CORNELIA CARTER

www.linkedin.com/in/corneliacarter

ad39cj@r.postjobfree.com

TEL: 973-***-****

Data-driven and results-oriented global tax professional with over 15 years of experience in Tax Provision and Tax Compliance. Highly skilled in federal, state and US International income tax preparation and review.

Areas of Expertise include:

Process Improvement Tax Data Management ASC 740 Compliance

Research & Planning Domestic & International Audits FIN 48 & SOX 404 Compliance

Transfer Pricing Employee Mentoring & Training Tax Compliance & Provision Software

Experience

Kroll LLC. (Morristown, NJ)

Senior Tax Manager (Risk and Financial Advisory Services)

April 2022 – Present

• Assist in management and review of the quarterly and annual tax provision pursuant to ASC 740.

• Liaison with external services providers to ensure accurate and timely completion of Non US returns

• Provide support on federal, state and foreign audits

• Support data gathering and analysis for internal and external tax information requests

• Proactively identify, document and communicate recommendations for process improvements

• Monitor changes in tax laws to ensure impact to the business is assessed and mitigated

• Manage a team of four tax professionals

• Support various ad hoc tax planning and special project work

Eisai Inc. (Nutley, NJ)

Tax Manager (Pharma)

Dec 2021 – April 2022

Support income tax compliance process, including review of federal consolidated income tax return, and corporate state income/franchise tax returns; review the quarterly estimated tax payment and extension calculation for federal and states

Maintain state and local calendar and taxation matrix for all subsidiaries; research and conclude upon nexus attributes of all companies, working with outside tax consultants where necessary; and responsible for analyzing and identifying state filing methodologies (i.e. separate, combined, unitary)

Support the income tax provision process and ensure timely, accurate compliance with all aspects of ASC 740 reporting, including calculation of U.S. income tax provision, and preparing tax account reconciliations and roll-forward analysis.

Analyze uncertain tax positions under FIN 48 and maintain appropriate documentation.

Support various special projects such as research tax credit study, financial analysis of intercompany transactions related to state apportionment and intercompany elimination, and mergers and acquisition related items etc.

Verizon (Basking Ridge, NJ)

Sr. Tax Analyst – Consultant (Telecommunications)

February 2021 – December 2021

Preparation of business licenses, regulatory filings, conducting research and interpreting statutes and laws, working with accounting and surcharge analysis and other related tasks

Responsible for handling the wireless and wireline compliance process for the Regulatory Team

Prepare business licenses for all Verizon owned companies to ensure that they are accurately and timely filed in accordance with applicable laws, regulations, judicial decisions and rulings.

Create process improvements when needed

Conduct research as needed, including the tax impact to Regulatory filings

Ensuring adherence to all SOX controls

Work on projects as needed related to local business license filings

Synchronoss Technologies Inc. (Bridgewater, NJ)

Senior Tax Manager (Telecommunications)

April 2016 – March 2020

Manage the quarterly and annual worldwide tax provision in accordance with ASC 740

Technical tax review and management of all aspects of the income tax compliance process

Delegate and manage tax research projects

Provide support on various federal, state, and foreign audits

Assist the VP and provide general tax advice and support on US tax matters, including; review of disclosures for tax return purposes in regards to tax planning initiatives, federal and SALT compliance

Review the accuracy of tax calculations, returns and memorandums. Manage the preparation of working papers and electronic files

Manage US international and non-US tax research initiatives, transfer pricing research, and changes in US and non-US tax laws (utilizing tax research tools Bloomberg, CCH and RIA Checkpoint)

Assist in the due diligence process for potential acquisitions by preparing financial models to assess tax impact, and preparing international tax planning initiatives

Assist with integration of acquired companies into the company’s transfer pricing model and policies

Perform the review of consolidated and combined income tax returns prepared by external auditors

Mentor one tax professional

Tax Manager II/Senior Tax Consultant (NJ/NY)

Samsung, TD Bank, Novartis and Aerosoles (Retail, Banking and Pharma)

May 2013 – April 2016

Effectively support corporate tax departments with federal, state, and local tax compliance through extensive review and preparation of whitepaper as well as assisting in preparation and review of consolidated federal tax return, federal proforma returns, separate and unitary state returns

