Director Property Tax

Profile

Best Buy

Leader of Best Buy’s personal/real property tax function—strategy, valuation, compliance, appeals, mgmt of outside professionals, audits of tax pymts, systems, data analytics, legislative analysis, team development, and relationships within Best Buy, with tax authorities, and with industry. Responsible for all property tax talent (hiring, development, performance assessment) and efforts to ensure fair and equitable property taxation.

Responsibilities:

Strategy – Partner w/ cross-functional leaders to create and implement direction and initiatives to ensure taxes are fair and equitable, and consistent with objectives. Provide leadership for property tax-related issues, projects, and personnel, including new ideas to enhance function.

Valuation – Expert in valuation methodologies re company assets. Communicate effectively with and challenge outside experts. Interpret and communicate valuations prepared by assessors/experts.

Appeals Expertise – Deep experience in property tax audits, appeals and litigation, procedure, valuation, work product principles, confidentiality, and proof. Work effectively with outside valuation/legal experts, and critically assess their recommendations. Compile, organize, and present high quality factual/legal evidence.

Negotiation with Govt Authorities – Specialized experience challenging tax assessments, valuations, and uniformity. Develop relationships built on mutual respect, credibility, and ethics.

Data Analytics/System Development – Increase function’s knowledge of large volume of relevant data, develop metrics to assess data, set priorities, evaluate internal/external resources, and enhance relevant systems.

Tax Payment Auditing/Procedures – Continuously improve real-time audit procedures/internal controls to assess accuracy of tax reimbursements to landlords, to obtain tax savings and improve efficiency. Pursue appropriate automation.

Accounting/Budgeting - Provide input to property tax budgets, and account properly for tax transactions. Track/analyze tax savings & outside fees.

People Development - Promote financial literacy with effective use of coaching and training. Pursue advancement for team members.

Internal Relationships/Communication - Develop constructive relationships with range of internal stakeholders. Team with other tax professionals to design/implement best practices. Make presentations and recommendations on strategic planning and savings initiatives.

External Relationships/Communication – Represent property tax at stakeholder meetings, industry groups, data and systems’ groups, specialized property tax groups, advocacy groups, and government groups.

Tools and Practices - Enhance function’s awareness and use of current tools to ensure fair property taxation

Qualifications: 12 years’ property tax, with demonstrated progression of responsibilities resulting in a leadership role within a corporation, or law, valuation or acctg firm

Expert knowledge of property tax/valuation principles and procedure; ability to research/interpret laws, draft position papers, draw conclusions and make decisions

8 years mgmt experience of internal & external talent

Preferred – JD, CPA and/or appraisal certifications

Expert negotiation skills, and ability to develop constructive relationships

Adv. conflict resolution skills

Proficient with property tax system housing large volume of tax parcel information for owned and leased properties.

Led complex, cross-functional projects to address critical business issues

Adv. ability to establish, negotiate, and manage vendor relationships

Accountable for decisions within a functional area and builds leadership consensus.

Influences own team and enterprise stakeholders. Adeptly interacts with outside professionals (industry groups and tax authorities)

Strong knowledge of accounting

Inclusive perspective; cultural and geographic knowledge and awareness

Proficient in MS Office products

Company info

Best Buy
Website : http://www.bestbuy.com