Tax and Compliance Manager
Washington, DC 
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Posted 2 days ago
Job Description

Who we are:

The Association of American Medical Colleges is a not-for-profit association dedicated to transforming health care by supporting the entire spectrum of medical education, medical research, patient care, and community collaborations conducted by our member institutions. We are dedicated to the communities we serve and steadfast in our goal to improve the health of people everywhere. The AAMC strives to make a positive impact not only in your career, but in your life. We offer a comprehensive benefits package which features:

* Significant employer 403(b) contribution
* Public transportation subsidy
* Generous paid time off program
* Tuition reimbursement
* Wellness program

Why us, why now?

We are looking for a tax and compliance expert with sound accounting experience to oversee, manage and advance the maturity of the corporate tax and compliance programs. The Tax and Compliance Manager will prepare and develop a corporate wide program to ensure compliance with domestic and international tax and compliance law and regulations. They will monitor current and impending changes to tax and compliance regulation and make the appropriate updates to policies and strategies.

The ideal candidate is a team player who manages the tax and compliance activities to greater performance, creates and implements tax and compliance plans and works with the accounting and leadership teams to identify opportunities for process improvement and potential areas of risk.

You will be part of the management team working with the Accounting Manager, Controller, Financial Planning and Analysis Director to support the activities and responsibilities of CFO.

How will you make an impact?

Tax Risk Program and Management

* Develop, implement, and executes strategic tax planning for all tax risk exposures.

* Manage and facilitate corporate tax audits: preparing responses, creating schedules, etc.

* Monitor legislative and regulatory tax law developments, communicate the effects of these developments to management including cross functional leaders and team members to create strategies to capitalize on changes to taxation legislation.

Tax Planning

* Document and maintain a list of tax planning ideas, including international tax.

* Find and implement opportunities for process improvement in company tax procedures.

* Plan for and develop overall return calendar and coordinate timing and inputs.

* Maintain effective control procedures over all aspects of the tax process.

Tax Filing

* Prepare and manage the preparation and review company federal tax returns and the accurate, timely filing of all tax forms.

* Ensure accurate, timely filing of consolidated federal, state, and local income tax returns and other business-related filings. Forms include 990, 990-T, 5500's and others.

* Prepare and manage with various teams and staff members, the components of the company's US federal income tax return and other tax

documents.

* Review tax returns and quarterly/yearly tax projections.

* Support the payroll team with compliance of state and local employment tax requirements.

* Support the compliance with corporate sales tax, state sales tax license and tax exemption requirements and all other related tax compliance items.

* Support the compliance of retirement and benefit plan tax filings.

Tax Provision

* Develop and maintain standard provision check list.

* Use accounting and budget meetings to get an understanding of new, emerging, or potential tax issues.

* Evaluate and prepare Fin 48 to analyze and disclose income tax risks.

Regulatory requirements - Federal, State and Local

* Maintain effective procedures over all aspects of the financial, tax, and regulatory compliance processes.

* Track regulatory changes to determine implications to financial activities.

* Monitor legislative and regulatory tax law developments, communicate the effects of these developments to management and the tax team and

Accounting Standards - GAAP and IRS Requirements

* Co-manage with Accounting Manager the compliance with accounting standards.

* Review and research new or emerging accounting pronouncements

* Annually review and evaluate the accounting policies and procedures.

* Review and evaluate the transition of accounting policies to team procedures.

Internal Controls

* Co-manage with Accounting Manager the effective control procedures over all aspects of financial process.

* Evaluate authorizations, segregation of duties, and workflow processes.

* Properly document all internal controls and evaluate effectiveness.

* Work closely with internal audit to evaluate and implement internal controls and best practices.

Internal and External Financial Reports

* Monitor, prepare and participate in completing internal and external reporting requirements.

* Compliance with annual and charitable reporting requirements

* Monitor and prepare reports for rating agency reviews, including corporate and bond covenants.

* Support and monitor lobbying requirements, census and regulatory reporting, and insurance renewals.

Support Financial Activities

* Develop a working knowledge of system integrations and workflow processing of financial transactions from business activities.

* Work closely with internal financial teams, legal teams, and external service providers to establish and support roles and guidance of tax and compliance requirements.

* Support the financial activities for potential mergers and acquisition of entities.

* Participate in external financial reports, finance process improvement, development of accounting policies, data model with metrics and KPI's, and internal controls.

* Understanding of closing activities and work with Accounting Manager and Controller to evaluate process, technology, and transformational improvements.

* Support compliance with the single audit of federal awards and related indirect cost proposal

Required Qualifications

* CPA license and or Tax Certifications

* Extensive corporate tax and compliance knowledge

* A minimum of 8 years of progressive financial, accounting, and audit experience

* 3 to 5 years related to tax and compliance experience.

*1-3 years of supervisory or program ownership

* Strong tax, compliance, accounting, analytical, and research skills.

* Excellent written and oral communication skills.

* Familiarity with U.S. federal, state and local reporting requirements. International is a plus.

* Familiarity with GAAP, IRS, and Audit requirements.

* Strong ability to utilize project management and accounting best practices to organize and prioritize tasks and the tasks of other team members.

* Ability to manage and mentor members of the finance team regarding tax and compliance requirements to greater levels of effectiveness and engagement.

* Strong organizational and interpersonal skills.

* Strong skills and experience with Microsoft Office Suite (Excel-including Pivot Tables, PowerPoint, Word), Outlook, SharePoint, Teams

* Familiarity with Workday Financials and Avalara Tax or similar software

* Bachelor's degree in accounting from a four-year accredited college or university and or master's degree in taxation

Remote Work Eligibility

This position is eligible for remote work in the contiguous US

Compensation Grade Range and Mid-Point

Grade Range:$93,500.00 - $173,700.00/ Grade Mid-Point:$133,600.00

The above annual compensation range and mid-point are general guidelines. For candidates who meet the criteria, the AAMC's compensation philosophy is to target the midpoint of the salary range. Multiple factors are taken into consideration to arrive at the final hourly rate/annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate's work experience, education and training, as well as internal equity, market, and business considerations.

If a bachelor's degree is required, related work experience may be substituted in some positions. One year of college course work at an accredited institution is equivalent to one year of related work experience.

The Association of American Medical Colleges (AAMC) is an Equal Opportunity/Affirmative Action Employer. The AAMC is committed to the policy of an equal employment opportunity in recruitment, hiring, career advancement, and all other personnel practices. The AAMC will not discriminate on the basis of race, color, sex, national origin, religion, age, marital status, personal appearance, sexual orientation, gender identity or expression, family responsibilities, matriculation, political affiliation, genetic information, disability, past or current military service, or any other legally protected characteristic.

Please attach a resume as part of the application process. It is important that files DO NOT include periods ( . ) within the file name.

BROWSER REQUIREMENTS: Applications must be submitted using Chrome, Mozilla Firefox, Safari, orMicrosoft Edge.

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
3 to 8 years
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