Provide high level support on various federal and state audits

Assist with the management of the worldwide ASC 740 tax provision through reconciliation of worldwide deferred taxes, establishing and/or remodeling quarterly policies and processes as well as testing for impairment of deferred tax assets

Provide support on various federal, state, and foreign audits

Research of tax statutes, regulations, and case law to assist in identifying any issues during the tax return preparation process to ensure accuracy of filings (Utilizing online research tools i.e., CCH, RIA Checkpoint and Bloomberg)

Ensure tax department is compliant with Sarbanes Oxley through identification of any weaknesses or inefficiencies in tax policy and procedure

Cytec Industries Inc. (Woodland Park, NJ)

Senior Tax Manager - $2B Global US-based Chemical Manufacturing Company

June 2005 – April 2013

Tax Accounting – Primarily responsible for the identification of and the implementation of key tax process improvements and ensuring all tax reporting requirements are completed timely and accurately

Review and manage the quarterly and annual tax provision process for all CFC’s

Prepared and/or reviewed balance sheet roll for foreign jurisdictions, prepared International ETR schedule, adjusted deferred tax accounts for rate, and current activity

Provide support on various federal, state, and foreign audits

Assisted with proper design, operation, and maintenance of SOX controls, including updates to tax-related SOX 404 documentation, control design, control testing and remediation efforts

Development of updated internal tax policies to improve financial reporting under US GAAP, ASC740 and FIN48

Manage US international and non-US tax research initiatives, transfer pricing research, and changes in US and non-US tax laws (utilizing tax research tools CCH and RIA Checkpoint and BNA)

Assist in the due diligence process for potential acquisitions by preparing financial models to assess tax impact, and preparing international tax planning initiatives

Lead team of professionals in the implementation of OneSource Provision software (lead training sessions for our non-US finance personnel

Tax Reporting and Planning – Partner with business units to proactively identify and research tax planning opportunities

Research regarding recently issued accounting guidance and performed detailed analysis as it pertains to non-US tax accounting issues

Assisted with Non-US tax audit/inquiries and assisted with US domestic audits

Assist the Tax Director of Reporting and Compliance in due diligence and/or related supporting activities for M&A (i.e., recording of purchase accounting adjustments, pre-acquisition tax liabilities)

Oversee various detailed rollforward schedules (i.e., current payable, deferreds, NOLs, VA analysis and tax credits) on a quarterly and annual basis to support research, planning and compliance functions

Liaison with domestic tax group on a quarterly basis to ensure proper communication of US reporting and compliance initiatives

Managed a team of three tax professionals

Donna Karan Company LLC (New York, NY)

Senior Tax Analyst (Leading apparel designer and manufacturer)

Feb 2003 – June 2005

Primary responsibilities include approximately 60% compliance, 40% special projects, audits, and research

Assist in the preparation and filing of federal, state, and local tax returns for all Donna Karan International companies and prepare quarterly estimated income tax payments

Analyze and monitor all tax accounts to establish adequate accruals and reserves that support the tax position of Donna Karan International in accordance with GAAP

Assist tax manager with ongoing special projects and analysis related to corporate acquisitions, dispositions, and restructuring activities

Manage all state audits, compile documentation, research and prepare written memoranda in response to IRS, state, and local audit information requests

Stay abreast of federal, state, and local tax reform proposals, court rulings and IRS position announcements that impact the business

Respond in a timely fashion to federal, state, and local agency notices

Donna Karan Company LLC (Carlstadt, NJ)

Sales Audit Manager

January 2000 – February 2003

Review, analyze and correct sales audit data in STS system and reconcile variances

Drove improvement in the management of fixed assets through successfully implementing fixed asset accounting software

Maintenance of monthly interface and reconciliation of all sales data from the STS system to the general ledger and recording of all sales-based allocations

Maintain monthly accruals and reclass entries for rent and prepaid rent remittances for lease payments. In addition, maintain annual lease schedules for footnote to financial statements

Prepare and file sales & use tax returns

Assist with all state audits

Create procedures for the control of expense accounts ensuring that they are aligned with budget

Supervise, train, and develop staff accountant and sales audit associate to ensure accurate and timely reporting of all division information

Education

BS in Accounting – Rutgers University, 2000

MS in Taxation – Rutgers University, 2013

CPA Certification – (expected completion 2024-25)

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