Tax Consultant (Federal Income Tax)
Nationwide
Tax Consultant
See Yourself at Nationwide
Working at Nationwide is more than just a job — it’s a career. Our associates love working here, and it’s easy to see why.
We’re a company of caring people who support our members, our communities and each other. You can feel proud about working at Nationwide.
Spotlight on Us!
Our tax department is different than any place you’ve ever worked. We have built a team that is driven by results, not deadlines. Our team collaborates to deliver results that regularly surpass our goals, we reward creative ideas, and we stop to have fun to celebrate our individual and team successes.
How did we get here? We invested the blood, sweat, and tears to drive change, innovate, and provide value to the business. This commitment is clear in how we embrace technology and emphasize continuous improvement. Our dedicated tax technology team stays up-to-date on new trends and best practices for automation that makes our work effective and efficient. This culture ultimately leads to providing us the time to grow and to enjoy the important part of the work-life balance.
In addition to leading and collaborating within Nationwide, we also look to be a leader outside of Nationwide. Our expertise in the insurance tax world is evident from our leadership roles in industry groups where we work together to analyze and influence tax reform, IRS guidance, and new accounting rules. Nationwide can be a home for you to grow your career and become an expert.
Spotlight on You!
These are the prior experiences that make us interested in you:
- Knowledge of income tax compliance/provisions and tax systems (minimum 6 years public accounting or corporate tax experience)
- Can build and maintain strong relationships and collaborate inside & outside Tax
- History of improving processes and making things easier, faster, better
- Ability to concisely prepare and communicate tax presentations and technical documents
- P&C or Life insurance tax experience, both income and indirect tax, is a plus
- Experience with Peoplesoft, PremiumPro, Onesource, PowerBI, or automation of tax adjustments/reconciliations a plus
But, we are even more excited and interested in the intangibles that you bring:
- A strong sense of curiosity and wanting to explore new topics
- Flexible mindset with a willingness to embrace change
- Ability to view issues holistically and not just from a tax standpoint
- Can provide bottom-up leadership to drive results and own functional areas
- A real knack at organizing information & workflows
The Role
As a member of a matrixed team, the Tax Consultant will touch all aspects of the tax lifecycle, including participation in development of tax strategies, review of tax returns and tax provisions, and supporting positions on audit. Other key components of the role include teaching staff, identifying and leading or participating in projects to improve our efficiency, accuracy, and capabilities.
What are the Next Big Challenges?
As we take our vision for the future and pull it into today, here are some of the challenges you will help tackle:
- Transforming non-value add hours by enhancing processes and automation
- Nurturing business relationship by educating and supporting business partners by delivering tax results and expertise
- Supporting a tax technical culture the values continuous learning and cross functionality
- Driving technology solutions and continuous improvement to maintain high department effectiveness
An Inside Look – What the Team is Saying
Tax Senior Analyst (2nd year at NW) – “There’s an emphasis on growth & process improvement that not many tax departments get to experience.”
Tax Specialist (3rd year at NW) – “Opportunity to take ownership of major areas at a lower level.”
Tax Manager (6th year at NW) – “The ability to take risks to improve processes and have input in the future of the department.”
Tax Director (7th year at NW) – “Nationwide stands out in two distinct ways, matrixed team structure and continuous improvement focus. This gives staff the opportunities to participate in all areas of corporate income tax, both process and technical.”
Tax VP (26th year at NW) – “There is constant change and complexity at Nationwide and the Tax Department places an emphasis on adding value in addition to just filing tax returns. This combination makes for an exciting and challenging work environment that provides opportunities to learn.”
