Lead Tax Analyst

When you join Verizon

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 shape a better future. Here, we have the ability to learn and grow at the speed of technology, and the space to create within every role. Together, we are moving the world forward – and you can too. Dream it. Build it. Do it here.

What you’ll be doing...

This position is responsible for the handling of Regulatory compliance for Verizon’s wireline business segment. Job function will include research and interpretation of statutes and laws; establishing charges for billing; preparation of compliance filings and supporting work papers; analysis of accounting entries and surcharge recovery; research of customer inquiries; involvement with process improvements such as automation; other special projects.

Responsibilites:

• Conduct research and appropriately apply statutes and laws to service offerings and yield correct compliance reporting and surcharge billings
• Prepare tax memorandums to document issues, research and work performed, and resolutions
• Review and process regulatory surcharge determinations for new charges created for customer billing
• Provide surcharge estimates for Request for Proposals
• Prepare Regulatory filings which include those filed with the PUC, Federal and State Regulatory Agencies, and third party fund administrators for Verizon owned companies to ensure that they are accurately and timely filed in accordance with applicable laws, regulations, judicial decisions, and rulings
• Work on and manage projects that include implementation of billing solutions, cost savings strategies, and process improvements to enhance the compliance process
• Work with the accounting aspect of the Regulatory function, including assistance with preparation of account reconciliations, review of accrual journal entries, and understanding and monitoring of surcharges and expenses
• Research and respond to inquiries regarding surcharge application and computations on customer invoices
• Prepare payments and manage the liabilities and expenses related to the tax returns; work with AP, Treasury and various in-house payment systems
• Compile the annual budget and monthly cash forecasts
• Assist with analysis related to mergers and acquisitions (including due diligence and computing purchase price adjustments)
• Ensure adherence to all SOX controls
• Assist with all Regulatory related audits, as needed
• Focus on identifying process improvements and streamlining existing procedures

Where you'll be working...

This hybrid role will have a defined work location that includes work from home and assigned office days as set by the 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.
• Experience with tax research.

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

• Regulatory experience.
• Experience with tax accounting, SOX processes, telecommunication taxes, and tax saving strategies.
• Knowledge of tax law, compliance procedures, accrual methodology, and tax initiatives.
• Experience with the data requirements needed for the preparation and filing of tax returns (i.e.,knowledge of billing systems).
• Ability to prioritize deliverables with competing timelines.
• Knowledge of tax software systems, such as Vertex.
• Previous experience of PeopleSoft, SAP, ERP (or other major General Ledger Suite Software).
• Ability to use analytical software such as, but not limited to, Alteryx and Qlik.
• Knowledge of artificial intelligence (i.e.,“BOTS”) technical skills.
• Experience handling audits and replying to State and Local Auditor IDR’s.

Equal 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.

COVID-19 Vaccination Requirement

NYC candidates: Verizon requires new hires to be fully vaccinated against COVID-19 for onsite and hybrid NYC roles. Verizon provides reasonable accommodations consistent with legal requirements (e.g., for medical or religious reasons). Additional information will be provided during the hiring process.