Consultant-Regulatory Tax

Verizon; Basking Ridge (NJ); Hybrid; USD 81,000 - 141,000; Full time

Benefits offered by this job

Health benefits

401(k) matching

Paid time off

Tuition assistance

Job summary

Verizon is seeking a Regulatory Compliance professional to handle filings for Wireless and Wireline, research statutes, and support surcharge recovery. You will prepare filings with the FCC and state agencies, analyze data, and drive process improvements in a SOX-controlled environment.

This hybrid role requires 4+ years in tax, audit, or accounting, plus strong Excel, Word, and PowerPoint skills. You will collaborate with AP, Treasury, and in‑house teams, and contribute to budgets, audits, and

Qualifications

• Bachelor's degree or four or more years of relevant work experience.
• Four or more years of relevant work experience required, demonstrated through work and/or military experience.
• Experience in tax, audit, or accounting.
• Analytical skills to interpret data trends.
• Advanced computer skills are required (Excel, Word, Power Point).

Responsibilities

• Prepare and/or review Regulatory filings which include those filed with the FCC, Federal and State Regulatory Agencies, and third party fund administrators for Verizon owned companies to ensure that they are accurately and timely filed in accordance with applicable laws, regulations, judicial decisions, and rulings.
• Prepare payments and manage the liabilities and expenses related to the tax returns; work with AP, Treasury and various in-house payment systems.
• Analyze large volumes of data.
• Conduct research and appropriately apply statutes and laws to service offerings and yield correct compliance reporting and surcharge billings.
• Prepare tax memorandums to document issues, research and work performed, and resolutions.
• Review and process regulatory surcharge determinations for new charges created for customer billing.
• Provide surcharge estimates for Request for Proposals.
• Work on and manage projects that include implementation of billing solutions, cost savings strategies, and process improvements to enhance the compliance process.
• Work with the accounting aspect of the Regulatory function, including assistance with preparation of account reconciliations, review of accrual journal entries, and understanding and monitoring of surcharges and expenses.
• Research and respond to inquiries regarding surcharge application and computations on customer invoices.
• Compile the annual budget and monthly cash forecasts.
• Assist with analysis related to mergers and acquisitions (including due diligence and computing purchase price adjustments).
• Ensure adherence to all SOX controls.
• Assist with all Regulatory related audits, as needed.
• Focus on identifying process improvements and streamlining existing procedures.

Skills

Analytical skills

Education

Bachelor's degree or four+ years experience

Tools

Excel

Word

PowerPoint

Job description

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 #VTeamLife.

What you'll be doing...

This position is responsible for the handling of Regulatory compliance for Verizon's Wireless & Wireline businesses. Job function will include preparation of compliance filings and supporting workpapers; research and interpretation of statutes and laws; establishing charges for billing; analysis of accounting entries and surcharge recovery; research of customer inquiries; involvement with process improvements such as automation; other special projects.

Responsibilities:

• Prepare and/or review Regulatory filings which include those filed with the FCC, Federal and State Regulatory Agencies, and third party fund administrators for Verizon owned companies to ensure that they are accurately and timely filed in accordance with applicable laws, regulations, judicial decisions, and rulings.
• Prepare payments and manage the liabilities and expenses related to the tax returns; work with AP, Treasury and various in-house payment systems.
• Analyze large volumes of data.
• Conduct research and appropriately apply statutes and laws to service offerings and yield correct compliance reporting and surcharge billings.
• Prepare tax memorandums to document issues, research and work performed, and resolutions.
• Review and process regulatory surcharge determinations for new charges created for customer billing.
• Provide surcharge estimates for Request for Proposals.
• Work on and manage projects that include implementation of billing solutions, cost savings strategies, and process improvements to enhance the compliance process.
• Work with the accounting aspect of the Regulatory function, including assistance with preparation of account reconciliations, review of accrual journal entries, and understanding and monitoring of surcharges and expenses.
• Research and respond to inquiries regarding surcharge application and computations on customer invoices.
• Compile the annual budget and monthly cash forecasts.
• Assist with analysis related to mergers and acquisitions (including due diligence and computing purchase price adjustments).
• Ensure adherence to all SOX controls.
• Assist with all Regulatory related audits, as needed.
• Focus on identifying process improvements and streamlining existing procedures.

What we're looking for...

You'll need to have:

• Bachelor's degree or four or more years of relevant work experience.
• Four or more years of relevant work experience required, demonstrated through work and/or military experience.
• Experience in tax, audit, or accounting.
• Analytical skills to interpret data trends.
• Advanced computer skills are required (Excel, Word, Power Point).

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

• Regulatory experience.
• Experience with tax accounting, tax research, SOX processes, telecommunication taxes, and tax saving strategies.
• Proficiency in using SQL.
• Understanding of tax law, compliance procedures, accrual methodology, and tax initiatives * Familiarity with the data requirements needed for the preparation and filing of tax returns (ie: knowledge of billing systems, etc.).
• Previous exposure to SAP (or other major General Ledger Suite Software).
• Ability to use analytical software such as, but not limited to, Alteryx, Qlik, and Google Cloud Platform (GCP).
• Knowledge of artificial intelligence (ie: "BOTS") technical skills.
• Prior experience handling audits.
• Ability to prioritize deliverables with competing timelines and meet deadlines.
• Ability to work equally well both independently and while working within a team.

Where you'll be working

In this hybrid role, you'll have a defined work location that includes working from home and a minimum of three days per week in the office, which will be set by your manager. Employees are responsible for maintaining compliance with hybrid work policies.

Scheduled Weekly Hours

40

Equal Employment Opportunity

Verizon is an equal opportunity employer. We evaluate qualified applicants without regard to veteran status, disability or other legally protected characteristics.

Benefits and Compensation

Our benefits are designed to help you move forward in your career, and in areas of your life outside of Verizon. From health and wellness benefit options including: medical, dental, vision, short and long term disability, basic life insurance, supplemental life insurance, AD&D insurance, identity theft protection, pet insurance and group home & auto insurance. We also offer a matched 401(k) savings plan, up to 8 company paid holidays per year and up to 6 personal days per year, paid parental leave, adoption assistance and tuition assistance, plus other incentives, we've got you covered with our award-winning total rewards package. Depending on the role, employees have the opportunity to receive compensation in the form of premium pay such as overtime, shift differential, holiday pay, allowances, etc. Newly hired employees receive up to 15 days of vacation per year, which grows with additional service. For part-timers, your coverage will vary as you may be eligible for some of these benefits depending on your individual circumstances.

The salary will vary depending on your location and confirmed job-related skills and experience. This is an incentive based position with the potential to earn more. For part-time roles, your compensation will be adjusted to reflect your hours.The annual salary range for the location(s) listed on this job requisition based on a full-time schedule is: $80,500.00 - $141,000.00.