Head of Tax - Charlotte - Brighthouse Financial

Description

Head of Tax (Charlotte, NC (Hybrid) or Remote)

Join to apply for the Head of Tax (Charlotte, NC (Hybrid) or Remote) role at Brighthouse Financial.

Where You'll Work

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

How You'll Contribute

As the Head of Tax you will report directly to the Chief Accounting Officer and will be responsible for ensuring compliance with all federal and state tax laws and regulations, development and implementation of appropriate tax planning strategies, oversight of tax audits and controversies, and active participation in the Company's tax advocacy efforts.

In This Role, You'll Get To

• Develop and implement tax strategies to optimize the Company's tax position in partnership with key business stakeholders (e.g., Treasury, FP&A, Investment Management, Legal)
• Serve as a thought leader and actively participate in trade associations, such as the American Council of Life Insurers
• Collaborate with Government Relations to support advocacy for tax matters of importance to the Company.
• Monitor new and proposed tax law changes, evaluate and communicate impacts to business partners.
• Advise the Finance leadership, Legal, and other business partners on tax reporting issues for the Company's financial activities.
• Provide leadership of interim and annual GAAP (ASC740) and STAT (SSAP101) provision processes, including management of effective tax rate, review of valuation allowance analyses, and other related activities
• Supervise indirect tax accounting.
• Oversee preparation and filing of all Federal and state tax returns, including but not limited to, income tax, premium, retaliatory and municipal tax, sales and use tax, product withholding tax, and personal property tax.
• Guide tax audit activity, including review of audit responses and collaboration with outside counsel or other advisors.
• Maintain strong working relationship with Company's external auditors, outside counsel, and other advisors.
• Ensure strong control environment in compliance with SOX and MAR requirements.
• Coach and develop a team of tax professionals, at all levels.

We're Looking For People Who Have

• Minimum 12 – 15 years of tax reporting and compliance experience in the life insurance industry or in a tax practice of a major accounting firm working with life insurance companies; CPA required
• Experience dealing with federal, state and local tax regulators
• Technical expertise and experience in life insurance tax and tax accounting (ASC 740, SSAP 101), consolidated tax return regulations, and Life/Non-Life group issues
• Strong oral and written communication skills
• Strong accounting and analytical skills
• Ability to manage issues and projects across Tax and business partners
• Ability to clearly communicate complex financial and process-related information to management
• Ability to manage multiple complex tasks towards completion at the same time
• Seasoned leader with track record of growing talent and developing strong teams
• Bachelor's Degree, ideally in Accounting or Finance, required; Masters in Tax/Accounting, highly desirable

Leadership Competencies

• Thinks Strategically – Sets direction aligned to the company's strategy, applying external and global perspective to meet local and global needs.
• Motivates People – Gains people commitment to achieve business objectives through clear communication of the company's vision and flexing leadership styles to inspire high performance.
• Creates Partnerships – Authentically builds trusted relationships and collaborates across global, diverse and multi-functional teams to successfully drive business objectives.
• Seizes Opportunity – Seeks new opportunities and ways to create balanced business growth while improving operational capabilities.
• Grows Talent – Inclusively and pro-actively develops talent, empowers individuals and manages diverse teams to drive engagement and performance.
• Models our Values – Creates a culture that promotes the company's values and standards through role modeling, accountability and ownership of decisions.
• Focuses on Customers – Promotes customer centricity and ensures focus on creating great customer experiences to achieve competitive advantage.
• Drives Results – Sets aggressive goals and is accountable for continuously driving improved performance, leading change and ensuring high standards.

Key Relationships

• Reports to: Chief Accounting Officer
• Direct Reports/Team: 4, team of approximately 18
• Key Stakeholders: CAO peers (Deputy CAO, Controller, Reinurance Controller), CFO, FP&A, Treasury, Expense Management, Actuarial Valuation, Tax – Legal

What You'll Receive

• Compensation – Base salary ranging from $275,000 - $310,000 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.

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 here. 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.