Senior Manager, Personal Property Tax Leader

Application Deadline:

08/15/2024

Address:

790 N Water Street

Job Family Group:

Finance & Accounting

BMO Vehicle and Equipment Finance is the third largest Bank Owned Equipment Finance Company in North America as reported with total assets of $22.1bn as of December 2023 in the Equipment Leasing and Finance Association Monitor 100

The BMO VEF Personal Property Tax Leader has oversight over U.S. personal property tax for all BMO VEF equipment finance portfolios. The Property Tax Leader will have deep knowledge of multistate personal property law and compliance management. The Leader ensures timely filing of all personal property tax returns, the correctness of all related assessments, and timely payment of all personal property tax related to BMO Vehicle & Equipment Finance.

We are primarily targeting having a presence out of our offices in Milwaukee or Chicago but will consider remote talent in the footprint: WI, IL, IN or MI.

• Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.

• Ensures alignment between values and behaviour that fosters diversity and inclusion.

• Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.

• Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.

• Attracts, retains, and enables the career development of top talent.

• Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.

• Acts as a trusted advisor to assigned business/group.

• Influences and negotiates to achieve business objectives.

• Recommends and implements solutions based on analysis of issues and implications for the business.

• Assists in the development of strategic plans.

• Identifies emerging issues and trends to inform decision-making.

• Supports the execution of strategic initiatives in collaboration with internal and external stakeholders.

• Helps determine business priorities and best sequence for execution of business/group strategy.

• Conducts independent analysis and assessment to resolve strategic issues.

• Oversees and supports the personal property tax compliance and tax return processes and related accounting activities / supporting documentation.

• Manages audits; prepares responses to queries about the Bank's position on resolving issues and proposed adjustments received from tax authorities.

• Provides input into the planning and implementation of tax accounting, reporting & compliance programs / processes e.g. tax provisioning, return filings, payments and audits.

• Supports the maintenance of the database / records management of all required filings and other tax compliance activities including audit responses; designs and produces regular and ad-hoc tracking reports to help ensure timely compliance.

• Researches and identifies position statements on current and proposed tax related issues, programs, initiative or legislation for the business/group/enterprise.

• Analyzes data and information to provide taxation insights and recommendations related to returns, re-assessments, objections etc.

• Collaborates with internal and external stakeholders in order to collect and provide tax information for related accounting entries; support tax provision; compliance; audits, etc.

• Builds effective relationships with internal/external stakeholders.

• Acts as liaison between stakeholders in order to align agendas and ensure a clear understanding of the business context.

• Monitors compliance with tax policies, procedures and controls to ensure completeness and accuracy of financial information.

• Executes work to deliver timely, accurate, and efficient service e.g. prepares / supports preparation of accounting entries, reconciliations, reporting packages and financial statements for tax provisions, payments and returns.

• Provides no tax advice directly or indirectly to particular customers or employees of BMOFG.

• Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.

• Provides specialized consulting, analytical and technical support.

• Exercises judgment to identify, diagnose, and solve problems within given rules.

• Works independently and regularly handles non-routine situations.

• Broader work or accountabilities may be assigned as needed.

Qualifications:

• Bachelors degree in accounting, finance, or related field

• Masters in Accounting, MST, or JD preferred

• 7+ years of personal property tax experience including compliance management

• Working knowledge in the application of personal property tax to equipment finance contracts including leases

• Working knowledge in the application of tax accounting concepts.

• Working knowledge of specialized PPT software

• Deep knowledge and technical proficiency gained through extensive education and business experience including demonstrated tax research skills

• Verbal & written communication skills

• In-depth.

• Collaboration & team skills

• In-depth.

• Analytical and problem solving skills

• In-depth.

• Influence skills

• In-depth.

• Data driven decision making

• In-depth.

Salary:

$79,800.00 - $148,000.00

Pay Type:

Salaried

The above represents BMO Financial Group's pay range and type.

Salaries will vary based on factors such as location, skills, experience, education, and qualifications for the role, and may include a commission structure. Salaries for part-time roles will be pro-rated based on number of hours regularly worked. For commission roles, the salary listed above represents BMO Financial Group's expected target for the first year in this position.

BMO Financial Group's total compensation package will vary based on the pay type of the position and may include performance-based incentives, discretionary bonuses, as well as other perks and rewards. BMO also offers health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. To view more details of our benefits, please visit: https://jobs.bmo.com/global/en/Total-Rewards

We're here to help

At BMO we are driven by a shared Purpose: Boldly Grow the Good in business and life. It calls on us to create lasting, positive change for our customers, our communities and our people. By working together, innovating and pushing boundaries, we transform lives and businesses, and power economic growth around the world.

As a member of the BMO team you are valued, respected and heard, and you have more ways to grow and make an impact. We strive to help you make an impact from day one - for yourself and our customers. We'll support you with the tools and resources you need to reach new milestones, as you help our customers reach theirs. From in-depth training and coaching, to manager support and network-building opportunities, we'll help you gain valuable experience, and broaden your skillset.

To find out more visit us at http://jobs.bmo.com/us/en

BMO is committed to an inclusive, equitable and accessible workplace. By learning from each other's differences, we gain strength through our people and our perspectives. BMO is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law. Accommodations are available on request for candidates taking part in all aspects of the selection process. To request accommodation, please contact your recruiter.

Note to Recruiters: BMO does not accept unsolicited resumes from any source other than directly from a candidate. Any unsolicited resumes sent to BMO, directly or indirectly, will be considered BMO property. BMO will not pay a fee for any placement resulting from the receipt of an unsolicited resume. A recruiting agency must first have a valid, written and fully executed agency agreement contract for service to submit resumes.