Product Tax Consultant

Nationwide•Columbus, OH

15h•$108,000 - $162,000•Hybrid

About The Position

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care. This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program. It is our intention to fill this role in Columbus, OH. The hired associate must reside within 35 miles of One Nationwide Plaza, Columbus OH, 43215. This position will be hired on a SuccessFlex basis. You will be required to come into the office, according to the department's current hybrid schedule. #LI-KD1 Job Description Summary Do you want to invest in yourself and thrive in an environment of innovation, problem solving, collaboration and learning? If you’re prepared to work in a technology-enabled, digitally-focused organization, where Product Tax is a captivating and respected career, we want to hear from you! As a Consultant, Product Tax, you'll lead enterprise-wide governance and oversight of product-related tax reporting and withholding to ensure compliance with federal and state tax laws. You'll review tax filings and related responses, assess and monitor product tax risks through analytics and audits, and translate regulatory developments into practical tax strategies for new and existing products. We'll count on you to collaborate with business partners, IT, vendors and the Tax COE to design and test tax logic, manage key product tax systems and calendars, provide training and guidance to stakeholders, and support day-to-day operations of tax reporting and withholding across the enterprise.

Requirements

Undergraduate degree with studies in tax, law or accounting.
Minimum of six years tax experience in a financial services and/or multi-line insurance company, public accounting firm or law firm.
Knowledge of statutory and/or GAAP accounting.
Knowledge of modeling and tax systems.
Knowledge of research techniques.
Ability to communicate with management, insurance regulators, IRS agents and consultants.
Ability to analyze operating results to project tax consequences and to anticipate regulatory questions.

Nice To Haves

Progress toward CPA certification, Series 6 and/or LOMA designation preferred.

Responsibilities

Reviews federal and state tax returns. Performs on-site review with business partners if required.
Perform governance & oversight functions, including tax risk assessments and audits, to ensure compliance within our business line partners.
Monitor product and tax laws and regulatory developments and analyze enterprise impact. Communicate impact to management and key stakeholders and assist and provide guidance with implementation across the enterprise. May represent and serve on product tax industry committees.
Research and analyze product tax risks and recommend solutions and tax strategies including new product launches and changes.
Design and test tax withholding & reporting logic in collaboration with, business analysist, IT and vendors. May act as primary point of contact with key vendors on day to day matters.
Manage and review user access to key product tax systems used across the enterprise.
Reviews response to IRS, state information requests and/or external auditors. Works closely with tax analysts and consultants to identify risks and tax adjustments for assigned entities and response to information requests accordingly. Works closely with tax attorneys on penalty mitigation and abatement.
Continuously develop, monitor and provide key insights into tax analytics including forecasting.
Verifies accuracy and completeness of tax calendars and communicates with key stakeholders.
Develop training materials and conduct sessions for internal stakeholders.
Represents Tax COE in regularly scheduled meetings with business partners and key stakeholders. Communicates tax issues and listens to changes in the business environment. Develop contacts at the appropriate level to aid in providing timely tax response and planning opportunities.
Assist with Managing day-to-day operations of tax reporting and withholding across the enterprise.
May perform other responsibilities as assigned

Benefits

medical/dental/vision
life insurance
short and long term disability coverage
paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date
nine paid holidays
8 hours of Lifetime paid time off
8 hours of Unity Day paid time off
401(k) with company match
company-paid pension plan
business casual attire