VP, Tax

About the Company
 

Vantage Group Holdings Ltd. (Vantage) was established in late 2020 as a re/insurance partner designed for the future. Driven by relentless curiosity, our team of trusted experts provides a fresh perspective on our clients’ risks. We add creativity to tech-enabled efficiency and robust analytics to address risks others avoid. Vantage provides specialty re/insurance through its operating subsidiaries in Bermuda and the U.S.
 

Vantage has approximately 365 colleagues in both the United States and Bermuda. We have offices in Chicago, IL, Norwalk, CT, West Hartford, CT, Washington, DC, Boston, MA, New York, NY, Atlanta, GA and Hamilton, Bermuda. Additionally, we are a highly geographically diverse workforce with colleagues based in 35 states and counting. We fully support work flexibility including remote and hybrid work arrangements.

About the role:

At Vantage, the Vice President of Tax, reporting to the Chief Accounting Officer, is responsible for leading the organization's tax strategy and compliance efforts. This role entails managing the preparation and review of complex federal, state, and local tax returns, ensuring adherence to regulatory requirements and accounting standards. The VP of Tax will oversee tax planning, research significant legislative developments, and guide the organization through audits and international tax issues. With a strong emphasis on leadership and collaboration, this position plays a crucial role in optimizing tax efficiencies and supporting the company's financial objectives.

The base salary expectation for this role is between $190,000 and $210,000. Actual base salary for the selected candidate may be higher commensurate with candidate experience and expectations. Additionally, Vantage offers its colleagues performance-based bonus potential, strong health & welfare benefits, retirement plans with company match, competitive time off plans, a highly flexible work environment, and much more.

Responsibilities & Accountabilities:

• Lead the organization and coordination of tax data to ensure the accurate and timely completion of all business and regulatory tax returns and tax accounting tasks.
• Oversee the preparation and review of complex federal, state, and local income and premium tax returns, as well as tax reserves and supporting workpapers.
• Develop and maintain relationships with internal business partners (Legal & Compliance, Talent, GAAP & STAT Accounting, Treasury, etc.).
• Develop and maintain relationships with Parent Company business partners (Tax & GAAP Accounting).
• Lead the global tax planning strategy to align with group needs.
• Develop and maintain relationships with external advisors and consultants.
• Oversee Form 1099 preparation and execution process. 
• Direct the preparation of the quarterly federal tax provision based on SAP and GAAP, including calculations for current income tax expense, federal tax payable, and deferred taxes.
• Manage the calculation and review of quarterly tax accruals, including sales and use tax, income and franchise taxes, premium and municipal taxes, and other above-the-line taxes.
• Ensure the accuracy and completeness of monthly, quarterly, and annual compliance filings.
• Oversee the maintenance and preparation of quarterly, and annual account reconciliations for selected tax accounts.
• Conduct detailed and complex calculations such as loss reserve discounting, fixed asset depreciation, investment income, and state income tax apportionment.
• Lead tax research initiatives on recent developments and significant legislation that may affect the company and its affiliates.
• Maintain a deep understanding of SAP and GAAP accounting practices and procedures as they relate to tax.
• Manage the gathering and execution of document requisitions during financial and regulatory audits at federal, state, and local levels.
• Develop and update comprehensive process and procedure manuals for all responsibilities.
• Oversee international tax issues and transfer pricing strategies.

Ideal Candidate Profile:

• Bachelor's degree in Accounting or equivalent professional experience; CPA designation is strongly preferred.
• Extensive experience in P&C insurance is required.
• A minimum of 8-10 years of tax experience in a public accounting firm or corporate tax environment.
• Demonstrated leadership as a self-starter with the ability to work independently and manage teams effectively.
• Proven track record of managing multiple tasks and adapting to changing priorities.
• Ability to perform under strict deadlines in a fast-paced, team-oriented environment.
• Exceptional oral, written, presentation, and interpersonal skills.
• Ability to collaborate across multiple departments and locations.

Vantage Values

Do What’s Right – be a force for good, for our customers, shareholders, colleagues, industry and communities.
Be Relentlessly Curious – ask questions, listen to understand, challenge the status quo, look for ways to say YES, drive innovation, be opportunistic and disciplined.
We’re Better Together – collaborate, be inclusive, supportive, respectful and humble, be a trusted partner internally and externally.
Be Transparent – in who you are, what you think, and how you work, seek and provide alternative points of view, be true to yourself.
Make A Difference – focus on impact, embrace technology, leverage data and analytics as critical assets, act intentionally to deliver on our mission.