COUNTRY Financial is seeking an Income Tax Consultant to join the Income Tax Compliance team. This role will focus on ensuring compliance with all aspects of income tax reporting and filings, including SSAP 101, the Internal Revenue Code, and state/local income tax laws and regulations.
*This position is part of a job family. Placement will be determined by skills and qualifications of the candidate.
Prepares federal and state income tax returns according to prescribed rates, laws, and regulations by required deadlines.
Calculates taxes owed according to prescribed rates, laws, and regulations by required deadlines.
Remits payment of federal and state income tax to taxing bodies by the prescribed due dates.
Compiles monthly and quarterly tax provisions for management reporting and financial statement preparation, including applicable footnote disclosures and account reconciliations.
Prepares necessary schedules and provides requested information in conjunction with annual financial statement audit and audit report preparation.
Analyzes current processes and implements improvements to increase efficiency and effectiveness.
Assists in the training and development of entry-level and senior tax accountants.
Coordinates and reviews work of other tax accountants as assigned.
Recommends and implements changes necessary to comply with statutory and tax requirements. Stays abreast of changes in tax accounting trends, techniques, and procedures.
Researches and recommends proper handling of non-routine tax issues.
Corresponds and negotiates with governmental tax agencies at a tactical level.
Performs other related work as required or requested.
College degree with major in accounting, or the equivalent in related work experience.
Experience in life/health and/or property/casualty insurance taxation to ensure the proper filing of returns.
Strong knowledge and understanding of GAAP and Statutory accounting principles and theories.
Thorough knowledge and understanding of federal and state tax laws and regulations.
Detail-oriented with ability to identify problem areas and recommend corrective actions.
Able to perform research with a high level of analytical skill and communicate the results.
Demonstrates the ability to train, coordinate, and review various level employees’ work assignments.
CPA designation and/or advanced degree.
10+ years of experience in life/health, property/casualty, and/or general corporate taxation.
Possesses extensive tax knowledge to identify complex tax issues, research solutions, and develop appropriate recommendations.
Able to lead meetings and make presentations.
Able to work independently to guarantee the accurate and timely completion of department tasks.
COUNTRY Financial does not generally sponsor individuals for employment-based visas for this position.
COUNTRY Financial serves about 1 million households and businesses throughout the United States. The company was formed in 1925, when a group of Illinois Farm Bureau members established an insurance company to provide fire insurance on their farm buildings and contents. Auto insurance was added in 1927, followed by life insurance in 1929.
This long-standing connection with the Illinois Farm B...ureau still continues.
Today, COUNTRY Financial helps people protect what they have, save for a comfortable future and achieve financial security with a wide range of insurance and financial products, including auto, home, life, commercial and disability income insurance. Services also include retirement planning, investment management and trust services.
The company’s 2,000 financial representatives work closely with their customers to help them achieve their goal of financial security.
Licensed in forty states, the company has over 3,000 employees. COUNTRY Financial is a strong corporate citizen, supporting national and regional non-profits in communities across the country.
COUNTRY Financial is headquartered in Bloomington, IL, and has revenue of $3.2B.
More information is available at https://www.countryfinancial.com