Verizon Senior Tax Analyst in Basking Ridge, New Jersey
What you’ll be doing...
We are committed to providing the highest levels of compliance and you will support our efforts by ensuring the accurate and timely filing of state and local tax returns for our regulated and non-regulated companies. You will also perform a variety of other activities including data analysis, journal entries, account reconciliations, issue resolution, and more. Your work will have a direct impact on our reported financial results and ensure compliance with internal controls and external legislation.
Preparing and filing state and local tax returns in accordance with all laws and regulations.
Mitigating liabilities, and preparing and reconciling local Gross Receipts Tax.
Analyzing financial data and working across finance functions to resolve payment issues.
Assisting leaders with research and audits requiring efficient and detailed analysis.
Responding timely to all requests for data and assessments to minimize potential penalties.
Complying with new legislative changes as issued by state and local taxing authorities.
Responsible for the accurate and timely filing of State and Local Gross Receipts Tax, State & Local Excise Tax, NYC Commercial Rent Tax and PUC Levy Returns for Verizon Regulated and Non-Regulated Companies.
Analyze financial data from Accounts Receivable (Billing Feeds), Revenue Accounting (Gross Receipts) and Corporate Accounting (Journal Entries) to utilize in the tax return preparation.
Preparereturns accurately and timely in accordance with applicable laws, regulations, judicial decisions, and rulings issued.
Investigate and comply with new return requirements, EDI and EFT obligations issued by state and local taxing authorities.
Formulate annual drivers to mitigate our Gross Receipts Tax budget.
Prepare Journal Entries for the Gross Receipts Tax Accruals. Responsible for reconciling all Gross Receipts Tax liability accounts.
Coordinate and resolve any payment issues with Processing, Accounts Payable and Treasury groups. Assist Audit, Research, Tax Technology and other departments as necessary.
Perform special projects, as required, assigned by Senior Manager. These may require detailed analysis and completion in a short time frame.
Answer all internal and external correspondence, such as requests for data and assessments, on a timely basis thereby minimizing the possibility of additional penalties and/or assessments.
What we’re looking for...
You are a whiz with numbers and enjoy digging into details to identify root causes. Communicating complex details in a way everyone understands comes naturally to you. You know how to present your ideas with clarity and confidence, and the fact that you can have a real impact on our business is highly motivating to you.
You’ll need to have:
Bachelor’s degree or four or more years of work experience.
Three or more years of relevant work experience.
State and local tax compliance experience.
Experience with Microsoft Excel and Access.
Even better if you have:
Bachelor’s degree in Accounting, Finance, or related field.
CPA or Master’s degree in Tax.
Experience with large automated systems (i.e., billing, general ledger, and accounts payable).
Automated tax systems experience including Vertex and/or Taxware.
SAP, PeopleSoft, or other major accounting system experience.
Tax research and audit experience.
Bachelor's Degree in Accounting, Finance, related field or equivalent experience required
2+ years experience in the state and local tax compliance with an emphasis in state tax laws and regulations
Must have excellent communication skills both oral and written
Proficient in the use of Microsoft Excel and a working knowledge of Microsoft Office Applications
Desired Skills & Experience:
CPA or Masters degree in taxation
Experience with large automated systems (i.e. billing, general ledger, and a/p)
Familiarity with automated tax systems. (Vertex, Taxware, etc.)
Experienced with SAP, PeopleSoft or other major accounting systems
Tax research and audit experience a plus
When you join Verizon...
You’ll be doing work that matters alongside other talented people, transforming the way people, businesses and things connect with each other. Beyond powering America’s fastest and most reliable network, we’re leading the way in broadband, cloud and security solutions, Internet of Things and innovating in areas such as, video entertainment. Of course, we will offer you great pay and benefits, but we’re about more than that. Verizon is a place where you can craft your own path to greatness. Whether you think in code, words, pictures or numbers, find your future at Verizon.
Equal Employment Opportunity
We're proud to be an equal opportunity employer- and celebrate our employees' differences, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or Veteran status. Different makes us better.