Verizon, Consultant - Regulatory Tax Audit - Application via WayUp

WayUp; Basking Ridge (NJ); Hybrid; USD 60,000 - 100,000; Full time

Job summary

Join a forward-thinking company that empowers its employees to thrive and innovate. This exciting role involves handling regulatory audit functions, coordinating with various stakeholders, and driving process improvements. You will be part of a dynamic team that values creativity and collaboration, working in a hybrid environment that allows for flexibility. If you are passionate about finance, compliance, and making a meaningful impact, this opportunity is perfect for you. Embrace the chance to grow your career while contributing to a company that values your ideas and insights.

Qualifications

• 4+ years of experience in finance or accounting roles.
• Understanding of tax law and compliance procedures is essential.
• Ability to prioritize deliverables with competing timelines.

Responsibilities

• Prepare and review regulatory audit responses and documentation.
• Conduct regulatory audit reviews with local jurisdictions.
• Assist with process improvements and automation strategies.

Skills

Finance

Accounting

Tax Law Understanding

Compliance Procedures

Advanced Computer Skills

Analytical Skills

Education

Bachelor's degree in Finance or Accounting

CPA or MS in Taxation

Tools

Alteryx

Qlik

PeopleSoft

SAP

Vertex

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 handling Regulatory Audit functions for the Wireline Business. This position will require coordination of audits with State and Local jurisdictional auditors as well as third party auditors; preparation and/or review of audit responses, work papers supporting regulatory filings; research and interpretation of statutes and laws; analysis of accounting entries; involvement with process improvements such as automation, and other special projects.

Responsibilities:

• Prepare Regulatory State and Local audit responses and supporting documentation by obtaining information from Regulatory Compliance, Legal, Tax Technology, and other various groups within Verizon.

• Conduct Regulatory audit reviews with State and Local jurisdictions and successfully complete audits on a timely basis.

• Ability to interpret State and Local Ordinances and/or Agreements to determine the applicability of Vz products and services.

• Coordinate with Vz Legal and State Regulatory groups to review audit responses and audit findings.

• Resolve audit findings by researching ordinance and/or analyzing revenue at a very detailed level.

• Assist with maintaining detailed and accurate audit logs for Executive Management review on a regular basis.

• Understand financial statements, journal entries, and compliance processes.

• Assist with reconciling FAS 5 reserves for Regulatory audit liabilities.

• Work on projects that include implementation of cost savings strategies, process improvements, streamlining existing procedures, and documenting procedures.

• Able to identify areas in a process that can be automated and assist IT with execution.

• Handle special projects that involves researching surcharge applicability, analyze revenue and surcharge data and propose appropriate solutions for management review.

What we’re looking for...

You’ll need to have:

• Bachelor's degree in Finance or Accounting or four or more years of work experience.

• Four or more years of relevant experience required, demonstrated through work experience and/or military experience.

• Understanding of tax law, compliance procedures, accrual methodology, and tax initiatives.

• Ability to prioritize deliverables with competing timelines.

• Ability to work equally well both independently and within a team.

• Advanced computer skills.

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

• CPA or MS in Taxation.

• Regulatory and Audit experience.

• Experience with tax research, tax accounting, SOX processes, telecommunication taxes, and tax saving strategies.

• Prior experience handling audits and replying to State and Local Auditor IDRs.

• Experience in interfacing with tax legal, tax technology, tax compliance, tax research, and other business groups.

• Familiarity with the data requirements needed for the preparation and filing of tax returns (ie: knowledge of billing systems, etc.).

• Knowledge of various tax systems, such as Vertex.

• Previous exposure to PeopleSoft or SAP (or other major General Ledger Suite Software).

• Ability to use analytical software, such as but not limited to Alteryx and Qlik.

• Working knowledge of artificial intelligence (ie: “BOTS”) technical skills.

If Verizon and this role sound like a fit for you, we encourage you to apply even if you don’t meet every “even better” qualification listed above.

Where you’ll be working

In this hybrid role, you'll have a defined work location that includes work from home and a minimum eight assigned office days per month that will be set by your manager.

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.