Diana Miller
Sea Cliff,New York
Summary
Accomplished tax director with over twenty years of experience in income tax accounting, compliance, controversy, research, and planning activities within the banking and financial service industries. A hands-on leader adept at designing and implementing tax planning strategies and integrating software solutions to ensure compliance with tax regulations, maintaining internal controls, and guiding process improvements to reduce overall corporate tax liabilities. Driven to continuously learn and stay ahead of tax law changes in order to provide value-added solutions to the organization.
Overview
24
24
years of professional experience
Work History
VICE PRESIDENT, DIRECTOR of TAX
Flagstar Bank, N.A. fka Signature Bank
New York, NY
07.2016 - Current
- Developed an internal tax function and led a team of 2 people to transition income tax provision preparation in-house while strategically using tax consultants to complete various other tax projects
- Develop, direct and maintain efficient and effective tax procedures, and systems of internal controls over tax processes across the organization
- Direct tax planning initiatives to support and align with the CFO, and other members of executive management
- Direct tax compliance and strategy development; ensure alignment with business plans, advise on tax structuring and strategic initiatives from a tax perspective
- Review quarterly and annual tax provision calculation including the annual effective tax rate, FIN 48, current tax provision and deferred taxes
- Review quarterly/annual tax disclosures within the organizations Form 10-Q/10-K filings
- Review annual audited financial statements for broker-dealer entity
- Serve as a key technical resource for accounting/finance teams, and other stakeholders across the institution
- Oversee and drive effective organization/maintenance of tax records, conduct and oversee tax studies and special projects
- Maintain current knowledge of tax trends, assess the impact, collaborate with senior management to incorporate new trends in current and future strategies
- Foster a strong control environment and oversee integration of those financial reporting and operational controls into daily routines, including mentoring and development of effective tax team
- Prepare internal memoranda, written correspondence/guidance, to advise senior management on tax matters
- Collaborated with business groups to add value to the organization, including tax credit deals, indirect tax refund opportunities, research credits
- Finance Transformation – steering committee member, design authority and workstream lead in Oracle Fusion Cloud ERP implementation.
Vice President, Tax Compliance and Technology
New York Community Bank
Westbury
04.2005 - 07.2016
- Directly responsible for all tax matters relating to residential & commercial lending and leasing business segments: periodic accounting for income tax reporting; return compliance; audit defense
- Assisted with audit defense preparation for federal and multi-state audits including: audit defense computations, IDR responses, RAR review and recommendations, and interest and penalty abatement
- Analyzed and prepared consolidated multi-state tax apportionment computations
- Researched and maintained all state filing positions for the combined group and specific lines of business; identified emerging risk/liability exposure on state-by-state tax basis
- Information was prepared and disseminated to compliance staff team of 4
- Analyzed and prepared quarterly book-tax adjustments for quarterly ASC 740 based provision that included loan loss allowance, loan origination, nonaccrual assets, hedging, mark-to-market securities, restructured debt and tax leases
- Responsible for annual setup and review of federal group consolidation, eliminations, and sub combined groups
- Business segment information reporting support including oversight of annual reporting, B and C notice analysis, product research, and penalty abatement
- Tax Technology – Project lead for examining and adopting effective tax technology as a core capability of the tax function
- Proactively interfaced with IT and other departments to facilitate knowledge sharing and data needs, discussed opportunities for process improvements, automation, and increased efficiency
- Represented the tax function as a member of the Steering Committee responsible for evaluating a new ERP system.
Tax Officer - Senior Tax Associate
Capital One Corporation
Melville
04.2000 - 04.2005
- Responsibilities included: preparing monthly and quarterly segment FAS 109 tax provisions, reviewing quarterly state estimated tax liability calculations, preparing federal 1120 tax returns for the consolidated group, preparing consolidated multi-state tax apportionment workpapers, and preparing state tax returns for all states on a separate company basis and combined level
- Conducted an economic nexus study for the consolidated group to determine tax liability exposure for each line of business on a state-by-state basis
- Was the Project Manager for the consolidation of 1099 information reporting function; responsibilities included implementing tax policies and procedures for individual subsidiaries to ensure that the group was in compliance with all aspects of information reporting; researching and compliance with new laws, implementing changes in reporting requirements; and implementing changes in the tax law
- Worked on various special research projects and modeled scenarios to examine the feasibility of new accounting methods for the consolidated group as a whole and separately for various subsidiaries.
Education
Master of Science - Taxation
Villanova University Charles Widger School of Law
08.2019
Bachelor of Science - Accountancy
Saint Peter’s University
05.2005
Skills
- Income Tax Accounting (ASC 740)
- Effective Tax Rate Forecasting
- Tax Compliance – Federal, State & Local
- Tax Controversy
- Tax Research and Planning
- Federal Tax Credits – LIHTC & ITC
- Specialty Finance & Tax Leasing
- Troubled Debt Restructuring
- Captive Real Estate Investment Trusts
- State Tax Planning
- Economic Nexus Review
- State Audit Defense
- Information Reporting, W8/W9
Technology Skills
- Thomson Reuters OneSource (Tax Provision, Income Tax, UTP, Checkpoint Edge)
- Oracle TRC
- Workiva WDesk
- Blackline
- Alteryx
- EY State Apportionment Tool
- BNA Income Tax Portfolios
- Microsoft Office Suite
- Various general ledger, loan, and leasing servicing products
Affiliations
- Board Advisory member for the Bank Tax Institute
- Member of the Women in Banking Tax group
- Member of Women in Financial Services group
Timeline
VICE PRESIDENT, DIRECTOR of TAX
Flagstar Bank, N.A. fka Signature Bank
07.2016 - Current
Vice President, Tax Compliance and Technology
New York Community Bank
04.2005 - 07.2016
Tax Officer - Senior Tax Associate
Capital One Corporation
04.2000 - 04.2005
Master of Science - Taxation
Villanova University Charles Widger School of Law
Bachelor of Science - Accountancy
Saint Peter’s University
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