Senior Tax Accountant

Job Summary

The Office of Tax Compliance seeks a highly organized, motivated Senior Tax Accountant to perform a wide variety of tax compliance services for the University. The primary purpose of the Office of Tax Compliance is to maintain tax compliance and reporting for Drexel University, its subsidiaries, and related entities.

Essential Functions

• Communicate with University departments to gather information required for Drexel University and subsidiaries’ IRS Forms 990 and Forms 990-T.
• Prepare or review of IRS Form 990 and Form 990-T for Drexel University and its subsidiaries.
• Prepare or review of IRS Form 1120 and 1065 for Drexel University and related entities.
• Evaluate and perform analysis of certain university activities to determine any unrelated business income (UBI) impact and assure appropriate treatment on the University’s and subsidiaries 990-T. Provide advice to the University as required for proposed activities regarding unrelated business income and proper reporting.
• Prepare and file annual State Unrelated Business Income Tax Returns with various states.
• Prepare and file annual Charitable Registrations to Solicit Charitable Contributions for Drexel University and its subsidiaries to maintain compliance with State Charitable Solicitation Laws.
• Assist the International Tax Administrator with tax issues for nonresident alien faculty, students, and scholars.
• Tax Research regarding U.S. and international tax matters. Research and answer tax questions for faculty and staff.
• Respond and resolve notices from the IRS, state, and local tax authorities. Represent the University in tax audits.
• Work in collaboration with management to develop necessary policies, procedures, and reporting systems for Drexel University, its subsidiaries, and related entities to ensure federal, state, and local tax compliance.
• Review of Independent Contractor Determination Worksheets for compliance with IRS worker classification rules and make final determinations.
• Research and provide advice for the University regarding Sales and Use Tax issues for all states. Maintain Sales and Use Tax Exemptions in various states for Drexel University and its subsidiaries. Apply for Sales Tax Exemption renewals as required.
• Follow federal and state tax legislative developments and advises the University community accordingly.
• Serve on University committees and task forces as assigned.
• Review contracts and settlements for tax implications in conjunction with the Office of General Counsel.
• Must have the ability to communicate/coordinate progress on a regular basis to keep the Director, Tax apprised of the progress on all assignments and University issues.
• Monitor and maintain Tax Office Calendars to make sure all tax filings are filed in a timely manner.
• Extra hours required during tax season and may be required outside tax season to meet tax filing deadlines.
• Participate and assist in daily projects and special projects as needed by the Director, Tax.
• Complete other duties as assigned by management

Required Qualifications

• Bachelor’s Degree in Accounting, Finance, or related field
• 5 years of related experience in tax accounting, tax return preparation, and tax compliance
• Experience with Microsoft Office applications (Excel, Word, Outlook, and PowerPoint)
• Must have the ability to work independently with minimal supervision and manage multiple tasks in a fast-paced, deadline driven environment
• Must exhibit flexibility in prioritizing and completing tasks
• Must possess strong analytic, technical, decision making and problem-solving skills
• Must possess strong written and oral communication skills, and the ability to work successfully with management, faculty, staff, and students
• Ability to work with the IRS, various state and local tax authorities concerning tax matters
• Ability to research U.S. and international tax matters

Preferred Qualifications

• Master’s degree preferred
• Certified Public Accountant preferred or candidate for CPA certification
• Experience in non-profit area with higher education experience preferred
• Experience in preparing Forms 990, 990-T, 1120 and 1065 using CCH Axcess software is highly desirable
• Knowledge of nonresident alien tax reporting and compliance issues is desirable
• Knowledge of international tax issues is highly desirable
• Experience with C-TRAC Software Alternative Investment Module is highly desirable
• Experience with SCT Banner accounting system is highly desirable

Physical Demands

• Typically sitting at a desk/table

Location

Remote, Philadelphia, PA

Additional Information

This position is classified as Exempt with a salary grade of M. For more information regarding Drexel’s Professional Staff salary structure, https://drexel.edu/hr/career/ducomp/salstructure/

Special Instructions to the Applicant

Please make sure you upload your CV/resume and cover letter when submitting your application.

Review of applicants will begin once a suitable candidate pool is identified.

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Advertised:Jan 3 2023 Eastern Standard Time
Applications close:Feb 4 2023 Eastern Standard Time