The Associate Vice President of Accounting specializing in corporate tax will be responsible for assisting the Senior Vice President of Accounting and providing organized and detail oriented professional services for full cycle accounting support within the Finance division of a growing financial company. The Corporate Tax Assistant Vice President (AVP) plays a pivotal role in ensuring compliance with tax regulations, managing tax planning strategies, and supporting the broader financial objectives of the organization. As a senior member of the corporate tax team, the AVP collaborates closely with leadership, including the Senior Vice President of Internal Audit, Finance Leaders, and external advisors, to optimize tax strategies, mitigate risks, and enhance the organization’s financial position
Essential Duties and Responsibilities
Tax Compliance and Reporting
- Oversee the preparation and timely filing of corporate tax returns, ensuring compliance with local, state, federal, and international tax regulations.
- Manage the monthly, quarterly and annual tax provision processes in accordance with applicable accounting standards, such as ASC 740 or IFRS.
- Ensure accurate documentation of all tax positions to withstand scrutiny from audits or regulatory reviews.
- Monitor changes to tax laws and regulations, assessing their impact on the organization and implementing necessary adjustments.
- Corporate tax provisions
Tax Planning and Strategy
- Develop and implement tax strategies to optimize the company’s tax position while maintaining compliance.
- Identify opportunities for tax savings and efficiencies, including credits, deductions, and incentives.
- Analyze and recommend strategies for managing tax exposures in mergers, acquisitions, divestitures, and other corporate transactions.
- Collaborate with cross-functional teams to align tax strategies with broader business goals.
Audit and Risk Management
- Coordinate and manage tax audits conducted by governmental authorities, ensuring timely and accurate responses to inquiries.
- Develop and maintain robust internal controls around tax processes to mitigate risks.
Serve as a key point of contact for external auditors, tax authorities, and consultants
Leadership and Team Collaboration
- Provide mentorship and guidance to junior members of the tax team, fostering professional growth and development.
- Collaborate with internal stakeholders, including finance, legal, and operational teams, to ensure alignment on tax-related matters.
- Prepare and deliver presentations to senior leadership on tax strategies, risks, and opportunities.
Skills Required
- Experience preparing and filing corporate tax returns (local, state, federal, international).
- Experience managing monthly, quarterly, and annual tax provision processes under ASC 740 or IFRS.
- Ability to document and defend tax positions for audits and regulatory reviews.
- Experience monitoring and interpreting changes to tax laws and regulations.
- Experience developing and implementing tax strategies, credits, deductions, and incentives.
- Experience analyzing tax implications for mergers, acquisitions, divestitures, and corporate transactions.
- Experience coordinating and managing tax audits and working with tax authorities and external advisors.
- Experience developing and maintaining internal controls around tax processes and risk mitigation.
- Leadership experience mentoring junior tax team members and collaborating with cross-functional stakeholders.
- Ability to prepare and present tax strategies, risks, and opportunities to senior leadership.
What We Do
PrismHR creates exceptional software and services, empowering human resource outsourcing service providers such as Professional Employer Organizations (PEOs) and Administrative Service Organizations (ASOs) to deliver world-class payroll, benefits and HR to small and medium sized businesses. PrismHR software is used by more than 88,000 organizations and 2.2 million worksite employees, processing greater than $57 billion in payroll each year. Visit our website to learn more about how PrismHR can help your business be more profitable and productive. http://www.prismhr.com
