Domestic Tax Specialist

MassMutual • Springfield, MA

1d

About The Position

As a member of the Domestic Tax Unit, you’ll have an opportunity to join an engaged team of professionals who work to reduce the Company’s exposure to tax risks, support M&A transactions, provide high-quality tax advice, and satisfy tax accounting, reporting, and compliance requirements for the Company’s domestic life insurance companies and its non-insurance subsidiaries.

This role will report to the Domestic Tax Lead, a part of the Corporate Tax Department within Corporate Controllers. The team is responsible for federal and state tax compliance, GAAP and Statutory tax accounting including computations of quarterly and annual income tax provisions, financial statement reporting, and income tax planning and forecasting. To help us achieve our mission, we are hiring a tax specialist to join our team.

Our ideal candidate is an excellent communicator with strong tax technical knowledge and analytical skills. You’ll use your skills to influence change, solve issues, and create efficiencies while assisting team efforts to support tax compliance, accounting, and financial reporting initiatives.

Requirements

• 3+ years of tax accounting experience
• Bachelor's Degree

Nice To Haves

• Strong corporate tax technical knowledge
• Experience with insurance tax accounting, Statutory (SSAP 101)
• Strong computer skills, including tax compliance software, GL systems and research software
• Excellent oral and written communication
• Ability to identify issues, research and recommend effective solutions
• Strong interpersonal skills: ability to interact and collaborate within the Tax department and across the Company
• Excellent organizational skills, experience managing a diverse workload and skilled at prioritizing
• CPA or MST highly desirable

Responsibilities

• Prepare and review income tax provisions in accordance with GAAP and statutory accounting rules (ASC 740 and SSAP 101)
• Prepare and review required Federal tax forms for domestic life insurance and non-insurance subsidiaries
• Support GAAP and statutory audits
• Assist with IRS audits
• Assist with tax planning opportunities, M&A transactions, modeling tax impacts of proposed legislation and capital planning projects
• Develop a strong working relationship with internal and external clients
• Collaborate with external auditors to provide support throughout audit cycle
• Perform technical research and prepare documentation of conclusions reached

Benefits

• Regular meetings with the Corporate Tax Department
• Focused one-on-one meetings with your manager.
• Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, Veteran and disability-focused Business Resource Groups
• Access to learning content on Degreed and other informational platforms.
• Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees