Layne leads Devon Energy's (NYSE: DVN) Indirect Tax of $200M+ in annual Ad Valorem ("AVT") and Sales, Use, & Transaction ("SUT") taxes in 6-states. He has worked for 3-F500 companies including 2 as Mgr-AVT. He & his teams have been responsible for reducing taxes $300M+ within the past 20+ years.
Layne was a Tax Compliance Specialist at EY where he administered a former F150 retail distribution company's excise & SUT compliance of over 7,000 returns/450 accrual accounts within multiple jurisdictions.
At DVN he has led the AVT aspects of an ERP implementation and was directly involved in the planning & execution of insourcing AVT. Layne recently led the conversion of DVN's SUT engine reducing G&A expenses $100K annually.
Layne has a BBA in Finance from the Univ. of Oklahoma. He is a CPA licensed in Oklahoma and a member of the American Institute of CPAs, Institute for Professionals in Taxation, & TEI where he sits on the State & Local Tax Committee.