Product Tax Consultant

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!

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 Success Flex basis. You will be required to come into the office, according to the department's current hybrid schedule.

• Reviews federal and state tax returns. Performs on-site review with business partners if required.
• Perform governance & oversight functions, including tax risk assessments and audits, to ensure compliance within our business line partners.
• Monitor product and tax laws and regulatory developments and analyze enterprise impact. Communicate impact to management and key stakeholders and assist and provide guidance with implementation across the enterprise. May represent and serve on product tax industry committees.
• Research and analyze product tax risks and recommend solutions and tax strategies including new product launches and changes.
• Design and test tax withholding & reporting logic in collaboration with, business analysist, IT and vendors. May act as primary point of contact with key vendors on day to day matters.
• Manage and review user access to key product tax systems used across the enterprise.
• Reviews 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. Works closely with tax attorneys on penalty mitigation and abatement.
• Continuously develop, monitor and provide key insights into tax analytics including forecasting.
• Verifies accuracy and completeness of tax calendars and communicates with key stakeholders.
• Develop training materials and conduct sessions for internal stakeholders.
• Represents Tax COE in regularly scheduled meetings with business partners and key stakeholders. Communicates tax issues and listens to changes in the business environment. Develop contacts at the appropriate level to aid in providing timely tax response and planning opportunities.
• Assist with Managing day-to-day operations of tax reporting and withholding across the enterprise.

May perform other responsibilities as assigned

Reports to Product Tax Director/Officer/Executive

Education:

Undergraduate degree with studies in tax, law or accounting.

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

Experience:

Minimum of six years tax experience in a financial services and/or multi-line insurance company, public accounting firm or law firm.

Knowledge, Abilities and

Skills:

Knowledge of statutory and/or GAAP accounting. Knowledge of modeling and tax systems. Knowledge of research techniques. Ability to communicate with management, insurance regulators, IRS agents and consultants. Ability to analyze operating results to project tax consequences and to anticipate regulatory questions.

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.

Regularly and consistently demonstrates the Nationwide Values.

Overtime Eligibility:
Exempt (Not eligible)

Working Conditions:

Normal office environment; may require extended hours in periods of high work volume.

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

The above statements cover what are generally believed to be principal and essential functions of this job.…