Experienced Tax Professional

Wesley Richards, MBA Accounting, MS (Tax)

972-***-**** (cell)

***************@*****.***

TAX MANAGER / SENIOR TAX MANAGER

Extensive hands-on international, federal & state experience in multiple industries, highly adaptable to cross-industry utilization of technical skills. Strong background in compliance, planning & research, audits, M&A, ASC 740 & FIN 48. Generate savings with resourceful application of tax laws. I have successfully brought 4 tax functions in-house, most recently for a publicly traded company and previously for 3 privately held companies in the past 10 yrs. International tax filing experience in Canada, Mexico, Japan, China, Australia, Vietnam, United Kingdom, Sweden among other countries.

Federal Corp 1120 / Partnership

Multi-State Income & Franchise

990/990-T/1065/ W-9/ FET/VAT

Tax Compliance/ Audits

Multi-State Sales and Use

International Tax/BEAT/GILTI

U.S. GAAP, IFRS, SEC, IPO

Tax Planning

ASC740/FIN48/IAS 12/FACTA

Internal Control/SOX 404/ASC 718

Transfer Pricing

Property Tax

Tax Research

Fixed Assets

Mergers & Acquisitions

Corporate Contributions

Saved Uniden America Corporation $91,000 by using a new property tax vendor and tax software company.

Implemented One Source/In Source Income tax, Vertex Sales tax and BNA Fixed Assets systems for prior employers.

Created new exemption certificate process for previous companies. Also implemented Avalara exemption system.

Instrumental in decreasing ACS audit tax assessment from $600,000 to under $100,000 for a savings of $500,000.

Saved Summit Truck Group $100,000+ through correcting errors found in IRS 720 tax returns previously filed.

Negotiated texas sales & use audit that saved $500K.Recaptured $105K in tax as a result of overpayment of use tax

Implemented new process related to FET calculation on trucks, trained staff on correct methodology preparation.

Professional History

Oportun Inc. – New publicly held FinTech company, Frisco, Texas with operations in Mexico 2019

Senior Tax Manager

Established dept, implemented policies & procedures, launched systems focused on efficiency & quality of reporting

Managed all federal & state tax return filings that represented footprint of 300 locations in 10states in U.S & Mexico

Responsible for driving reporting & presenting internal reports to CSuite.Identified tax credit incentive opportunities

Managed income tax preparation with Big4 firm.Worked with legal/HR related to Residency certificates & SSN issues

Reviewed quarterly tax provision process done by Big 4 firm.Oversaw all VAT crossborder tax issues with Mexico sub

Responsible for acquiring id for newly formed corporations. Managed tax audits, responded to all IDR audit requests

Created compliance calendar to ensure tax deadlines were met. Managed Property tax & Business license reporting.

Managed global annual tax provision process done by Big4 firm including footnote disclosures.Prepared FBAR report

Aspira - A Vista Equity company, Dallas, Texas with operations in China and Canada 2018 – 2019

Head of Tax/Tax Manager

Responsible for executing vision of tax department & supervising staff, with footprint in 35 states, Canada & China.

Implemented transfer pricing process & drafting of intercompany agreements. Served as SME to CFO related to tax issues. Successfully defended and negotiated multi-state income tax audit.Responsible for unclaimed property/1099

Coordinated with Big4 firm regarding income tax return preparation, global tax provision review, estimate payments

Identified & implemented process improvement actions in tax dept, this generated $200K in bottomline cost savings

Reviewed tax provision done by Big 4 firm. Worked on tax due diligence with Big 4 team to merge acquired company

Created a positive synergy between IT & accounting to develop reporting methods to increase accuracy & efficiency. Also accountable for consolidated reporting to parent. Assisted CEO with implementation of tax planning strategies

Effected indirect tax reporting including foreign GST, VAT, sales & use, Personal Property, Business License & notices

Kept current on legislation including Economic Nexus, Factor Presence, Marketplace Facilitator. Signed off on W-9s

Reviewed GILTI/BEAT/FTC/Subpart F/163j calculations done by Big 4 firm. Assisted with implementation of SOX 404.

Wesley Richards: 972-***-**** (cell), Page 2

Service Experts LLC, Plano, TX – sub of $1 billion publicly held Canadian company with operations in Canada 2016 – 2018

Tax Manager

Responsible for accurate and timely tax reporting and made internal management presentations to C-Suite.

