Senior Manager, Tax

Merchants Bank of Indiana • Carmel, IN

11d

About The Position

The Senior Manager, Tax is a hands-on tax subject-matter expert responsible for managing and executing the organization’s federal and state income tax work, tax accounting, compliance, planning, and related activities. The role independently evaluates complex tax matters, researches details, identifies solutions, and drives work through completion. The Senior Manager partners with Accounting and Finance leadership, business partners, and external tax advisors to support accurate, timely tax reporting and compliance and to identify opportunities to improve the organization’s tax position.

The position manages current and deferred income tax accounting and provision activities, leads income tax provision preparation and review under ASC 740, and applies tax accounting across the Bank’s businesses and ancillary investments. It coordinates external tax-advisor work while retaining internal ownership of deliverables; researches federal corporate tax matters; monitors tax-law changes; and manages tax notices, inquiries, examinations, and audits. The role also reviews investment tax information, develops expertise in Low-Income Housing Tax Credit accounting and other tax-credit investments, evaluates tax-planning opportunities, and provides tax analysis for transactions, investments, products, and business initiatives. It maintains tax documentation and controls, owns tax projects through execution, and serves as a tax resource to leadership and other parts of the organization.

Requirements

• 7+ years of progressive corporate income tax experience in public accounting and/or a corporate tax environment.
• Bachelor’s degree in Accounting, Finance, Taxation, or a related field.
• Strong federal corporate income tax knowledge and practical experience.
• Strong understanding of ASC 740 and income tax provision accounting.
• Experience with corporate tax returns, tax provisions, tax research, and tax planning.
• Demonstrated ability to independently research complex tax matters, develop recommendations, and execute solutions.
• Ability and willingness to work at both the technical-detail and broader business level.
• Strong analytical, organizational, communication, and project-management skills.
• Demonstrated ability to work effectively with external tax advisors and internal business partners.

Nice To Haves

• Experience with publicly traded organizations.
• Banking, financial services, mortgage, specialty finance, or other complex financial-services tax experience.
• Prior public accounting experience, particularly with a Big Four or other national accounting firm.
• Experience with partnership taxation, K-1s, LIHTC, tax-credit investments, and/or real estate taxation.
• CPA.

Responsibilities

• Manage and perform federal and state income tax accounting activities, including current and deferred income tax calculations.
• Lead the preparation and review of the income tax provision in accordance with ASC 740, including analysis of book-to-tax differences and deferred tax assets and liabilities.
• Apply appropriate tax accounting across the Bank’s businesses and ancillary investments, accounting for GAAP and tax accounting differences.
• Coordinate with external tax advisors on federal and state income tax returns, planning, technical matters, and projects while maintaining internal ownership of deliverables.
• Research federal corporate income tax matters and translate technical requirements into practical recommendations.
• Monitor changes in federal and state tax law and assess their impact on the organization.
• Manage federal and state tax notices, inquiries, examinations, and audits, partnering with external advisors as appropriate.
• Review K-1s and other investment tax information and evaluate their impact on the organization’s tax position.
• Develop expertise in Low-Income Housing Tax Credit accounting and other tax-credit investments relevant to the organization.
• Identify, evaluate, and execute tax-planning opportunities and available tax credits.
• Provide tax analysis for transactions, investments, new products, and business initiatives.
• Partner with Accounting, Finance, and business leaders to evaluate current and deferred tax implications.
• Maintain tax documentation, workpapers, controls, schedules, and supporting analysis.
• Own tax projects from initial research and analysis through recommendation and execution.
• Serve as a tax subject-matter resource to leadership and other areas of the organization.
• Learn about the Bank’s areas of business and their impact on current and deferred tax.

Benefits

• Medical coverage
• Dental coverage
• Vision coverage
• 401(k)
• Employee Stock Ownership Plan (ESOP) participation
• Generous paid time off
• Wellness resources
• Tuition Assistance Program covering 100% of eligible tuition expenses, required books, and materials

What This Job Offers

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