Company: MSIG Holdings (U.S.A.), Inc. - Mitsui Sumitomo Mar
Posted on: May 15, 2022
Mitsui Sumitomo Marine Management U.S.A., Inc. is one of the
world's top ten property/casualty insurance carriers with over
40,000 employees worldwide.
The Tax Manager will be responsible for the insourcing of the
organization's federal, state, local and premium tax returns. This
includes building out processes to make sure all filings are
completed accurately and timely, and liaising with the Company's
U.S. affiliates to ensure all required documentation and filings
are completed. While managing a department of three staff members,
the Tax Manager will be responsible for reviewing the quarterly tax
provision and maintaining effective internal controls over the tax
department functions. In addition, the Tax Manager will be
responsible for developing tax planning strategies, updating the
transfer pricing analysis and research as well as provide
recommendations to management on various tax related matters.
Essential Duties and Responsibilities include the following. Other
duties may be assigned.
Ensure accurate, timely filing of consolidated federal, state and
local income tax returns and other business related filings.
Facilitate the insourcing of the Company's federal, state and local
tax returns previously performed by third party accounting
Manage third party premium tax vendor and tax team to ensure all
premium tax returns, premium tax payments and estimated payments
are completed timely.
Monitor legislative and regulatory tax law developments,
communicate the effects of these developments to management and the
tax team and create strategies to capitalize on changes to taxation
Oversee the preparation and filing of the sales and use tax,
personal property tax returns and federal excise tax returns across
various jurisdictions and coordinate related remittance
Develop and implement strategic tax planning for all necessary
federal and state taxes.
Plan for and develop overall return calendar and coordinate timing
and inputs with tax team.
Manage the preparation and review of the Company's 1099 filings,
including payments processed by third party vendor.
Ensure all income and premium tax information is adequately
prepared and presented within regulatory filings, including
financial statement disclosures.
Manage and review quarterly and annual tax provision preparation on
a STAT, GAAP and IFRS basis.
Review assumptions used and calculation of tax liability for all
corporate entities on a consolidated and standalone basis.
Ensure strong internal control environment around documentation and
implementation of accounting policies.
Assist in the planning and budgeting process by providing
assumptions and estimated tax amounts for the Company's annual
Manage and mentor members of the tax team as they prepare
components of the company's US federal, state and local income tax
returns and other tax documents.
Liaise with affiliates in an effort to insource and provide tax
services throughout the US group, where agreed.
Find and implement opportunities for process improvements in
company tax procedures.
Maintain effective control procedures over all aspects of the tax
Liaise with internal and external auditors and provide support for
special tax related projects.
Must supervise, train and mentor the Senior and Staff Tax
Accountants in their tax compliance and reporting responsibilities.
Carry out supervisory responsibilities in accordance with the
organization's policies and applicable laws. Responsibilities
include interviewing, hiring and training employees; planning,
assigning, and directing work; appraising performance; rewarding
and correcting employees; addressing complaints and resolving
Education and/or Experience
Bachelor's degree in Accounting required; MS in Taxation is a
Experience working in the insurance industry required
5-7 years of experience as a tax manager or public accounting role
and at least 2 years of experienced in a management role.
Strong knowledge of tax regulations, compliance and procedures for
Familiarity with U.S. federal, state and local reporting
Strong accounting, analytical and research skills.
Excellent written and oral communication skills.
Experience with a variety of tax operations and ability to drive
Strong project management skills and the ability to prioritize
tasks and the tasks of other tax team members.
Ability to work well independently as well as the ability to work
well with stakeholders and communicate the benefits of tax
Strong organizational and interpersonal skills.
If you would like to apply for this position please send your
resume to firstname.lastname@example.org
The Company is an Equal Opportunity / Affirmative Action employer,
all qualified applicants will receive consideration for employment
without regard to race, color, religion, sex, national origin,
disability, or protected veteran status.
Keywords: MSIG Holdings (U.S.A.), Inc. - Mitsui Sumitomo Mar, Elizabeth , Tax Manager, Accounting, Auditing , Warren, New Jersey
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