Federal Income Tax Senior Manager

Verizon • Basking Ridge, NJ

1d • $103,000 - $180,000 • Hybrid

About The Position

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 Federal Income Tax Sr. Manager position offers opportunities to build your career, while growing your leadership and interpersonal skills. You'll be involved in the complete federal income tax compliance function for a company with over $130B of revenue and a complex structure; and responsible for the administration of OneSource Income Tax, including organization setup, account mapping, ensuring the accuracy of data within the system, troubleshooting, reconciling differences, and the e-file process.

Requirements

• Six or more years of relevant experience required, demonstrated through one or a combination of work and/or military experience, or specialized training.
• Six or more years of federal income tax experience.
• Expertise in OneSource Income Tax, including in-depth experience in an administrator role
• Experience with Microsoft Office, including Excel and PowerPoint.

Nice To Haves

• A Bachelor's degree in Accounting or a related field.
• A CPA, Masters of Tax or Masters of Accounting.
• Experience with OneSource Tax Provision and OneSource Apportionment.
• Effective time management, multitasking and prioritization skills with the ability to be a dynamic team player.
• Solid data management and automation skills required; experience with Alteryx or Qlik is a significant plus.
• Experience with AI tools and utilizing them to drive process improvements and efficiencies.
• Strong interpersonal and leadership skills with proven ability to work with individuals at all levels in a team environment.
• Ability to independently challenge, when needed, while at the same time being supportive and solution-based.
• An ability to navigate and negotiate through conflicting demands to maintain focus on priority objectives while ensuring key stakeholders’ needs are met.
• Ability to lead groups, build consensus, and communicate effectively with all levels of personnel within and outside the organization.
• Strong team leadership, communication, interpersonal and management skills with an executive presence and ability to build relationships with stakeholders in peer/influence models.

Responsibilities

• Reviewing Verizon’s federal tax filings, including its consolidated federal income tax return and associated tax forms.
• Reviewing federal book to tax adjustments (non-fixed asset) for the entire income tax lifecycle, including forecasts, tax provision, tax return, return to provision, cumulative deferred proof and audit support.
• Reviewing federal book to tax adjustments to consider the proper classification and presentation on the federal tax return.
• Calculating federal book-to-tax differences, including necessary data gathering and utilization of a standardized workpaper, as necessary.
• Coordinating with other Senior Managers and Associate Directors as necessary to ensure the accuracy and efficiency of all federal tax processes
• Researching and analyzing a wide range of federal tax positions; prepare memorandums to ensure proper documentation is maintained to adequately substantiate and support tax positions upon audit.
• Providing support and developing and maintaining positive relationships with other tax department professionals.
• Developing and maintaining relationships with various teams throughout Verizon including, but not limited to, Tax Policy, Treasury and FP&A in order to gain compliance, accounting and reporting efficiencies.
• Liaising with the tax planning team to identify and implement tax planning strategies to minimize cash taxes and the effective tax rate.
• Providing support to the audit groups upon request.
• Providing support for the quarterly and year-end tax provision processes.
• Streamlining and optimizing tax processes through the use of various digital finance tools, including Alteryx, Qlik and other technologies.

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
• up to 15 days of vacation per year

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Associate degree