Equipment Leasing Sr Tax Accountant - Twp of Washington, NJ - Twp of Washington, NJ

At Valley Bank, we believe in people's growth potential. We invest in it. We protect it. We focus it. For nearly 100 years, we've been the Bank that clients from every industry turn to for our expertise, strategies, and advice--building the kind of trust that can fuel every goal. We are the leading relationship bank built for growth--with over $60 billion in assets, 3,800 experts, and more than 200 consumer branches and commercial banking offices in communities across the US.

At Valley, we're all driven by an ambition that goes deeper than just having a job. That's why when you work for us, we make it our goal to help you focus on what drives you--working to turn your passions and strengths into assets you can use to propel your ambitions and build the professional legacy you want. Because when we say we're a relationship bank built for growth, that's not just reserved for our clients--that includes all our associates as well.

The HCC Sr Tax Accountant is responsible for performing Tax preparation and research related to Leasing Transactions at Highland Capital Corporation. Tax function includes Sales & Use Tax, Business Licenses, State Corporate Income Tax, Federal Tax support for M1 items, Secretary of State Annual Reports, Property Tax and Tax audits.

• Sales & Use Tax:
  
  
  
  
  • Sales & Use tax preparation and filings for all 50 states, and various county & city jurisdictions (M, Q, A).
  • Responsible for researching tax rates and taxability of various types of lease transactions.
  • Evaluation of customer presented Exemption Certificates.
  • Provide Proof of Sales Tax paid for customer audits.
  • Prepare and Issue Highland Resale Certificates for all states and multi-state jurisdictional form.
  
  
  
  
• Business Licenses:
  
  
  
  
  • File Business Licenses annually for states, counties, cities (new and renewals).
  
  
  
  
• Tax Research:
  
  
  
  
  • Research tax implications of various lease transaction structures.
  • Research Tax Regulations and Reporting requirements for all 50 states and county & city jurisdictions.
  • Respond to internal sales force tax questions/issues via contact with appropriate jurisdiction.
  • Handle any correspondence received from jurisdictions.
  
  
  
  
• State Corporate Income & Franchise Tax :
  
  
  
  
  • Preparation of Sate Corporate Income / Franchise Tax returns for Highland Capital Corp approximately 46 states.
  • Preparation and Filing of Quarterly Estimate and Extension payments.
  • Calculate Allocations / Apportionments by State.
  • Provide supporting documentation to VNB Corporate Tax Dept with regard to the NY & NJ returns.
  • Prepare Book-to-Tax Rollforward file.
  
  
  
  
• Federal Tax Support:
  
  
  
  
  • Preparation of data required of Valley Tax Department for purposes of filing the Highland Capital Corp 1120 return.
  • Preparation of support for form 1120 M1 items: Depreciation on true leases and fixed assets, Rentals on True leases, Interest income deduction, Non-accrual Income.
  
  
  
  
• Secretary of State (SOS) Annual Reports:
  
  
  
  
  • Responsible for Highland's registration with every state's Secretary of State Department.
  • Preparation of each state's SOS Annual Reports.
  
  
  
  
• Personal Property Tax:
  
  
  
  
  • Liaison between Highland and 3rd party outsource company Advance Property Tax Compliance Group (APTC).
  • Provide details relating to Property Tax Charges for lessees requesting the information.
  
  
  
  
• Tax Audits and General Tax Compliance:
  
  
  
  
  • HCC contact person for all Tax Auditors from various states (Sales & Use, State Corporate Income / Franchise).
  
  
  
  
• General Ledger:
  
  
  
  
  • Insure that General Ledger tax accounts reconcile to tax return activity.
  
  
  
  

• Knowledge of Equipment Finance industry and key lease accounting principles.
• Self-motivated but able to succeed both independently and as part of a team.
• Strong written and verbal communication skills and the ability to build productive and co-operative relationships.
• Highly motivated and analytical individual with attention to detail, accuracy and efficiency.
• Ability to manage multiple workstreams and focus energies on most in-demand items.
• Technical experience with Excel and lease accounting systems.
• Ability to manage multiple priorities effectively in a fast paced environment while consistently meeting deadlines and leadership expectations.

• Bachelor's degree in Accounting / Finance and a minimum of 5 years of lease accounting experience, or minimum of 5 years of Corporate and Sales Tax preparation and filing experience.

We provide a comprehensive and competitive total rewards package including base salary determined by factors such as the role, relevant experience, skill set, and geographical location. Eligible positions may also be eligible to receive commission-based compensation and/or discretionary incentive compensation, which may be awarded as cash or forfeitable equity, recognizing individual performance and contributions.

In addition to financial compensation, we offer a robust suite of benefits tailored to meet diverse employee needs based on eligibility criteria. These include comprehensive health care and insurance plans, retirement savings options, tuition and adoption reimbursement programs, paid time off, mental health support, and other valuable benefits programs. Further details regarding total compensation and benefits will be shared during the hiring process.