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Senior Tax Accountant
Senior Tax AccountantSiriusPoint Ltd. • New York, NY, United States
Senior Tax Accountant

Senior Tax Accountant

SiriusPoint Ltd. • New York, NY, United States
16 hours ago
Job type
  • Full-time
Job description

Description

Senior Tax Accountant

NY US

Who We Are

SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and Program Administrators. With approximately $2.7 billion total capital, SiriusPoint's operating companies have a financial strength rating of A- (Excellent) from AM Best, S&P and Fitch, and A3 from Moody's.

Join Our Team

The Senior Tax Accountant will assist in many aspects of the company's tax functions, including tax compliance, planning, and reporting. This role involves working closely with managers and above to ensure that the company's tax positions are optimal, compliant with regulations, and aligned with overall business objectives. This role will primarily focus on US and Canada but can extend to other jurisdictions if necessary. This position reports to the Tax Manager.

Your responsibilities will include :

Financial Reporting :

  • Prepare detailed, organized, and cross-referenced working papers which agree to standardized ASC 740 and SSAP 101 templates in support of financial statements and related disclosures. Completion of working papers should be prepared / reviewed timely and relatively error free.
  • Prepare and maintain support for deferred tax inventories, including full balance sheet review of deferred tax items corresponding to trial balance accounts.
  • Responsible for preparing tax journal entries and reconciling tax accounts to support.
  • Assist with preparation of tax footnote disclosure for US GAAP, US Statutory and Canadian OFSI
  • Prepare supporting documentation to support position on US tax attributes.
  • Assist in ensuring tax controls are operating effectively and assist in gathering support related to testing by internal and external auditors.

Tax Compliance :

  • Assist in the review of all separate company Federal, state and local tax returns including but not limited to Federal Forms 1120, 1120PC, 1120F, 1065, 5471, 5472, 8858, 1042 and 720 to ensure returns are timely filed, accurate, and complete.
  • Assist in gathering and providing information to external tax preparer.
  • Prepare and / or review return-to-provision in tax software (CorpTax). Review return-to-provision differences to understand the drivers including if assessing if it resulted from a change in estimate or an error.
  • Preparation of monthly sales tax filing for NY, Federal Forms 1042, 720, and other forms that are not completed by external tax preparer.
  • Ensure tax payments are made timely including supporting documentation and ensuring payments are appropriately reflected in tax accounts.
  • Technology / Process Improvement :

  • Assist with identifying opportunities for process improvements and assist in implementing best practices to enhance the efficiency and effectiveness of the tax function.
  • Maintain fixed assets for tax books for all US subsidiaries in Workday ledger including ensuring appropriate depreciation method is used.
  • Tax Controversy : Assist in IRS and State audit examinations by compiling relevant data in response to IDRs (information document requests) from taxing authorities. Assist in the tracking, review, and resolution of notices / letters received from taxing authorities.

    Advisory : Identify new tax adjustments or other tax issues and independently research impact to SiriusPoint. Be able to effectively communicate with Tax Manager and / or Director of Group Tax Reporting & Compliance. Research tax issues for tax planning and compliance reporting as directed by Tax Manager, Director of Group Tax Reporting & Compliance, and / or Director of Group Tax Planning & Advisory. Assist in drafting memoranda to support and document conclusions as directed.

    Collaboration :

  • Assist with completing information requests and answering questions regarding SiriusPoint's tax accounts from outside audit firms and from internal teams by demonstrating analytical and reasoning skills.
  • In general, manage and build relationships with external service providers.
  • Maintain organized and thorough tax records and documentation. Ensure documentation is readily accessible.

    Monitor current and proposed tax law changes to determine impact on SiriusPoint.

    Other projects as directed by the Tax Manager, Director of Group Tax Reporting & Compliance, and Director of Group Tax Planning & Advisory, including information reporting, transfer pricing, tax planning and modeling, and other.

    United behind common goals

    At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make at SiriusPoint. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career.

    Our Purpose is to provide security and resilience in an uncertain world.

    Our Vision is to be recognized as a best-in-class insurer and reinsurer utilizing deep risk capabilities to protect our customers. Blending our talent, expertise and data to provide intelligent risk solutions.

    Our culture is one of performance and accountability. Our people are our experts and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment.

    Our Values are at the heart of our business, and which guide every day actions and decision making.

  • Integrity : Integrity, respect and trust are our core principles
  • Customer Focused : Our customers are the reason we exist
  • Solution Driven : Creating solutions is our mindset
  • Diversity : Diversity, inclusion and allyship make us stronger
  • Collaboration : Collaboration drives outperformance
  • Your skills and abilities should include :

  • Must have working knowledge of ASC 740 and SSAP 101, and GAAP accounting
  • Minimum B.S. in Accounting with tax concentration. M.S. in tax is a plus but not required.
  • 3-5 years' experience in taxation areas of property and casualty insurance companies
  • 2-4 years of public accounting experience servicing property and casualty insurance clients preferred but not required.
  • Working knowledge of OneSource and / or CorpTax is a plus but not required.
  • Strong analytical and reasoning abilities
  • Attention to detail, strong Excel skills, and ability to manage multiple deadlines.
  • Ability to work independently, be a self-starter and able to adapt easily to change
  • Strong interpersonal skills. Able to work well with a team.
  • Excellent written and verbal communication skills.
  • Fluency in English is required.
  • SALARY : The estimated salary range for this position is $120,000 per year to $130,000 per year. This is a good-faith assessment of the salary range for this position only. In determining the actual salary within this range, SiriusPoint will consider a candidate's relevant experience, location, and other job-related factors.

    Why Should You Join SiriusPoint?

    Our people are our experts, and from day one you will be empowered to apply your expertise in a supportive, collaborative, and purposeful environment. Our Values - Integrity, Customer Focused, Solution Driven, Diversity, and Collaboration - are at the heart of our business, and they guide our everyday actions and decision making. We also unite our global team behind common goals, ensuring you can make a meaningful impact.

    We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career. We offer a competitive and above market compensation package. The following are some of the benefits and perks we offer our employees :

  • Medical
  • Dental
  • Vision
  • FSA Medical and Dependent care
  • Health Savings Account (HSA)
  • EAP
  • Basic Life and AD&D (company paid)
  • Basic Long-Term Disability (employer) paid-Taxable income
  • Employee paid Long Term Disability(voluntary)
  • Company Medical Leave, Parental leave- 8 weeks full pay after 6 months of service
  • Voluntary benefits : short term disability, Critical illness, Hospital Indemnity, Accident
  • Travel assistance programs Company paid
  • 401(k) 6 % safe harbor match, fully vested after two years, pre- and post-tax contributions allowed
  • Gym reimbursement
  • Legal plan
  • Pet Insurance
  • Tuition reimbursement
  • Generous PTO
  • Flexible work arrangement
  • Fully stacked pantry on-site
  • Team outings
  • ERG Groups
  • We Achieve More Together

    At SiriusPoint, we know that diversity, inclusion and allyship make us stronger. We value and are committed to supporting the unique voices, backgrounds, cultures, lifestyles, and contributions of the diverse global employee base that make up our business.

    We know that a diverse and equitable culture, where all voices are included and heard, is critical to our success as an employer. We are committed to developing our DE&I strategy to ensure that SiriusPoint remains a supportive and empowering place of work.

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    Senior Accountant Tax • New York, NY, United States