Licensing & Tax Analyst Job in Boston 02215
Today's healthcare industry -- dynamic and changing at a fast pace. Recruiting talented people can mean the difference between success or failure. At Blue Cross and Blue Shield of Massachusetts, our record of achievement represents a history of hiring the best people we can find, and then challenging them to excel. It's the kind of environment that enables us to give our best to the consumers we serve, and at the same time, work to the potential of those who work for us.
Blue Cross Blue Shield of Massachusetts is an Equal Opportunity Employment/Affirmative Action Employer. Applicants are considered for all positions without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, or any other characteristics protected by law.
Position Summary:
In this newly created position, the Analyst will play an important role in assisting BCBSMA in licensing and tax activities related to its Limited Liability Companies. By doing so, we are executing on various strategic investment initiatives intended to supplement core health insurance business with adjacent business opportunities. These LLC's face registration, licensing and taxation responsibilities both in their home state (Massachusetts) and other states. Working as a sole contributor reporting directly to the Tax Manager, the Licensing and Tax Analyst will ensure the LLC's, and their agents as applicable, obtain and maintain all required licenses and registrations on a timely basis. Current license/registration/tax needs include third-party administrator licenses, producer (seller) licenses, business registrations, franchise tax and excise tax returns.
Since requirements may vary considerably state-to-state the Analyst will need to research and maintain knowledge of various state requirements, interact with numerous internal business areas, as well as business venture partners, to gather company information for state-specific requests, and develop and maintain tracking and reporting tools to provide periodic, uniform feedback to internal stakeholders.
The Licensing and Tax Analyst will be the primary contact for interactions with various state agencies including state insurance departments, secretaries of state, and revenue departments to ensure compliance with state requirements. The Analyst will identify areas of financial risk, particularly with taxation matters, and seek to mitigate those risks.
Key Accountabilities:
- Ensure compliance with state licensing, business registration and tax requirements.
- Manage the process for obtaining initial and renewal licenses for various business ventures including third-party administrator and sales/marketing ventures.
- Develop tracking tools to monitor compliance and provide management with status of licensing/registration/tax compliance by organization, by state.
- Obtain guidance on new state licensing and tax policies and legislation, advise on the business impact of those changes and prepare forms and returns.
- Manage communications with state authorities.
- Assist with the process of identifying and assessing tax and other financial risks.
- Assist with state tax audits and mitigation of audit assessments.
- Bachelors of Science in Accounting highly preferred
- Minimum of three years experience in accounting, tax and/or audit
- Ability to deal effectively with state regulators
- Strong written and oral communication skills with ability to deliver presentations to business leaders
- Demonstrated project management skills
- Ability to effectively plan and organize business tasks
- High degree of initiative along with ability to act as a team player
- Results oriented with a strong willingness to get the job done
- Strong organizational and time management skills, including the ability to work independently and prioritize multiple projects and assignments
- High degree of professionalism and confidence along with the ability to effectively interact with numerous levels of an organization
- Strong PC and Microsoft Office skills