Job Title -US Tax Senior – Corporation (Insurance)
Role name and description
Tax Senior - The Senior role provides a unique opportunity to tax professionals with excellent researching and inter-personal skills to advance their career in managing end to end tax compliance operations. The position involves delivering compliance expertise to multiple clients and play a meaningful role in delivering operational improvements and bringing valuable solutions for client needs. Individual should be able to work both as part of a team and independently while bringing strong technology and analytic skills to drive continuous improvement.
The opportunity
When you join EY GCR Financial Service Operations (FSO) team, you will be at the heart of EYs critical mission to build a better working world by applying knowledge skills and experience in assisting clients in meeting their business purpose.
Your key responsibilities
- Thorough understanding and review skills for US Federal Corporate Insurance (1120, 1120PC and 1120L) tax returns
- Basic understanding of Book To tax adjustments and reclasses, Taxable Income Calculations
- Knowledge about recent tax legislative changes and developments on US federal
- Prepare / Review complex tax returns and relevant supporting filings. Consistently provide high quality work
- Demonstrate ability working with under complex formal process and tax technology background
- Contribute to client satisfaction by providing timely and effective responses to client needs and concerns
- Review of Extensions/estimates, address audit observations by IRS (Federal and state notices)
- E-file tax return and review XML packages and check for any E-file rejects
- Fair understanding of ASC740 and its treatment in Insurance industry
- Fair understanding of SSAP101 and its implication on Insurance industry
- Manage assigned task throughout end-to-end process in timely manner
- Train and guide Staff (new and experienced) on client related specific policies and general firm standards
- Guide, mentor Staff (new and experienced) for upskilling, technical advancement, and performance management
- Display general knowledge of engagement big picture and work towards obtaining appropriate certification
- Take ownership of your schedule and proactively seek work when necessary to meet your annual chargeability goal
- Adhere to practice protocol and other internal processes consistently
Skills and attributes for success
- Knowledge of Accounting standards and good understanding of accounting principals
- Proficient on One Source and/or Go System tax software
- Ensuring adoption and specialization of EY methodologies, EY tools and technology specific to tax
- Good grasp of baseline tax technical issues and processes relevant to US Corporation taxation
- Demonstrate an understanding of complex technical issues such as CARES act, TCJA act
- Knowledge of recent tax legislative changes
- Motivate, inspire and coach Tax Analysts, mentor new members of the team
- Adhere to the code of conduct of the company. Represent the company in a professional manner and uphold the highest standards of ethical business practices
- Proactively interact with client management team to gather information and engagement specific treatments and process
- Work as team player with team and other members to achieve the deliverables in stipulated time with quality
- Identifying opportunities for process improvement
To qualify for the role, you must have
- Graduate or Postgraduate in Finance
- CPA/EA will be an added advantage (Completed or Pursuing)
- 3 to 4 years of experience in the similar tax service line
Ideally, you'll also have
- Awareness (basic understanding) of other US taxes-International forms filings
- Ability to read, interpret and apply the tax legislation
What we look for
We are looking for experienced tax professionals with genuine interest in providing outstanding services to some of the world's most influential people.
