Vice President, Tax and Treasury

Boston, MA

DraftKings Inc. (Nasdaq: DKNG) is a digital sports entertainment and gaming company. It’s simple, at DraftKings, we believe life’s more alive with skin in the game. For that reason, we’re committed to responsibly creating the world’s favorite games and betting experiences. Headquartered in Boston, MA, with offices around the globe, we believe we can continue to define what it means to be a technology company in sports entertainment. We love what we do, and think you will too.

The strategy behind the game.
The Vice President of Tax and Treasury will create and execute the vision for DraftKings’ tax strategy. This includes developing tax objectives, communicating them to company leadership and providing oversight to the tax team. DraftKings is a fast paced and growing company in a new and exciting industry.

What you’ll do as a VP of Tax and Treasury:

  • Effectively communicate tax objectives, developments and strategies to company leadership.
  • Oversee all tax compliance and related research, including approval of 3rd party work product.
  • Actively partner with Tech operations to upgrade customer tax reporting and related processes.
  • Draft tax provisions, memos, and footnotes in connection with the company’s quarterly financial statements.
  • Manage the company’s worldwide effective tax rate and related objectives.
  • Scale and automate the Company’s banking operations, including 3rd party integrations.
  • Oversee all tax audits and examinations, including escheatment reviews, partnering with compliance and legal.
  • Maximize return on investment for cash while minimizing leakage and negative FX impacts.
  • Introduce and maintain robust detective and preventive controls for tax and treasury re. SOX 404.
  • Maintain in-depth, current knowledge of U.S. tax developments impacting the Company.
  • Properly allocate resources to support tax directives and strategies.
  • Support cross-functional objectives for SARS, Section 125, FACTA, FINCEN and AML.

What skills you will use:

  • You have at least 8 years technical experience via a combination of Public Accounting, Law & in-house Law positions.
  • 8 years of leadership responsibilities in a treasury / tax department within a global, publicly traded company, including 4 years serving as Department head.
  • CPA and either an MST or JD.
  • 3+ years’ international experience including but not limited to GILTI, BEAT, CFC, Transfer pricing, Intellectual property, Indirect taxation and related areas.
  • Extensive knowledge of IRC with practical experiences relevant to our business.
  • Familiarity with EU and other international tax requirements.
  • Ability to influence decision-making at all levels of management.
  • Experience working for a large Technology company is a plus.
  • Experience implementing repeatable, competitive, low-risk strategies on balances > $500M w/ tier1 partners.
  • Cleanly processing > $3B in treasury transactions per annum.
  • Repatriation strategies and protocols, including required withholdings/reporting.
  • Treasury controls and COSO framework for SOX 404b, AML, FINCEN, FACTA and similar.
  • Experience expanding the depth and scope of banking partners on a compressed timeline.
Who are we a good fit for?
We love working with talented people but more than that, we seek out compassionate co-workers with a collaborative spirit. Our work moves quickly and we’re great at coming together to find creative solutions to some of tech’s most interesting problems. If that sounds good to you, join us.

Apply now
As a technology company at our core, DraftKings believes that the best innovation comes from diverse perspectives, thoughts, beliefs, ideas, and experiences. We consistently push boundaries and challenge the conventional to ensure our culture and products reflect the expectations of our employees, and the customers we serve.

We’re proud to believe that your gender, race, nationality, religion, sexual orientation, status as a protected veteran, or status as an individual with a disability should have nothing to do with our hiring practices. We’ll never discriminate against anyone’s background or creed. If you’re good at what you do, we want you to do it at DraftKings.

You may be required to become licensed through applicable regulatory agencies.

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