Manager I, Tax Accounting - Corporate

Tax Accounting Corporate

Building a career here is more than just steps on a ladder. It's about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our culture is about our people, the ones in our communities and the ones that work with us.

Here, you'll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You'll have the space and resources to grow into the best version of yourself. Because our number one investment is you.

Creating an award-winning culture doesn't come easy. And after 160 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let's talk.

About This Job

The main purpose of this job is to manage income tax compliance, tax provision reporting under ASC 740, and tax risk management while serving as a technical tax resource for supported business lines and ensuring compliance with applicable tax and regulatory requirements

Essential Functions

• Manage and review federal and state income tax returns, quarterly estimated tax payments, and annual extension filings
• Oversee state apportionment, nexus, and filing requirements across multiple jurisdictions
• Support the ASC 740 provision process (current/deferred, disclosures) and related audit/regulatory inquiries, including analysis of tax impacts from accounting standard changes
• Oversee payroll tax compliance (filings, deposits, W-2 review) and monitor regulatory changes to implement required updates
• Support information reporting compliance and manage non-wage withholding compliance (eg, 1099/1098, 1042/1042-S, deposits/reconciliations, B-Notice) and serve as a resource to business lines on related requirements
• Research technical federal and state tax issues and prepare written memoranda to advise business lines on tax implications of new products or transactions
• Coordinate preparation and review of tax return workpapers and monitor tax law changes affecting compliance requirements
• Assist with responses to IRS and state tax authority inquiries and examinations
• Support sales/use tax processes, SOX compliance for income tax and payroll, benefit plan audits, and Form 5500 filings
• Lead, mentor and motivate team members to implement the department strategy and manage department workflow with guidance on departmental projects/issues, and provide coaching and development opportunities appropriate to each direct report's individual needs
• Perform all necessary management functions, including hiring, evaluations, annual increase allocations and disciplinary action as required
• Communicate decisions, priorities and relevant information to team members effectively
• Support budget management, planning and expenditure Perform other duties as assigned

Knowledge, Skills & Abilities

• Advanced knowledge of US federal corporate income tax required
• Advanced knowledge of ASC 740 income tax accounting required
• Intermediate knowledge of US state and local tax, payroll tax, information reporting, and sales/use tax compliance
• Intermediate knowledge of tax preparation software such as ProSystem fx or GoSystem Tax preferred or ability to learn
• Ability to apply technical tax judgment in a regulated environment required
• Ability to manage and review external service providers preferred
• Strong critical thinking skills with the ability to apply discretion and sound judgement to efficiently and effectively solve problems
• Ability to drive results and balance management of organizational risk and meeting goals of the business
• Strong leadership skills with ability to motivate team members and foster a positive team environment that gives way to collaboration and unified goals
• Outstanding interpersonal and relationship building skills with the ability to effectively communicate with all levels of the company, clearly expressing ideas and concepts both verbally and in writing
• Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
• Intermediate level proficiency with Microsoft Word, Excel, Teams, and Outlook

Education & Experience

• Bachelor's degree in Accounting, Finance, or related field or equivalent combination of education and experience required
• 6+ years of tax experience including review responsibilities required
• Prior public accounting experience preferred
• Financial institution tax experience preferred
• Experience with multi-state income tax compliance preferred
• CPA license preferred

*Hybrid Schedule: In office 3 days per week

The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits.