a Different Breed
As an art major turned Taxologist, Judy Hamric’s unwavering work ethic and natural creativity enabled her to think about tax processes differently. Today, she is the VP of Tax for Tube City IMS.
Judy Hamric’s journey to becoming a Taxologist was an untraditional one. Early on, her creative nature drew her to becoming an art major. After some twists and turns on her journey, she found herself as a single parent working two jobs. At age 30, she decided to go back to school to pursue a career in accounting. She started at a local community college and ultimately received her four-year degree from a university. While in school, she continued working full-time, took on a variety of internships, and continued to care for her two growing children.
Why Adults Go Back to College
Career advancement was the most influential reason for going back to college across all majors. Students who entered engineering saw it as a way to earn more money. Students in arts and architecture, science and liberal arts saw their degrees as a way to increase their marketable skills as well as a personal accomplishment.
Possibility is Everywhere
After graduating at age 34, she was told she was too old to start a career. But that didn’t stop her. She began her accounting career with Coopers and Lybrand in 1998. The company realized right away she was a hard worker who was dedicated to managing both her job and family. From there, her career blossomed. In those days, paper-based processes resulted in time-consuming manual inputs and lengthy tax return turnaround times. While the hours were long, the experience Judy gained over those years was a key stepping stone on her journey.
Many people think there’s only one solution to a problem, but if you have a creative side, you think differently.
As her career moved forward, Judy worked for several public accounting firms and also spent nine years as the head of the tax department for a global plastic manufacturing company in Pittsburgh. She continued her educational journey as well, becoming a CPA in 1997 and earning a Master’s degree in Taxation in 2002.
In 2007, Judy joined Tube City IMS as a tax manager. Once again, her work ethic shined through and she was promoted to tax director four months later. With little tax technology in place at the time, Judy determined that Tube City’s spreadsheet-based provision process presented risks for the company. As a growing international company that would eventually include over two dozen foreign subsidiaries, Judy recognized that Tube City simply had too much volume to continue with its current tax processes.
With a Vision
Judy’s contributions to the tax department continued to catapult her career at Tube City IMS, where she was promoted to VP of Global Tax in 2012. Her visionary qualities gave her the ability to understand the importance of managing tax as a comprehensive end-to-end process with legal, operational and financial aspects. With ONESOURCE as the foundation, she was able to collaborate and integrate these functions, as they related to tax, to save her company time and money, reduce risk and avoid duplicate work.
Tube City IMS is a leading provider of on-site, industrial steel mill services for steelmakers around the world. Our people, services, technology and equipment provide invaluable resources that support and enhance our partners’ entire manufacturing operations.
It starts with you
Judy’s visionary qualities gave her the ability to understand the importance of managing tax as a comprehensive end-to-end process with legal, operational and financial aspects. With ONESOURCE as the foundation, she was able to collaborate and integrate these functions, as they related to tax, to save her company time and money, reduce risk and avoid duplicate work.
As Judy looks to the future, her next tax technology venture will be the Global Access module of ONESOURCE Tax Provision for Tube City IMS’s international provision process. Her goal is to increase international controls, efficiencies and closing processes. With this implementation, she’s estimating 30-40% improvements in efficiency and cost. She will also begin the process for international BEPS compliance planning and workflow processes, and wrap up a two-year project for global transaction tax and ERP implemented across 76 U.S. sites and 10 countries.
For Judy, the days of working long hours has ended. By automating, standardizing and streamlining tax processes, she enjoys more accurate, efficient and timely results at work, and more quality time with her husband, children and grandchildren. If there is one piece of advice she can offer aspiring Taxologists, it is this:
Don’t ever think you’re too old to try something new. It’s never too late.
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