Description
Our ideal candidate is someone who is excited to become a part of an awesome, fast-growing team and must display these three top (required) skills:
Demonstrated subject matter expertise in property, sales, and income tax processing
Experience in Consumer and/or Commercial Lease processing
Team leader/manager of tax specialists
General Position Summary
Tax Servicing facilitates and leads a team of sales tax, property tax, and income tax specialists across consumer and commercial loan, lease, and specialty portfolios. This role would have responsibilities for lease payments (sales tax calculations, property tax calculations, etc.), performs monthly recording and reviewing of tax transactions, and serves as a liaison with the CSM team for addressing client inquiries.
This role will be responsible for gathering, reviewing and inputting data into the lease and tax accounting and management software application, as well as extracting data to perform month-end journal entry processing, balance sheet reconciliations and other reviews of financial data. Provide guidance of correct payment application within the system. As needed, the Tax Ops Manager will work closely with the Operations, Financial Reporting, and Finance teams to setup and maintain processing large volumes of information in a short timeframe. This position will be onsite, with the opportunity to be hybrid after the first 120 days.
Perks
Medical, FSA & HSA, Dental, Vision + More!
401k - 100% vested once you start contributing. Generous company match!
Regular employee health, wellness & engagement activities!
Pet Insurance, because fur babies are important to us too!
As one of the pre-eminent Lending as a Service (LaaS) companies, our client sets the global standard for outperformance by delivering superior expertise, future-built technology, and meaningful services. We support our industry-leading partners with primary strategic services including Loan & Lease Servicing, Call Center Services, Backup Servicing/Capital Markets Support, Credit Card Servicing, and Card Marketing & Customer Acquisition. Vervent empowers companies to accelerate business, drive compliance, and maximize service.
If you’re interested in reviewing the full job description, continue reading below…
Primary Responsibilities
Manage and develop a team; working on accounts with lease and tax components
Documentation of all processes and policy and ensure adherence
Tax leader for all new client onboardings providing recommendations, solutions and execution procedures
Perform regular audits to ensure accounts are booked in properly into the system of record
Perform pre-close analysis and post-close reconciliation on the lease and tax portfolios
Communicate with business partners frequently and provide insight on accounting treatment and financial impact on leasing transactions
Review new or amended lease agreements in detail and validate all related data within the lease accounting systems
Maintain the integrity of data within the lease accounting systems
Assist on process transformation projects, example: data retention/migration projects, system updates and UAT testing
Assist with portfolio conversions and onboarding of new clients
Ensure SOC compliance by adhering to internal control requirements, maintain updated documentation and providing recommendations as appropriate.
Work cross-functionally with other groups to foresee potential accounting issues and recommend practical solutions associated with contemplated business transactions
Drive process improvements and automation to improve efficiencies
Works closely with internal and cross functional teams
Performing additional duties and responsibilities as required.
Requirements
Bachelor's Degree in Accounting or related area
Specialization on Lease accounting (lessee accounting)
Previous experience with tax and lease servicing platforms
Prior experience managing a team of hourly specialists
Solid understanding and application of ASC 842 lease accounting standard
Sales and use and personal property tax understanding preferred
Previous accounting and reconciliation experience required
Experience with lease administration database systems and accounting systems preferred
Previous experience successfully handling multiple projects simultaneously
Strong analytical skills, ability to research issues in complex accounting structure to resolve problems; detail oriented, yet able to identify issues and grasp concepts at broader level
Strong project management skills and able to move toward successful completion of project goals
Effective problem-solving skills.
Ability to work under pressure and within tight deadlines.
High level proficiency with Microsoft Office products, specifically Excel required
Maintain acceptable attendance standards.
Physical Requirements
The work is of an intellectual nature. While performing the functions of this job, the employee is required to stand and sit for prolonged periods. Specific vision abilities required include close and medium distance vision and the ability to adjust focus. Must be able to hear normal sounds, distinguish sound as voice and communicate through human speech. This position requires the ability to operate a keyboard, computer mouse, telephone, fax, copier, writing tools, and other standard office equipment. On an occasion, an employee will be asked to lift items weighing up to 35 lbs.
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Salary
Salary range for this role is $117,400 - $132,100 per year
TO APPLY - Please forward resume to Susanne Eisenberg at seisenberg@pailingroup.com
