Senior Tax Accountant
About The Position
The Art Institute of Chicago shares its singular collections with our city and the world. We collect, care for, and interpret works of art across time, cultures, geographies, and identities, centering the vision of artists and makers. We recognize that all art is made in a particular context, demanding continual, dynamic reconsideration in the present. We are a place of gathering; we foster the exchange of ideas and inspire an expansive, inclusive understanding of human creativity. BASIC FUNCTION: Oversees compliance with all aspects of the Institute's tax and compliance related filings and obligations, including Forms 990 and 990-T, state and local tax returns, state charitable filings, and governmental grant compliance requirements. Serves as the Institute's in-house tax resource.
Requirements
- Bachelor's degree in accounting, finance, business, or related field required.
- Minimum 3-5 years of tax experience gained in a major accounting firm, law firm, university or other non-profit organization required. Tax exempt experience required
- Demonstrated strong research skills and experience with the Internal Revenue Code and online regulatory or industry information services
- Excellent written and verbal communication skills
- Proficient in Microsoft Office (Excel, Word, and PowerPoint).
- Strong attention to detail with excellent analytical skills.
Nice To Haves
- Licensed Certified Public Accountant and/or advanced degree strongly preferred.
- higher education experience strongly preferred.
Responsibilities
- Monitors and ensures compliance with local, state, federal and international tax filing requirements. Directs the preparation of annual and on-going reporting to tax authorities, such as annual Form 990, and other federal, state, and local returns.
- Prepares and oversees all annual state charitable registration requirements for the Institute. Responds to on-going state registration questions and notices.
- Monitors state sales tax filing obligations; oversees the preparation and timely filing of sales tax returns.
- Monitors and advises the Controller on tax-related legislative developments impactful to the Institute's business.
- Works closely with the payroll and accounts payable departments on all employment-related tax issues, and taxability of payments to vendors and nonresidents.
- Liaisons with IRS, state and local government for any tax matters concerning the Institute.
- Calculates tax deductibility for sponsorships, special events, and memberships.
- Researches and provide direction on matters of tax compliance to other departments as needed, including review of contracts for potential tax consequences
- Writes Institute tax policies and procedures.
- Maintains relationship with the Institute's external tax service providers.
- Under the direction of the Director, Financial Reporting and Compliance, assists with grant compliance for federal, state and local awards. Researches other applicable compliance requirements as needed. Reviews government grant applications and reports.
- Maintains a compliance calendar for tax, grants, state registration, and other regulatory deadlines
- Works on other projects as requested by the Director, Financial Reporting and Compliance and the Controller.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Industry
Educational Services
