Senior Tax Analyst

About the Role

The Senior Tax Analyst oversees and coordinates federal and state tax compliance and post-issuance bond compliance for Bryan Health and affiliates. Plays a key role during tax preparation by gathering tax-related information for reporting purposes from various financial sources across the organization. Conducts research of new and existing regulations and coordinates process improvements to ensure compliance.

Responsibilities

• Coordinates the preparation of tax returns in compliance with laws and internal procedures for entities within the Bryan Health System, including Forms 990, 990-T, 1120, 1065, state income tax returns, sales and use tax returns, and other tax and informational returns.
• Prepares tax provisions calculations for year-end audits.
• Identifies and proposes resolutions and best practices to specific Bryan Health tax issues.
• Serves as primary contact for tax-related training and education for Bryan Health employees who participate in the tax return preparation process.
• Serves as key resource person for all tax and private business use-related questions.
• Serves as key resource person for meeting IRS Section 501(r) requirements.
• Prepares transfer pricing documentation to substantiate transfer pricing positions taken.
• Assists with transfer pricing aspects of tax authority queries or formal audits.
• Participates in all internal/external audits related to federal tax and post-issuance bond compliance; serves as main contact to coordinate data collection and distribution.
• Maintains a post-issuance compliance database which quantifies private business use for tax-exempt bonds for annual reporting to the IRS.
• Prepares Community Benefit Information for the medical centers and the Health System for reporting to the IRS and the public.
• Provides accounting for tax-exempt bonds and bond swaps for financial reporting and the year-end audit.
• Prepares responses to inquiries and notices, and completes questionnaires and surveys from regulatory bodies including, but not limited to, the IRS.
• Monitors new developments, best practices, and changes in taxation (i.e., laws, regulations) and tax-exempt bond compliance for any issues that may impact the tax-exempt status of Bryan Health and affiliates.
• Reviews organizational contracts and tracks compliance with regard to private business use and unrelated business income.
• Writes and maintains procedures to meet IRS tax and post-issuance bond compliance requirements.
• Advances work knowledge by participating in webinars, continuing education in-services, reading periodicals/literature, and seeking ongoing development opportunities.
• Performs other related duties as assigned.

Requirements

• Strong leadership, organization, project management, and analytical skills.
• Knowledge of applicable federal, state, and local tax laws and regulations.
• Knowledge of tax-exempt bond post-issuance requirements under IRS regulations.
• Knowledge of accepted accounting theory, practice, and auditing.
• Knowledge of quality improvement, budgetary, and financial methods and practices.
• Knowledge of computer hardware equipment and software applications relevant to work functions.
• Skill in assisting customers in a patient and appropriate manner with questions and concerns.
• Ability to communicate effectively both verbally and in writing.
• Ability to prioritize work demands and work with minimal supervision.
• Ability to analyze discrepancies/problems, interpret regulations, and make recommendations in accordance with established precedent or guidelines.
• Ability to develop written policies and procedures.
• Ability to maintain confidentiality relevant to sensitive information.
• Ability to establish and maintain effective working relationships with all levels of personnel, medical staff, volunteers, and ancillary departments.
• Ability to lead multi-disciplinary teams and work as a team member.
• Ability to effectively react and perform work under stressful and emergent situations.

Qualifications

• Bachelor’s degree in Accounting or Finance required.
• Master’s degree or Certified Public Accountant (CPA) certification preferred.
• Minimum of two (2) years of experience in income tax return preparation required.
• Past experience with a CPA firm preferred.
• Additional experience in a tax-exempt integrated healthcare system preferred.

Physical Requirements

Characterized as sedentary work requiring exertion up to 10 pounds of force occasionally and/or a negligible amount of force frequently to lift, carry, push, pull, or otherwise move objects, including the human body. Work involves long periods of sitting at a desk in front of a computer screen. Repetitive keystrokes on a keyboard typically required.