Tax Consultant

Company: CNA
Location: Chicago
Posted on: May 28, 2023

Job Description:

You have a clear vision of where your career can go. And we have the leadership to help you get there. - At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. - CNA seeks to offer a comprehensive and competitive benefits package to our employees that helps them - and their family members - achieve their physical, financial, emotional and social wellbeing goals.

For a detailed look at CNA's benefits, check out our Candidate's Guide . Job Summary

We are looking for a driven tax professional who will support tax accounting and reporting throughout the income tax life cycle. Responsibilities include preparing tax provision computations and disclosures, identification of process efficiencies, and supporting tax data and analytics. This role provides an opportunity to collaborate with different areas of the tax division and will have exposure to tax leadership.JOB DESCRIPTION:Essential Duties & Responsibilities

• Prepares income tax provision calculations, including utilizing software to calculate tax provisions, preparing journal entries, tracking deferred tax inventory, preparing analytics on tax results, and analyzing tax account rollforwards.
• Prepares tax analytic schedules and collaborates with team to communicate results to tax leadership.
• Supports other tax life cycles, including federal, state, and premium tax return preparation.
• Provides a fresh perspective on tax provision processes and identifies potential improvements, including the use of tax technology and automation, where applicable.
• Supports tax technology initiatives focused on the development and enhancement of processes.
• Collaborates with Tax Division peers to address tax issues and meet organizational objectives.
• Participates in the assessment of Generally Accepted Accounting Principles and Accounting Standards Codification Topic 740: Income Taxes (ASC 740) and Statements of Statutory Accounting Principles No. 101 (SSAP 101) impacts on tax law and accounting standard changes.
• Stays current on trends and developments on income tax accounting and reporting guidance, as applicable to the insurance industry.Skills, Knowledge & Abilities
  • Working knowledge of ASC 740. Working knowledge of SSAP 101 is a plus.
  • Working knowledge of C Corporation taxation in general, including experience with newly enacted legislation. Exposure to insurance taxation a plus.
  • Curious mindset, courage to ask questions. Solid tax research skills.
  • Solid computer skills with a focus toward automated solutions and improved operational outcomes. Corptax software experience is a plus, in addition to Workday general ledger platform experience.
  • Solid verbal and written communication skills, with the ability to effectively describe tax issues.
  • Results oriented with the ability to solve problems and work independently and/or in a team environment, demonstrating strong interpersonal skills.
  • Solid organizational and planning skills.Education & Experience
    • Bachelor's degree in accounting. Master of Science in Taxation degree is a plus.
    • Certified Public Accountant designation preferred or in progress.
    • Minimum 3-5 years of public or corporate tax experience. Exposure to Insurance Industry is a plus.#LI-MR1#LI-HYBRID CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact leaveadministration@cna.com . 0:00 -/ - 1:56 About UsAt CNA, we are focused on success, individually and collectively. We pride ourselves on promoting a culture that challenges and engages people. We strive to connect people, departments and business areas, to function as a team, and to serve our customers and communities with professionalism and respect.Our dedication to employee engagement, continuous learning and the open exchange of ideas is the cornerstone of our business. These ideals, combined with our focus on the customer, enable us to explore new market opportunities and build on our success.Our values, culture and financial strength are what differentiates us from other employers and make CNA the place you want to work.Diversity, Equity & InclusionCNA is committed to fostering a diverse and inclusive culture grounded in equity that supports our organization, clients, and communities by prioritizing talent and programs that represent our current environment and empower all employees and partners to be active allies and advocates for equality. Globally, our Employee Resource Groups - Advocacy for Visible & Invisible Disabilities (AVID), Asian Professionals for Excellence (APEX), Empowering Black Professionals (EBP), Generational Perspectives (GP), Organization of Hispanics and Latine Americanos ( -OHLA!), Pride, Women Impacting Leadership (WIL) and Veterans - make CNA, and our communities, even stronger.Corporate Social ResponsibilityAt CNA, we have a long standing commitment to the diverse communities in which we live and work. We actively make a difference for the greater good through partnerships, sustainability, initiatives, and working together for a better tomorrow. Corporate Social Responsibility is not one person, or one department, it's the entire enterprise coming together to make the world a better place.

Keywords: CNA, Chicago , Tax Consultant, Accounting, Auditing , Chicago, Illinois