Associate Director Federal Income Tax Compliance

Verizon Communications - Basking Ridge, NJ

Full-time - Mid Level

Remote - Basking Ridge, NJ

Telecommunications

About the position

The Associate Director - Federal Income Tax Compliance at Verizon is responsible for managing the overall federal income tax compliance function for a large organization with over $130 billion in revenue. This role involves overseeing the preparation of federal tax returns, ensuring compliance, and driving process improvements through automation and digital tools. The position offers opportunities for personal and professional growth while leading a team of tax professionals and collaborating with various departments to enhance tax processes.

Responsibilities

• Manage the overall federal income tax compliance function for a company with over $130B of revenue.
• Ownership of the federal tax return preparation process in OneSource Income Tax.
• Oversee the preparation of all federal income tax, insurance tax, and foundation tax returns, including estimates and extensions.
• Review all of Verizon's federal tax filings, including its consolidated federal income tax return.
• Manage timeline and delivery of a comprehensive executive review package.
• Coordinate with other Associate Directors and Senior Directors to ensure accuracy and efficiency of all federal tax processes.
• Manage federal tax liability and ensure correct tax payments throughout the year.
• Liaise with the tax planning team to identify and implement tax planning strategies.
• Provide support to the federal audit team upon request.
• Support quarterly and year-end tax provision processes.
• Develop and maintain relationships with various teams throughout Verizon for compliance and reporting efficiencies.
• Streamline and optimize tax processes using digital finance tools like Alteryx and Qlik.
• Manage a team of tax professionals and develop positive relationships with stakeholders.

Requirements

• Bachelor's degree or four or more years of work experience.
• Eight or more years of relevant experience in tax compliance or related fields.
• Strong working knowledge of federal income taxes.
• Experience with OneSource Income Tax.
• Proficiency in Microsoft Office, including Excel and PowerPoint.
• Ability to manage, mentor, and develop a team of tax professionals.
• Strong verbal and written communication skills.
• Excellent organizational and prioritization skills with attention to detail.

Nice-to-haves

• A CPA, Masters of Tax, or Masters of Accounting.
• Experience with OneSource Tax Provision and OneSource Apportionment.
• Solid data management and automation skills; experience with Alteryx or Qlik is a plus.
• Strong interpersonal and leadership skills with proven ability to work in a team environment.
• Ability to independently challenge while being supportive and solution-based.
• Ability to lead groups, build consensus, and communicate effectively with all levels of personnel.
• Previous people management experience.

Benefits

• Hybrid work environment with defined work location.
• Opportunities for personal skill-building and professional growth.