What are the responsibilities and job description for the Domestic Tax Manager position at HCC Service Company, Inc.?
About Us Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, Ireland, and other exciting locations. With the strength and stability that comes from being a member of the Tokio Marine Group, and more than forty years of growth, profitability, and stability, we offer important insurance products that most people don’t even know exist. Every policy we write is special, enabling our clients to do amazing things. From insuring the crops that feed us to the rock concerts that entertain us, to rescuing international travelers in trouble, we offer more than 100 classes of specialty insurance. Applying our Mind Over Risk philosophy to writing insurance allows our customers take on opportunity with confidence. That philosophy defines our way of thinking, unites us as a team, and differentiates us from our competitors. We are much more than just an insurance company; we are a good company. Position Summary Manages and directs all activities regarding consolidated federal income tax compliance, Generally Accepted Accounting Principles (GAAP) and statutory tax accounting, and reporting, tax research, and tax planning as required of the organization. May specialize in a particular area of tax practice. This position is considered the top-level individual contributor. Key Responsibilities Manage and review the US consolidated federal income tax compliance function and the corporate wide state income tax compliance function. Manage and review the consolidated annual and quarterly GAAP tax accrual processes under ASC 740 and SAP 101 insurance statutory reporting requirements. Assist subsidiary companies with tax accounting issues and provide an income tax perspective on accounting matters. Review and document income tax consequences of corporate mergers, acquisitions and dispositions. Read and interpret complex technical tax and accounting literature and prepare clear & concise tax memoranda to document tax and/or GAAP issues, alternatives and conclusions from an income tax perspective. Research and document domestic technical tax issues on various topics. Implement corporate-wide tax accounting policies and procedures. Complete special projects as necessary. Competencies Planning Develop work plans, establish timelines, and set goals for assigned business units. Assign resources as needed. Meet commitments on deadlines. Communication Communicate team or group results to management and make appropriate recommendations. Prepare written and verbal presentations to convey information. Cost Management Drive improvement in existing business processes and assist in the identification and implementation of new processes. Assist in development and is accountable for budget of department or multiple business units. Work within financial objectives set by management. Business Controls and Policies Comply with all corporate policies and procedures. Identify control objectives for designated function and implement cost-effective controls designed to meet those objectives. Test controls to determine if they are performing as intended. People Management Has full HR responsibility for direct reports including making hiring decisions, training, coordinating work, establishing standards, reviewing work, conducting performance appraisals, and providing coaching or counseling. Position Knowledge, Skills, and Requirements Education Minimum: Bachelor’s Degree in Accounting or a related field Certifications, Licenses, and Designations Required: Certified Public Accountant (CPA) designation Experience 6 Years relevant and progressive tax technical and leadership experience Minimum of five years in public accounting; Big 4 preferred Experience in insurance company taxation preferred Strong experience in ASC 740 and GAAP tax accounting Experience with ONESOURCE Income Tax and Provision Tax software Experience with PeopleSoft or ERP software a plus Possess and have ability to apply advanced knowledge of tax and GAAP principles, practices, and procedures Excellent written and verbal communications skills with an emphasis on confidentiality, tact, and diplomacy Superior organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously Knowledgeable of industry changes, legal updates, and technical developments related to applicable area of the Company’s business to proactively respond to changing business environment Advanced proficiency and experience using Microsoft Office package (Excel, PowerPoint, Word) (pivots, X-look, index match) Working Conditions and Physical Demands Overtime hours may be required to fulfill job responsibilities May be required to remain stationary for extended periods of time May be required to move up to 10 pounds Must be able to operate a computer and other devices Close vision and ability to adjust focus, such as required to read a computer screen Travel Requirements Occasional travel (up to 10% of time) Passport Required: No Driver's License Required: No Why Join Us? At TMHCC, we value innovation, collaboration, and professional growth. You’ll have the opportunity to work on impactful projects, develop your skills, and advance your career in a supportive and dynamic environment. What we offer Competitive salary and employee benefit package Strong learning culture Growth perspectives 6% 401K Match 20 days of PTO and 2 Floating Days Paid parental leave An opportunity to love what you do Equal Opportunity Employer Tokio Marine HCC is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Your success is our priority. In a world that is rapidly changing, TMHCC enables you to take on opportunities with confidence. At Tokio Marine HCC, we pride ourselves on hiring the smartest, most conscientious people, who want to make a difference no matter their background. And then we give them the support and trust they need. We’re always looking for curious, creative transformative thinkers who want to change the status quo and have a passion for doing the right thing. If this is you, then we want you on our team.
