PENNYMAC:
Pennymac is (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.
S.
mortgage loans and the management of investments related to the U.
S.
mortgage market.
At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture.
Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey.
A Typical Day:
The First Vice President Corporate Tax will work with the head of the Tax Department to oversee federal and state compliance and tax provisions for two public companies.
As the FVP Tax, you will direct the internal tax team and orchestrate the activities of external professionals as needed to ensure compliance with tax regulations in an accurate and timely fashion.
The First VP Corporate Tax will:
Review monthly tax provisions and quarterly tax footnotes and tax disclosures for 10-Qs / 10-K
Oversee the preparation and review of federal, state, and local income and non-income tax returns (and supporting work papers) including estimates and extensions
Prepare and/or review computation of book tax differences, supporting work papers, account reconciliations and documentation
Direct the gathering of information for MSR, REMIC and loan tax computations, state apportionment, state tax adjustments, and other information needed for returns and provisions
Assist with Federal & state income tax audits, including response to IDRs, analysis of proposed adjustments, refund claims and resolution of notices
Research federal and state tax issues and participate in the development of ongoing tax strategies in order to minimize tax liabilities and the companies’ effective tax rates
Perform other related duties as required and assigned
Demonstrate behaviors which are aligned with the organization’s desired culture and values
What You’ll Bring:
Strong experience in corporate income tax return preparation in a multi-state environment
Strong experience with Tax Preparation
Excellent knowledge and experience with corporate tax strategies, contracts and compliance
Experience with and knowledge of ASC 740 and SEC reporting (as it relates to tax)
Experience with REIT helpful
Excellent Microsoft Office computer skills, including Excel & Word
Why You Should Join:
As one of the top mortgage lenders in the country, Pennymac has helped over 4 million lifetime homeowners achieve and sustain their aspirations of home.
Our vision is to be the most trusted partner for home.
Together, 4,000 Pennymac team members across the country are guided by our core values: to be Accountable, Reliable and Ethical in all that we do.
Pennymac is committed to conducting a business that makes positive contributions and promotes long-term sustainable growth and to fostering an equitable and inclusive environment, where all employees and customers feel valued, respected and supported.
Benefits That Bring It Home: Whether you're looking for flexible benefits for today, setting up short-term goals for tomorrow, or planning for long-term success and retirement, Pennymac's benefits have you covered.
Some key benefits include:
Comprehensive Medical, Dental, and Vision
Paid Time Off Programs including vacation, holidays, illness, and parental leave
Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
Retirement benefits, life insurance, 401k match, and tuition reimbursement
Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships
To learn more about our benefits visit:
https://pennymacnews.
page.
link/benefits
Compensation: Individual salary may vary based on multiple factors including specific role, geographic location / market data, and skills and experience as defined below:
Lower in range - Building skills and experience in the role
Mid-range - Experience and skills align with proficiency in the role
Higher in range - Experience and skills add value above typical requirements of the role
Some roles may be eligible for performance-based compensation and/or stock-based incentives awarded to employees based on company and individual performance.
Salary: $110,000 - $170,000 Work Model: OFFICE