Tax Accounting Specialist

Emergent Holdings•Lansing, MI

15h•Onsite

About The Position

This job serves as a key resource and is the most senior of this job family. Responsibilities include creating and maintaining accurate, compliant financial records through journal entries, account reconciliations and financial reports for the Enterprise. Contacts include various customers and vendors of the Enterprise, both internal and external, including policyholders, claimants, banking institutions and agents. Also responsible for calculating, filing and preparing sales & use tax for all Emerging Markets. Responsible for AF Group & EM 1099 filings and corrections. Accumulates and prepares form filings for statutory filings of AF Group.

Requirements

Minimum of an Associate's degree in Accounting with a minimum of 30 credit hours of coursework in Accounting, or equivalent relevant education and work experience.
Minimum of five (5) years' experience in accounts receivable, general ledgers and financial reporting systems; or equivalent work which provides the necessary skills, knowledge and abilities.
OR Bachelor’s degree in Accounting or Finance and two years' experience in accounts receivable, general ledgers and financial reporting systems.
Ability to manage multiple priorities and meet established deadlines.
Thorough knowledge of general accounting and bookkeeping methods including journal entries, general ledger accounts, cost center structures, budgets and basic financial statements.
Knowledge of insurance operations.
Ability to proofread documents for accuracy of spelling, grammar, punctuation, and format.
Ability to effectively exchange information clearly and concisely, and present ideas, report facts and other information and respond to questions as appropriate.
Ability to analyze details of accounting data and reports and, based on this analysis, make efficient and effective independent decisions within authority.
Ability to apply independent analytical thinking to define problems, establish facts and communicate valid conclusions.
Excellent math skills with the ability to use a ten-key adding machine.
Excellent organizational skills and ability to prioritize work.
Excellent oral and written communication skills
Advanced knowledge of spreadsheet software.
Knowledge of computers and word processing applications.
Basic knowledge of database software.
Ability to enter alpha/numeric data accurately.
Effective analytical and problem-solving skills
Ability to use diplomacy, discretion and appropriate judgment when addressing callers.

Nice To Haves

Bachelor’s degree in accounting, Finance or business.
Experience with multiple entity accounting.
Insurance related coursework
Two years prior experience as an Accounting Operations Analyst II

Responsibilities

Reviews general ledger entries for accuracy and proposes correcting entries as needed.
Prepares standard monthly and quarterly journal entries for the Enterprise, including premium, losses, reserves, commissions, taxes, and banking transactions.
Reconciles complex general ledger accounts and makes independent general ledger entries.
Requests disbursement issuance for premium regulatory filings.
Compiles and maintains financial schedules and reports for regulatory, external, and tax compliance.
Assists in the preparation of routine tax schedules and returns for all entities.
Completes ad hoc requests from internal and external customers, including error resolution, system support, and financial statement support.
Resolves state audits for sales and use tax.
Supports external and internal audits of financial and regulatory reports by providing detailed schedules and support.
Proposes efficiency opportunities and makes recommendations for improvements.
Researches, coordinates, accumulates, and submits statutory and supplemental filings for AF Group.
Prepares, maintains, and verifies data accuracy in ancillary systems.
Prepares, maintains, and modifies 1099 filings and verifies data accuracy in Thomson Reuters Tax Reporting System. Manages W9 process.
Performs sales and use tax analysis for Emerging Markets & AF Group, coordinating efforts between departments to resolve issues.
Responsible for the preparation and filing of all sales & use tax returns for Emerging Markets & AF Group.
Responds to internal and external customer requests via telephone or written correspondence.
Drafts correspondence to address complaints or information requests.
Maintains confidentiality of information processed.
Files and prepares ad hoc filings for the statutory accounting team.
Researches tax laws and regulations related to 1099-misc, 1042-S, and Sales & Use Tax.
Reconciles, validates, and prepares data related to year-end informational reporting, including 1099 forms, W9 solicitation, TIN matching, and Backup Withholding.