Product Tax Specialist

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program.

It is our intention to fill this role in Columbus, OH. The hired associate must reside within 35 miles of One Nationwide Plaza, Columbus OH, 43215.

This position will be hired on a SuccessFlex basis. You will be required to come into the office two days per week, according to the department's current schedule.

Internal Compensation Grade: F4

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Job Description Summary

Do you want to invest in yourself and thrive in an environment of innovation, problem solving, collaboration and learning? If you’re prepared to work in a technology-enabled, digitally-focused organization, where Product Tax is a captivating and respected career, we want to hear from you!

As a Specialist, Product Tax, you'll support accurate product-related tax reporting and withholding to help ensure compliance with federal, state and local tax requirements. You’ll conduct targeted tax research and analysis for assigned products, prepare and review tax returns, reconciliations and responses to IRS, state and auditor information requests, and help maintain tax procedures, controls, calendars and system data. We’ll count on you to collaborate with consultants, tax analysts and business partners to implement tax reporting changes, assist with governance and oversight activities, develop and deliver basic tax training, and use technology and analytics to identify risks, resolve issues and continuously improve our product tax processes.

Job Description

Key Responsibilities:

• Conduct targeted tax research and analysis for assigned products and services (e.g., annuities, life insurance, Retirement plans, P&C claims). Uses analytics to provide areas of possible focus.

• Research and prepares response to IRS, state information requests and/or external auditors. Works closely with tax analysts and consultants to identify risks and tax adjustments for assigned entities and response to information requests accordingly. Assist with penalty mitigation and abatement.

• Prepares federal, state and local tax returns.

• Review complex tax reconciliations and calculations prepared by tax analysts.

• Maintain and update tax reporting procedures and controls.

• Develop tax calendars and reviews with product tax manager and/or consultant.

• Review and validate tax data inputs and outputs from reporting systems.

• Support implementation of tax reporting changes due to regulatory updates.

• Assist with performing governance & oversight functions to ensure tax compliance within our business line partners.

• Act as a liaison with business units for tax-related inquiries and issue resolution.

• Assists with developing tax training materials and conducts sessions for internal stakeholders.

• Asks questions, seeks knowledge and demonstrates a desire to learn financial and insurance industry products and impact of tax on them.

• Champions technology including AI and operational improvement culture. Uses technology in our fast paced and highly automated environment. In-depth tax systems knowledge and data management required for continued success.

May perform other responsibilities as assigned.

Reporting Relationships:Reports to Product Tax Manager/Director.

Typical Skills and Experiences:

Education: Undergraduate degree with studies in accounting, tax or other related field

License/Certification/Designation: Progress toward CPA certification, Series 6 and/or LOMA designation preferred.

Experience: Minimum of four years tax or accounting experience in a corporate or public accounting setting. Insurance or financial services experience preferred.

Knowledge, Abilities and Skills: Statutory and/or GAAP accounting. Ability to learn tax systems and apply technology to continually improve and manage risks. Self-starter who is able to prioritize work through team collaboration and with little day-to-day supervision. Inquisitive nature and desire to learn general and insurance tax concepts; asks questions and challenge answers. Self-reviews own work for accuracy. Must possess decision-making skills for problem identification and solution recommendation. Can apply technology and tax rules to complicated calculations with large amounts of data. Excellent communication skills in a diverse and fast paced environment.

Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by the hiring manager’s leader and Human Resource Business Partner.

Values: Regularly and consistently demonstrates the Nationwide Values.

Job Conditions:

Overtime Eligibility: Exempt (Not eligible)

Working Conditions: Normal office environment. May require extended hours in periods of high volume.

Credit/Background Check: Due to the fiduciary accountabilities within this job, a valid credit and/or background check will be required as part of the selection process.

ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

Benefits

We have an array of benefits to fit your needs, including: medical/dental/vision,life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer,click here.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.

NOTE TO EMPLOYMENT AGENCIES:

We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.

Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.The national salary range for Specialist, Product Tax : $88,000.00-$164,000.00The expected starting salary range for Specialist, Product Tax : $88,000.00 - $132,000.00