Tax Associate

As a Tax Associate at Privia Health, you will have a diverse range of responsibilities. You will assist in preparing corporate income tax returns and manage the delivery of partnership-related income tax returns, including K-1 distribution. Additionally, you'll support the month-end close procedures, draft response letters to IRS notices, and prepare various other tax returns. Additionally, you will participate in audits, tax research, and continuous improvement initiatives to optimize processes within the Tax Department.

To qualify for the Tax Associate position at Privia Health, you need a minimum of 1 year of public or corporate tax experience. While a Certified Public Accountant (CPA) credential or being CPA eligible is preferred, it's not mandatory. Experience within the healthcare or public company sector is a significant plus. Strong problem-solving skills, excellent communication abilities, and the capacity to work well both independently and collaboratively are also essential for this role.

The Tax Associate plays a crucial role in achieving the goals of the Tax Department at Privia Health by ensuring timely and accurate tax return preparation and compliance with SOX-related policies. By contributing to various tax-related projects and initiatives, you will help mitigate risks and promote operational efficiency. Your presence will also support cross-functional collaborations to foster an efficient workspace, ultimately leading to better financial oversight and compliance.

At Privia Health, the work culture is dynamic, inclusive, and focused on personal and professional growth. As a remote worker in the Tax Associate position, you'll experience a supportive environment that encourages collaboration while allowing the flexibility to manage your own workload. Privia values diverse perspectives and backgrounds, aiming to create a team that reflects the communities it serves. This commitment to creating a welcoming atmosphere maximizes employee engagement and dedication.

As a Tax Associate at Privia Health, you can look forward to a competitive salary in the range of $70,000 to $80,000, along with an annual bonus of about 15%. You will also benefit from a comprehensive package that includes medical, dental, vision, and life insurance, a 401K plan, paid time off, and various wellness programs. Additionally, eligibility for expense reimbursement due to remote work setup highlights Privia’s commitment to ensuring your comfort and productivity.

When discussing your experience with corporate income tax returns, be specific about the types of returns you have prepared and your understanding of relevant tax laws. Highlight any software or systems (like Microsoft Dynamics) you have used to facilitate this process and discuss your involvement in ensuring compliance and accuracy in your submissions.

To effectively handle tight deadlines in a tax environment, share your strategies for organization and prioritization. Discuss specific tools or techniques you use to manage your time, such as creating task lists or using project management software. Emphasize your ability to communicate with peers about workload and collaborate to meet shared deadlines.

When preparing for an internal audit, describe how you gather necessary documentation, review compliance with internal policies, and ensure all records are up to date. Discuss how you proactively identify potential issues and your approach to addressing them by collaborating with team members and ensuring that all relevant data is easily accessible.

Think of an instance when you recognized an inefficiency in a tax operation. Share what the issue was, how you approached it, and the solution you implemented. Highlight the positive impact this made, such as improved accuracy, reduced processing time, or enhanced collaboration.

Understanding SOX compliance is essential for maintaining the integrity of financial reporting. Discuss your knowledge of the Sarbanes-Oxley Act and how its regulations apply to tax processes. Emphasize your experience in ensuring compliance by participating in audits and implementing necessary internal controls within the tax department.

Choose a specific tax-related challenge you encountered, such as an IRS notice or complicated tax return scenario. Explain the steps you took to analyze the issue, gather information, and develop a resourceful solution. Sharing how you collaborated with others or sought expert advice can also showcase your problem-solving skills.

Discuss the resources you utilize to remain informed about tax laws, such as attending webinars, participating in professional groups, subscribing to relevant publications, or taking continuing education courses. Highlight the importance of staying current in the ever-changing tax landscape and how you apply this knowledge in your work.

An effective Tax Associate must be detail-oriented, analytical, and possess strong communication skills. You'll want to emphasize the ability to work well under pressure, collaborate with various teams, and maintain a strong ethical standard in all endeavors while being adaptable to changes in tax regulations.

When answering this question, provide examples of how you have previously engaged with colleagues from different departments, particularly how you ensured that tax information was communicated effectively. Explain the importance of their input in tax compliance and how building strong relationships fosters better understanding and smoother processes.

Mention specific tax-related software you've used, such as big ERP systems or tax preparation tools. Discuss your proficiency with these programs and how they helped streamline processes, improve accuracy, or enhance collaborative efforts within the tax department.