Root was founded on the belief that car insurance is broken, and we set out to change it. We’re harnessing the power of technology to revolutionize this archaic, complicated industry. Using machine learning and mobile telematic platforms, we’ve built one of the most innovative insurtech companies in the world.
The Opportunity
The Tax Manager will collaborate with the tax director and advisor to design tax processes and procedures to prepare Root as the company shifts towards profitability. The Tax Manager will prepare or complete detailed reviews of tax provision calculations and assist with third party firms for federal and state income tax returns, estimated tax payments, tax accounting/accruals, and state tax planning. Root is looking for a candidate with a strong background in ASC740 (tax provisions), SSAP101 (STAT tax reporting), Insurance tax, and state income tax. The manager will work across the tax team and collaborate with Finance Leadership to deliver accurate and timely tax information to internal and external stakeholders.
Salary Range: $105,000 - $125,000 (STI & LTI Eligible)
Root is a “work where it works best” company. This means we will support you working in whatever location that works best for you across the US.
How You Will Make an Impact
- Manage tax provision processes for GAAP and STAT reporting. This includes quarterly and year end preparation or detailed review of tax permanent and temporary adjustments, tax footnotes (GAAP and STAT), process improvement through automation and tax system maintenance, and team development.
- Oversee relationship with third party tax preparer and facilitate federal and state income tax returns, estimates, and planning. Analyze and prepare tax accruals.
- Work with finance leadership to build out processes for tax related cash and P&L forecasting and fixed expense budget planning
What You Will Need to Succeed
- 7+ Years of tax accounting for GAAP (ASC740) and STAT (SSAP101)
- Critical thinking and research skills
- Attention to detail while maintaining efficiency
- Prepare tax calculations, journal entries, and tax footnotes
- Process improvement
- Written and verbal communication skills:
- Ability to formally document accounting policy and tax law
- Working cross functionally across the business with leaders at all levels of the organization
- Responding to state regulators & auditors
- Self motivation to work in a fast paced but autonomous environment
- Manage multiple projects simultaneously
- Prioritize competing demands
- Coaching and development of team members
- State tax compliance and planning experience
- Review state income tax returns prepared by third party accounting firm and facilitate quarterly estimated tax payments
As part of Root's interview process, we kindly ask that all candidates be on camera for virtual interviews. This helps us create a more personal and engaging experience for both you and our interviewers. Being on camera is a standard requirement for our process and part of how we assess fit and communication style, so we do require it to move forward with any applicant's candidacy. If you have any concerns, feel free to let us know once you are contacted. We’re happy to talk it through.
Please see our Privacy Notice available HERE for more information on how we process your personal data.
Top Skills
What We Do
At Root, we’re doing things differently. We’re reimagining the services people need so that they serve them better. And we’re doing it by using data, technology, and rapid innovation to create products and experiences that are fair, easy, personal, and affordable.
We’ve partnered with Carvana in a partnership that brings an industry-leading, seamless insurance process to the online car buying experience.
The launch of Carvana Insurance Built with Root delivers an elevated customer experience made possible through a deep integration that pre-fills key customer information so that a customer can skip data entry and jump directly to evaluating quotes and customizing coverage. This fully embedded product experience—from quote to payment—happens entirely within the Carvana checkout process. Teams from both Carvana and Root have worked for months to build this bold technology platform. An early iteration involved 24 screens in the customer experience flow—that experience is now just three straightforward steps.
Why Work With Us
Our success is because of the hard work, ingenuity, and exceptional performance of our team. People come to Root because they know they can make an impact in their role, the company, and the industry. We’re passionate and curious self-starters, building a top-notch customer experience. Sound like something you’d like to be a part of?
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