Created tax department, implemented protocols that were effective and improved tax reporting. Spearheaded the direction of department developed workflow plans. Successfully defended income tax audit resulting in $1M saving

Implemented transfer pricing process & drafting of intercompany agreements. Support HR by answering tax issues.

Worked closely with Legal dept to clean up entity structure, this included selling business units and doing a spin-off.

Served as Subject Matter Expert to CFO and center locations. Advised on income, sales & use and GST tax issues

Coordinated with Big 4 accounting firm regarding preparation of returns, estimated payments and extensions.

Led global tax provision process. Reviewed quarterly & annual ASC 740 provision. Responsible for SOX 404 controls.

Managed the state income and sales and use tax return processes for 95 centers/ locations in 35 states and Canada.

Documented and initiated global transfer pricing strategy and policy including review of transfer pricing study.

Managed tax audits and handled protests. Attended hearings and negotiated settlements with authorities.

Monitored tax regulatory developments & law changes, taxability of new rental program, and advised on optimal tax structure. Reviewed contracts to ensure compliance. Created matrix to verify transactions were taxed correctly.

Identified actions for process improvement within the tax department and generated cost saving in excess of $100K

Coordinated unclaimed property compliance & 1099 reporting. Managed Property tax & Business license reporting

Responsible for acquiring tax id for newlyformed corporations.Responsible for Unclaimed property & 1099 reporting

Assessed uncertain positions and developed documentation to support tax positions taken by company.

Worked closely with Legal & Sales departments. Provided guidance on tax structuring and due diligence assistance.

Oversaw a department consisting of a Tax Supervisor, Sr. Tax Accountant and Tax Accountant -- including selection, mentoring, performance appraisal & professional development. Formulated cash forecast for budgeting purposes.

Summit Truck Group/Summit Holdings, Lewisville, TX - $800 million privately held trucking company 2016

Head of Tax/ Indirect Tax Manager

Formed tax department, executed policies and procedures. Communicated with CFO and the executive team frequently. Collaborated on strategic direction of tax department. Worked with CFO on planning and strategy.

Revised FET calculation & implemented new methodology to prepare it. Saved 100K after correcting errors with IRS.

Reviewed technical memos to support findings & conclusions.Prepared position papers in support of tax positions

Managed federal/state income & franchise and sales & use tax return preparation process in 8 states for 33 centers.

Coordinated with Big 4 accounting firm regarding the preparation of returns, estimated payments and extensions.

Consulting - Accounting firms including Saville Dodgen, PricewaterhouseCoopers & Weaver, LLP. 2014-2015

Reviewed 500+ federal & state income tax returns for various entities including Partnerships/C Corp in 40 states.

Provided audit support to clients on 100+ income & international tax audits. Reviewed state & federal tax provisions.

Researched state/federal issues, wrote technical memos, identified opportunities to secure tax credit incentives.

Reviewed 5471, 8865, 8858, 1118, 5472 forms. Helped clients with setup of VAT compliance for new foreign entity.

Conducted nexus studies for various industries included in-depth review of state income and international tax issues.

Worked closely with clients to cleanup entity structure, included selling business units, doing spinoffs & divestitures.

Worked on due diligence issues, corresponded with tax authorities. Managed Transfer Pricing reporting with clients.

ANPI. LLC, Frisco -Provider of carrier services to ILEC, CLEC, IXC & IP communications to small businesses

Head of Tax/Tax Manager 2013

Formed tax department, reviewed tax compliance policies, employed systems that helped value and effectiveness of tax reporting. Functioned under the CFO and worked on strategic plans and growth of the tax department.

Directed daily operations of the tax department, prepared tax returns including federal and multi-state income.

Defended company on all tax audits. Led tax projects including structuring, tax planning, integrations and M&A.

Managed shareholder-reporting process, including reviewing and approving K-1’s and partnership returns.

Led tax provision process including reviewing quarterly, and responsible for reviewing monthly tax accruals.

Wesley Richards: 972-***-**** (cell), Page 3

Uniden America Corporation, Irving – Consumer Products with operations in Japan, Vietnam & Australia 2011 – 2013

Tax Manager

Created tax department. Implemented and assessed tax compliance policies and standard operating procedures.

Implemented transfer pricing process & drafting of intercompany agreements. Oversaw VAT crossborder tax issues.

Worked closely with Legal dept to clean up entity structure, this included selling business units and doing a spin-off.

