Sales And Use Tax Lead

Overview:

As a Sales and Use Tax Lead, you will be responsible for overseeing all aspects of the companys sales and use tax compliance and strategy. Your primary focus will be to ensure that the organization complies with all applicable sales and use tax laws and regulations while optimizing tax processes and minimizing tax liabilities. You will work closely with cross-functional teams, including finance, legal, and operations, to implement and maintain tax strategies that align with the companys goals and objectives.

Responsibilities:

1. Tax Compliance Management:

• Monitor and maintain compliance with sales and use tax laws and regulations at the federal, state, and local levels.
• Review and file accurate and timely sales and use tax returns, ensuring adherence to all applicable deadlines.
• Coordinate with external tax advisors to stay updated on tax law changes and ensure compliance with new requirements.
• Respond to tax notices and inquiries from tax authorities and resolve any issues that may arise.

1. Tax Planning and Strategy:

• Develop and implement tax planning strategies to optimize the companys sales and use tax position.
• Identify opportunities for tax savings and process improvements while mitigating potential tax risks.
• Collaborate with internal teams to align tax strategies with the companys overall financial and business objectives.

1. Sales Tax Audit Management:

• Lead and support sales tax audits, working closely with auditors to provide necessary documentation and resolve audit issues.
• Perform internal sales and use tax audits to identify and address potential compliance gaps proactively.

1. Training and Education:

• Conduct training sessions for relevant teams to enhance their understanding of sales and use tax compliance requirements.
• Ensure that the companys sales and finance teams are aware of any changes in tax laws that may impact their responsibilities.

1. Systems and Process Improvement:

• Evaluate existing tax systems and processes and identify opportunities for automation and efficiency improvements.
• Work with IT and other departments to implement and enhance tax-related software and tools.

1. Risk Management:

• Assess and manage sales and use tax-related risks, developing and implementing risk mitigation strategies.
• Ensure the companys tax practices adhere to internal control requirements.

1. Reporting and Analysis:

• Prepare and present regular reports on sales and use tax compliance, liabilities, and audit results to management.

Requirements:

• Bachelors degree in Accounting, Finance, Taxation, or a related field. A masters degree and/or professional tax certifications (e.g., CPA, CMI) are advantageous.
• Proven experience (typically 5+ years) in sales and use tax compliance, preferably within a multinational organization or public accounting firm.
• In-depth knowledge of sales and use tax laws and regulations at federal, state, and local levels.
• Strong analytical skills and attention to detail, with the ability to interpret complex tax laws and apply them practically.
• Excellent communication and interpersonal skills to work collaboratively with various teams.
• Leadership qualities with the ability to mentor and guide junior tax team members.
• Proficiency in tax software and Microsoft Office applications.

Note: The above job description is a general overview and may vary based on the specific requirements of the company. Additionally, tax laws and regulations are subject to change, so staying up-to-date with the latest developments is crucial for this role.