Corporate Tax Manager at Pacific Life

Newport Beach, California, United States

Pacific Life Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Life InsuranceIndustries

Requirements

  • Bachelor's degree in accounting or finance
  • Minimum 6 years of progressive tax experience; combination of Big 4 and corporate experience with concentration in income tax accounting and corporate taxation
  • Solid ASC 740 skills and experience; SSAP 101 a plus
  • Life insurance industry experience preferred
  • Work independently and proactively with minimal guidance
  • Strong business acumen and critical thinking skills
  • Project management skills and ability to manage external advisors
  • Goal-oriented and able to prioritize multiple tasks to meet deadlines in a timely manner
  • Detail oriented, hands-on and analytical tax professional with strong communication and excellent writing skills
  • Strong work ethic, cross functional knowledge, and general accounting skills
  • Process and documentation-oriented with excellent Excel skills
  • Experience in developing, presenting and implementing process improvements, new approaches and best practices (knowledge of Alteryx, Power BI a plus)
  • Strong research, analytical, and Microsoft Office skills
  • Experience with Longview tax provision software and OneSource Income Tax

Responsibilities

  • Prepare/review consolidated provisions with an emphasis on the technical application of tax accounting rules
  • Prepare/review tax related analysis and footnotes to be included in the Company’s financial statement filings
  • Prepare quarterly forecasting including effective tax rate and cash tax projections
  • Manage uncertain tax positions under ASC 740
  • Support various requests from external auditors in the annual review processes with effective communication with the auditors
  • Support compliance with SOX controls / ICFR
  • Perform research to assist with tax accounting initiatives
  • Provide ASC 740 technical guidance to less experienced team members
  • Interact with corporate accounting, finance teams, and treasury on tax accounting matters
  • Advise and support business teams across the enterprise to provide tax analysis on various business initiatives
  • Manage the digitization and integration of income tax provision and compliance processes
  • Oversee and manage external advisors in preparation of certain tax forms and tax compliance calculations, including coordinating data requests across division business teams, responding to document requests, review of tax returns, and return to provision analysis
  • Manage special tax accounting or tax compliance projects as needed
  • Oversee and manage ASC 740 tax accounting and reporting and US tax compliance

Skills

Key technologies and capabilities for this role

ASC 740Tax AccountingUS Tax ComplianceCorporate TaxationSOX ControlsICFRTax ForecastingUncertain Tax PositionsFinancial ReportingAudit SupportSSAP 101

Questions & Answers

Common questions about this position

What is the salary for the Corporate Tax Manager position?

This information is not specified in the job description.

Is this Corporate Tax Manager role remote or onsite?

The role is based in Newport Beach, CA, but specific details on remote or hybrid work arrangements are not provided.

What skills and experience are required for the Tax Manager role?

Candidates need a Bachelor's degree in accounting or finance, minimum 6 years of progressive tax experience with a focus on income tax accounting and corporate taxation, and solid ASC 740 skills. Life insurance industry experience and SSAP 101 are preferred, along with the ability to work independently, strong business acumen, critical thinking, and project management skills.

What is the company culture like at Pacific Life?

Pacific Life emphasizes collaboration, innovation, work-life balance, and making a positive impact, describing it as a career with purpose where employees have support and resources to transform the industry.

What makes a candidate stand out for the Tax Manager position?

Stand out by demonstrating the ability to work independently with minimal guidance, strong business acumen, critical thinking skills, and project management abilities, along with preferred experience in life insurance taxation and SSAP 101.

Pacific Life

About Pacific Life

Newport Beach, CaliforniaHeadquarters
1868Year Founded
$189.4MTotal Funding
N/ACompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Health Insurance
Paid Vacation
Paid Parental Leave
Adoption Assistance
401(k) Retirement Plan
401(k) Company Match

Risks

Increased competition in annuities market from companies like Prudential and MetLife.
Potential financial exposure from significant real estate investments.
Integration challenges with Selerix could affect customer satisfaction.

Differentiation

Pacific Life partners with T. Rowe Price for innovative Lifetime Income solutions.
Recognized as a top community-minded company, enhancing brand reputation and trust.
Real-time integration with Selerix improves benefits administration accuracy and efficiency.

Upsides

Lifetime Income solution attracts clients seeking secure retirement options.
Enhanced annuity products offer flexibility and growth, increasing product attractiveness.
Strong real estate financing position opens more sector opportunities.

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