Senior Tax Accountant

Westfield Insurance; Westfield Center (OH); Hybrid; USD 85,000 - 120,000; Full time

Job summary

Westfield Insurance seeks a Tax Senior Accountant to organize and coordinate tax data for accurate, timely tax returns and tax accounting duties. The role analyzes and prepares complex federal, state, and local income and premium tax returns and reserves, and mentors paraprofessionals in tax support tasks.

This hybrid position requires collaboration across tax functions and conducts research during regulatory audits. It is not visa sponsorship.

Qualifications

• 5+ years of experience in Tax, Accounting, Finance, or a related field.
• Bachelor's degree in Business, Accounting, Economics, or related field.
• CPA preferred (not required).

Responsibilities

• Prepares monthly federal tax provision based on SAP and GAAP.
• Maintains ongoing knowledge of SAP and GAAP accounting practices related to tax.
• Assists in preparation and review of multi-state partnership tax returns.
• Prepares and/or reviews financial statements, reports, and records.
• Assists with document requisitions during financial and regulatory audits.
• Performs tax research on recent tax developments and legislation.

Skills

Taxation Law

Tax Preparation

Tax Planning

Financial Analysis

Tax Accounting

Tax Research

GAAP

Audit & Compliance

Software Proficiency

Education

Bachelor's degree in Business, Accounting, Economics, or a related field

Tools

Tax Software

Job description

Job Summary

The Tax Senior Accountant, working under minimal supervision, is responsible for organizing and coordinating tax data for the accurate and timely completion of business tax returns and tax accounting duties. This role analyzes and prepares complex federal, state, and local income and premium tax returns and reserves and assists with review of basic federal, state, and local income and premium tax returns, estimates, and extensions prepared by tax department paraprofessionals and tax accountants. This role mentors and guides tax paraprofessionals and tax accountants in completing various basic tax support tasks. The role also conducts tax research as needed while assisting with data gathering and analysis during regulatory audits.

Job Summary

The Tax Senior Accountant, working under minimal supervision, is responsible for organizing and coordinating tax data for the accurate and timely completion of business tax returns and tax accounting duties. This role analyzes and prepares complex federal, state, and local income and premium tax returns and reserves and assists with review of basic federal, state, and local income and premium tax returns, estimates, and extensions prepared by tax department paraprofessionals and tax accountants. This role mentors and guides tax paraprofessionals and tax accountants in completing various basic tax support tasks. The role also conducts tax research as needed while assisting with data gathering and analysis during regulatory audits.

This role is not eligible for visa sponsorship.

Job Responsibilities

• Prepares monthly federal tax provision based on SAP and GAAP, including calculation of current income tax expense, federal tax payable, and deferred taxes.
• Maintains ongoing maintenance, monitoring, and knowledge of SAP and GAAP accounting practices, developments, and procedures as they relate to tax.
• Assists in the preparation and review of multi state, multi-tier partnership tax returns, addressing contributions, distributions, allocation of tax items, capital account analysis, loans, special allocations, sales of partnership interest or assets, credit, and depreciation calculations, and winding up and dissolution of partnerships.
• Prepares and/or reviews financial statements, reports, and records by collecting, analyzing, and summarizing information and trends.
• Assists with gathering and executing document requisitions during financial audits and federal, state, and local regulatory audits.
• Performs tax research on recent tax developments and prominent legislation that may be impactful to the company and its affiliates.
• Maintains and oversees the preparation of monthly, quarterly, or annual account reconciliations for selected tax accounts maintained within the tax department.
• Performs minor bookkeeping duties including posting monthly journal entries, ad hoc querying of accounts, data migration from general ledger to tax software.
• Works on quarterly and annual GAAP and statutory income tax provisions and annual financial statement presentation.
• Mentors and guides tax paraprofessionals and tax accountants in completing various basic tax support tasks.
• Conducts tax research as needed while assisting with data gathering and analysis during regulatory audits.

Job Qualifications

• 5+ years of experience in Tax, Accounting, Finance, or a related field.
• Bachelor's degree in Business, Accounting, Economics, or a related field and/or commensurate experience.

Location

Hybrid - defined as working three or more days per week in the office

Licenses and Certifications

• Certified Public Accountant (CPA) (Preferred)
• Accredited Tax Advisor (ATA) (Preferred)

Behavioral Competencies

• Collaborates
• Communicates Effectively
• Customer Focus
• Decision Quality
• Nimble Learning

Technical Skills

• Taxation Law
• Tax Preparation
• Tax Planning
• Financial Analysis
• Software Proficiency
• Audit & Compliance
• Tax Accounting
• Tax Research
• Generally Accepted Accounting Principles (GAAP)
• Tax and Fiscal Knowledge

This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management.

About Us

Founded in 1848, Westfield is a global leader in property and casualty insurance, delivering superior risk insights and innovative solutions to customers through a diverse portfolio of insurance products. Westfield underwrites commercial, personal, surety, and specialty lines of coverage through a network of leading independent agents and brokers in the United States and specialty products through Lloyd’s of London Syndicate 1200. As a mutual insurance company with more than 3,000 employees, Westfield has revenues in excess of $4 billion and more than $10 billion in assets.

Equal Opportunity Employer

United States: All applicants receive consideration for employment without regard to race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, or status as a protected veteran.

United Kingdom: Westfield is committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships.