Federal Income Tax Consultant

Posted 16 Hours Ago
Be an Early Applicant
Basking Ridge, NJ
1-3 Years Experience
Information Technology • Internet of Things • Other • Cybersecurity • Infrastructure as a Service (IaaS)
The Role
The Federal Income Tax Consultant at Verizon will assist in preparing and reviewing the consolidated federal income tax return, managing compliance processes, and supporting various tax-related projects. The role also involves streamlining tax processes using digital tools and enhancing collaboration within the tax department.
Summary Generated by Built In

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 V Team Life.

What you'll be doing...

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 Consultant position offers opportunities to build your career, while growing your leadership and interpersonal skills.

The Federal Income Tax Consultant will report to the Associate Director – Federal Income Tax Compliance. This role will primarily support the preparation of Verizon's consolidated federal income tax return and tax provision and will have the ability to drive change through the use of process automation and digital tools.

Responsibilities:

  • Assist in the preparation and review of Verizon's consolidated federal tax return including preparing tax adjustments, preparing and reviewing tax forms, gathering the data necessary to complete the return, and other various tasks necessary to complete the tax return.

  • Prepare and calculate federal tax adjustments necessary to complete Verizon's income tax provision.

  • Identify and gather necessary information and documentation to substantiate and support the tax return and tax provision processes while demonstrating the ability to understand the book and tax treatment of transactions.

  • Prepare workpaper documentation and calculations in support of significant tax items or book-to-tax adjustments, as needed.

  • Manage the federal compliance process for various other tax types such as insurance, excise, and private foundations.

  • Prepare supporting workpapers and ensure proper documentation is obtained and maintained to adequately support the information included on the tax returns upon audit.

  • Support other groups within Income Tax by performing various tasks when requested and available, such as aiding in the preparation of state tax adjustments or other state tax projects.

  • Support special project assignments, such as acquisitions, dispositions, tax audits, etc., as necessary. Perform tax research and analysis and prepare memorandums in support of findings.

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

  • Provide support to tax managers and develop and maintain a relationship with other tax department professionals. Show the ability to present tax matters/findings to senior leaders throughout the Tax Department.

  • Be a team player and someone who possesses the capability to lead through their actions and experiences and also work closely with other members of the Tax Organization.

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:

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

  • Four or more years of relevant work experience.

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

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

  • Two or more years of relevant work experience in the income taxes field.

  • Strong working knowledge of federal income taxes.

  • Experience with OneSource Income Tax.

  • Experience with Microsoft Office, including Excel and PowerPoint.

  • Strong verbal and written communication skills.

  • Excellent organizational and prioritization skills, with demonstrated attention to detail and ability to meet deadlines.

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

  • Experience with OneSource Tax Provision and OneSource Apportionment.

  • Working knowledge of ASC 740.

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

  • Strong interpersonal skills with proven ability to work with individuals in a team environment.

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

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 Hours40Equal Employment Opportunity 

We're proud to be an equal opportunity employer - and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. At Verizon, we know that diversity makes us stronger. We are committed to a collaborative, inclusive environment that encourages authenticity and fosters a sense of belonging. We strive for everyone to feel valued, connected, and empowered to reach their potential and contribute their best. Check out our diversity and inclusion page to learn more.

Top Skills

Alteryx,Qlik
The Company
HQ: New York, NY
0 Employees
Hybrid Workplace
Year Founded: 2000

What We Do

Verizon is one of the world’s leading providers of technology and communications services, transforming the way we connect across the globe. We're a diverse network of people driven by our shared ambition to move the world forward - collectively building the network America relies on most. Here, we have the ability to learn and grow at the speed of technology, the space to create within every role, and the opportunity to shape a rewarding career.

Why Work With Us

Integrity. Respect. Excellence. Accountability. These are some of the key values at the heart of our Credo. This code of conduct lays out how we show up as a responsible business every day. It is the blueprint that inspires us to live up to the highest standards and defines who we are and how we work.

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