VP - State and Local Tax, Investment Banking - 103...

Job Description: State Tax Planning & Compliance Main Function

· Manage the state and local income/franchise tax compliance process. Main Duties

·Review of significant federal and state & local income and non-income tax filings.

· Prepare various tax analysis including state allocation factors and quarterly tax projections.

· Review monthly/quarterly sales use tax filings and personal property tax returns.

· Identification of reporting requirements and implementation of best practices around compliance.

· Tax risk assessment and mitigation including development of structural assessment plan.

· Review state tax provision/state tax true-ups and calculate adequacy of FIN 48 reserve.

· Establishment of tax compliance reporting system and development of compliance reporting efficiencies.

· Involvement in issues related to nexus resulting from physical and financial trading of energy commodities.

· Analysis of state tax sourcing of receipts to develop filing methodologies for various jurisdictions.

· Awareness of compliance risks outside of financial industry’s traditional tax obligations.

· Familiarity with systems support software that handles activity reporting.

· Work closely with Head of State Tax and State Tax Counsel in analyzing tax efficient structures.

· Assist in Federal and State audit examinations and monitor RAR adjustments for state tax impact.

· Analyze potential federal and state tax incentives and credits in order to maintain low ETR.

· Manage subordinates.  

QUALIFICATIONS Mandatory Minimum Qualifications

- Must Have: BS or BBA in Accounting

· Eight years of multi-state tax experience

· Excellent interpersonal skills and a team player

· Extremely well organized and detail oriented

·Ability to work under pressure to meet stringent deadlines

· Able to handle multiple assignments concurrently

· Proficient in Microsoft applications - CPA/MBA preferred  

Education: Bachelors   Certifications: None   Licenses: None