Snapshot and Years of Experience

Jessie has 24 years of tax experience in tax accounting, tax compliance, controversy, and special projects. Jessie has worked with a variety of industries, including as Director of Big 4 public accounting and Director of Tax at a Fortune 200 multinational corporation.

Tax Accounting

• Managed all aspects of the GAAP and IFRS quarterly and annual US tax provision 
• Prepared and reviewed current and deferred tax provision, including tax accounting entries, effective tax rate reconciliations, deliverables to financial accounting teams, tax footnote disclosures, balance sheet proof analyses for deferred taxes, taxes payable, provision-to-return analyses, and tracking of Federal, state and international tax attributes for deferred tax reporting
• Management of all aspects of ASC 740-10, including evaluation, categorization, and measurement of uncertain tax positions and valuation allowance documentation and analysis
• Prepared carve-out reporting for multinational corporations 
• Developed, prepared, and reviewed documentation for compliance with Sarbanes-Oxley, including preparation of a revised assessment of the control environment, updated flow-charting of the tax function, and improved process documentation

Tax Compliance & Controversy

• Prepared and reviewed U.S. Federal consolidated and state tax returns for multinational corporations, including extensions, estimates, elections, and disclosures
• Consulted on consolidated return regulations, including: Insurance Companies for life and non-life consulted returns, attribute utilization, and carryback implications
• Improved the documentation of the technical tax matters to substantiate filing positions taken on tax returns and to support the IRS audit
• Created process improvements to streamline the preparation, accelerate the timeline, and mitigate and manage income tax risk
• Managed the state controversy process to defend and support the state tax filing positions through the audit and appeals process in California

Tax Planning

• Prepared the analysis of the implication of the 2017 Tax Cuts and Jobs Act, including the GILTI and BEAT assessments, alternative minimum tax credits, and various nuances of the act related to compensation and benefits to ensure technical compliance and accuracy
• Assisted with the analysis of international considerations of cross-border transactions, indefinite reinvestment assertions, and structure considerations
• Assisted with planning and substantiation of various tax credits, including: Research and Development Credits, Foreign Tax Credit, California Manufacturer’s Credit, Massachusetts Investment Tax Credit, and Alternative Minimum Tax Credit
• Analyzed and documented tax planning options based on the implications of the Treasury’s “Green Book” for 2021 and future years considerations
• Presented at Blue Cross and Blue Shield Western States Tax Conference for three years, led multiple internal trainings
• Prepared and reviewed captive insurance arrangements and returns