the vacation industry, the Company upholds the highest standards of excellence in serving its customers, investors and associates while maintaining exclusive, long-term relationships with Marriott International, Inc. and an affiliate of Hyatt Hotels Corporation for the development, sales and marketing of vacation ownership products and services.
The vision of Marriott Vacations Worldwide is to strive to build long-lasting relationships with their customers and associates to help them live their lives to the fullest. Innovation. Integrity. Excellence. This is the story of Marriott Vacations Worldwide. And while the company spans brands and businesses, decades and continents, their shared inspiration continues to drive them forward: delivering unforgettable experiences that make vacation dreams come true.
Position Summary
The Senior Vice President, Global Tax is responsible for Marriott Vacations Worldwide’s Corporation (MVW) global tax provision and SEC disclosures for income taxes. The Senior Vice President oversees all United States federal and international tax compliance and tax audits for MVW to ensure accurate and timely filing of returns as well as to identify and implement tax planning strategies that reduce effective tax rate and minimize cash tax costs. The Senior Vice President also leads and manages operations of the U.S. and international direct and indirect tax groups and provides ongoing tax consulting and guidance in support of existing and new business initiatives of the company.
This position will report to the Chief Financial Officer, and based in our corporate headquarters in Orlando, Florida.
Specific Job Summary & Expected Contributions
- Responsible for a team of professionals worldwide that will direct the completion for all tax filing requirements (US federal and state income taxes, Foreign Income and value added taxes, sales and use taxes, and other informational tax reporting) resulting from MVW’s business.
- Managing and ensuring the accuracy of quarterly income tax accrual processes working closely with the financial accounting team. Ensure the integrity and accuracy of data and reports produced in the department, through the systemic monitoring of key performance measures and the auditing of key reports on a sampling basis
- Ensuring that internal controls are designed and operating effectively
- Develop, assess, and implement global tax planning projects to maximizes consolidated financial results and supports business objectives, design process improvements, and oversee and maintain tax advantaged financing structures.
- Responsible for transfer pricing analysis and documentation for MVW’s cross border transactions.
- Lead the implementation of tax strategies within MVW by partnering with business leaders to advise on and implement new strategies and processes to support division level tax initiatives and compliance.
- Manages federal, state and international audits with emphasis on achieving superior results and resolving tax issues in a timely and efficient manner
- Oversee global tax transformation initiatives through tax operations and technology projects
- Reviews US and foreign legislation that may impact MVW's global operations and the development and implementation of appropriate responses and strategies.
- Assists the Senior Vice President, Treasury with tax planning issues to facilitate cash repatriation as well as forecast for cash tax payments.
- Manages contractual obligations under tax sharing agreement with former parent company
- Manages and develops staff through effective and timely supervision, training, performance management and appraisal
Specific Candidate Profile
Education or Certification
- Four-year degree in tax, accounting, business management or related discipline required.
- CPA or J.D preferred
Experience
- Minimum 15 years of with a public accounting firm and/or demonstrated progressive and relevant tax planning and/or tax compliance experience with exposure to complex tax transactions.
- Working knowledge and understanding of U.S. income tax rules including reporting requirements for international transactions, subpart F, and foreign tax credits.
- Working knowledge of income tax treaty provisions (withholding and permanent establishment exposure) cross-border financing, tax efficient repatriation strategies, and transfer pricing.
- An understanding of ASC 740.
Knowledge and Skills
- Able to operate effectively in a complex organization serving MVWC, and the various disciplines serving and facilitating our domestic and international operations and business development.
- Able to work effectively with all levels of management; demonstrated strong relationship building and networking skills.
- Demonstrated leadership and a high degree of decisiveness; effective problem solver and negotiator; highly independent, self-motivated and intellectually curious.
- Demonstrated experience of very high levels of technical proficiency in US and foreign taxation matters; highly proficient in corporate and partnership matters, mergers and acquisitions, and the understanding of the values and pricing of tax attributes, real estate and financial products.
- Demonstrated familiarity with accounting practices and concepts as they relate to tax matters and how transactions are "booked," and a high degree of familiarity with financial products and their use, as well as general financial analytical skills.
- Experience working with third party sourcing arrangements a plus.
- Strong business acumen.
- Outstanding communication skills, both verbal and written.
- Demonstrated ability to communicate complex tax matters to non-tax leaders.
- Knowledge/experience of international business practices a plus.
- Ability to work in a fast-paced environment with attention to detail and manage multiple tasks
- Ability to work independently, take ownership of, and effectively resolve problems
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Marriott Vacations Worldwide is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture.
