Senior Accountant and Tax Specialist; TKF

Posted on July 26, 2019

The Kresge Foundation has an opening for a Senior Accountant and Tax Specialist.

The Kresge Foundation is one of the top 20 private foundations in the United States and the only one focused exclusively on expanding opportunities for people with low income in American Cities. With a $3.8 billion endowment and a staff of over 100 employees, the foundation deploys grants and social investments across arts and culture, education, environment, health, human services and community development.

The foundation’s state-of-the-art headquarters maintains an array of energy-efficient, water-conserving and health-promoting systems. The foundation also operates an office in Detroit’s Midtown district.

Join an Award Winning Finance Office

Our award winning team includes three Certified Public Accountants whose accomplishments include the 2011 Crain’s Detroit Business CFO of the Year, 2017 DBusiness Powered by Women Award, a member of the Financial Accounting Standards Board Not-For-Profit Advisory Committee, two MICPA Women to Watch Awards, a 2015 Crain’s Detroit Business CFO of the Year Rising Star awardee, a member of the MICPA Ethics Task Force, and a member of the Walsh College Accounting Advisory Board.

Our finance and accounting team offers the broadest possible exposure to the non-profit accounting field. You will have opportunities to learn accounting insights from some of the best finance and accounting professionals in the industry.

Strong Work Life Balance

We offer a competitive total compensation package including…

• Health benefits, employer-paid dental, vision, and life insurance
• Wellness program with financial incentives
• 4 weeks of paid time off
• Attractive 401k plan consisting of a 5% 1:1 employer match and an additional 10% employer contribution

….and other benefits:

• Breakfast, lunch, and snacks daily for a minimal charge
• Robust professional development opportunities, including tuition reimbursement
• Technology reimbursement
• Award-winning platinum LEED facility anchored by a 19 th century farmhouse

The Senior Accountant & Tax Specialist is responsible for reconciling financial accounting activity and performing the day-to-day accounting and tax functions with an emphasis on its complex reporting for alternative investments. This position has the role of gaining a thorough understanding of accounting and tax matters affecting the Foundation to ensure proper planning, compliance, research, tracking, analysis and reporting. This position will support the Deputy CFO and Controller, Finance team and other internal staff as well as interact with external advisors and peer foundations.

Primary responsibilities

• Participates in analysis of accounting and tax issues as they arise. In conjunction with external advisors, researches new and pending updates and regulations as well as assesses impact and resulting reporting requirements.
• Provides technical expertise, reviewing and recommending procedures for compliance with financial reporting standards as well as international, federal, state and local tax regulations. Responsible for documenting accounting and tax positions and implementing processes and procedures.
• Prepares general ledger entries, analysis and reconciliations as assigned to ensure data accuracy and integrity.
• Assists with monthly, quarterly and yearly close process.
• Assists with preparation for the annual audit as needed.
• Fulfills accounting, audit and tax information requests as required.
• Prepares all accounting and tax schedules, reconciliations and journal entries related to Forms 990-PF, 990-T and state tax filings for internal and external audit review.
• Prepares Forms 990-PF and 990-T for internal and external review. Responds to review notes and reviews returns prior to filing.
• Assists with tax and payout forecasts as well as preparation of all quarterly tax estimates and return extensions.
• Responsible for the collection and follow up on all federal and state Schedule K-1’s, foreign reporting forms and all other relevant tax related information and forms.
• Prepares state registrations, annual reports and…