Directed daily operations of the tax department and personnel. Supervised 1 tax analyst.

Partnered with the CFO on tax planning and strategy. Accountable for Licenses, Escheat and 1099 reporting.

Prepared tax returns: state returns, federal consolidated return, sales & use tax returns, VAT/GST/HST.

Reviewed preparation of GST/VAT/HST/PST returns – Australia, Canada, UK, Vietnam, Mexico, Brazil, Spain.

Led Non-US tax provision process in accordance with Japanese SOX, oversaw US and Japanese SOX controls.

Led International Cross border tax planning initiative as company expanded into Mexico & Chile among others.

Prepared consolidated tax returns and schedules for 4 corporations in 45 states and 5 foreign countries.

Implemented fixed asset system (BNA), Insource/One Source Tax Software.

Ericsson, Inc. Plano, TX – Headquartered in Sweden 2009 – 2010

Senior Tax Specialist

Managed filing of tax compliance for 4 entities including Ericsson Services with taxable activity in 50 states.

Responsible for gathering, documenting and calculating R&D tax credit related to Ericsson’s Nortel purchase.

Prepared multistate returns on separate & unitary basis. Prepared quarterly tax provision-ASC 740 for 4 entities.

Blockbuster, Inc. McKinney, TX with operations in New Zealand, Germany, Denmark, Peru, Norway, Brazil 2008 – 2009

Senior Tax Analyst

Prepared Blockbuster federal consolidated return. Managed 5 state income tax audits. Supervised 1 tax analyst.

Responsible for instituting Penny testing initiative, allowing for payments to be made to states electronically.

Xerox Inc., formerly Affiliated Computer Services (ACS), Inc. Dallas, TX 2007

Tax Contractor – Planning and Audits

Researched and documented audit results of tax assessments. Cleared backlog of state income tax audits.

Comtel Telcom Assets LP, Irving, TX – Provider of wholesale telecom services to 3rd party resellers 2006 – 2007

Senior Tax Accountant

Managed filing of telecom reports with 3rd party vendor and income tax compliance. Managed UUT/USF audits.

Thomson Reuters, Dallas, TX 2000 – 2005

Senior Tax Accountant/Business Systems Analyst

Reviewed 1065, 990, 990PF, 1041, 1120 returns and resolved Go System/Insource/Fast Tax software issues.

Education and Training

Master of Science: Accounting with Taxation Concentration, University of Texas at Dallas, TX 2001

Master of Business Administration: Public Accounting, Pace University, NY 1995

Bachelor of Business Administration: Public Accounting, Pace University, NY Cum Laude 1995

Technical

CorpTax, OneSource, SAP, GreatPlains, Hyperion, JD Edwards, WorkDay, Dynamics, PeopleSoft, Vertex, Avalara, NetSuite

Affiliations

Member of Tax Executives Institute (TEI) Member of Financial Executives Institute (FEI)

Areas of Tax Expertise –

I have successfully brought 4 corporate tax functions in-house, most recently for a publicly traded company and previously for 3 privately held companies within the last 10 yrs. I was Head of the Tax Department at the 4 companies and led these projects.

Corporate and Partnership Federal and state income tax compliance – extensions, estimates and return filings.

Multi-State income tax apportionment analysis and development.

International Tax Experience – Canada, Japan, Mexico, Brazil, UK, Australia, Vietnam, Chile among others.

VAT Tax Experience as well as Canadian GST/HST and Quebec Provincial Tax.

Telecom Tax Reporting, USF reporting.

Property Tax Compliance and Sales and Use Tax Compliance.

Nexus studies – corporate filing requirements for state income/sales tax exposure.

M&A activities – due diligence, contract review, integration and implementation.

Uncertain tax positions reporting and documentation.

Audit administration – establish audit parameters, documentation and support of filing positions, auditor relations.

Tax software selection and Implementation – OneSource Income Tax and Fixed Asset.

Federal and state tax liability projections and budgeting forecasts.

Analysis of tax related factors for launch of new lines of business or site selection.

Transfer Pricing Documentation and Policy.

Coordination with outside advisors, auditors and consultants.

Employee benefits – fringe benefits, employment tax nexus.

Shared Service Center Experience: 95 centers and Canada at Service Experts in 35 states. Previously 33 locations in 8 states at Summit Truck Group. Worked with a Centralized Support office located in Georgia, I was responsible for reviewing sales & use and GST/HST tax returns prepared by the team in Georgia.

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