Consultant - Regulatory Tax Compliance

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Verizon

Verizon

Consultant - Regulatory Tax Compliance

Basking Ridge, NJ +1 location
Full Time
Paid
  • Responsibilities

    When you join Verizon

    You want more out of a career. A place to share your ideas freely — even if they’re 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 begins. In crisis and in celebration, we come together — lifting our communities and building trust in how we show up, everywhere & always. Want in? Join the V Team Life.

    What you’ll be doing...

    This position is responsible for the handling of Regulatory compliance for Verizon’s Wireless & Wireline businesses. Job function will 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; other special projects.

    Responsibilities:

    • Prepare and/or review Regulatory filings which include those filed with the FCC, 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.

    • Prepare payments and manage the liabilities and expenses related to the tax returns; work with AP, Treasury and various in-house payment systems.

    • Analyze large volumes of data.

    • 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.

    • 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.

    • 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.

    What we’re looking for...

    You’ll need to have:

    • Bachelor’s degree or four or more years of relevant work experience.

    • Advanced computer skills (Excel, Word, Power Point).

    • The ability to prioritize deliverables with competing timelines and accurately managing deadlines.

    • Solid oral, written and analytical skills.

    • Ability to work equally well both independently and with a team.

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

    • Regulatory experience.

    • Experience with tax accounting, tax research, SOX processes, telecommunication taxes, and tax saving strategies.

    • Proficiency in using SQL.

    • Understanding of tax law, compliance procedures, accrual methodology, and tax initiatives.

    • Familiarity with the data requirements needed for the preparation and filing of tax returns (ie: knowledge of billing systems, etc.).

    • Previous exposure to SAP (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 (ie: “BOTS”) technical skills.

    • Prior experience handling audits.

    If Verizon and this role sound like a fit for you, we encourage you to apply even if you don’t meet every “even better” qualification listed above.

    Where you’ll be working

    In this hybrid role, you'll have a defined work location that includes work from home and a minimum eight assigned office days per month that will be set by your manager.

    Scheduled Weekly Hours

    40

    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.

  • Industry
    Information Technology and Services
  • Locations
    Basking Ridge, NJ • Ashburn, VA
  • About Us

    You want more out of a career. A place to share your ideas freely. We power and empower how people live, work and play by connecting them to what matters most. If that inspires you, start the next chapter of your career here.