Tax Accountant - Strategic Transactions

At AIG, we are reimagining the way we help customers to manage risk. Join us as a Tax Accountant - Strategic Transactions to play your part in that transformation.

It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Global Functions

Global Functions provide a wide range of services to the organization such as Business IT and Operations, Finance, Tax, Communications, Security and Human Resources.

Its teams play a vital role in ensuring we deliver for our customers and achieve our business goals.

How you will create an impact

AIG is seeking a Tax Manager in our New York office location. This position will be responsible for the tax accounting analysis and documentation of significant transactions, including M&A activity, purchase accounting, and any divestiture activity for AIG.

This role will support U.S. entity tax reporting and ensure transactions are properly reflected in the U.S. GAAP and NAIC financial statements.

This role will be responsible for the coordination of global SOX control activities, including direct responsibility for controls related to higher risk M&A and divestiture activities.

This role would suit an individual looking for exposure to a diverse range of accounting, tax technical, as well as operational issues in an insurance business.

The key responsibilities include :

• Manage U.S. GAAP and U.S. Statutory tax accounting analysis and support U.S. Federal tax compliance related to significant transactions.
• Ensure completeness and accuracy of the quarterly tax accounting and reporting related to M&A and divestiture activity, including purchase accounting implications, and calculation of tax basis and tax gain / loss.
• Prepare analytics for senior management presentations, focusing on clearly and concisely explaining major impacts of M&A activity, including impact on cash tax liquidity, tax attribute utilization, effective tax rate and the consolidated and segment tax balance sheet.
• Close collaboration with strategy teams in modelling scenarios for planning purposes.
• Manage SOX and Internal Audit teams on tax accounting transaction related controls and documentation.
• Global coordination of SOX controls activities. This includes recommending and implementing changes to enhance internal controls over tax items on a quarterly and annual basis and working with external auditors and internal audit teams.
• Close collaboration with Tax Advisory, Tax Controversy and Finance teams on various projects and initiatives.
• Assist with legal entity tax provisions reported in US GAAP and US STAT financial statements, as needed.
• Support U.S. Tax Directors in the preparation of the annual tax return for significant transaction activity.
• Ability to utilize and optimize tax provision software and workflow tools for financial close process enhancement and project management.
• Research US GAAP pronouncements, U.S. STAT issues, tax technical issues, industry issues and peer companies to enhance AIG’s financial reporting capabilities, and draft tax accounting related memos.
• Continuously monitor tax accounting implications of global tax law changes and assist in the interpretation of Corporate Alternative Minimum Tax guidance and OECD Pillar Two reporting, as needed.
• Manage intercompany cash tax settlements for the AIG Consolidated U.S. tax group, including review of calculations and review of tax share agreements with Tax Advisory and Tax Directors.
• Ad hoc support for special projects and initiatives.

What you’ll need to succeed

Required Qualifications

• Bachelor’s Degree in Accounting, MST / CPA preferred.
• Fluent English.

Key Experience

• At least 5+ years’ experience in tax accounting and financial reporting in a large corporation or public accounting firm.
• Experience advising on complex tax accounting and technical issues.
• Experience in collaborating with other Tax and Finance areas and ability to work together as part of a team toward a common objective.
• Experience of operating at a management level.

Key Capabilities

• Knowledge and experience with ASC 740 and tax accounting under US GAAP requirements.
• Knowledge of U.S. insurance statutory reporting a plus.
• Knowledge of corporate taxation and of the end to end tax cycle.
• Experience in navigating the financial close process.
• Strong MS Excel skills.
• Strong financial and operational acumen.
• A good communicator, with the ability to explain issues in a simple and concise manner, both orally and in writing.
• Excellent interpersonal skills including the ability to work with professionals from varying backgrounds and cultures.
• Resilient and driven.
• Ability to work as part of a team, build relationships and collaborate towards a common objective.
• Attention to detail.
• Experience with OneSource Tax Provision software a plus.
• Flexible and motivated personality.
• Innovative and always looking for continuous improvement.

Ready to take your career to the next level? We would love to hear from you.

Veterans are encouraged to apply.

The base salary range is $105,000 - $148,000.00, and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan.

In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here :

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Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you.

That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security as well as your professional development to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks.

It is an exciting time to join us across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers.

At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential.

We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of belonging

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals.

We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs).

With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

Functional Area : FA - Finance

FA - Finance

Estimated Travel Percentage (%) : No Travel

Relocation Provided : No

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