Head of Tax and Treasury

The Head of Tax and Treasury at Benchling is responsible for developing and implementing tax strategies, managing compliance for various tax filings, leading cash flow management and analysis, and serving as a trusted advisor across the organization regarding tax matters. This includes overseeing international tax structuring, transfer pricing compliance, and collaborating across teams to evaluate tax implications for new products. Additionally, this role manages relationships with banking partners and optimizes liquidity across global entities.

To qualify for the Head of Tax and Treasury role at Benchling, candidates typically need over 8 years of tax experience, ideally with Big 4 exposure and a background in enterprise SaaS companies. A JD, CPA, or LLM in taxation is required, and strong knowledge of federal, state, and local tax laws is essential. Familiarity with treasury operations, excellent communication skills, and proficiency in tools such as NetSuite and Excel will also be beneficial.

At Benchling, the Head of Tax and Treasury has access to a collaborative environment where they work closely with senior partners in accounting, HR, and legal teams. Support includes resources for cash flow management, tax provision completion, and staying abreast of regulatory changes. Additionally, the company values diversity and inclusion, ensuring a supportive workplace that fosters growth and innovative thinking.

Benchling promotes a flexible hybrid work culture that encourages in-office collaboration three days a week. The atmosphere is dynamic and innovative, thriving on contributions from diverse backgrounds. The Head of Tax and Treasury will engage with cross-functional leadership to align strategies and ensure that the tax and treasury objectives support the overall business goals, contributing to a collaborative and inclusive culture.

Benchling offers a competitive total rewards package for the Head of Tax and Treasury, including a base salary range of $161,500 to $218,500, which is determined based on skills and experience. Employees also enjoy a range of medical, dental, and vision plans, along with generous parental leave, retirement plans, mental health benefits, and wellness stipends, all designed to support both professional and personal well-being.

When answering this question, focus on specific examples from your past roles. Highlight any frameworks you developed for tax planning and how those strategies have positively impacted the organization. Emphasize your analytical skills and ability to collaborate with cross-functional teams to implement these strategies effectively.

Discuss the strategies you use to stay informed, such as attending tax seminars, subscribing to relevant publications, or engaging with professional networks. Show your proactive approach towards regulatory updates and how you ensure compliance within your team.

Outline your approach to building and maintaining strong relationships with external advisors, including how you set expectations and define communication protocols. Provide an example that demonstrates your success in leveraging these relationships effectively to achieve favorable tax outcomes.

Share your methodical approach to tax audits, including preparation strategies, documentation management, and how you communicate with auditors. Stress your ability to remain calm under pressure and how your thorough understanding of tax regulations helps navigate these situations.

When tackling this question, discuss the tools and methodologies you utilize for forecasting. Include specific metrics you track, any historical data you analyze, and your collaboration with the finance team to improve accuracy and inform decision-making.

Use the STAR (Situation, Task, Action, Result) framework to detail a specific example of a compliance challenge. Describe your assessment of the situation, the actions you took to resolve the issue, and the outcome, showcasing your problem-solving abilities and attention to detail.

Detail your experience with transfer pricing compliance and planning, including any relevant projects you've led or participated in. Emphasize your collaboration with external advisors and internal stakeholders and your understanding of BEPS standards in shaping transfer pricing strategies.

Demonstrate your project management skills by sharing examples of how you prioritize tasks based on their impact and urgency. Discuss any tools or methodologies you use to track progress and ensure timely delivery while maintaining accuracy and quality.

Explain your strategy for simplifying complex tax concepts and ensuring clarity when communicating with non-financial teams. Share an example where you successfully conveyed tax implications to a diverse audience, reinforcing your communication skills.

Convey genuine enthusiasm for Benchling's mission and its innovative approach to biotechnology. Discuss how your values and career goals align with the company's vision, and express your eagerness to contribute to its tax and treasury strategies, supporting its growth in the biotech industry.