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Senior Manager Federal Income Tax

Verizon

Verizon

Basking Ridge, Bernards, NJ, USA
Posted on Dec 14, 2024

When you join Verizon

You want more out of a career. A place to share your ideas freely — even if they’re daring or different. Where the true you can learn, grow, and thrive. At Verizon, we power and empower how people live, work and play by connecting them to what brings them joy. We do what we love — driving innovation, creativity, and impact in the world. Our V Team is a community of people who anticipate, lead, and believe that listening is where learning begins. In crisis and in celebration, we come together — lifting our communities and building trust in how we show up, everywhere & always. Want in? Join the V Team Life.

What you’ll be doing...

  • Involvement in the complete federal income tax function for a company with over $130B of revenue and a complex structure.

  • Reviewing federal tax calculations and 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 tax calculations and adjustments to consider their financial statement impact under ASC 740 when applicable, such as the deferred tax balance included on the financial statements.

  • Reviewing federal book to tax adjustments to consider the proper classification and presentation on the federal tax return.

  • Analysis, calculations and support for a wide range of federal tax positions, including pension and benefits adjustments, Section 163(j) and CAMT.

  • Coordinating with other Senior Managers and Associate Directors as necessary to ensure the accuracy and efficiency of all federal tax processes

  • Research and analyze a wide range of federal tax positions; prepare memorandums to ensure proper documentation is maintained to adequately substantiate and support tax positions upon audit.

  • Provide support and develop and maintain 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.

Where you'll be working...

*** In this hybrid role, you'll have a defined work location that includes work from home and assigned office days set by your manager**


What we’re looking for…

You’ll need to have:

  • Bachelor’s degree in Accounting or a related field or four or more years of work experience.

  • Six or more years of relevant experience required, demonstrated through one or a combination of work and/or military experience, or specialized training.

  • Experience with Microsoft Office, including Excel and PowerPoint

  • Experience with OneSource Income Tax and/or OneSource Tax Provision

  • Effective time management, multitasking and prioritization skills with the ability to be a dynamic team player

Even better if you have one or more of the following:

  • A CPA, Masters of Tax or Masters of Accounting.

  • Experience with OneSource Apportionment

  • Solid data management and automation skills required; experience with Alteryx or Qlik is a significant plus.

  • 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.

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.

Where you’ll be working

In this hybrid role, you'll have a defined work location that includes work from home and a minimum eight assigned office days per month that will be set by your manager.

Scheduled Weekly Hours

40

Equal Employment Opportunity

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.