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We are looking for an experienced Senior Director of Tax to lead our client's Corporate Tax Department. In this growing financial institution, you will oversee the development and implementation of tax strategies that optimize the organization's effective tax rate while ensuring compliance with federal and state regulations. This position offers the opportunity to manage a skilled team, shape tax policies, and drive operational efficiency within a dynamic financial institution environment.
Job Responsibility:
Develop and implement tax planning strategies to minimize the company's effective tax rate and align with industry benchmarks
Oversee the preparation and accuracy of income tax provisions, footnotes, and filings for federal and state taxes
Manage and mentor a multi-member tax team to maximize efficiency and ensure the successful completion of all departmental tasks
Monitor and ensure compliance with federal and state tax laws, particularly those affecting financial institutions
Advise executive management on tax implications of business operations, transactions, and changes in tax legislation
Ensure the timely and accurate filing of over multiple state income tax returns, federal tax returns, and miscellaneous filings including sales and use tax, property tax, and customer withholding
Collaborate with external consultants to address complex tax issues and optimize departmental outcomes
Evaluate and implement strategies to improve tax reporting processes and maintain compliance with accounting standards
Provide insights into future effective tax rate expectations and recommend adjustments to financial strategies
Maintain thorough documentation and reporting to support audits and regulatory reviews
Requirements:
Bachelor’s degree in Accounting or equivalent work experience
advanced certifications such as CPA or Juris Doctor preferred
Minimum of 15 years of experience in corporate tax or public accounting, with a focus on financial institutions
Proven track record of managing and leading a multi-member tax team effectively
Expertise in tax accounting standards, including ASC 740 and related regulations
Thorough understanding of federal and state tax laws, particularly those relevant to the banking industry
Strong leadership and communication skills to effectively advise executive management on tax-related matters
Experience with preparing corporate tax returns and managing various tax filings
Ability to develop and execute tax planning strategies to optimize organizational tax outcomes