Full-Time

Senior Tax Manager Federal Partnership Tax

Updated on 3/14/2025

Verizon Communications

Verizon Communications

10,001+ employees

Telecommunications services including wireless and broadband

No salary listed

Senior

Berkeley Heights, NJ, USA + 1 more

More locations: Alpharetta, GA, USA

This is a hybrid role requiring a minimum of eight assigned office days per month.

Category
Tax Accounting
Accounting
Required Skills
Data Analysis
Requirements
  • Bachelor’s degree in Accounting or a related field or four or more years of work experience.
  • Six or more years of relevant experience required, demonstrated through one or a combination of work and/or military experience, or specialized training.
  • Experience with OneSource Income Tax and/or OneSource Tax Provision
  • Effective time management, multitasking and prioritization skills with the ability to be a dynamic Team player.
Responsibilities
  • Assist in managing the overall federal partnership income tax compliance function, including supervising an outsourcing engagement with a Big 4 accounting firm.
  • Working with internal teams to assist in gathering data needed to prepare the partnership tax returns, including trial balance data, audit adjustments, schedule M adjustments and other related data.
  • Reviewing the design and function of the workpaper packages to ensure they are complete and inclusive of data needed to review the tax returns and provide audit-ready support.
  • Reviewing the partnership forms and ensuring workpapers support the information presented on the forms.
  • Serve as liaison between outsourcing team and internal customers to provide various reporting information needed for tax accounting, K1 tiering for corporate partners, etc.
  • Responsible for properly reporting the taxable income from external and internal investments and preparing the related M3 support.
  • Maintain ownership tiering model used by various internal customers to support direct and indirect ownership by both internal and external partners.
  • Identify processes to automate and incorporate Alteryx workflows when possible.
  • Reviewing federal tax calculations and adjustments (non-fixed asset) for the entire income tax lifecycle, including forecasts, tax provision, tax return, return to provision, cumulative deferred proof and audit support.
  • Reviewing federal tax calculations and adjustments to consider their financial statement impact under ASC 740 when applicable, such as the deferred tax balance included on the financial statements.
  • Reviewing federal book to tax adjustments to consider the proper classification and presentation on the federal tax return.
  • Review complex state partnership and corporate income tax returns and associated workpapers.
  • Analysis, calculations and support for a wide range of federal tax positions, including pension and benefits adjustments, Section 163(j) and CAMT.
  • Coordinating with other Senior Managers and Associate Directors as necessary to ensure the accuracy and efficiency of all federal tax processes.
  • Research and analyze a wide range of federal tax positions; prepare memorandums to ensure proper documentation is maintained to adequately substantiate and support tax positions upon audit.
  • Provide support and develop and maintain positive relationships with other tax department professionals.
  • Developing and maintaining relationships with various teams throughout Verizon including, but not limited to, Tax Policy, Treasury and FP&A in order to gain compliance, accounting and reporting efficiencies.
  • Liaising with the tax planning team to identify and implement tax planning strategies to minimize cash taxes and the effective tax rate.
  • Providing support to the audit groups upon request.
  • Providing support for the quarterly and year-end tax provision processes.
  • Streamlining and optimizing tax processes through the use of various digital finance tools, including Alteryx, Qlik and other technologies.
Desired Qualifications
  • A CPA, Masters of Tax or Masters of Accounting.
  • Experience with OneSource Apportionment.
  • Solid data management and automation skills required; experience with Alteryx or Qlik is a significant plus.
  • Strong interpersonal and leadership skills with proven ability to work with individuals at all levels in a team environment.
  • Ability to independently challenge, when needed, while at the same time being supportive and solution-based.
  • An ability to navigate and negotiate through conflicting demands to maintain focus on priority objectives while ensuring key stakeholders’ needs are met.
  • Ability to lead groups, build consensus, and communicate effectively with all levels of personnel within and outside the organization.
  • Strong team leadership, communication, interpersonal and management skills with an executive presence and ability to build relationships with stakeholders in peer/influence models.
Verizon Communications

Verizon Communications

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Verizon Communications provides telecommunications services, including wireless communications, broadband internet, and digital television, primarily in the United States. The company offers subscription-based plans for mobile phone services, home internet, and digital TV, allowing customers to select options that suit their needs. Verizon is recognized for its reliable network coverage and advanced technology, including the latest 5G capabilities that enhance internet speeds and connectivity. Unlike many competitors, Verizon focuses on personalized customer experiences through programs like "myPlan," which tailors deals to individual preferences. The company's goal is to deliver essential communication services while continuously improving customer satisfaction and expanding its technological offerings.

Company Size

10,001+

Company Stage

IPO

Headquarters

New York City, New York

Founded

1983

Simplify Jobs

Simplify's Take

What believers are saying

  • Partnerships with Singtel and Skylo boost Verizon's global IoT service reach.
  • 5G military tech development strengthens Verizon's role in defense technology.
  • A2P 10DLC registration enhances customer trust in Verizon's messaging services.

What critics are saying

  • Emerging telecom competitors threaten Verizon's market share with competitive pricing.
  • A2P 10DLC registration may increase operational costs for Verizon.
  • 5G military tech partnership exposes Verizon to geopolitical risks.

What makes Verizon Communications unique

  • Verizon's 5G military tech collaboration positions it as a defense sector innovator.
  • Global IoT Orchestration service enhances Verizon's international IoT capabilities.
  • Focus on digital wellness initiatives highlights Verizon's commitment to corporate social responsibility.

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Benefits

Hybrid Work Options

401(k) Company Match

Paid Vacation

Parental Leave

Adoption Assistance

Tuition Reimbursement

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