Federal Income Tax Senior Manager

Verizon; Basking Ridge (NJ); Hybrid; USD 103,000 - 180,000; Full time

Benefits offered by this job

Health benefits

401(k) match

Paid vacation days

Tuition assistance

Job summary

Verizon is seeking a Senior Manager for the Federal Income Tax group to oversee the consolidated federal return, tax provision, and OneSource administration. You will ensure accurate data, document tax positions, and collaborate across Tax Policy, Treasury and FP&A to drive efficiencies.

The role is hybrid, with defined in-office days and remote work, and emphasizes leadership, data management, and automation using tools like Alteryx and Qlik.

Qualifications

• Six or more years of relevant experience in federal income tax.
• Six or more years of federal income tax experience and OneSource proficiency.
• Experience with OneSource Income Tax administration.

Responsibilities

• Review Verizon’s federal tax filings and related forms.
• Prepare memoranda to substantiate tax positions for audits.
• Coordinate with Tax Policy, Treasury and FP&A for compliance and efficiency.
• Develop and maintain relationships with tax department professionals.

Skills

Leadership

Communication

Education

Bachelor’s degree in Accounting or related field

CPA / Masters of Tax / Masters of Accounting

Tools

OneSource Income Tax

OneSource Tax Provision

OneSource Apportionment

Alteryx

Qlik

Microsoft Excel

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.

At Verizon, we are building a world-class Tax organization. We have begun a comprehensive program to streamline processes, enhance systems, realign the organization and add opportunities for personal skill-building and professional growth. We're finding new ways to add value and provide strategic support. At Verizon, you can become a catalyst for change. This Federal Income Tax Sr. Manager position offers opportunities to build your career, while growing your leadership and interpersonal skills. You'll be involved in the complete federal income tax compliance function for a company with over $130B of revenue and a complex structure; and responsible for the administration of OneSource Income Tax, including organization setup, account mapping, ensuring the accuracy of data within the system, troubleshooting, reconciling differences, and the e-file process.

What you'll be doing...

• Reviewing Verizon's federal tax filings, including its consolidated federal income tax return and associated tax forms.

• Reviewing federal book to tax adjustments (non-fixed asset) for the entire income tax lifecycle, including forecasts, tax provision, tax return, return to provision, cumulative deferred proof and audit support.

• Reviewing federal book to tax adjustments to consider the proper classification and presentation on the federal tax return.

• Calculating federal book-to-tax differences, including necessary data gathering and utilization of a standardized workpaper, as necessary.

• Coordinating with other Senior Managers and Associate Directors as necessary to ensure the accuracy and efficiency of all federal tax processes

• Researching and analyzing a wide range of federal tax positions; prepare memorandums to ensure proper documentation is maintained to adequately substantiate and support tax positions upon audit.

• Providing support and developing and maintaining positive relationships with other tax department professionals.

• Developing and maintaining relationships with various teams throughout Verizon including, but not limited to, Tax Policy, Treasury and FP&A in order to gain compliance, accounting and reporting efficiencies.

• Liaising with the tax planning team to identify and implement tax planning strategies to minimize cash taxes and the effective tax rate.

• Providing support to the audit groups upon request.

• Providing support for the quarterly and year-end tax provision processes.

• Streamlining and optimizing tax processes through the use of various digital finance tools, including Alteryx, Qlik and other technologies.

Where you'll be working...

*** In this hybrid role, you'll have a defined work location that includes work from home and assigned office days set by your manager**

What we're looking for...

You’ll need to have:

• Six or more years of relevant experience required, demonstrated through one or a combination of work and/or military experience, or specialized training.

• Six or more years of federal income tax experience.

• Expertise in OneSource Income Tax, including in-depth experience in an administrator role

• Experience with Microsoft Office, including Excel and PowerPoint.

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

• A Bachelor's degree in Accounting or a related field.

• A CPA, Masters of Tax or Masters of Accounting.

• Experience with OneSource Tax Provision and OneSource Apportionment.

• Effective time management, multitasking and prioritization skills with the ability to be a dynamic team player.

• Solid data management and automation skills required; experience with Alteryx or Qlik is a significant plus.

• Experience with AI tools and utilizing them to drive process improvements and efficiencies.

• Strong interpersonal and leadership skills with proven ability to work with individuals at all levels in a team environment.

• Ability to independently challenge, when needed, while at the same time being supportive and solution-based.

• An ability to navigate and negotiate through conflicting demands to maintain focus on priority objectives while ensuring key stakeholders' needs are met.

• Ability to lead groups, build consensus, and communicate effectively with all levels of personnel within and outside the organization.

• Strong team leadership, communication, interpersonal and management skills with an executive presence and ability to build relationships with stakeholders in peer/influence models.

Where you'll be workingIn 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 Hours40

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

Benefits and CompensationOur 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: $103,000.00 - $180,000.00.