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Nationwide

Sells insurance, annuities and retirement plans

Product Tax Consultant

Tax AccountingConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • An undergraduate degree with studies in tax, law, or accounting.
  • Progress toward CPA certification, Series 6, and/or LOMA designation is preferred.
  • At least six years of tax experience in financial services, a multiline insurance company, public accounting firm, or law firm.
  • Knowledge of statutory and/or generally accepted accounting principles (GAAP), modeling and tax systems, and research techniques.
  • Ability to communicate with management, insurance regulators, Internal Revenue Service agents, and consultants.
  • Ability to analyze operating results to project tax consequences and anticipate regulatory questions.
  • A valid credit and/or background check is required as part of the selection process.

Responsibilities

  • Review federal and state tax returns and perform on-site reviews with business partners when required.
  • Perform governance and oversight, including tax risk assessments and audits, to ensure compliance within business line partners.
  • Monitor product tax laws and regulatory developments, analyze enterprise impact, communicate impacts to management and key stakeholders, and assist with implementation across the enterprise; may represent the organization on product tax industry committees.
  • Research and analyze product tax risks and recommend solutions and tax strategies for new product launches and changes.
  • Design and test tax withholding and reporting logic with business analysts, information technology, and vendors; may serve as the primary point of contact for key vendors on day-to-day matters.
  • Manage and review user access to key product tax systems used across the enterprise.
  • Review responses to Internal Revenue Service and state information requests and external auditors; work with tax analysts and consultants to identify risks and tax adjustments for assigned entities and respond to information requests; work with tax attorneys on penalty mitigation and abatement.
  • Develop, monitor, and provide insights into tax analytics, including forecasting.
  • Verify the accuracy and completeness of tax calendars and communicate with key stakeholders.
  • Develop training materials and conduct sessions for internal stakeholders.
  • Represent the Tax Center of Excellence in scheduled meetings with business partners and key stakeholders, communicate tax issues, listen for changes in the business environment, and develop contacts to support timely tax responses and planning opportunities.
  • Assist with managing day-to-day tax reporting and withholding operations across the enterprise.
  • Perform other responsibilities as assigned.

Desired Qualifications

  • Progress toward CPA certification, Series 6, and/or LOMA designation.

About the Company

Nationwide

Sells insurance, annuities and retirement plans

Nationwide is an insurance and financial services group serving individuals, families and businesses across the United States. Its property and casualty arm covers cars, homes and commercial risks, earning premiums and paying claims. Its Nationwide Financial arm sells annuities, life insurance and retirement plans, earning fees and investment spreads on the savings it manages. Investment returns on the premiums and assets it holds add to its underwriting results across both businesses. The company began in 1926 as Farm Bureau Mutual Automobile Insurance Company, formed by Ohio farmers seeking fairer auto rates, and is headquartered in Columbus, Ohio.

Company size
10,001+
Company stage
Not listed
Total funding
$1.4B
Headquarters
Columbus, OH
Founded
1926

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