Senior Manager, Personal Property Tax Leader

$79,800 - $148,000/Yr

BMO - Chicago, IL

Full-time - Senior

Hybrid - Chicago, IL

Credit Intermediation and Related Activities

About the position

The BMO Vehicle and Equipment Finance Personal Property Tax Leader is responsible for overseeing U.S. personal property tax for all BMO VEF equipment finance portfolios. This role requires a deep understanding of multistate personal property law and compliance management. The leader will ensure the timely filing of all personal property tax returns, the accuracy of all related assessments, and the prompt payment of all personal property taxes associated with BMO Vehicle & Equipment Finance. The position is primarily based out of the Milwaukee or Chicago offices, but remote talent from Wisconsin, Illinois, Indiana, or Michigan will also be considered. In this role, the leader will foster a culture aligned with BMO's purpose, values, and strategy, serving as a role model for BMO's values and behaviors. They will ensure alignment between values and behaviors that promote diversity and inclusion within the team. The leader will regularly connect their work to BMO's purpose, set inspirational goals, define clear expected outcomes, and ensure accountability for follow-through. They will build interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders. The Personal Property Tax Leader will attract, retain, and enable the career development of top talent, improve team performance, recognize and reward performance, coach employees, support their development, and manage poor performance. They will act as a trusted advisor to assigned business groups, influencing and negotiating to achieve business objectives. The leader will recommend and implement solutions based on thorough analysis of issues and implications for the business, assist in the development of strategic plans, and identify emerging issues and trends to inform decision-making. Additionally, the leader will oversee and support the personal property tax compliance and tax return processes, manage audits, and prepare responses to queries from tax authorities. They will provide input into the planning and implementation of tax accounting, reporting, and compliance programs, and support the maintenance of the database and records management of all required filings and other tax compliance activities. The leader will also research and identify position statements on current and proposed tax-related issues, analyze data to provide taxation insights, and collaborate with internal and external stakeholders to collect and provide tax information for related accounting entries, tax provision, compliance, and audits. They will monitor compliance with tax policies and procedures to ensure the completeness and accuracy of financial information, and execute work to deliver timely, accurate, and efficient service.

Responsibilities

• Oversee U.S. personal property tax for all BMO VEF equipment finance portfolios.
• Ensure timely filing of all personal property tax returns and correctness of related assessments.
• Manage timely payment of all personal property tax related to BMO Vehicle & Equipment Finance.
• Foster a culture aligned to BMO purpose, values, and strategy.
• Build interdependent teams that collaborate across functional and operating groups.
• Attract, retain, and enable the career development of top talent.
• Improve team performance and manage poor performance.
• Act as a trusted advisor to assigned business/group.
• Influence and negotiate to achieve business objectives.
• Recommend and implement solutions based on analysis of issues.
• Assist in the development of strategic plans and identify emerging issues.
• Support execution of strategic initiatives in collaboration with stakeholders.
• Conduct independent analysis to resolve strategic issues.
• Oversee personal property tax compliance and tax return processes.
• Manage audits and prepare responses to tax authority queries.
• Provide input into tax accounting, reporting, and compliance programs.
• Support maintenance of database and records management for tax compliance activities.
• Research and identify position statements on tax-related issues.
• Analyze data to provide taxation insights and recommendations.
• Collaborate with stakeholders to collect and provide tax information.
• Monitor compliance with tax policies and procedures.
• Execute work to deliver timely, accurate, and efficient service.

Requirements

• Bachelor's degree in accounting, finance, or related field.
• Master's in Accounting, MST, or JD preferred.
• 7+ years of personal property tax experience including compliance management.
• Working knowledge in the application of personal property tax to equipment finance contracts including leases.
• Working knowledge in the application of tax accounting concepts.
• Working knowledge of specialized PPT software.
• Deep knowledge and technical proficiency in tax research skills.
• In-depth verbal and written communication skills.
• In-depth collaboration and team skills.
• In-depth analytical and problem-solving skills.
• In-depth influence skills.
• In-depth data-driven decision-making skills.

Benefits

• Health insurance
• Tuition reimbursement
• Accident and life insurance
• Retirement savings plans
• Performance-based incentives
• Discretionary bonuses
• Other perks and rewards