Director, Tax Planning & Senior Tax Counsel

LMCareers Business Unit

CORPORATE HEADQUARTERS

Security Clearance

None

Job Description

Lockheed Martin's Corporate Tax organization within Enterprise Operations is seeking candidates for one of the Tax Counsel Director positions. If you're looking for a change and thrive on strategic thinking, people development, leading change management and proactive solutioning, we want to talk to you.

This position will be responsible for, but not limited to the following:


Tax research and planning regarding the U.S. and foreign tax aspects of the Corporations business operations and activities.

Develop, document and implement tax-efficient structures for acquisitions, dispositions, JVs, partnerships, financings, and restructurings, including interaction with Corporate and business unit management, Lockheed Martins outside counsel, investment bankers, and counsel for the other party to the transaction where appropriate.

Defend tax controversies (including IRS Audit and state income tax audits) and prosecute tax refund proceedings in administrative appeals and litigation.

Monitor, model and advise on tax legislation/regulations/other tax guidance that could impact the Corporations business operations.

Under the leadership of the V.P, Taxes & General Tax Counsel and in coordination with Government Affairs, coordinate and direct the Corporations tax legislative strategy.

Advise business units on legal and contractual structure of contracts and business operations to minimize tax liabilities and enhance competitiveness of the Corporations. operations.

Oversee tax advice to international programs via the IBNS system and recommend appropriate organizational structures to obtain the most favorable tax consequences in each country where business is or proposed to be conducted by Lockheed Martin.

Direct ASC 740 and ASC 450 evaluations of uncertain positions, including assessment of reserve analysis and interaction with Corporate Accounting in tax reserve analysis.

Advise management, Human Resources, Shared Services and Corporate Legal regarding tax aspects of executive compensation and employee benefits, including section 162(m) (million-dollar cap), 280G (golden parachutes), 409A (nonqualified deferred compensation), and the deductibility, withholding & reporting, and includability of benefits and compensation. This does not include responsibility for ERISA or plan qualification issues, which are handled in the Law Department.

Lead the direct efforts of three tax attorneys and possibly a couple tax accountants and actively develop their technical skills and Full Spectrum Leadership qualities.

Where applicable, direct the efforts of outside counsel and consultants.

Basic Qualifications

JD degree from accredited law school
Admitted in good standing to bar of at least one state
Substantial knowledge of and experience with US & foreign tax laws
Experience advising multinational corporations on tax efficient structures under US and foreign law
Familiarity with rules governing accounting for income taxes
Effective verbal and written skills
High level of personal and professional integrity
Transactional and litigation experience
Ability to work in collaborative environment
Proven decision-making ability
Demonstrated ability to multi-task and handle multiple, sometimes conflicting priorities
Leadership experience managing tax attorneys and/or tax accountants; leading large scale projects

Other Important Information

By applying to this job, you are expressing interest in this position and could be considered for other career opportunities where similar skills and requirements have been identified as a match. Should this match be identified you may be contacted for this and future openings.

Work Schedule Information

Lockheed Martin supports a variety of alternate work schedules that provide additional flexibility to our employees. Schedules range from standard 40 hours over a five day work week while others may be condensed. These condensed schedules provide employees with additional time away from the office and are in addition to our Paid Time off benefits.

Work Schedule

4x10 hour day, 3 days off per week