Are you looking to be part of an ambitious journey to shape the future of health, societal sustainability, and planetary wellbeing? Then, this job might be for you!
We are looking for an experienced Tax Manager to contribute to Novo Holdings and Novo Nordisk Foundation’s ramp up in Asia.
Novo Holdings is a holding and investment company that is responsible for managing the assets and wealth of the Novo Nordisk Foundation, one of the world’s largest enterprise foundations.
We are a world-leading life science investor, driven by the purpose of improving people’s health and the sustainability of society and the planet. Since 1999 we have been investing to promote groundbreaking solutions in healthcare and bio-sustainability while generating attractive returns that advance the Novo Nordisk Foundation’s grant-giving activities - supporting scientific, humanitarian, and social causes. As of year-end 2022, Novo Holdings had total assets of EUR 108 billion.
We established our Asian life sciences investment platform in 2020 with an office in Singapore, expanded to Shanghai in 2022, and have a planned 3rd office in Asia. Our teams invest in healthcare companies across the continent. We see tremendous long-term investment opportunities in Asia given the dynamic region and fast-growing life science sector. In Asia, we have built a portfolio of more than 12 high quality investments across various segments of healthcare, life science, and planetary health.
The Job
As Tax Manager, you will support the Head of Tax in managing all tax aspects in Asia related to Novo Holdings investment activities, as well as the tax aspects of new strategic initiatives and corporate structure for the Novo Nordisk Foundation. You will:
- Drive selected tax compliance processes and internal controls in for Novo Holdings and Novo Nordisk Foundation.
- Provide timely tax support to the investment teams throughout the investment process and independently manage all tax aspects related to Novo Holdings investment activities in Asia.
- Provide advice in relation to new investments and corporate structures from a tax perspective and drive selected tax due diligence processes.
- Ensure tax risks and opportunities are well understood, monitors the quality of technical advice/opinions, and tax ruling submissions.
- Implement and maintain tax policies and guidelines in internal investment processes.
- Drive tax compliance processes and internal controls in Asia.
- Monitor and drive compliance with corporate tax legislation in all relevant jurisdictions.
- Have extensive knowledge on financial legislative issues, within taxation.
- Proactively monitor changes on tax laws or administrative practice on relevant to investments in Asia across different investment types (direct investments, co-investments and funds).
- Identify best-in-class tax advisors to support the specific needs of the investment teams and maintain external partnerships to ensure advisors deliver the best service.
- Support the Head of Tax on the Responsible tax agenda.
- Participate in the technology initiatives for process improvement, proactively streamlining procedures and reporting.
- Build and maintain strong relationships with colleagues from Finance, legal and other Corporate Services functions.
- From time to time, you may be required to collaborate on an ad-hoc basis with other Finance Teams (i.e. Accounting, Investment Operations).
In this role, you will be reporting to the Head of Tax (based in Denmark) and Managing Partner, Head of Asia (based in Singapore).
- ·A minimum of 8 years’ investment-related tax experience in Asia.
- A Bachelor degree in Accounting/Law/Economics/Business Administration or comparable professional qualifications.
- Experience in investments / private equity industry or similar is strongly preferred.
- High level of IT skills within Microsoft office; Excel and PowerPoint in particular.
- A self-starter with ability to drive and manage workstreams independently with minimal guidance.
- Demonstrated a hands-on approach to and success in working in a team-based environment.
- Attention to detail and high level of accuracy in quality of work.
- Excellent communication and interpersonal skills.
- Ambitious, proactive and with a structured approach to task-handling and problem-solving.
- Intellectual quickness, curiosity, discipline, resourcefulness, and resilience.
Working at Novo Holdings
Our work environment is driven by purpose and values, and we strive to be recognised by our stakeholders and people as an exceptional enterprise. We offers a unique opportunity to work at an impactful and visionary organisation that provides resources and staying power to pursue substantial proposals that enable us to meet our strategic goals.
You will enjoy the opportunity to be part of a dedicated, international and dynamic team with diverse backgrounds and be trusted with significant operational freedom. We are committed to promoting a diverse and inclusive workplace, and therefore recruit with the purpose of hiring the best talent who can contribute with their unique perspectives and experience to make a positive impact on people’s health and the sustainability of society and the planet.
We employ over 160 professionals from various nationalities and backgrounds, all sharing the same goal: to generate attractive long-term returns on the assets of the Novo Nordisk Foundation. Our teams operate from offices in Copenhagen, London, Boston, San Francisco, Singapore and Shanghai.
Application and Information
If you have any questions please contact Head of Tax, Emil Christensen at e-mail: [email protected]
We encourage you to apply as soon as possible and no later than 7 March 2024. To apply, please send your CV by clicking on the “Apply” button.
For further information visit www.novoholdings.dk
