Tax Analyst

gnw; Richmond (VA); Hybrid; USD 69,000 - 90,000; Full time

Benefits offered by this job

Competitive compensation

Comprehensive healthcare

401(k) savings plan

Paid time off

Wellness support

Tuition reimbursement

Job summary

Genworth is seeking a State Tax Analyst to join our Finance team. This hybrid Richmond, VA role focuses on preparing premium tax, state income tax, and franchise tax returns, while ensuring accuracy and timely filings across multiple entities and states.

You will support federal, state, and investments tax compliance, GAAP/STAT tax provisions, and collaborate with cross-functional teams to uphold high-quality tax reporting. Training and growth opportunities are provided.

Qualifications

• AS or BS in Accounting, Finance, or related field.
• 1+ year of experience in tax accounting, compliance and reporting.
• Basic working knowledge of state tax compliance processes.
• Basic understanding of GAAP and ASC 740.
• Ability to communicate across all levels within the organization.
• Ability to effectively work independently.
• Adapt to changes in business needs and respond quickly.
• Improve efficiency and effectiveness in processes.
• Experience with tax research databases such as Checkpoint.
• Strong analytical skills with attention to detail.
• Ability to multi-task, prioritize and complete projects on time.

Responsibilities

• Prepare premium tax annual returns and payments for multiple entities and states and workpapers as well as needed accounting entries.
• Prepare state and local income tax and franchise tax estimates and annual returns and payments for multiple entities and states and workpapers as well as any needed accounting entries.
• Analyze and reconcile general ledger tax accounts and prepare internal reporting.
• Handle state correspondence related to audits, notices and assessments.
• Reconcile data between systems to ensure integrity and accuracy in reporting and filing.
• Assist in special projects and in preparation/review of federal, international and state tax returns for members of the consolidated group.
• Prepare and review quarterly and annual GAAP and STAT tax provisions for insurance and corporate entities.
• Serve as lead process owner for technical areas in provision and compliance processes.
• Assist in gathering and preparation of documentation related to the company's tax provisions.

Skills

Tax accounting

GAAP/ASC 740

Communication

Independent work

Adaptability

Efficiency improvement

Tax research databases

Analytical

Multitasking

Education

AS or BS in Accounting/Finance

Tools

Checkpoint

ONESOURCE OTP

ONESOURCE ITO

Job description

About Us

At Genworth and CareScout, we're on a mission to simplify and dignify the aging experience.

The truth is, most of us will help a parent, spouse, family member, friend, or neighbor navigate aging and care at some point in our lives. We've been there ourselves. That's why we're building better ways to help people find, fund, and understand aging care all while being supported every step of the way.
We're a team of curious problem-solvers, compassionate listeners, and people who care about making a difference. We value diverse perspectives and are committed to fostering an inclusive culture where every team member feels respected, supported, and empowered to bring their authentic self.

Our four values guide our strategy, our decisions, and our interactions:

• Make it human. We care about the people that make up our customers, colleagues, and communities.
• Make it about others. We do what's best for our customers and collaborate to drive progress.
• Make it happen. We work with intention toward a common purpose and forge ways forward together.
• Make it better.We create fulfilling purpose-driven careers by learning from the world and each other.

If you're looking to build a meaningful career while helping transform the aging experience for millions of families, we'd love to hear from you.

POSITION TITLE

Tax Analyst

POSITION LOCATION

This position is hybrid in Richmond, VA, in-office Tuesday, Wednesday, and Thursday and remote Monday and Friday.

YOUR ROLE

As a Finance team member, you'll play a key role in supporting the financial strength and flexibility that enables us to be there when our policyholders need us - now and in the future. The tax department of Genworth is looking for a State Tax Analyst to join our growing team. You will be responsible for ensuring the highest degree of accuracy, timeliness, and accountability while preparing premium tax estimates and returns, property tax filings and payments, municipal tax returns and payments and state income tax and franchise tax returns and payments. You will be preparing accounting entries as necessary for all state tax processes. You will support our insurance businesses and assist with the preparation and review of the federal, state, and investments compliance for those legal entities. You will also assist with tax accounting for quarterly and annual reporting requirements. You will work with a cross-functional team of tax professionals, as well as business partners, to ensure the highest level of quality in our tax compliance and reporting processes. We are committed to building the tax technical, analytical, and business skills of our professionals and have a robust training program.

What you will be doing

• Prepare premium tax annual returns and payments for multiple entities and states and workpapers as well as needed accounting entries
• Prepare state and local income tax and franchise tax estimates and annual returns and payments for multiple entities and states and workpapers as well as any need accounting entries
• Analyze and reconcile general ledger tax accounts and prepare internal reporting
• Responsible for state correspondence related to audits, notices and assessments
• Reconcile data between systems to ensure integrity and accuracy in reporting and filing
• Assist in special projects, as neededAssist with the preparation and review of the federal, international, and state income tax returns for members of the consolidated group, as well as separate company filings
• Prepare and review quarterly and annual GAAP and STAT tax provisions for insurance and corporate entities
• Serve as lead process owner for certain technical areas included in the company's provision and compliance processes
• Assist in the gathering and preparation of documentation related to the company's tax provisions

What you bring

• AS or BS in Accounting, Finance, or related field
• 1+ year of experience in tax accounting, compliance and reporting
• Basic working knowledge of state tax compliance processes
• Basic understanding of generally accepted accounting principles (GAAP) and ASC 740
• Ability to communicate across all levels within the organization (both verbal and written)
• Ability to effectively work independently
• Ability to adapt to changes in business needs and respond quickly
• Ability for improving efficiency and effectiveness in processes and tasks
• Knowledge and experience conducting tax research databases, such as Checkpoint
• Strong analytical skills, detail oriented with excellent organizational skills
• Ability to multi-task, prioritize and complete projects in a timely manner

Nice to Have

• CPA, CPA eligible, or Master's equivalent
• Public Accounting experience (Big 4 a plus)
• Experience with ONESOURCE Tax Provision (OTP) and ONESOURCE Income Tax (OIT) Software
• Exhibit flexibility, creativity and initiative in providing solutions

ADDITIONAL

• This role is not eligible for employment visa sponsorship.

Compensation Range: $68,900-$90,000

Disclaimer: This role is aligned to a national market-based pay range. Actual compensation will vary based on geographic location, experience, skills, and other job-related factors. In addition to base salary, this role is eligible to participate in a bonus incentive plan. Incentive compensation is based on individual and company performance and is not guaranteed.

Employee Benefits & Well-Being

Genworth|CareScout employees make a difference in people's lives every day. We're committed to making a difference in our employees' lives.

• Competitive Compensation & Total Rewards Incentives
• Comprehensive Healthcare Coverage
• Multiple 401(k) Savings Plan Options
• Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!)
• Generous Paid Time Off - Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave
• Disability, Life, and Long Term Care Insurance
• Tuition Reimbursement, Student Loan Repayment and Training & Certification Support
• Wellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)
• Caregiver and Mental Health Support Services