Senior Tax Analyst-Regulatory Tax Compliance

Verizon•Basking Ridge, NJ

3d•Hybrid

About The Position

This position is responsible for regulatory business license compliance filings at the local jurisdictional level, utilizing financial systems to analyze data, review payments for an end-to-end compliance cycle, while adhering to regulatory compliance laws and local business license ordinances/regulations. This position will also encompass review of surcharge recovery, account reconciliations, projects, and other related tasks.

Requirements

Bachelor’s degree or 4 or more years of work experience.
Three or more years of relevant experience required, demonstrated through work experience and/or military experience.
Experience in Tax, Finance, or equivalent.
Advanced computer skills are required (Excel, Word, PowerPoint).
Ability to prioritize deliverables with competing timelines.
Accurately manage deadlines.
Ability to work well independently and in a team.

Nice To Haves

Bachelor’s Degree in Finance or Accounting.
Regulatory experience.
Experience with tax research, tax accounting, SOX processes, telecommunication taxes, and tax saving strategies.
Proficient with large volume data analysis needed for the preparation and filing of tax returns (i.e., knowledge of billing systems, etc.).
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 business license filings to maintain compliance with the various local license authorities and other Regulatory Agencies via an outsourcer, timely and accurately in accordance with applicable laws and regulations for all Verizon-owned companies.
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.
Understand the impact of new products and offers and update business license filings accordingly.
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 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.