Consultant-State Regulatory Tax Compliance
Basking Ridge, NJ - USA
Job Summary
You want more out of a career. A place to share your ideas freely even if theyre 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 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 youll be doing
We are committed to providing the highest level of compliance. This position is responsible for State and Local Regulatory compliance including the Video Franchise and PEG(Public Education Grants) filings with various Local Franchise Authorities utilizing financial systems to analyze data compute payments for an end-to-end compliance cycle while adhering to compliance laws and contractual agreements. This position will also encompass review of surcharge recovery account reconciliations projects and other related tasks.
RESPONSIBILITIES:
Prepare State and Local Regulatory compliance including Video Franchise and PEG filings and Business Licenses in an accurate and timely manner in accordance with the applicable laws and regulations for all Verizon-owned companies.
Understand the impact of new products and offers to update regulatory filings accordingly.
Analyze Franchise Recovery costs and submit requests to initiate/terminate surcharges accordingly.
Partner with Regulatory Legal team to review contract renewals for changes to existing payment terms and ensure implementation with the billing team.
Process payments in accordance with CPS-103 controls manage liabilities and expenses related to the filings; work with AP Treasury and various in-house payment systems.
Participate in company initiatives including new product launch billing IT developments and legal entity restructuring by communicating Regulatory compliance impacts and requirements.
Assist with the accounting aspect of the Regulatory function including review of account reconciliations accrual journal entries and understanding surcharge recovery and expense gaps.
Prepare analysis related to mergers and acquisitions (including due diligence and computing purchase price adjustments) Budgets Metrics Cash Forecasting and other monthly reports.
Adhere to Sox controls assist with related audits billing inquiries and resolve notices timely and accurately.
Partner with Regulatory and Tax Legal teams to conduct research as needed to comply with legislative changes and implement best compliance practices.
Focus on identifying process improvements and streamlining existing procedures to be effective and efficient.
What were looking for
Youll need to have:
Bachelors degree or four or more years of work experience.
Four or more years of relevant experience required demonstrated through work and/or military experience.
Experience in Tax Finance or equivalent.
Experience with tax research tax accounting SOX processes telecommunication taxes and tax saving strategies.
Advanced computer skills are required (Excel Word PowerPoint).
Ability to prioritize deliverables with competing timelines.
Even better if you have one or more of the following:
Bachelors Degree in Finance or Accounting.
Proficient with large volume data analysis needed for the preparation and filing of tax returns (i.e.: knowledge of billing systems etc.).
Regulatory experience.
Previous exposure to SAP (or other major General Ledger Suite Software).
Working knowledge of automation tools (i.e. Alteryx Qlik Power BI Tableau Gemini Google Suite Google App Script) and technical skills.
Strong oral written communication skills and analytical skills.
If Verizon and this role sound like a fit for you we encourage you to apply even if you dont meet every even better qualification listed above.
Verizon is an equal opportunity employer. We evaluate qualified applicants without regard to veteran status disability or other legally protected characteristics.
Our benefits are designed to help you move forward in your career and in areas of your life outside of Verizon. From health and wellness benefit options including: medical dental vision short and long term disability basic life insurance supplemental life insurance AD&D insurance identity theft protection pet insurance and group home & auto insurance. We also offer a matched 401(k) savings plan up to 8 company paid holidays per year and up to 6 personal days per year paid parental leave adoption assistance and tuition assistance plus other incentives weve got you covered with our award-winning total rewards package. Depending on the role employees have the opportunity to receive compensation in the form of premium pay such as overtime shift differential holiday pay allowances etc. Newly hired employees receive up to 15 days of vacation per year which grows with additional service. For part-timers your coverage will vary as you may be eligible for some of these benefits depending on your individual circumstances.
The salary will vary depending on your location and confirmed job-related skills and experience. This is an incentive based position with the potential to earn more. For part-time roles your compensation will be adjusted to reflect your hours.The annual salary range for the location(s) listed on this job requisition based on a full-time schedule is: $80500.00 - $141000.00.Required Experience:
Contract
About Company
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