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Verizon Work Values

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Daily Duties at Verizon:

• Directing 58 employees working in 4 offices including 30 management, 18 union and 10 contracted employees. • Managing 7 different financial functions including $140M in refunds, $650M in intercompany transfers, $24M in third party settlements and $160M in write-offs annually. • Coordinating financial activities for millions of domestic and international customer accounts that span consumer, business and government lines of business. • Reducing annual refund processing costs by $350K by converting disbursement to an electronic format. • Coordinating the consolidation of 6 stand-alone financial applications into single web based solution. • Supporting quarterly and yearly financial audits conducted by both internal and external auditors. • Maintained $11M divisional budget consisting of salaries, pensions, benefits, and contractor expense. • Audited and accounted over $14B in payments annually across 12 subsidiary ledgers from the point of receipt to the month end close of corporate general ledger. • Streamlined operations and reduced cost by $1.8M annually through the consolidation of applications, vendors and banking relationships. • Maintained and refined Sarbanes Oxley, Payment Card Industry and banking audits and controls.


What they like about Verizon:

Working in an organization that is technologically advanced, creative, and innovative is critical in your assessment of hiring companies. Less important to you are stability of the organization, the length of time an organization has been in business, and the business' plans for the future. You prefer a fast-moving company that will take risks to achieve its goals and objectives. The length of time the company has been in business is irrelevant. Maintaining status quo is unnecessary. You thrive on change, uncertainty and the upside of potential business risks, especially those associated with innovation. Stability for the long haul is not nearly as important as is working in an atmosphere that is charged with a sense of urgency and constant change.



Information about Verizon


Company Rank: Not Available

Average length of employment : 9 years

Average salary of employees: $128,000

These are some of the questions we asked our climbers about their experiences with Verizon:

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Were your performance expectations clearly communicated?

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Were you recognized for meeting or exceeding expectations?

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Did you feel like your personal contribution was important?

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Was your career path clearly outlined and discussed?

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I would recommend this as a place of employment.
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I believe in the purpose of this organization.
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I would work for this organization again.
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I feel employees are fairly compensated.
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