Manager, Tax & Audits (Charlotte, NC (Hybrid) or Remote)

Where you’ll work:

Our flexible, hybrid work model offers the option to work remotely or in the office.

How you’ll contribute:

As a Manager, Tax Advocacy & Audits you’ll be responsible for supporting tax audits, tax planning, and tax advocacy.  This position will also support other tax functional areas (e.g., federal and state income tax compliance and accounting, tax information reporting, premium tax).  This position reports to the Director, Tax Advocacy & Risk Management.

In this role, you’ll get to:

• Support the company’s tax controversy activities 
  • Serve as primary or secondary point of contact for federal and state tax authorities during tax examinations.
  • Preparation or review of responses to notices and examinations by federal and state tax authorities including but not limited to liaising with other departments to  gather and analyze data, understanding the company’s accounting methods and how they’re operationalized, and understanding how the accounting information gets reflected on the income tax returns
  • Research and document tax technical return positions 

• Support the company’s tax planning initiatives 
  • Model tax impacts related to forecasts, legislative changes, changes to return positions, and tax planning strategies.
  • Gather information and perform computations to facilitate tax planning initiatives (e.g., E&P, FTC carryforwards, tax basis, etc.).
  • Research and document tax technical and tax risk aspects of tax planning strategies.

• Support the company’s FIN48/Contingent Tax Liabilities process
  • Actively participate in identification and evaluation of tax risks that may require a reserve. 
  • Maintain FIN48 reserves and interest calculations. 
  • Maintain any non-income tax reserves (contingent tax liabilities) and interest calculations.

• Support the company’s tax advocacy activities
  • Serve as liaison to ACLI working groups, as appropriate.
  • Monitor potential tax legislative changes and identify and communicate items of interest/impact to company.

• Support the company’s federal and state income tax accounting/reporting and compliance activities, as needed
  • Actively participate in the tax quarterly financial close and reporting process, including review. and/or preparation of book-tax adjustments, current and deferred tax calculations, effective tax rate reconciliations, internal metrics, and tax footnotes.
  • Review of federal income tax returns and related workpapers (e.g., book-tax adjustments, consolidating schedules, etc.).
  • Preparation, as appropriate, of complex tax adjustments such as foreign tax credits.
  • Review of standalone and consolidated/unitary/combined state income tax returns and related workpapers.
  • Identification of process improvements to the tax compliance processes resulting from federal and state income tax notices and examinations.

• Support other tax functional areas as needed (e.g., premium and other non-income taxes, tax information withholding)

We’re looking for people who have:

• 4-6 years of federal and state income tax experience at a life insurance or financial services company or at a nationally recognized accounting firm, or a combination thereof.
• In depth knowledge and understanding of US GAAP and tax accounting (ASC 740) principles related to corporations.
• Experience with and understanding of insurance statutory and tax accounting (SSAP 101) preferred.
• Proficient with MS Excel, Access, Word, PowerPoint and Project.
• Strong data analysis and manipulation skills.
• Experience using CorpTax, investment accounting systems (PAM for Investments) and general ledger systems (SAP). 
• Experience with Alteryx and other BI tools a plus.
• Prefer candidates who have or are pursing CPA.
• Strong communication skills, both oral and written.
• Strong accounting, analytical, and tax technical research skills.

Research shows some people may not apply for a role if they don’t check all the boxes of a job description. If you don’t check every box listed, that’s okay. We would love to hear from you.

What you’ll receive:

• Compensation – Base salary ranging from $120,000 to $135,000 plus competitive performance-based incentives determined by company and individual results.
• Flexible Work Environment – Work remotely or in the office to better thrive in all areas of life.
• Paid Time Off – Recharge with a minimum of 20 days of paid time off and 16 paid company holidays per calendar year plus paid volunteer time and paid study time.
• Financial Health – Work toward achieving your financial goals through our 401(k) savings plan with company match (up to 6%) and annual company nondiscretionary contribution (3%), 15% employee stock purchase plan discount, and financial counseling services.
• Health and Wellness – Enjoy competitive medical, vision, and dental plans plus tax-free health savings accounts with potential company contributions up to $1,000 per family.
• Family Support – Care for loved ones with up to 16 weeks of paid leave for new parents, back-up dependent care, dependent care flexible spending account, and up to a $25,000 lifetime maximum during your adoption, infertility, or surrogacy journey.
• Life and Disability Support – Gain access to company-paid basic life insurance and short-term disability insurance.

The company and your department may occasionally gather in person throughout the year to foster a culture of belonging and promote team building. We’d love for you to join us during those company-wide and department-wide events to help you strengthen connections across the company.

Why join us?

Brighthouse Financial is on a mission to help people achieve financial security. Our company is one of the largest providers of annuities and life insurance in the U.S.,* and we specialize in products designed to help people protect what they’ve earned and ensure it lasts.

We empower employees to collaborate, bring their passion to work, and make an impact. Our inclusive work environment fosters a culture that celebrates diverse backgrounds and experiences. You can find out more about our company culture by visiting brighthousefinancial.com/about-us/careers/.

We’re one of the largest providers of annuities and life insurance in the U.S.,* and our commitment to being a great place to work has earned us recognition from Forbes as one of America’s Best Midsize Employers, from Newsweek as one of the Most Trustworthy Companies in America, and as one of the Healthiest Employers of Greater Charlotte.

* Ranked by 2023 admitted assets. Best’s Review®: Top 200 U.S. Life/Health Insurers. AM Best, 2024.