Investment Tax Manager

Security Benefit is searching for an experienced Investment Tax Manager to join our Finance team. This position could work in our home office in Topeka, Kansas, or our Overland Park, Kansas or Des Moines, Iowa office. SB associates are working in a hybrid environment with both remote and on-site work.

Who Are We?

Through a combination of product innovation, exceptional investment management, and a unique distribution strategy, Security Benefit has become a leader in the U.S. retirement industry. For more than five decades, we have focused our expertise solely on this market, providing a broad suite of annuities and mutual fund programs to help customers from coast to coast align their assets with their aspirations.

What Does the Job Look Like?

The Investment Tax Manager will be the first point of contact and subject matter expert for all company investments.  The successful candidate will need to have a strong technical background in investment taxation with experience of State Street PAM investment accounting system a plus.  The candidate will be expected to interact closely with the investment accounting and investment operations teams to review and document the tax implications of investments and assist in structuring investments to minimize negative tax consequences.

• Maintain and track partner/partnership, CLO residual, and alternative investment tax basis.
• Perform security/debt investment analysis to determine proper tax treatment.
• Assist in the tax maintenance and utilization of PAM investment accounting system for tax.
• Review, analyze, and recommend automation for calculating investment tax adjustments and tracking differences in book and tax basis.
• Obtain and maintain international tax treaty relief where applicable.
• Supervision, review, and preparation of:
  •  GAAP and Statutory quarterly tax provisions, including related reporting disclosures, and management reports;
  • Review and prepare federal and state income tax return workpapers;
  • Review of quarterly forecasted income tax projections and effective tax rates;
  • Maintenance of tax basis balance sheets and deferred tax inventory supporting schedules;
• Research and draft technical tax memorandums on proposed transactions and tax planning initiatives with an emphasis on investments.
• Manage and help facilitate income tax audits and respond to state notices. 
• Develop and maintain a strong internal control environment within the Tax Accounting function.
• Research and documentation of tax technical issues with an emphasis on investments.

Who Are You?

• Bachelor’s degree in Accounting or Finance or related discipline/equivalent experience.
• CPA and/or master’s degree in Accounting or Taxation preferred.
• 8+ years’ experience in public accounting or in a large corporate environment.
• Strong technical background in review and preparation of quarterly provisions and associated tax footnotes.
• Strong technical knowledge of Generally Accepted Accounting Principles (GAAP) and GAAP audits.
• Corporate Federal Insurance income tax and/or investment tax knowledge/preparation a plus.
• Knowledge of Statutory Accounting Principles a plus.
• Knowledge of PeopleSoft, Oracle Tax Reporting Cloud System and Enterprise software a plus.
• Knowledge of State Street PAM investment accounting system a plus.
• Ability to work independently to identify tax issues and propose solutions.
• Strong working knowledge of Microsoft Office, including Outlook, Word, and Excel, with advanced Excel skills preferred.

What Security Benefit Can Offer You:

Security Benefit offers a competitive salary and as a full-time employee you are eligible for our robust benefits package including:

• Employees are eligible for an annual incentive bonus designed to reward for performance.
• 33 days of paid time off for PTO, paid holidays, days of Significance, and a Volunteer Day
• Paid parental leave eligible after one year of service
• Medical, Dental & Vision Insurance
• 401k with company match
• Profit Sharing & Savings Plan
• Short-term and long-term disability insurance
• Flexible spending account
• Life insurance
• Educational Assistance
• Associate Assistance Programs
• Career growth and more!

Consider joining our progressive team in our nationally recognized company. Visit the career section of our website at www.securitybenefit.com/careers to apply and submit your resume. EOE