Senior Manager, Federal Tax Planning

Capital One Group; McLean (VA); Hybrid; USD 178,000 - 203,000; Full time

Job summary

Capital One is seeking a Senior Manager of Federal Tax Planning in McLean, VA. This hybrid role partners with business units, treasury, accounting, finance and legal to identify and implement federal tax planning initiatives, manage risk, and support enterprise initiatives.

The candidate will lead a team, coordinate with outside counsel, and contribute to ASC 740 processes and federal audits. Required qualifications include a CPA or equivalent, law degree and extensive federal tax planning

Qualifications

• Bachelor’s in Accounting or Military Experience
• At least 6 years of tax experience in an accounting firm or public company or law firm
• Masters of Law in Taxation (LLM) preferred
• CPA certification preferred
• Juris Doctor from an accredited law school preferred
• 8+ years of federal tax planning experience
• Financial institution tax experience preferred
• Technical knowledge of U.S. partnership income tax law preferred
• International tax experience including GILTI, BEAT, foreign tax credits and related topics preferred

Responsibilities

• Identify, evaluate, and drive implementation of federal tax planning initiatives aligning with business objectives
• Research and evaluate tax implications of enterprise-wide transactions and advise business units
• Coordinate tax implications with outside counsel on complex matters
• Manage, direct and develop federal tax planning associates
• Collaborate with tax reporting and controversy teams on transactions and planning, supporting ASC 740 and federal audits
• Provide oversight and planning for federal tax credits programs and related incentives

Job description

Senior Manager, Federal Tax Planning### Senior Manager, Federal Tax PlanningApply: McLean, VA: Full time: Posted Today: R1005341Senior Manager, Federal Tax Planning**Overview:**Capital One is reshaping how financial services operate at the intersection of technology, finance, and strategy. We are seeking a high-caliber tax strategist with the technical precision, executive presence, crisp execution and an adaptive mindset required to translate intricate financial transactions into actionable business solutions in a non-routine, dynamic environment. This professional will report to the Director of Federal Tax Planning as part of the Tax Planning team which is responsible for seamless connecting tax strategy with core enterprise initiatives. **Function:**Interact and partner with business units, treasury, accounting, finance, and legal functions to identify, research and implement tax planning opportunities, manage tax risk, and support corporate wide initiatives and transactions. **Responsibilities:*** Identify, evaluate, recommend and drive implementation of federal tax planning initiatives that align with the company’s business, financial and risk objectives* Research and evaluate tax implications of enterprise wide business transactions and provide guidance to the respective business units* Interact and coordinate tax implications of business transactions with outside legal counsel* Manage, direct and develop other federal tax planning associates* Collaborate with the tax reporting and tax controversy teams on transactions and planning initiatives, as well as providing support in the ASC 740 process and federal tax audits* Provide tax oversight and planning for federal tax credit programs **Skills:*** Strong technical knowledge of U.S. federal corporate income tax law* Strong analytic and problem solving skills, including ability to research and resolve complex tax issues* Experience with the tax issues related to financial products and treasury transactions* Experience in structuring complex financial transactions* Proven ability to drive completion of large, complex projects across multiple internal and external reporting and organizational lines* Excellent written and verbal communication skills with ability to present technical matters to management in a clear and concise manner **This role is designated as a hybrid position. You are expected to adhere to Capital One's hybrid policy regarding required on-site presence at your designated office location.** **Basic Qualifications:*** Bachelor’s in Accounting or Military Experience* At least 6 years of tax experience in an accounting firm or public company or law firm or a combination**Preferred Qualifications:*** Masters of Law in Taxation (LLM)* MS in Accounting* Certified Public Accountant (CPA) certification* Juris Doctor from an accredited law school* 8+ years of federal tax planning experience* Financial institution tax experience, including taxation of financial instruments* Technical knowledge of U.S. partnership income tax law* International tax experience including GILTI, BEAT, foreign tax credit calculations, foreign currency hedging and other international expansion tax implications **At this time, Capital One will not sponsor a new applicant for employment authorization, or offer any immigration related support for this position (e.g. H1B, F-1 OPT, F-1 STEM OPT, F-1 CPT, J-1, TN, E-3, and O-1, or any other forms of work authorization that require immigration support from an employer).**The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.McLean, VA: $177,700 - $202,800 for Sr. Manager, TaxCandidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.