Senior Investment Tax Analyst

Role Overview

• The Sr. Investment Tax Analyst will have primary responsibilities in investment taxation.
• This position will be responsible for preparing all facets of income tax accounting and income tax compliance for F&G’s Investment portfolio, including bonds, fixed maturities, and preferred stocks.
• Perform, and/or review monthly tax investment data review procedures to help ensure reasonable and accurate tax results for assets tracked within Clearwater.
• Prepare income tax adjustment calculations and workpapers, including reconciliations and period-over-period analytics, for inclusion in the quarterly current income tax provisions.
• Prepare workpapers and reconciliations to support the tax basis and deferred tax assets reported on the tax basis balance sheet for both life and non-life entities under ASC-740 and SSAP101.
• Prepare income tax adjustment calculations and workpapers in support of the company’s life and non-life entity Federal income tax returns.
• Actively participate in new investment process meetings with the tax planning team.
• Collaborate with other members of the investment tax team to develop forecasting & projection procedures for in-scope invested assets.
• Assist in maintaining, testing, and updating of custom tax fields, tag aggregates, and tax reports within Clearwater.
• Prepare the quarterly tax impairment analysis, which includes analyzing and documenting a security’s eligibility for a partially worthless bad debt deduction.
• Provide support for ongoing modernization initiatives within the investment tax function and tax department in general, including automation efforts around the monthly tax data review processes, tax basis ledger, and investment deferred tax rollforwards.

Requirements

• Bachelor's Degree in Accounting/Finance
• 2+ year of relevant experience in related field or combination of experience with a professional designation (CPA, CFA, CIA, CISA, etc.) considered.
• Insurance industry experience preferred.
• Experience working in regulated environment.
• Demonstrated working knowledge of tax accounting and/or general accounting principles.
• Demonstrated knowledge of tax accounting software systems.
• Strong analytical skills with a high level of accuracy and attention to detail.
• Strong organizational and prioritization skills.
• Strong computer knowledge including working knowledge of tax and accounting based software (Clearwater, Essbase), spreadsheets and word processing software.
• Proficiency with MS Excel; familiarity with Data mining/SQL skills, Bloomberg.
• Strong verbal and written communication skills.
• Ability to effectively work and communicate with various levels of employees and management.
• Highly motivated, able to work both autonomously and in a team environment, and demonstrates the willingness to take on additional responsibilities, as needed.
• High-energy and ability to thrive in a fast-paced environment.
• Ability to identify and implement process improvements, internal control enhancements, automation and efficiencies.
• Ability to brainstorm, research and provide possible solutions to ad hoc questions from the functional area’s business partners.
• Willingness and enthusiasm to learn/train in skills needed to support the Tax Department.
• Ability to manage multiple projects independently.

Tech Stack

• SQL

Benefits

• Work Environments: F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements.
• F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&G.