Senior Tax Accountant - Hybrid

Awarded a Healthiest Employer, Blue Cross Blue Shield of Arizona aims to fulfill its mission to inspire health and make it easy. AZ Blue offers a variety of health insurance products and services to meet the diverse needs of individuals, families, and small and large businesses as well as providing information and tools to help individuals make better health decisions.

At AZ Blue, we have a hybrid workforce strategy, called Workability, that offers flexibility with how and where employees work. Our positions are classified as hybrid, onsite or remote. While the majority of our employees are hybrid, the following classifications drive our current minimum onsite requirements:

• Hybrid People Leaders: must reside in AZ, required to be onsite at least twice per week

• Hybrid Individual Contributors: must reside in AZ, unless otherwise cited within this posting, required to be onsite at least once per week

• Hybrid 2 (Operational Roles such as but not limited to: Customer Service, Claims Processors, and Correspondence positions): must reside in AZ, unless otherwise cited within this posting, required to be onsite at least once per month

• Onsite: daily onsite requirement based on the essential functions of the job

• Remote: not held to onsite requirements, however, leadership can request presence onsite for business reasons including but not limited to staff meetings, one-on-ones, training, and team building

Please note that onsite requirements may change in the future, based on business need, and job responsibilities. Most employees should expect onsite requirements and at a minimum of once per week.

This position is hybrid within the state of AZ only.  This hybrid work opportunity requires residency, and work to be performed, within the State of Arizona.

PURPOSE OF THE JOB

Responsible for assisting with initial preparation of all information needed for federal and state income tax filings in a consolidated corporate environment. This position is under the direction of the Tax Manager and will work closely with other departments to help compile information needed to prepare supporting schedules and reconciliations for BCBSAZ and its subsidiaries. The tax department leverages multiple technologies (i.e., Alteryx and Corp tax) to calculate GAAP/STAT tax provisions and to ensure better accuracy.

QUALIFICATIONS

REQUIRED QUALIFICATIONS

Required Work Experience

• 3 years of experience in corporate tax accounting.
• Prior insurance experience is a plus + but not required.

Required Education

• Bachelor’s degree in accounting, business, or related field of study

Required Licenses

• N/A

Required Certifications

• N/A

PREFERRED QUALIFICATIONS

Preferred Work Experience

• 5 years of experience in corporate tax accounting.

Preferred Education

• Master’s degree in taxation, accounting, business, or related field of study 

Preferred Licenses

• N/A

Preferred Certifications

• CPA candidate: CPA preferred.

ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES

• Assist in accounting for income taxes in accordance with ASC 740 / SSAP 101.
• Assist with preparation of all investment schedules necessary for annual tax return filing for a large and complex investment portfolio, including reconciliations from financial statement balances.
• Prepare premium tax accrual calculation and necessary estimated/annual tax return(s).
• Assist with the preparation of all tax basis fixed asset schedules necessary for annual tax return filing and various ongoing projections.
• Prepare schedules and documentation needed for tax return preparation and provide to outside tax consultants for input to tax return software. Coordinate as needed to ensure all relevant information is provided. Responsible for updating and maintenance of historical tax return software, as well as preparation of forecasted tax scenarios using specialized software for tax.
• Assist in developing tax scenarios for corporate plan and forecasting purposes.
• Calculate quarterly federal and state estimated tax payments.
• Perform general ledger tax account analysis and reconciliations.
• Provide tax accounting support to the financial reporting department.
• Assist with federal income tax audits where needed.
• Develop and implement improved processes to ensure efficient and accurate calculation of information