Tax Manager, State Income Tax Audit
Address: 104 WILMOT RD,DEERFIELD,IL,60015-05121-01104-2
Job ID 1486960BR
Job Summary:
Responsible for leading and managing state and local income tax audits and controversy matters in 50 states for over 140 companies within the Walgreens organization. Proactively monitors and manages audits to close audits as favorably and expeditiously as possible, defends tax positions through state analysis and tax technical research and analysis, works with cross-functional tax and operations teams to aggressively defend tax returns, assess and manages ASC 740 reserves related to audits, and directs and develops tax staff. Also assists in driving process improvement opportunities for tax functions, and provides technical knowledge and advise to tax team members.
Job Responsibilities
About Walgreens and WBA
Walgreens (www.walgreens.com) is included in the U.S. Retail Pharmacy and U.S. Healthcare segments of Walgreens Boots Alliance, Inc. (Nasdaq: WBA), an integrated healthcare, pharmacy and retail leader with a 170-year heritage of caring for communities. WBA’s purpose is to create more joyful lives through better health. Operating nearly 9,000 retail locations across America, Puerto Rico and the U.S. Virgin Islands, Walgreens is proud to be a neighborhood health destination serving nearly 10 million customers each day. Walgreens pharmacists play a critical role in the U.S. healthcare system by providing a wide range of pharmacy and healthcare services, including those that drive equitable access to care for the nation’s medically underserved populations. To best meet the needs of customers and patients, Walgreens offers a true omnichannel experience, with fully integrated physical and digital platforms supported by the latest technology to deliver high-quality products and services in communities nationwide.
The actual salary an employee can expect to receive, plus bonus pursuant to the terms of any bonus plan if applicable, will depend on experience, seniority, geographic location, and other factors permitted by law. To review benefits, please visit jobs.walgreens.com/benefits. "An Equal Opportunity Employer, including disability/veterans".
Responsible for leading and managing state and local income tax audits and controversy matters in 50 states for over 140 companies within the Walgreens organization. Proactively monitors and manages audits to close audits as favorably and expeditiously as possible, defends tax positions through state analysis and tax technical research and analysis, works with cross-functional tax and operations teams to aggressively defend tax returns, assess and manages ASC 740 reserves related to audits, and directs and develops tax staff. Also assists in driving process improvement opportunities for tax functions, and provides technical knowledge and advise to tax team members.
Job Responsibilities
- Manages the tax process and implements short and long-term tax savings strategies by collaborating with the various tax functions.
- Partners with planning function to provide support and development of new processes for planning projects.
- Develops staff by explaining complex tax concepts and procedures, documentation and presentation requirements, research and writing techniques, business transactions, and tax minimization and audit defense strategy.
- Support audit function by analyzing and reviewing information requests and collaborating in the resolution of audit issues.
- Participates in divisional and company-wide projects and programs to develop engagement for division-wide and company-wide initiatives.
- Manages the preparation of tax filings which minimize overall tax liability to the Company and continually develops tax improvements to minimize tax liability.
- Upon acquisition, implements processes with acquired company’s management to integrate processes.
- Partners and collaborates in the tax audit defense process.
- Partners and collaborates in the development and execution of tax strategies that reduces overall tax costs/burdens to the Company.
- Collaborates with Finance and Accounting on tax and accounting issues impacting the Company’s financials.
- May develop, mentor, coach and manage staff ensuring the development of employees through orientation, training, establishing objectives, communication of rules, and constructive discipline; builds employee morale, motivation and loyalty.
- Proactively recommends changes in tax procedures, tax methodology and/or tax calculations to tax teams.
- Monitors tax legislation and provides advice on tax issues. Conducts research of applicable tax laws in order to resolve complex tax issues and resolves tax issues and develops best practices for team to implement.
- Manages consulting relationships by identifying consultants for projects, developing scope and fees for task order and managing project deliverables by consultants.
About Walgreens and WBA
Walgreens (www.walgreens.com) is included in the U.S. Retail Pharmacy and U.S. Healthcare segments of Walgreens Boots Alliance, Inc. (Nasdaq: WBA), an integrated healthcare, pharmacy and retail leader with a 170-year heritage of caring for communities. WBA’s purpose is to create more joyful lives through better health. Operating nearly 9,000 retail locations across America, Puerto Rico and the U.S. Virgin Islands, Walgreens is proud to be a neighborhood health destination serving nearly 10 million customers each day. Walgreens pharmacists play a critical role in the U.S. healthcare system by providing a wide range of pharmacy and healthcare services, including those that drive equitable access to care for the nation’s medically underserved populations. To best meet the needs of customers and patients, Walgreens offers a true omnichannel experience, with fully integrated physical and digital platforms supported by the latest technology to deliver high-quality products and services in communities nationwide.
The actual salary an employee can expect to receive, plus bonus pursuant to the terms of any bonus plan if applicable, will depend on experience, seniority, geographic location, and other factors permitted by law. To review benefits, please visit jobs.walgreens.com/benefits. "An Equal Opportunity Employer, including disability/veterans".
Basic Qualifications
- Bachelor’s degree and at least 2 years of experience with public accounting, corporate tax and/or accounting at a firm, government agency or company with sales in excess of $1 billion OR High School/GED and 5 years of experience with public accounting, corporate tax and/or accounting at a firm, government agency or company with sales in excess of $1 billion.
- Experience with technical tax laws, regulations and interpreting tax laws.
- Experience supporting the execution of tax strategy based on the key objectives and goals of the Company.
- Experience developing and delivering presentations to various audience levels within an organization.
- Intermediate level skill in Microsoft Excel (for example: using SUM function, setting borders, setting column width, inserting charts, using text wrap, sorting, setting headers and footers and/or print scaling).
- Intermediate level skill in Microsoft PowerPoint (for example: applying a theme, formatting character spacing, inserting a picture, changing slide layout and theme colors, adding transitions, customizing slide numbers, changing chart style and/or formatting font).
- Intermediate level skill in Microsoft Word (for example: inserting headers, page breaks, page numbers and tables and/or adjusting table columns).
- At least 1 year of direct leadership, indirect leadership and/or cross-functional team leadership.
- Willing to travel up to 10% of the time for business purposes (within state and out of state).
Preferred Qualifications
- Bachelor’s degree and at least 6 years’ experience with public accounting, corporate tax and/or accounting at a firm, government agency or company with sales in excess of $1 billion, or 5 years' experience in Big 4 public accounting state tax team or Big Law state tax team.
- Significant experience managing state income tax audits. Significant experience managing and teaching staff.
- Significant legal research and analysis experience.
- Significant financial/accounting data analytics experience with regard to state tax returns and audits.
- Ability to aggressively manage extensive audit inventory including IDRs, analysis, research, and management reporting.
- Strong verbal and written communication skills.
- At least 2 years of experience of direct leadership and/or cross functional team leadership.
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Salary Range$92500 - $148000 / Salaried