Financial Analyst - Tax (Open to hiring Sr. Financial Analyst)

Company Description

Why Wellmark? 

We are a mutual insurance company owned by our policy holders across Iowa and South Dakota, and we’ve built our reputation on over 80 years’ worth of trust. We are not motivated by profits. We are motivated by the well-being of our friends, family, and neighbors–our members. If you’re passionate about joining an organization working hard to put its members first, to provide best-in-class service, and one that is committed to sustainability and innovation, consider applying today! 

Learn more about our unique benefit offerings here. 

Want to know more? You can learn about life at Wellmark here.

Job Description

Contribute to the achievement of corporate and team objectives by utilizing accounting, technology, and research skills to efficiently calculate, process, and analyze tax provisions and tax returns. Responsible for monthly and quarterly tax computations, related disclosures and the preparation of tax returns including federal, state, and non-income tax returns.

Qualifications

Required:

• Bachelor’s degree in Accounting.
• Minimum of 1 year of experience in Accounting/Finance, including internships.
• Knowledge and understanding of GAAP and federal income tax rules for corporations.
• Certified Public Accountant (CPA) exam eligible.
• Demonstrates effective verbal and written communication skills, with the ability to collaborate and build effective relationships.
• Strong technical acumen, with demonstrated experience in Microsoft Office applications, including Copilot, and the ability to learn new processes quickly.
• Strong intellectual curiosity and a general drive for continuous learning and growth.
• Demonstrated ability to work under pressure to meet timeliness and accuracy guidelines and actively protect confidential information and data.
• Ability to work independently and cooperatively on teams, maintaining positive relations with customers.
• Strong attention to detail.
• Demonstrates analytical and research skills, including ability to recognize inconsistencies and come to a conclusion.

Preferred:

• Knowledge and understanding of Statutory accounting rules for insurance companies.

Additional Information

Job Responsibilities 

a. Compile, document, and explain the details of differences between book and taxable income.

b. Prepare premium tax returns, analyze, and report the data.

c. Calculate monthly, quarterly, and annual tax computations with direction, as assigned.

d. Prepare federal and state income tax returns, along with other non-income tax returns by compiling data, completing analyses, and submitting for additional review.

e. Prepare and/or create error free documents and materials in a timely manner for internal/external communications, which may include creating spreadsheets and drafting technical memos.

f. Maintain historical files of tax documents by topic.

g. Provide information as needed for Wellsox and for financial reporting.

h. Ensure compliance with tax regulatory requirements and disclosures by proactively researching and following regulatory guidelines.

i. Perform comprehensive research projects and special projects to improve work process efficiency.

j. Other duties as assigned.

An Equal Opportunity Employer

The policy of Wellmark Blue Cross Blue Shield is to recruit, hire, train and promote individuals in all job classifications without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, gender identity or any other characteristic protected by law.

Applicants requiring a reasonable accommodation due to a disability at any stage of the employment application process should contact us at [email protected]

Please inform us if you meet the definition of a "Covered DoD official".

At this time, Wellmark is not considering applicants for this position that require any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but IS NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please refer to the following resources:Nonimmigrant Workers and Green Card for Employment-Based Immigrants 

Wellmark supports and expects the responsible use of AI for our workforce! We welcome the responsible use of these tools by job seekers as well and are interested in learning from you; you will have an opportunity in the application process to share which tools you used and how you applied them.