Full-Time

Income Tax Accountant

Confirmed live in the last 24 hours

HCSC

HCSC

Health insurance provider in multiple states

Financial Services
Healthcare

Compensation Overview

$39.9k - $88.8kAnnually

Junior, Mid

Chicago, IL, USA

Hybrid position requiring in-office presence.

Category
Tax Accounting
Accounting
Requirements
  • Bachelor Degree in Accounting or Finance.
  • 2 year experience in corporate accounting and/or tax compliance, within the insurance industry is preferred.
  • Knowledge of federal and state corporate tax code and regulations.
  • Knowledge of the insurance industry is preferred.
  • Knowledge of preparing and processing journal entries and account reconciliations.
  • Experience with income tax technology software (e.g., Corptax, OnesSource) is preferred.
Responsibilities
  • Preparation of monthly and quarterly income tax provisions for GAAP and Statutory companies under ASC 740 and SSAP 101, as well as related tax footnote disclosures, and supporting analytics.
  • Participate in the completion of the consolidated federal and state corporate income tax returns, including preparing pro-forma returns within income tax software, calculating book to tax differences and estimated tax calculations.
  • Perform and/or assist with tax research as assigned.
  • Provide fresh perspective on tax processes and identify potential improvements, including the use of tax technology and automation, where applicable.
  • Collaborate with Tax Department peers to address tax issues and meet organizational objectives.
  • Stay abreast of technical developments with the US taxation of domestic corporations including provisions specific to the insurance industry.

HCSC provides health insurance services across five states: Illinois, Montana, New Mexico, Oklahoma, and Texas. The company offers a variety of health insurance plans designed for individuals, families, and businesses, ensuring that different healthcare needs are met. HCSC's plans work by collecting premiums from members, which fund the healthcare services they provide. In addition to insurance, HCSC invests in health and wellness programs aimed at lowering healthcare costs and enhancing the health outcomes of its members. What sets HCSC apart from other health insurance providers is its long-standing experience in the industry and its commitment to compassion and innovation in healthcare. The company's goal is to empower people to lead healthier lives while maintaining a focus on quality care.

Company Stage

N/A

Total Funding

$472.7M

Headquarters

Chicago, Illinois

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • The new Houston office will create numerous job opportunities, fostering local economic growth and community development.
  • The acquisition of Cigna's Medicare businesses will expand HCSC's product offerings and geographic reach, benefiting current and future members.
  • Recognition as one of the 'Best Places to Work in IT' and having a CEO listed among the 'Most Influential People in Healthcare' highlight HCSC's strong leadership and positive work environment.

What critics are saying

  • The $231,900 fine from the Illinois Department of Insurance for an inaccurate provider directory could damage HCSC's reputation and trust with members.
  • The integration of Cigna's Medicare businesses may pose operational challenges and potential disruptions.

What makes HCSC unique

  • HCSC's strategic expansion into local communities, such as the new Houston office, emphasizes its commitment to economic growth and local workforce development, setting it apart from competitors.
  • The acquisition of Cigna's Medicare businesses significantly enhances HCSC's capabilities and reach in the growing Medicare market, providing a competitive edge.
  • HCSC's collaboration with Feeding America to address root causes of hunger showcases its holistic approach to community health, beyond traditional healthcare services.

Help us improve and share your feedback! Did you find this helpful?