Full-Time

Tax Manager

Confirmed live in the last 24 hours

OneMain Financial

OneMain Financial

5,001-10,000 employees

Provides personal loans for consumers

Fintech
Financial Services

Senior

Irving, TX, USA

Category
Tax Accounting
Accounting
Requirements
  • Bachelor’s degree in accounting or a related field; Master’s in Tax and CPA preferred
  • 5+ years of corporate tax experience, including experience with income tax accounting (ASC 740 and FIN 48)
  • Prior public company experience and/or public accounting firm (i.e., Big 4) preferred
Responsibilities
  • Preparation of the US GAAP tax provision and related footnotes in the Company’s 10-Ks and 10-Qs, including AETR management and analysis
  • Support and partner with the VP of Tax on all aspects of federal, state, and local income tax compliance activities, including the preparation, review and filing of tax returns and assisting with management of the audits of federal and state income taxes and state and local filings
  • Work collaboratively with the VP of Tax to provide technical support for tax planning initiatives, and analyze the tax implications of company decisions or new lines of business
  • Monitor changes in US federal and state law that could impact the company
  • Update, maintain, and enhance formal tax policies, procedures, and internal controls to ensure compliance with US GAAP and Sarbanes-Oxley
  • Coordinate with external tax advisors to support provision, compliance, and planning initiatives
  • Develop and maintain strong relationships with internal stakeholders to deliver outstanding customer service
  • Managing and training tax staff

OneMain Financial provides personal loans to individuals, particularly those who may not qualify for traditional banking services due to lower credit scores or financial challenges. The company offers both secured loans, which require collateral like a car or home, and unsecured loans that do not. This variety allows OneMain to meet diverse financial needs, such as debt consolidation and home improvements. Revenue is generated through interest and fees on loans, and the company also utilizes a securitization platform called Springleaf Funding Trust to bundle and sell loans as securities, ensuring a steady flow of capital for further lending. OneMain distinguishes itself from competitors by focusing on customer-centric solutions, offering personalized financial support through its extensive branch network and online resources. The goal of OneMain Financial is to provide accessible financial solutions to clients across the U.S.

Company Stage

IPO

Total Funding

N/A

Headquarters

Baltimore, Maryland

Founded

N/A

Growth & Insights
Headcount

6 month growth

4%

1 year growth

0%

2 year growth

4%
Simplify Jobs

Simplify's Take

What believers are saying

  • OneMain's acquisition of Foursight Capital expands its reach into the auto lending market, diversifying its portfolio and growth opportunities.
  • The company's Build: Credit Fundamentals education program demonstrates a commitment to financial literacy, potentially fostering long-term customer loyalty.
  • Significant investments from firms like Adage Capital Partners and Benjamin F. Edwards & Company indicate strong market confidence in OneMain's business model and growth prospects.

What critics are saying

  • Facing a class action lawsuit over alleged Military Lending Act violations could damage OneMain's reputation and financial standing.
  • The competitive consumer lending market requires continuous innovation and adaptation to maintain market share.

What makes OneMain Financial unique

  • OneMain Financial specializes in serving nonprime consumers who often lack access to traditional banking services, setting it apart from many competitors.
  • The company's securitization platform, Springleaf Funding Trust, provides a unique method of capital generation through bundling and selling loans as securities.
  • OneMain's extensive branch network across 44 states enhances its customer-centric approach, offering personalized financial solutions both online and offline.

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