Internal Note: Compensation Grade G4
Job Description Summary
Our team collaborates to deliver results that regularly surpass our goals, we reward creative ideas, adopt technology and emphasize continuous improvement. Do you have a flexible approach, willingness to view issues holistically and have a knack for organizing information and workflows? If so, we want to hear from you!As a Consultant, you'll coordinate the preparation or planning of federal, state and local tax returns according to tax laws and regulations and initiate making of payments, elections, and file returns on a timely basis. Tax areas include insurance, C Corporation and tax-exempt organizations. We'll count on you to recommend corporate position based on research of current and pending tax laws; review accounting procedures for compliance with all laws; manage issues to assist in the settlement of federal, state and local audits; and review FAS 109 balance sheets.
Job Description
Key Responsibilities:
Represents tax department on system teams. Reviews changes in existing system for continued compliance with tax department needs. Verifies accuracy and completeness of tax calendar.
Reviews and/or plans federal and state/local income tax returns. Performs on-site review with business partners if required.
Reviews all research and analysis in preparation for compliance audits.
Assists in analyzing and reporting to management the potential impact of pending legislation as it relates to assigned companies' taxation and general corporate tax laws and regulations. Evaluates the cost and implements reporting procedures to follow enacted legislation.
Reviews tax returns including consolidated tax returns. Reviews record retention policies to provide continued support for tax returns for all open years.
Conducts quarterly meetings with business partners. Communicates tax issues and s listens for changes in the business environments. Develops contacts at the appropriate level to aid in providing timely tax response and planning opportunities.
Manages the development, on a quarterly basis, of the federal and state tax provision for the enterprise companies. This includes both statutory and GAAP financial reporting. Develops cash forecasts.
Manages all preparation of state and federal tax provisions for the use in establishing budgets and financial documents. Working with Planning and Investments to develop federal income tax provisions for five-year projection. Keeps the Investment Department advised of current tax situation to enable them to make investments that return the best after-tax yield.
Reviews all research and analysis on tax strategies. Develops models used to assist analysis.
May perform other responsibilities as assigned.
Reporting Relationships: Reports to Tax Director/Officer/Executive.
Typical Skills and Experiences:
Education: Undergraduate degree with studies in tax, law or accounting.
License/Certification/Designation: Progress toward CPA certification or law degree.
Experience: Minimum of six years in insurance tax field for a life or multi-line insurance company, public accounting firm or law firm.
Knowledge, Abilities and Skills: Knowledge of federal and state/local tax law. Knowledge of statutory and/or GAAP accounting. Knowledge of modeling and tax systems. Knowledge of research techniques. Ability to communicate with management, insurance regulators, IRS agents and consultants. Ability to analyze operating results to project tax consequences and to anticipate regulatory questions.
Other criteria, including leadership skills, proficiencies and experiences may take precedence.
Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.
Values: Regularly and consistently demonstrates Nationwide Values.
Job Conditions:
Overtime Eligibility: Not Eligible (Exempt)
Working Conditions: Normal office environment. Extended periods of non-standard and additional hours.
ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.
Credit/Background Check: Due to the fiduciary accountabilities within this job, a valid credit check and/or background check will be required as part of the selection process.
#LI-AP1
#LI-Remote
We currently anticipate accepting applications until 12/06/2024. However, we encourage early submissions, as the posting may close sooner if a strong candidate slate is identified before the deadline.Benefits
We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.
Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.
This position could be filled within any of the lower 48 U.S. states.Smoke-Free Iowa Statement: Nationwide Mutual Insurance Company, its affiliates and subsidiaries comply with the Iowa Smokefree Air Act. Smoking is prohibited in all enclosed areas on or around company premises as well as company issued vehicles. The company offers designated smoking areas in which smoking is permitted at each individual location. The Act prohibits retaliation for reporting complaints or violations. For more information on the Iowa Smokefree Air Act, individuals may contact the Smokefree Air Act Helpline at 888-944-2247.For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov) https://dol.ny.gov/system/files/documents/2022/02/ls740_1.pdfNationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range.The national salary range for Consultant, Tax : $93,000.00-$192,000.00The expected starting salary range for Consultant, Tax : $103,000.00 - $155,000.00