The Senior Manager, Tax will serve as a hands-on tax subject-matter expert responsible for managing and executing the organization's federal and state income tax work, tax accounting, compliance, planning, and related activities. This role requires an experienced tax professional who can independently evaluate complex tax matters, work through the underlying details, identify appropriate solutions, and drive work through completion. The Senior Manager will partner closely with Accounting and Finance leadership, business partners, and external tax advisors to ensure accurate and timely tax reporting and compliance while identifying opportunities to improve the organization's tax position. The position is designed for a professional who is comfortable both leading tax matters and personally performing the work required to move them forward.
Expected Outcomes: Maintain accurate and compliant federal and state income tax reporting; manage current and deferred income tax accounting and related tax provision activities; serve as an internal resource for complex federal corporate income tax matters; independently research, analyze, and resolve tax issues; manage external tax advisors and deliverables; identify and execute practical tax-planning opportunities; and provide Finance and Accounting leadership with clear, actionable tax guidance.
The Senior Manager, Tax can do the following confidently and independently...
- Manage and perform the organization's federal and state income tax accounting activities, including current and deferred income tax calculations.
- Lead the preparation and review of the income tax provision in accordance with ASC 740, including analysis of book-to-tax differences and deferred tax assets and liabilities.
- Apply appropriate tax accounting across the Bank's businesses and ancillary investments and maintain a strong understanding of GAAP and tax accounting differences.
- Coordinate with external tax advisors on federal and state income tax returns, planning, technical matters, and other projects while maintaining internal ownership of deliverables.
- Independently research federal corporate income tax matters and translate technical requirements into practical recommendations.
- Monitor changes in federal and state tax law and assess their impact on the organization.
- Manage federal and state tax notices, inquiries, examinations, and audits, partnering with external advisors as appropriate.
- Review K-1s and other investment tax information and evaluate their impact on the organization's tax position.
- Develop and apply expertise in Low-Income Housing Tax Credit accounting and other tax-credit investments relevant to the organization.
- Identify, evaluate, and execute tax-planning opportunities and available tax credits.
- Provide tax analysis for transactions, investments, new products, and business initiatives.
- Partner with Accounting, Finance, and business leaders to evaluate current and deferred tax implications.
- Maintain tax documentation, workpapers, controls, schedules, and supporting analysis.
- Take ownership of tax projects from initial research and analysis through recommendation and execution.
- Serve as a tax subject-matter resource to leadership and other areas of the organization.
Begin to learn and become an expert in Low Income Housing Tax Credit (LIHTC) accounting. - Learn about the many areas in the Bank and their impact on current and deferred tax.
What we are looking for...
- 7+ years of progressive corporate income tax experience in public accounting and/or a corporate tax environment.
- Bachelor's degree in Accounting, Finance, Taxation, or a related field required.
- Strong federal corporate income tax knowledge and practical experience required.
- Strong understanding of ASC 740 and income tax provision accounting.
- Experience with corporate tax returns, tax provisions, tax research, and tax planning.
- Experience with publicly traded organizations preferred.
- Banking, financial services, mortgage, specialty finance, or other complex financial-services tax experience strongly preferred.
- Prior public accounting experience, particularly with a Big Four or other national accounting firm, strongly preferred.
- Experience with partnership taxation, K-1s, LIHTC, tax-credit investments, and/or real estate taxation preferred.
- CPA preferred.
- Demonstrated ability to independently research complex tax matters, develop recommendations, and execute solutions.
- Ability and willingness to work at both the technical-detail and broader business level.
- Strong analytical, organizational, communication, and project-management skills.
- Demonstrated ability to work effectively with external tax advisors and internal business partners.
- Begin to learn and become an expert in Low Income Housing Tax Credit (LIHTC) accounting.
- Learn about the many areas in the Bank and their impact on current and deferred tax.
Our Benefits
At Merchants, we believe in investing in our people. Our comprehensive benefits package includes medical, dental and vision coverage, 401(k) and Employee Stock Ownership Plan (ESOP) participation, generous paid time off, wellness resources, and a standout Tuition Assistance Program that covers 100% of eligible tuition expenses, as well as required books and materials. Whether you're advancing your education, growing your career, or planning for the future, we're committed to supporting your success every step of the way.
About Merchants
Ranked among the top-performing U.S. public banks by S&P Global Market Intelligence, Merchants Bancorp is a diversified financial holding company headquartered in Carmel, Indiana. Through its banking, mortgage, investment, and lending platforms, the Company operates nationwide across multifamily housing and healthcare finance, mortgage warehouse lending, tax-advantaged investment programs, residential mortgage banking, agricultural lending, and traditional community banking. With approximately $21.2 billion in assets and $14.3 billion in deposits as of June 30, 2026, Merchants conducts its business through a family of specialized subsidiaries, including Merchants Bank of Indiana, Merchants Capital Corp., Merchants Capital Investments, LLC, Merchants Capital Servicing, LLC, Merchants Investment Partners, LLC, and Merchants Mortgage, a division of Merchants Bank. Merchants offers the entrepreneurial spirit of a growth-oriented organization paired with the stability, sophistication, and national reach of a diversified financial institution.
Merchants Bank and Merchants Capital have recently been honored with the 2025 USA Today Top Workplaces recognition, ranking 22nd nationally within the 500-999 employee category. This is the second year that Merchants has been recognized with this award. These accolades build on our strong history of workplace recognition, including being named a Best Place to Work in Indiana for seven consecutive years (2016–2022). For more information read the entire article here.
PM20 #CL
Notice of AI Use in Job Application Review
As part of our commitment in creating a fair, efficient, and consistent hiring process we may use artificial intelligence (AI) to help our recruiting teams organize, summarize, and analyze information provided by candidates, including resumes, application responses, and other materials submitted during the application process.AI may be used to identify patterns, highlight relevant skills, and experience, and assist in comparing a candidate’s qualifications with the requirement of a specific role. These tools are to improve efficiency and consistency while supporting more informed hiring decisions, which will ultimately be made by the hiring team.