FVP, Corporate Tax

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.

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

• 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

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.