Senior Manager, Tax Credits and Incentives
Bentonville, Arkansas
*This position has a very definite goal and timetable. This is a succession candidate to the current Director of Tax Credits and Incentives and the Company would like to promote in six months when the Director moves into a Senior Director role.
Are you ready for a position that encourages creative, out-side-the box thinking? When people describe your skills do they use any of the following phrases?
- Problem solving mind-set
- Strong financial, numeric, and analytical skills
- Excellent multi-tasking, prioritizing, and time management skills
- Excellent public relations, communication and strong negotiation skills
- Concise and accurate written and verbal communication skills including presentation skills
- Strong leadership and management skills along with the ability to make decisions and develop new procedures
The Senior Manager, Tax Credits and Incentives is responsible for leading the compliance reporting for Wal-Mart’s tax credit and incentive programs, identifying new tax credits and incentives opportunities, managing tax credit and incentive projects and initiatives, leading a team of internal associates, and managing various teams of external vendors.
Summary of Responsibilities
- Uses technical tax credits and incentives knowledge and experience to lead a team of tax professionals and outside consultants in managing the business activities related to the preparation of compliance for federal, state and local income tax credits and other negotiated tax incentives for all Wal-Mart entities in all 50 states.
- Organizes and prioritizes all projects and compliance reporting for tax credits and incentives programs, delegates assignments and projects to team members and outside consultants, and performs thorough review of delegated work.
- Leads large tax credits and incentives project initiatives, creates project plans, organizes workflows, and delegates assignments as appropriate.
- Identifies and secures new tax credits and incentives by negotiating tax credits for ongoing and expanding operations, reviewing new tax legislation, and leveraging previous experience.
- Seeks to align Wal-Mart’s tax credits and incentives portfolio with Wal-Mart’s strategic business initiatives.
- Reviews opportunities to purchase Federal and state tax credits.
- Leads audit support for credits and incentives programs.
- Assists in building relationships with both outside and internal customers.
- Participates in evaluations, giving guidance for the growth and development of indirect and direct reports.
- Provides and maintains appropriate documentation for SOX compliance.
- Manages vendors’ and customers’ expectations and workflows.
- Researches and provides analysis on legislative matters relating to tax credits and incentives regarding the impact of potential law changes to Wal-Mart's incentives positions.
- Uses income tax technical knowledge to advise internal Tax and external Wal-Mart teams on tax credits and incentives impacts to Wal-Mart’s Federal and state income tax positions, income tax accounting, and effective tax rate.
- Negotiates fee arrangements with outside consultants, tracks internal and external expenditures, controls expenses, and processes consulting invoices
- Understands company's payroll and financial accounting systems and uses that understanding to train team members and consultants to properly prepare compliance reporting.
Additional Qualifications
- Bachelor’s degree in Accounting, Finance or Business related field required; JD or Masters in Accounting, Taxation or Business Administration Tax experience preferred
- 3 to 5 years of management experience in a tax related role
- 7 to 10 years business or professional experience
- Proficient in contract law
- Experience in retail or related industry a strong plus.
The emphasis of this position is on promotion and that is nothing new to this tax department. Wal-Mart is aware that to have a best-in-class department, you have to (1) hire the best people and (2) give them an opportunity for processional growth and personal fulfillment. Explore this opportunity by contacting Marlon Banks in Human Resources. Just click the link on this web posting to send us your resume.
Wal-Mart Stores, Inc. (NYSE: WMT) serves customers and members more than 200 million times per week at more than 7,800 retail units under 55 different banners in 15 countries. With fiscal year 2009 sales of $401 billion, Wal-Mart employs more than 2.1 million associates worldwide. Wal-Mart may have fallen to second place, but shareholders surely don't mind: Last year Wal-Mart boasted the seventh-best one-year stock return of any Fortune 500 company: 19.99%. With credit-crunched consumers looking for bargains, Wal-Mart has emerged as a rare recession-buster. (www.walmart.com). To learn about the company behind the statistics, click on the following link http://walmartstores.com/AboutUs/
Wal-Mart is an Equal Opportunity Employer
