State Tax Reporting and Compliance Leader

State Tax Reporting And Compliance Leader

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel atall from Day One.

Job Description

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.

Basic Qualifications

• Bachelor's degree in accounting, or equivalent work experience
• 10 or more years of experience in accounting, tax accounting and planning

Preferred Skills/Experience

• 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

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.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

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
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

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.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $133,365.00 - $156,900.00