Head of Tax

Company: PURE Insurance
Location: White Plains
Posted on: January 18, 2023

Job Description:

About the role.The Head of Tax will oversee all corporate tax activities of the multiple legal entities comprising the PURE Group of Insurance Companies. -The position will report to the Controller and be responsible for ensuring US (federal & state) and international tax compliance.What you'll do.

• Manage income tax accounting process, including calculation of tax accruals on monthly quarterly, and annual basis and preparation of required tax disclosures in financial statements prepared under several methods of accounting reporting processes, including US GAAP, IFRS and statutory accounting.
• Coordinate with external advisors on the preparations of federal, state, local and international returns, including insurance premium tax. Oversee the remittance of installment payments to federal, state and local jurisdictions.
• Coordinate with tax team of Japanese parent company on global tax matters and compliance.
• Respond to all tax related audit requests, notices or inquiries from the IRS, regulators, internal auditors, and external auditors. -
• Prepare memoranda and supporting documentation for routine and complex tax technical and income tax accounting issues; present findings to senior management.
• Implement group transfer pricing policies and coordinate with external advisors on the annual filings.
• Identify, evaluate, and recommend effective tax strategies and coordinate with external advisors regarding tax planning opportunities.
• Research new tax development implications for the consolidated group and continued monitoring of existing standards.
• Lead the execution of all tax related financial controls; coordinate recurring control reviews conducted by external auditors, internal auditors, and others.What we're looking for.
  • Bachelor's degree in accounting, finance, or related field required. - Master's in accounting or taxation preferred.
  • CPA required. - Public accounting experience preferred.
  • 10 or more years of tax accounting experience in the insurance industry, previous experience with reciprocal insurers is a plus. Strong knowledge of ASC 740 and SSAP 101, knowledge of IAS 12 a plus. -
  • Strong oral and written communication skills, expected to communicate with internal and external stakeholders, including other departments, external tax compliance service providers, and auditors. Ability to articulate technical concepts in clear and concise manner.
  • Ability to accurately research and follow through on complex problem-solving items, as well as initiate resolutions.
  • Prior experience operating within a SOX 404/JSOX control environment is a plus.
  • Excellent organizational skills with the ability to manage, prioritize, and effectively meet deadlines working on multiple assignments simultaneously.
  • A commitment to continuous operational improvement.
  • Highest level of integrity and honesty.
  • Highly proficient knowledge of Microsoft Office products.The base salary for this role can range from $150K - $190K, based on a full-time work schedule. An individual's ultimate compensation will vary depending on job-related skills and experience, geographic location, alignment with market data, and equity among other team members with comparable experience.#LI-Hybrid

Keywords: PURE Insurance, White Plains , Head of Tax, Accounting, Auditing , White Plains, New York