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What you'll be doing...At Verizon, we are building a world-class Tax organization. We have begun a comprehensive program to streamline processes, enhance systems, realign the organization and add opportunities for personal skill-building and professional growth. We're finding new ways to add value and provide strategic support. At Verizon, you can become a catalyst for change. This State and Local Income Tax Associate Director position offers opportunities to build your career while growing your leadership and interpersonal skills.
Responsibilities:
Manage the overall state income tax compliance function, including supervising an outsourcing engagement with a Big 4 accounting firm.
Review complex state and local corporate and partnership income tax returns and associated workpapers prepared by the outside firm, on a separate, combined, and/or consolidated basis.
Review state and local income tax estimates, extensions, annual reports and other filings prepared by the outside firm. Manage the tax calendar to ensure compliance with required filings.
Research and analyze a wide range of tax positions, including apportionment methodologies and filing groups, to substantiate and support state tax returns.
Identify and implement tax planning opportunities related to state taxes working collaboratively with other department personnel and external advisors. Prepare memorandums in support of findings.
Assist in evaluating the state tax implications of special project assignments, such as acquisitions, dispositions and restructurings.
Ensure proper documentation is maintained to adequately support the information included on state tax returns upon audit. Liaise with internal stakeholders to respond to audit inquiries.
Work closely with stakeholders to determine the impacts of proposed and newly enacted state tax legislation.
Assist in analyzing the impact of state tax positions under ASC 740 accounting for income taxes.
Maintain multistate expertise by keeping current with the tax code, regulations, and case law related to state income tax.
Manage a team of tax professionals and develop positive relationships with internal and external stakeholders.
You'll need to have:
Bachelor's degree in Accounting or related field or seven or more years of work experience,
Seven or more years of state and local income tax experience.
Experience with Microsoft Office, including Excel and PowerPoint.
Ability to manage, mentor, and develop a team of tax professionals.
Excellent organizational and prioritization skills, with demonstrated attention to detail and ability to meet deadlines.
Experience with OneSource Income Tax, OneSource State Apportionment or OneSource Tax Provision.
Experience with data analysis tools such as Alteryx or Qlik.
Demonstrated ability to identify and implement process improvements and automation utilizing the latest technologies.
CPA certification or advanced degree in Accounting or Tax.
Strong written and verbal communication skills.
Familiarity with Sarbanes Oxley (SOX) Controls.
If Verizon and this role sound like a fit for you, we encourage you to apply even if you don't meet every "even better" qualification listed above.
We're proud to be an equal opportunity employer - and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. At Verizon, we know that diversity makes us stronger. We are committed to a collaborative, inclusive environment that encourages authenticity and fosters a sense of belonging. We strive for everyone to feel valued, connected, and empowered to reach their potential and contribute their best. Check out our diversity and inclusion page to learn more.