As Vice President of Domestic Income Tax at FIS, Rachel Ayres plays a pivotal role in shaping the tax function to align with the company's strategic objectives. With a deep passion for enhancing operational efficiency, Rachel leverages her extensive expertise in finance and accounting to...
As Vice President of Domestic Income Tax at FIS, Rachel Ayres plays a pivotal role in shaping the tax function to align with the company's strategic objectives. With a deep passion for enhancing operational efficiency, Rachel leverages her extensive expertise in finance and accounting to drive improvements across various business platforms. Her current responsibilities encompass managing the entire provision process and reporting, ensuring compliance with federal regulations, and overseeing internal and external audits. Rachel's proficiency in U.S. Generally Accepted Accounting Principles (GAAP) and tax preparation is instrumental in navigating the complexities of federal compliance, particularly in supporting the IRS cap program.
In addition to her compliance responsibilities, Rachel is actively involved in co-sourcing state compliance efforts with a leading Big Four firm, ensuring that FIS remains ahead of the curve in tax strategy and execution. She also manages state audits, providing critical insights and guidance on technical issues to her team, fostering a culture of continuous learning and development. Rachel is dedicated to coaching her colleagues, empowering them to enhance their skills in corporate tax and business process improvement.
Key projects under Rachel's leadership include initiatives aimed at integrating advanced data analytics tools, such as Alteryx, to streamline tax processes and improve reporting accuracy. By seeking out opportunities for process improvement, Rachel not only enhances the efficiency of the tax function but also contributes to the overall financial health of FIS. Her commitment to professional growth and technical excellence positions her as a leader in the tax domain, driving innovation and strategic alignment within the organization.
