Title:

Tax Accountant

Job Code:

10638

Work Location:

Flexible

Summary: Explain the role and its contribution within the organization within four sentences.

The Tax Account will assist the Tax Reporting and Compliance team in overseeing tax compliance for the University of Chicago Medicine. This position will be responsible for ensuring payroll sales and use property tax and 1099/1042 information reporting compliance with the federal/state/local tax laws including filing of returns for not-for-profits taxable C-corporations partnerships and international tax filings. The individual will work closely with the Strategic Tax Reporting and Compliance leadership to plan and maintain an efficient/timely compliance process reduce overall tax risk and ensure the delivery of high-quality services to UChicago Medicine and its affiliates. The position will research tax laws and regulations and document and communicate their impact broadly to the organization. This person will be a key tax consultant for affiliates and play a critical role in maintaining/establishing strong relationships with them.

Primary Job Functions: List primary duties the role performs in increments of no less than 10%.

%

State Payroll Tax Compliance and Monitoring

Research and document compliance with state laws specific to remote work

Prepare new registrations for state tax compliance for remote workforce

Monitor payroll rosters and liaise with HR for potential new hires in states not currently registered for payroll

Provide internal tax support and manage open cases with external payroll tax preparers

Provide tax support to payroll department on state tax issues.

60%

Sales and Use Tax

Review Illinois and Indiana sales and use tax returns for: Not-for-profits taxable C-corporations and partnerships related to hospital operations.

Assist accounts payable and payroll in the review of annual information return filings (1099) and IRS inquiries/compliance checks.

Gather and review 1099s received by UCM and related entities.

Prepare W-9s and review W-8s other FATCA compliance forms.

10%

IRS 1099/1042 Information Reporting

Review Illinois and Indiana sales and use tax returns for: Not-for-profits taxable C-corporations and partnerships related to hospital operations.

Assist accounts payable and payroll in the review of annual information return filings (1099 & 1042) and IRS inquiries/compliance checks.

Gather and review 1099s received by UCM and related entities.

Prepare W-9s and review W-8s other FATCA compliance forms.

10%

Tax Credits and Incentives Research/Projects

Provide periodic financial statement reporting for New Markets Tax Credits projects

Research and interpret tax issues document and communicate findings.

Identify areas of opportunity and recommend procedures processes and instructions to create efficient and aligned work.

Perform other duties as assigned.

10%

Property Taxes

Process periodic GL entries to account for tax receivables/payables and accrued property taxes.

Work closely with Legal and UCM facilities to ensure property taxes are paid on time

Track refunds related to certificates of error and new property tax exemptions

Assist in the preparation of new property tax exemption applications and annual property tax renewal submissions.

5%

Performs other duties as assigned.

5%

Knowledge Skills Abilities and Other Work Requirements

Qualifications:

Bachelors degree in accounting taxation or related field from an accredited college or university.

2 years of work experience preferable at least 1 year in accounting and/or taxes (includes internships)

Knowledge of Generally Accepted Accounting Principles (GAAP).

Advanced computer skills required including Microsoft Office (Word Excel PowerPoint).

Excellent written and oral communication skills are essential.

Logical clear thinking and independence is crucial.

License or Certifications: CPA or CFA certification is preferred but not required

Skills:

Strong understanding of generally accepted accounting principles and concepts

Familiarity with relevant regulations and compliance requirements.

Ability to manage several high priority assignments / task to completion

Proficiency in financial analysis reporting tools use of excel and other analytical tools.

Excellent analytical and problem-solving skills ability to work independently and as a team to solve problems and raise issues and drive continuous improvement

Attention to detail and ability to work accurately under tight deadlines.

Effective communication and interpersonal skills.

Advanced computer skills required including knowledge and proficiency with spreadsheet and database programs.

Knowledge of large scale complex Enterprise Resource Planning (ERP) systems and the impacts of how transactions flow

Strong quantitative and qualitative analysis skills; able to take complex information and present it in a clear and concise manner.

Excellent written and oral communication skills are essential and be able to articulate issues in a precise substantive manner.

Able to work independently in a matrix organization and our teams including the ability to execute through others to achieve business results.

Specific Departmental Requirements

Department Name

Cost Center

Reports to

Specific Departmental Accountability

Specific Additional Certifications

System Controller Ofc

13200

Executive Director System Controller

Tax

STATEMENT OF OTHER DUTIES

This document describes the major duties responsibilities and authorities of this job and is not intended to be a complete list of all tasks and functions. It should be understood therefore that incumbents may be asked to perform job-related duties beyond those explicitly described.

All employees are required to familiarize themselves and continually comply with all federal and state health care laws regulations and rules (including Medicare and Medicaid billing requirements which are applicable to the employees job duties). Any employee who becomes aware of possible noncompliance with applicable laws is required to promptly report such possible noncompliance to his or her immediate manager or The University of Chicago Medical Center Compliance Resource Line. No adverse action or any form of retaliation shall be taken by the Hospitals against any employee because of that persons good faith report of possible noncompliance.

UCMC is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at UCMC are based on business needs job requirements and individual qualifications without regard to race color religion or belief national social or ethnic origin sex (including pregnancy) age physical mental or sensory disability HIV Status sexual orientation gender identity and/or expression marital civil union or domestic partnership status past or present military service family medical history or genetic information family or parental status or any other status protected by the laws or regulations in the locations where we operate. UCMC will not tolerate discrimination or harassment based on any of these characteristics.

Leadership Expectations (for all management and director/executive director positions)

E4 Leadership (Equity Engage Evolve Excel) is a patient centered management system that empowers teams to improve on a daily basis. This is done through daily readiness huddles real time process monitoring performance review huddles and structured problem solving. E4 Leadership is an evolving system where leaders work together to cultivate a culture of equity and continuous improvement that enables

Each person to realize their full potential for contribution

The organization to achieve high performance outcomes

System-wide integration coordination and seamless execution

Clear focus on exceptional equitable patient care and experiences.

As part of the leadership team this position will be instrumental in reinforcing and sustaining UCMs E4 Leadership Culture.

REASONABLE ACCOMMODATIONS

To perform this job successfully an individual must be able to perform each essential duty satisfactorily. The requirements listed within this document representative of the knowledge skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

UCMC STANDARDS OF BEHAVIOR

Adhere to UCMC Policies including compliance with federal and state laws and accrediting body regulations

Responsible for reading and understanding the University of Chicago Medical Centers Standards of Behavior and committing to demonstrate and uphold the Mission Vision and Values

Be present and focus on addressing one patient at a time giving your full attention

Exercise patience and empathy at all times (put yourself in others shoes)

Demonstrate professionalism at all times in Actions Words and Attire

Acknowledge and greet everyone in a warm welcoming manner