Position Summary
Assured Guaranty is seeking a Tax Manager for our New York based Accounting – Tax team.
Position Description
• Review of federal and state income tax returns.
• Review of quarterly federal and state estimated tax payment calculations along with extensions and related filings.
• Preparation and review of GAAP (ASC 740) and Statutory (SSAP 101) income tax provisions and supporting documentation. This includes the calculation and review of deferred tax inventory items and maintenance and reconciliation of consolidated current and deferred tax balance sheet accounts and financial statement disclosures.
• Coordinate with outside tax advisors in foreign jurisdictions to review international filings and other international reporting.
• Manage responses to audit examiners including IRS and state.
• Manage Sarbanes-Oxley documentation of tax process and procedures and examination by auditors of financial statements.
• Perform tax research and preparation of tax memorandum.
• Keep up-to-date on latest developments as they affect tax regulations and policies.
• Manage other members of the tax department.
Candidate Background
• 7 to 10 years of tax experience in public accounting or corporate tax department.
• CPA or graduate degree preferred.
• Experience managing professional staff and outside tax advisors.
• Federal, State and international income taxation compliance and accounting experience. Insurance tax experience is a plus.
• Solid foundation of GAAP (ASC 740) and Statutory (SSAP 101) tax provision experience is a plus.
• Solid PC skills, including Microsoft Windows, Office applications and tax preparation software (FAST-Tax/Go-systems). PeopleSoft skills a plus.
• Be a highly-motivated self-starter and successful in a "Team" oriented setting.
• Be able to quickly process information and master complex concepts.
• Possess a solid understanding of accounting theory, tax and accounting practices.
• Have exceptional organizational skills with excellent attention to detail.
• Be able to work under pressure, multi-task and meet deadlines.
• Have strong interpersonal skills and excellent communication skills (both verbal and written), including ability to simplify and communicate complex business information.
Compensation
Annual base salary for the position is expected to be from $145,000 per year to $165,000 per year. The actual salary will depend on various factors, including but not limited to a candidate’s experience and credentials, salary expectations of applicable candidates, and other applicable market conditions. This position also provides applicable employee benefits, as well as eligibility for an annual discretionary bonus.
Top Skills
What We Do
Assured Guaranty is the leading provider of financial guaranty insurance. We guarantee timely payment of scheduled principal and interest when due on municipal, public infrastructure and structured financings. Issuers use our financial guarantees to lower their cost of funds, broaden distribution and diversify funding sources. For more than three decades, our insurance subsidiaries have helped to lower the cost of borrowing for municipalities and other issuers across the United States by guaranteeing a wide range of tax-exempt and taxable, investment-grade, municipal bonds that are supported by either tax revenues or revenues from essential public projects or services. From schools to clean water, from transportation projects to hospitals and more, we help municipalities build sustainable public infrastructure and better serve their residents, including their underserved and at-risk communities.
We are also active in the United Kingdom, Europe, Australia and other developed countries, where we guarantee public-private partnership, local authority and regulated utility financings. In structured finance, globally, we guarantee asset securitizations and craft custom applications of our guarantees to assist our institutional clients in managing their portfolio risk and capital. For investors, our value proposition includes not only the security of our unconditional, irrevocable guaranty but also our experienced credit selection, underwriting and surveillance. Our business model has proven its resilience through multiple business cycles, and we have demonstrated our commitment to maintaining the financial strength to protect our policyholders for the life of their insured investments.
In addition, our subsidiary Assured Investment Management LLC provides alternative investment management and advisory services to institutional and other qualified investors through our investment arm and offers a variety of credit-focused strategies and structured finance solutions.
