Senior Manager State Income Taxes

7 hours ago


Basking Ridge, New Jersey, United States Verizon Full time
About the Role

We are seeking a highly skilled Senior Manager State Income Taxes to join our team at Verizon. As a key member of our Tax organization, you will play a critical role in driving change and innovation in our state income tax function.

Key Responsibilities
  • Manage all aspects of state income taxes, including partnering with a Big 4 accounting firm on a compliance outsourcing engagement.
  • Review state and local corporate and partnership income tax returns and associated work papers prepared by the outside firm, on a separate, combined, and consolidated basis.
  • Review state and local income tax estimates, extensions, annual reports, and other filings prepared by the outside firm.
  • Maintain the tax calendar to ensure compliance with required filings.
  • Assist in analyzing the impact of state tax positions under ASC 740 accounting for income taxes.
  • Research and analyze a wide range of tax positions, including state modifications, tax credits, and incentives, apportionment methodologies, and filing groups to substantiate and support the state tax returns.
  • Assist in the Identification and implementation of tax planning opportunities related to state taxes working collaboratively with other department personnel and external advisors.
  • Model the state tax impacts of those opportunities.
  • Ensure proper documentation is maintained to adequately support the information included on state tax returns upon audit. Liaise with internal stakeholders to respond to audit inquiries.
  • Maintain multistate expertise by keeping current with the latest legislation and case law related to state income tax. Work closely with stakeholders to determine the impacts of proposed and newly enacted state tax legislation.
  • Manage the tracking and response to state tax notices in coordination with the outside firm.
  • Identify opportunities to streamline processes including the integration of acquired businesses.
  • Assist with other tax projects and compliance as needed.
Requirements
  • Bachelor's degree in Accounting or a related field or four or more years of work experience.
  • Six or more years of relevant work experience with state and local income tax.
  • Strong working knowledge of state and local income taxes.
  • Experience with OneSource Income Tax.
  • Experience with Microsoft Office, including Excel and PowerPoint.
  • Excellent organizational and prioritization skills with demonstrated attention to detail and ability to work and meet tight deadlines.
  • Strong written and verbal communication skills to effectively collaborate with internal and external stakeholders.
  • Solid data management and automation skills.
  • Even better if you have one or more of the following:
    • CPA, Master of Tax, or Master of Accounting degree.
    • Experience with OneSource Tax Provision and OneSource State Apportionment.
    • Working knowledge of ASC 740 and FIN 48.
What We Offer

As a Senior Manager State Income Taxes at Verizon, you will have the opportunity to work in a dynamic and collaborative environment, driving innovation and change in our tax function. You will be part of a team that is passionate about delivering exceptional results and making a meaningful impact.

We offer a competitive compensation package, including a salary, bonus, and benefits. You will also have the opportunity to develop your skills and expertise through training and development programs, and to work with a talented and diverse team of professionals.

At Verizon, we are committed to creating a workplace that is inclusive, diverse, and respectful. We believe that our employees are our greatest asset, and we strive to provide a work environment that is safe, healthy, and supportive.

We are an equal opportunity employer, and we welcome applications from qualified candidates who share our values and commitment to excellence.


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