Assistant Corporate Tax Director

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Job Grade:

112

Please review the following job description:

Truist has an exciting opportunity for a results-driven Assistant Corporate Tax Director to play a meaningful role on our Corporate Tax Team. You will report to our Director of Tax Planning and Advisory and work with internal and external partners to manage various projects to maximize tax efficiency for the company. If you have a passion for tax planning work and enjoy the technical challenges of contributing to a growing company, this is the perfect opportunity for you.

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.   

• Research, analyze and resolve complex tax issues, applying a thorough understanding of relevant tax law and tax and regulatory accounting principles and concepts.  
• Document and communicate solutions (both verbally and in writing) to tax and non-tax professionals at various levels within the organization.
• Assist and/or manage restructuring and M&A transactions from a U.S. federal income tax perspective by working closely with internal stakeholders from legal, finance/accounting and business units.
• When necessary, work closely with external tax advisors to solve complex tax issues and drive through results.
• Advise on the tax implications of various deal structures or business products.
• Review transaction documents and recommend changes and best practices.
• Collaborate with business and other corporate stakeholders to develop and implement tax-efficient structures of deals and products.
• Identify and analyze tax planning opportunities and manage broad-based project teams to effectively implement tax planning initiatives.
• Create comprehensive project plans to facilitate project progress.
• Develop tax models to analyze the impact of tax strategies, changes in tax laws and potential transactions on the company’s overall tax position.
• Draft documentation related to tax positions taken.
• Must be able to communicate the results and explain the “why” to ensure that the results of transactions and initiatives are properly reflected in tax returns.
• Direct the preparation and use of tax records and information, as required, for proper completion of federal, state, and local tax returns.  
• May include reviewing and overseeing the preparation of such returns, effectively managing resources and escalating issues where appropriate.
• Identify and support process improvements to increase overall efficiency.
• Provide tax support to various business units.
• When necessary, coordinate and review responses to inquiries from taxing authorities.  
• Effectively communicate with taxing authorities to manage the audit process, where appropriate.
• Effectively manage tax risks inherent in transactions and initiatives.
• Mentor and coach less experienced teammates to build their own technical expertise and delegate work as appropriate. 

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Bachelor's degree and CPA.
• 10 years of professional experience including Big 4 or large corporate tax experience or an equivalent combination of education and experience.
• 6 years of reviewing moderate to complex tax returns and leading teams.
• Specialized knowledge in bank taxation, state tax, and/or tax accounting.
• Advanced understanding of principles, practices, theories and/or methodologies associated with the tax discipline, including knowledge of tax return software.
• Strong computer skills in Excel and other Microsoft products.
• Strong verbal and written communication skills.
• Advanced analytical skills and tax research skills and the ability to solve complex technical and business problems.
• Strong attention to detail.
• Ability to exercise judgement in solving technical, operational, and organizational challenges in the context of business objectives and priorities.
• Ability to work independently, with guidance in only the most complex and unusual situations.

Preferred Qualifications:

• Advanced degree in Taxation (MS or JD/LLM). 
• Banking or financial services taxation experience.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.