Assistant Director, State and Local Tax

Corebridge FinancialJersey City, NJ
6d$124,000 - $199,000Hybrid

About The Position

The Assistant Director, State & Local Tax is responsible for overseeing the company’s state and local tax compliance and reporting across multiple tax types, including income/franchise taxes, insurance premium taxes, and indirect taxes. This role manages the preparation and review of tax filings, supports quarterly and annual tax provision processes, and ensures timely and accurate estimated tax payments and accruals. The position partners with internal stakeholders and external advisors to monitor state tax development, manage risk, and support the organization’s broader tax strategy while managing internal team members.

Requirements

  • Must have insurance or Big 4 (or close to it) experience required.
  • Strong technical knowledge of state income and premium taxes
  • Experience with state tax provision and reporting under ASC740, including quarter and annual provisions, accruals, and effective tax rate considerations
  • Proven ability to manage multi-state compliance processes, including estimated tax payments, return review and effectively responding to state tax authority examinations
  • Ability to communicate complex state matters to internal stakeholders
  • Bachelor’s degree in Accounting, Finance, or related field; CPA or other designation preferred, 10+ years of relevant experience.

Responsibilities

  • Premium Tax Accruals: Perform monthly review of premium tax accruals and approve monthly journal entries.
  • Premium Tax Returns and estimates: Coordinate the transfer of premium information to outside provider; Review annual premium tax returns and return to provision calculations, journal entries and approve payments.
  • Respond to state tax audits: Analyze, and submit requested audit information, and interface with state tax auditors. Coordinate with business units and outside provider to implement changes noted in the audit.
  • Income Taxes Quarterly estimated state income tax and state extensions: Provide necessary information to outside provider, review and approved state tax payments.
  • State Tax Packages: Coordinate state tax package preparation by business unit/tax leads and submission to outside provider.
  • State Tax Returns: Review state income tax returns and work with outside provider to ensure timely filing.
  • State Tax Provision: For year-end summarize net operating loss roll forward and assist with the current and deferred state tax calculations for separate and unitary states. Obtain the return to provision data from outside provider for inclusion in the year-end provision.
  • State Tax Audits: Assist outside provider with the requests and approve payments.
  • Indirect Taxes Sales and Use: Review calculations by outside provider and approved payments.
  • Property Taxes: Coordinate submission of data to outside provider, review and approve payments.
  • Other Interface with Legal and other areas: Respond to and assist with Legal with entity dissolutions, annual reports, entity tax filing inquiries, etc. Analyze State Tax Legislation

Benefits

  • Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
  • Retirement Savings: We offer retirement benefits options, which vary by location. In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
  • Employee Assistance Program: Confidential counseling services and resources are available to all employees.
  • Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
  • Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
  • Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.
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