Assistant Corporate Tax Director

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Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Truist has an exciting opportunity for a results-driven Assistant Corporate Tax Director to play a meaningful role on our Corporate Tax Team. This role will report to the Director of Federal Tax Planning and Controversy and will focus primarily on the review analysis and risk assessment of complex tax credit transactions as well as other significant federal income tax planning advisory and transactional matters. The successful candidate will work closely with internal business legal finance/accounting risk and external tax advisors to identify and address tax issues mitigate tax risk support M&A and restructuring activity and help ensure that material tax positions are appropriately analyzed documented communicated and implemented.

Following is a summary of the essential functions for this job. Other duties may be performed both major and minor which are not mentioned below. Specific activities may change from time to time.

1. Review analyze and advise on complex tax credit transactions (e.g. investment tax credit new markets tax credit low-income housing tax credit etc.) including identifying material federal income tax issues evaluating transaction structures assessing technical tax positions and recommending approaches to appropriately mitigate tax risk.
2. Analyze tax credit investments transferability arrangements partnership structures and other tax-advantaged transactions to determine whether tax issues have been appropriately addressed in transaction documents financial models tax opinions accounting analyses and related supporting materials.
3. Research analyze and resolve highly complex federal income tax issues applying a thorough understanding of relevant tax law tax accounting principles regulatory accounting considerations and business objectives.
4. Prepare review and communicate technical tax analyses and position documentation including explaining conclusions and the underlying why to tax and non-tax stakeholders at various levels within the organization.
5. Review transaction documents and related materials identify tax issues and risk areas recommend revisions or best practices and coordinate with internal legal finance/accounting risk business and external advisor teams as needed.
6. Provide tax technical support for restructuring M&A investment financing and other strategic transactions from a U.S. federal income tax perspective including evaluating alternative structures and assisting with diligence and implementation.
7. Advise business stakeholders on the tax implications of proposed transactions deal structures business products and strategic initiatives.
8. Collaborate with business and corporate stakeholders to develop and implement tax-efficient structures for transactions investments products and other initiatives.
9. Identify and analyze tax planning opportunities and manage cross-functional project teams to effectively evaluate document and implement tax planning initiatives.
10. Develop or review tax models to analyze the impact of tax strategies changes in tax law complex transactions and tax credit investments on the companys overall tax position.
11. Coordinate with tax compliance tax accounting finance/accounting and other internal teams to help ensure that transactions and tax positions are properly reflected in tax returns tax provision processes regulatory reporting and internal documentation as applicable.
12. Identify assess and effectively manage tax risks inherent in transactions investments and business initiatives.
13. Support process improvements to increase the consistency quality and efficiency of tax technical review transaction documentation risk assessment and communication with stakeholders.
14. Mentor and coach less experienced teammates to build technical expertise support professional development and delegate work as appropriate.

Required Qualifications:

The requirements listed below are representative of the knowledge skill and/or ability accommodation may be made to enable individuals with disabilities to perform the essential functions.

1. Bachelors degree and CPA.
2. 10 years of professional experience including Big 4 or large corporate tax experience or an equivalent combination of education and experience.
3. 6 years of reviewing moderate to complex tax returns and leading teams.
4. Specialized knowledge in bank taxation state tax and/or tax accounting.
5. Advanced understanding of principles practices theories and/or methodologies associated with the tax discipline including knowledge of tax return software.
6. Strong computer skills in Excel and other Microsoft products.
7. Strong verbal and written communication skills.
8. Advanced analytical skills and tax research skills and the ability to solve complex technical and business problems.
9. Strong attention to detail.
10. Ability to exercise judgement in solving technical operational and organizational challenges in the context of business objectives and priorities.
11. Ability to work independently with guidance in only the most complex and unusual situations.

Preferred Qualifications:

1. Significant experience analyzing complex tax credit transactions tax equity investments transferable credit transactions partnership tax structures or other tax-advantaged investment structures.
2. Experience reviewing transaction documents tax opinions financial models and supporting technical analyses for complex transactions.
3. Experience advising on U.S. federal income tax matters related to M&A restructuring investments financing transactions or strategic corporate initiatives.
4. Strong technical knowledge of partnership taxation tax credit rules tax basis concepts credit recapture rules and transaction-related tax risk assessment.
5. Experience working with legal finance/accounting business risk and external advisor teams on complex transactions.
6. 12 years of Big 4 law firm large corporate tax department financial institution or tax credit investment experience.
7. Advanced degree in Taxation Accounting Law or related field including MS JD LLM or equivalent advanced credential.
8. Banking financial services or regulated financial institution tax experience.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits though eligibility for specific benefits may be determined by the division of Truist offering the offers medical dental vision life insurance disability accidental death and dismemberment tax-preferred savings accounts and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment along with 10 sick days (also prorated) and paid holidays. For more details on Truists generous benefit plans please visit our Benefits site. Depending on the position and division this job may also be eligible for Truists defined benefit pension plan restricted stock units and/or a deferred compensation plan. As you advance through the hiring process you will also learn more about the specific benefits available for any non-temporary position for which you apply based on full-time or part-time status position and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race gender color religion citizenship or national origin age sexual orientation gender identity disability veteran status or other classification protected by law. Truist is a Drug Free Workplace.

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