Consultant-Regulatory Tax
About the role
This position is responsible for handling Regulatory compliance for Verizon’s Wireless & Wireline businesses. Responsibilities include preparation of compliance filings and supporting workpapers, research and interpretation of statutes and laws, establishing charges for billing, analysis of accounting entries and surcharge recovery, research of customer inquiries, involvement with process improvements such as automation, and other special projects.
Responsibilities
- Prepare and/or review Regulatory filings (FCC, Federal and State Regulatory Agencies, third-party fund administrators) to ensure accurate and timely submission in accordance with applicable laws, regulations, judicial decisions, and rulings.
- Prepare payments and manage liabilities and expenses related to tax returns; collaborate with AP, Treasury, and in-house payment systems.
- Analyze large volumes of data, conduct research, and apply statutes and laws to service offerings for correct compliance reporting and surcharge billings.
- Prepare tax memorandums documenting issues, research, work performed, and resolutions.
- Review and process regulatory surcharge determinations for new charges created for customer billing.
- Provide surcharge estimates for Request for Proposals.
- Manage projects including implementation of billing solutions, cost savings strategies, and process improvements to enhance compliance.
- Assist with the accounting aspect of the Regulatory function, including account reconciliations, review of accrual journal entries, and monitoring of surcharges and expenses.
- Research and respond to inquiries regarding surcharge application and computations on customer invoices.
- Compile the annual budget and monthly cash forecasts.
- Assist with analysis related to mergers and acquisitions (due diligence, purchase price adjustments).
- Ensure adherence to all SOX controls.
- Assist with all Regulatory-related audits as needed.
- Identify process improvements and streamline existing procedures.
Requirements
- Bachelor’s degree or four or more years of relevant work experience.
- Four or more years of relevant work experience (tax, audit, or accounting).
- Analytical skills to interpret data trends.
- Advanced computer skills (Excel, Word, PowerPoint).
Qualifications
- Regulatory experience.
- Experience with tax accounting, tax research, SOX processes, telecommunication taxes, and tax-saving strategies.
- Proficiency in SQL.
- Understanding of tax law, compliance procedures, accrual methodology, and tax initiatives.
- Familiarity with data requirements for tax return preparation and filing (e.g., billing systems).
- Experience with SAP or other major General Ledger Suite Software.
- Ability to use analytical software (e.g., Alteryx, Qlik, Google Cloud Platform).
- Knowledge of artificial intelligence (e.g., "BOTS") technical skills.
- Prior experience handling audits.
- Ability to prioritize deliverables with competing timelines and meet deadlines.
- Ability to work independently and within a team.
Schedule
This is a hybrid role requiring a minimum of three days per week in the office, with the remainder worked from home. Scheduled weekly hours are 40.
Pay
The annual salary range for this full-time position is $80,500.00 - $141,000.00, depending on location and confirmed job-related skills and experience. This is an incentive-based role with potential for additional earnings.
Benefits
- Health and wellness benefits: 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.
- Retirement: matched 401(k) savings plan.
- Time off: up to 8 company-paid holidays per year, up to 6 personal days per year, and up to 15 days of vacation per year (increases with service).
- Parental leave, adoption assistance, and tuition assistance.
- Other incentives, including premium pay (e.g., overtime, shift differential, holiday pay, allowances).