Tax Director - US Income Tax Reporting

Company: Wells Fargo
Location: West Des Moines
Posted on: August 7, 2022

Job Description:

About this role:Wells Fargo is seeking a Tax Director - US Income Tax Reporting. In this role, you will report to the Global Corporate Tax Executive and lead a team of approximately 20 individuals responsible for all aspects of US federal and state income tax reporting. In addition, you will serve as a trusted advisor to management on various aspects of corporate income tax reporting. You and your team will support other areas in Corporate Tax including the US federal and state tax controversy and planning teams. Furthermore, you will help maintain and develop strategies for compliance with internal control standards and ensure proper risk management within the function.In this role, you will:

• Manage and develop a team of tax professionals with a focus on delivering timely and accurate US federal and state tax filings and calculations for accounting for income taxes
• Review and oversee preparation of US federal and state tax returns with concentration on ensuring your team maintains proper control standards
• Mentor, coach and properly direct a team to build their own technical knowledge while delegating work appropriately throughout the team to achieve this goal
• Identify opportunities and strategies for compliance and risk management requirements for supported area and work with stakeholders to implement key risk initiatives
• Provide strategic consultation to management through possession of excellent communication skills
• Communicate best practices and procedures for proper internal control activities in accordance with the company's internal controls policies
• Manage allocation of people and financial resources to ensure commitments are met and align with strategic business objectives and priorities
• Develop and guide a culture of inclusion and talent development to meet business objectives and strategies
• Provide technical interpretation on various matters and act as a key change agent in building and adopting best practices within the functional area
• Articulate impact of policy and tax accounting method changes to management within the function or companywide
• Apply a broad and deep technical expertise on income taxation in order to influence and provide direction to management on highly sensitive situations or negotiations
• Lead implementation of some of the most complex projects and initiatives impacting multiple lines of business or companywide
• Collaborate with and influence all levels of professionals, including peers and leadership
• Interact with external agencies, jurisdictional income tax authorities and industry forums
• Support initiatives within the department including providing needed information to key stakeholders as requiredRequired Qualifications, US:
  • 8+ years of Corporate Tax experience, or equivalent experience demonstrated through one or a combination of the following: work experience, training, military experience, education
  • 4+ years of Management experienceDesired Qualifications:
    • Extremely strong and relevant Corporate Tax experience in a management and leadership capacity
    • 8+ years of experience overseeing and reviewing moderate to complex US federal and state tax returns
    • Active Certified Public Accountant (CPA)
    • Bachelor's degree, as well as a Juris Doctorate (JD), Master of Laws (LLM) or a Master's degree in Taxation
    • Experience with Alteryx
    • Banking and financial services income tax experience, including knowledge with leasing activities, mark-to-market tax accounting, and tax equity investments
    • Extensive experience with US GAAP Accounting for Income Taxes
    • Understanding of US GAAP principles in the banking and financial services industry
    • Extensive experience in dealing with internal control standards and experience in leading a team or developing strategies to adhere to internal control standards
    • Strong leadership abilities and possesses an enhanced attention to detail while also being able to exercise judgement where appropriate
    • Excellent verbal and written communication skills
    • Strong computer skills with proficiency in Microsoft products
    • Ability to work independently, with escalation to seek guidance in complex and/or unusual situations
    • Possess advanced analytical and tax technical skills
    • Ability to exercise judgement in solving problems (tax technical, operational, organizational) to ensure achievement of business objectives and priorities
    • Experience in the technical and operational aspects of managing partnership investments We Value Diversity At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law. Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit's risk appetite and all risk and compliance program requirements. Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.

Keywords: Wells Fargo, West Des Moines , Tax Director - US Income Tax Reporting, Accounting, Auditing , West Des Moines, Iowa