Tax Information Reporting Coordinator

Corebridge Financial • Houston, TX

4d • Hybrid

About The Position

At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow. We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life: We are stronger as one: We collaborate across the enterprise, scale what works and act decisively for our customers and partners. We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders. We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future. We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work. Who we are Corebridge Financial helps people make some of the most meaningful decisions they’re ever going to make. We help them plan and take action to protect the future they envision and respond to some of life’s most difficult moments through the solutions and services we provide. We do this through our broad portfolio of life insurance, retirement, and institutional products, offered through an extensive, multichannel distribution network. We provide solutions for a brighter future through our client centered service, breadth of product expertise, deep distribution relationships, and outstanding team of hardworking and passionate employees.

Requirements

• Bachelor’s degree in Accounting, Business or related field
• Excellent organizational skills a must
• Excellent PC skills
• Previous information reporting experience
• Excellent verbal and written communication skills needed with emphasis in the customer service area
• Previous experience working within a team environment to meet filing deadlines and requirements necessary

Nice To Haves

• CPA candidates preferred or looking to sit for the CPA exam.
• Prefer candidates have experience working for a large corporate employer with numerous locations

Responsibilities

• Responsible for importing a large volume of tax files into compliance software annually – various 1099 forms, 5498, W2G, and 1042-S. Issue approx. 500,000+ tax forms annually. (10 legal entities – approx. $60mil withholding tax) IRS penalty exposure associated with this task = $25mil+.
• E-File to the IRS 40+ original and corrected files annually.
• Support 300-400 Convey software users throughout the year– include giving access, password resets, training, and troubleshoot software problems.
• Coordinate 972-CG and CP2100 W9 solicitations between internal users and vendors.
• Work with vendors to troubleshoot software issues and act as liaison between vendor and internal users to communicate any software changes during the year.
• Work with programmers and internal users throughout the year doing file testing, new program changes, new implementations, or updates to existing tax files. Interact frequently with business areas for review and sign-off.
• Provide year end withholding report summaries to other tax department employees for preparation of their periodic reconciliations on a state and federal basis.
• Communicate to internal users of any legal and compliance changes that may affect the current reporting process, including changes to federal and state withholding rates.
• Coordinate distribution of IRS 1099 backup withholding notices among affected business units.
• Periodic SAP to Taxport 1099 Reconciliations to the ledger.
• Work with outside software vendors to stay current on software changes and implement necessary software updates/changes.
• Prepare annual state transmission files as needed
• Prepare periodic state withholding deposits and file periodic withholding returns and annual reconciliations as needed
• Prepare federal withholding deposits and federal forms 945, 941 and 1042 as needed
• Other duties as assigned

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level