State Tax Reporting and Compliance Leader
Overview
The State Tax Reporting and Compliance Leader is responsible for managing a broad range of multi-state tax matters including tax provision and compliance, tax planning and business line support, legislative monitoring, technical research, and audit defense. The position will partner across the Corporate tax team and collaborate cross-functionally to ensure compliance, mitigate risk, and support business line goals and objectives.
Responsibility Detail
Partner with tax accounting team to provide technical state tax support and analysis needed for quarterly and year-end tax provision including the assessment of uncertain tax positions.
Manage the state income tax outsource compliance engagement to ensure compliance with all applicable tax laws. Review of designated state tax returns.
Lead state tax audit and dispute management including development of audit strategy, technical research, and position development for issues raised by taxing authorities.
Partner with external counsel on complex matters as needed.
Identify, assess and communicate proposed state legislative changes impacting U.S. Bank.
Collaborate with tax accounting team to ensure enacted law changes are properly incorporated into the state tax provision processes.
Partner with Government Relations to provide tax feedback and advocate on key state tax legislative proposals.
Team with the Tax Planning and Business Line Support leader to understand key business initiatives, assess potential state tax implications, provide input to make informed decisions and identify opportunities to create value and manage risks.
Identify and assess state tax planning opportunities, complete risk assessment, and manage implementation.
Qualifications
Bachelor's degree in accounting, or equivalent work experience
10 or more years of experience in accounting, tax accounting and planning
Demonstrated management and leadership skills
Considerable knowledge of applicable tax laws and regulations
Working knowledge of ASC 740
Knowledge of government and compliance/regulatory reporting
Well-developed verbal and written communication skills
CPA preferred
Benefits
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Pay Range
$133,365.00 - $156,900.00
Additional Information
The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.