Director, Investments Tax (Charlotte, NC (Hybrid) or Remote)

Where you’ll work:

Our flexible, hybrid work model offers the option to work remotely or in the office.

How you’ll contribute:

As an Investment Tax Director, you’ll be responsible for all aspects of tax accounting and compliance with respect to the Company’s investment portfolio. The Company invests domestically and internationally in a wide array of asset classes in its General Account as well as Separately Managed Accounts, including, but not limited to, real estate, derivatives, mortgages, securities, REMIC, private equity, and joint venture partnership investments. This position will report into the Leader, Income Tax Accounting, Reporting and Compliance.

In this role, you’ll get to:

• Review and/or prepare book to tax adjustment calculations for the Company’s investments for financial statement close and in connection with preparation of the Company’s federal and state income tax returns.
• Actively participate in the preparation of the Company’s federal income tax return, including but not limited to, review and/or preparation of forms relating to investments activity (e.g., Form 8621, Form 8949, Schedule D, etc.), return to provision, and tax basis balance sheets.
• Maintain tax basis balance sheets/tax basis calculations with respect to the Company’s investments. This will include annual validation of tax basis in bonds, stocks, partnerships, REMICs and other investments and maintenance of appropriate documentation.
• Perform tax technical research and evaluate impact of investments transactions (e.g., new derivatives, exchanges, etc.). Communicate findings to impacted stakeholders.
• Support tax review of new investments (e.g., review of side letters and partnership agreements, etc).
• Maintain control environment and ensure compliance with SOX requirements with respect to Investments tax accounting and compliance.
• Participate in or lead adhoc projects within and outside of Tax (e.g., Funding Agreement Backed Notes Issuances, tax process improvements, etc.). 
• Identify, manage, and document FIN 48 Uncertain Tax Positions related to investments, including technical and quantitative analysis, advice, and reporting.
• Support tax audits, as needed, including preparation and/or review of responses to audit requests.
• Support tax planning including identification, analysis, and implementation of tax planning strategies.
• Support tax advocacy though participation in ACLI and other trade organizations, as appropriate.
• Collaborate with Investment Operations and Investment Accounting teams, as necessary, to provide relevant tax support, to ensure tax data needs are met and/or to communicate significant tax developments which may impact Investment Operations and Investment Accounting processes/procedures.

  We’re looking for people who have:

• CPA (preferred).
• Master’s degree in Tax or Accounting (preferred).
• 8 -12 years of investment tax experience at a life insurance or financial services company or at a nationally recognized accounting firm, or a combination thereof.
• Technical acumen and experience in life insurance tax compliance and tax accounting (i.e., Form 1120L, ASC 740, SSAP 101).
• In depth knowledge and understanding of US GAAP and tax accounting principles as related to investments, including experience with FAS 115 and 133 and Internal Revenue Code and related regulations, IRS guidance and case law.
• Understanding of diverse domestic and international asset types, including derivatives, PFICs, RICs, REITs, REMICs, private equity, mortgages, debt and equity securities, and joint venture partnerships.
• Proficient with Microsoft Excel, Access, Word, and PowerPoint.
• Alteryx expertise helpful, but not required.
• Experience using CorpTax, investment accounting systems (PAM for Investments) and general ledger systems (SAP).
• Strong communication skills, both oral and written.
• Strong accounting, analytical, and tax technical research skills.
• Ability to manage issues and projects across Tax and business partners.
• Ability to clearly communicate complex financial and process-related information to management.
• Ability to manage multiple complex tasks towards completion at the same time.

Leadership Competencies:

• Thinks Strategically - Sets direction aligned to the company’s strategy, applying external and global perspective to meet local and global needs.
• Motivates People - Gains people commitment to achieve business objectives through clear communication of the company’s vision and flexing leadership styles to inspire high performance.
• Creates Partnerships - Authentically builds trusted relationships and collaborates across global, diverse and multi-functional teams to successfully drive business objectives.
• Seizes Opportunity - Seeks new opportunities and ways to create balanced business growth while improving operational capabilities.
• Grows Talent - Inclusively and pro-actively develops talent, empowers individuals and manages diverse teams to drive engagement and performance.
• Models our Values - Creates a culture that promotes the company’s values and standards through role modeling, accountability and ownership of decisions.
• Focuses on Customers - Promotes customer centricity and ensures focus on creating great customer experiences to achieve competitive advantage.
• Drives Results - Sets aggressive goals and is accountable for continuously driving improved performance, leading change and ensuring high standards.

Research shows some people may not apply for a role if they don’t check all the boxes of a job description. If you don’t check every box listed, that’s okay. We would love to hear from you.

What you’ll receive:

• Compensation –  Base salary ranging from $160,000 to $185,000 plus competitive performance-based incentives determined by company and individual results.
• Flexible Work Environment –  Work remotely or in the office to better thrive in all areas of life.
• Paid Time Off – Recharge with a minimum of 20 days of paid time off and 16 paid company holidays per calendar year plus paid volunteer time and paid study time.
• Financial Health –  Work toward achieving your financial goals through our 401(k) savings plan with company match (up to 6%) and annual company nondiscretionary contribution (3%), and financial counseling services.
• Health and Wellness –  Enjoy competitive medical, vision, and dental plans plus tax-free health savings accounts with potential company contributions up to $1,000 per family.
• Family Support –  Care for loved ones with up to 16 weeks of paid leave for new parents, back-up dependent care, dependent care flexible spending account, and up to a $25,000 lifetime maximum during your adoption, infertility, or surrogacy journey.
• Life and Disability Support – Gain access to company-paid basic life insurance and short-term disability insurance.

The company and your department may occasionally gather in person throughout the year to foster a culture of belonging and promote team building. We’d love for you to join us during those company-wide and department-wide events to help you strengthen connections across the company.

Why join us?

Brighthouse Financial is on a mission to help people achieve financial security. Our company is one of the largest providers of annuities and life insurance in the U.S.,* and we specialize in products designed to help people protect what they’ve earned and ensure it lasts.

We empower employees to collaborate, bring their passion to work, and make an impact. Our inclusive work environment fosters a culture that celebrates diverse backgrounds and experiences. You can find out more about our company culture by visiting brighthousefinancial.com/about-us/careers/.

We’re one of the largest providers of annuities and life insurance in the U.S.,* and our commitment to being a great place to work has earned us recognition as one of the Healthiest Employers of Greater Charlotte.

*Ranked by 2025 admitted assets. Best’s Review®: Top 200 U.S. Life/Health Insurers. AM Best, 2026.