Tax Consultant

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.
CNA seeks to offer a comprehensive and competitive benefits package to our employees that helps them - and their family members - achieve their physical, financial, emotional and social wellbeing goals.
For a detailed look at CNA's benefits, check out our Candidate's Guide .
This Tax Consultant role is a full-time employee who will support most aspects of the income tax life cycle, including the preparation of US international tax forms, quarterly financial statement tax provisions, and other tax processes supporting international and domestic tax return filings. This role will have the general knowledge to support areas of tax research, taxing authority examinations, tax accounting, reporting and analytics, and return to provision calculations with a moderate level of direction and guidance. The Tax Consultant plays a vital role in the day to day operations of the Tax Division.
JOB DESCRIPTION:
Essential Duties & Responsibilities
Perform a combination of duties in accordance with departmental guidelines:
1. Interacts with foreign affiliates, providing oversight and analysis in coordinating the U.S. and local country tax provisions and international filing requirements as they relate to the U.S. federal consolidated tax return.
2. Participates in the preparation and analysis of domestic insurance and non-insurance corporate federal income tax returns, utilizing automated processes within Corptax software.
3. Support the international aspects of income tax accounting and reporting for the quarterly and annual financial statement filings, including utilizing software to calculate tax provisions, preparing journal entries, tracking deferred tax inventory, and analyzing tax account rollforwards.
4. Support or prepare tax research as assigned.
5. Provide fresh perspective on tax processes and identify potential improvements, including the use of tax technology and automation, where applicable.
6. Support tax technology initiatives focused on the development and enhancement of processes
7. Collaborate with Tax Division peers to address tax issues and meet organizational objectives.
8. Stay abreast of technical developments with the US taxation of international operations of domestic corporations including provisions specific to the insurance industry.
May perform additional duties as assigned.
Skills, Knowledge & Abilities
1. Working knowledge of various international provisions of the Internal Revenue Code, including foreign source income, foreign tax credits, controlled foreign corporations, foreign branches, federal excise taxes, GILTI and BEPS, and transfer pricing concepts.
2. Working knowledge of C Corporate taxation in general, including experience with newly enacted tax legislation. Exposure to insurance taxation is a plus.
3. Working knowledge of Generally Accepted Accounting Principles (GAAP) and related pronouncements such as Accounting Standards Codification Topic 740: Income Taxes (ASC 740). Exposure to Statements of Statutory Accounting Principles (SSAP) and Statement of Statutory Accounting Principles No. 101 (SSAP 101) is a plus.
4. Curious mindset, courage to ask questions.
5. Solid tax research skills.
6. Solid computer skills with a focus toward automated solutions and improved operational outcomes. CorpTax software experience is a plus, in addition to experience with Workday general ledger platform and Alteryx software products.
7. Solid verbal and written communication skills, with the ability to effectively describe tax issues
8. Results oriented with the ability to solve problems and work independently and/or in a team environment, demonstrating strong interpersonal skills.
9. Solid organizational and planning skills.
Education & Experience
1. Bachelor's degree in accounting. Masters degree of Science in Taxation is a plus.
2. Certified Public Accountant designation preferred or in progress.
3. Minimum of 3-5 years of public or corporate tax experience. Exposure to Insurance Industry is a plus.
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CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact [email protected] .