Consultant-State Regulatory Tax Compliance

Verizon • Basking Ridge, NJ

1d • $80,500 - $141,000 • Hybrid

About The Position

This position is responsible for State and Local Regulatory compliance, including the Video Franchise and PEG (Public Education Grants) filings with various Local Franchise Authorities, utilizing financial systems to analyze data, compute payments for an end-to-end compliance cycle while adhering to compliance laws and contractual agreements. This position will also encompass review of surcharge recovery, account reconciliations, projects, and other related tasks.

Requirements

• Bachelor's degree or four or more years of work experience.
• Four or more years of relevant experience required, demonstrated through work and/or military experience.
• Experience in Tax, Finance, or equivalent.
• Experience with tax research, tax accounting, SOX processes, telecommunication taxes, and tax saving strategies.
• Advanced computer skills are required (Excel, Word, PowerPoint).
• Ability to prioritize deliverables with competing timelines.

Nice To Haves

• Bachelor's Degree in Finance or Accounting.
• Proficient with large volume data analysis needed for the preparation and filing of tax returns (i.e.: knowledge of billing systems, etc.).
• Regulatory experience.
• Previous exposure to SAP (or other major General Ledger Suite Software).
• Working knowledge of automation tools (i.e. Alteryx, Qlik, Power BI, Tableau, Gemini, Google Suite, Google App Script) and technical skills.
• Strong oral, written communication skills and analytical skills.

Responsibilities

• Prepare State and Local Regulatory compliance, including Video Franchise and PEG filings, and Business Licenses in an accurate and timely manner in accordance with the applicable laws and regulations for all Verizon-owned companies.
• Understand the impact of new products and offers to update regulatory filings accordingly.
• Analyze Franchise Recovery costs and submit requests to initiate/terminate surcharges accordingly.
• Partner with Regulatory Legal team to review contract renewals for changes to existing payment terms and ensure implementation with the billing team.
• Process payments in accordance with CPS-103 controls, manage liabilities and expenses related to the filings; work with AP, Treasury, and various in-house payment systems.
• Participate in company initiatives, including new product launch, billing IT developments, and legal entity restructuring by communicating Regulatory compliance impacts and requirements.
• Assist with the accounting aspect of the Regulatory function, including review of account reconciliations, accrual journal entries, and understanding surcharge recovery and expense gaps.
• Prepare analysis related to mergers and acquisitions (including due diligence and computing purchase price adjustments), Budgets, Metrics, Cash Forecasting, and other monthly reports.
• Adhere to Sox controls, assist with related audits, billing inquiries, and resolve notices timely and accurately.
• Partner with Regulatory and Tax Legal teams to conduct research as needed to comply with legislative changes and implement best compliance practices.
• Focus on identifying process improvements and streamlining existing procedures to be effective and efficient.

Benefits

• medical, dental, vision, short and long term disability, basic life insurance, supplemental life insurance, AD&D insurance, identity theft protection, pet insurance and group home & auto insurance.
• matched 401(k) savings plan
• up to 8 company paid holidays per year
• up to 6 personal days per year
• paid parental leave
• adoption assistance
• tuition assistance
• premium pay such as overtime, shift differential, holiday pay, allowances, etc.
• up to 15 days of vacation per year

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level