Domestic Tax Accountant

MassMutual

MassMutual

Accounting & Finance
Springfield, MA, USA
Posted on Wednesday, April 24, 2024

Domestic Tax Consultant

Full-Time

Boston, MA or Springfield, MA

The Opportunity

As a Tax Consultant in the Domestic Tax Unit, you’ll have an opportunity to join an engaged team of professionals who work to reduce the Company’s exposure to tax risks, support M&A transactions, provide high-quality tax advice, and satisfy tax accounting, reporting, and compliance requirements for the Company’s domestic life insurance companies and its non-insurance subsidiaries.

The Team

The Tax Consultant will report to the Domestic Tax – Non-Life Tax Lead, a part of the Corporate Tax Department within Corporate Controllers. The team is responsible for federal and state tax compliance, GAAP and Statutory tax accounting including computations of quarterly and annual income tax provisions, financial statement reporting, and income tax planning and forecasting.

The Impact

  • Prepare income tax provisions in accordance with GAAP and statutory accounting rules (ASC740 and SSAP101)

  • Prepare Federal and state tax compliance for domestic life insurance companies and non-insurance subsidiaries

  • Support GAAP and statutory audits

  • Assist with IRS and state audits

  • Assist with tax planning opportunities, M&A transactions, and modeling tax impacts of proposed legislation and capital planning projects

  • Develop a strong working relationship with internal and external clients

  • Drives continuous improvement and efficiencies

  • Anticipates changes, looks for trends and directs or redirects efforts

  • Collaborate with external auditors to provide support

The Minimum Qualifications

  • 3+ years income tax experience (GAAP – ASC 740)

  • 3+ years of experience in working corporate tax technical functions such as federal tax returns

  • Bachelor’s Degree in Accounting, Finance or related.

The Ideal Qualifications

  • Statutory tax accounting experience with an understanding of SSAP 101, is a plus

  • CPA or MST highly desirable

  • Experience with provision/compliance software, GL systems, and research tools is a plus

  • Strong oral and written communication skills

  • Ability to identify issues, research, and recommend effective solutions

  • Strong interpersonal skills: ability to interact and collaborate within the Tax department and across the Company

  • Strong organizational skills, experience managing a diverse workload and skilled at prioritizing

What to Expect as Part of MassMutual and the Team

  • Regular meetings with the Domestic Tax Team

  • Focused one-on-one meetings with your manager

  • Hybrid work schedules

  • Access to mentorship opportunities

  • Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran and disability-focused Business Resource Groups

  • Access to learning content on Degreed and other informational platforms

  • Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits

#LI-DM2

Salary Range:

$86,200.00-$113,100.00

At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.

Why Join Us.

We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard.

We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. It’s more than our company structure – it’s our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual.

MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.

At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component. For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.