What are the responsibilities and job description for the Senior Accountant, Controllers position at Broad Institute of MIT and Harvard?
The Controller’s Office is seeking a highly motivated and dependable full time Senior Accountant to assist with accounting and reporting functions. A successful candidate will possess a proficient knowledge of accounting fundamentals, be highly organized, detail oriented and able to work collaboratively in a fast-paced, dynamic environment.
In this role, you will play a key part in preparing the Institute’s annual tax filings, including the federal Form 990 and 990-T. Knowledge of tax compliance including experience preparing company tax returns is a desired skill. You will also make recommendations for improvements and efficiencies in processes and internal controls as well as have an opportunity to develop and grow your career over time.
This position has a hybrid work schedule, allowing for in office collaboration as well as flexibility with work from home days weekly.
WHY BROAD?
[1] The Broad Institute is pioneering a new model of collaborative biomedical science to transform biology and medicine. To do that, we have created a unique community of amazing, creative people — "Broadies" — each with a passion for pushing scientific frontiers. Our community transcends academic and organizational barriers, encouraging different points of view and making all Broadies part of something meaningful. Our unique culture of collaboration along with the common theme of our people being deeply passionate about making a difference in the world and improving human health unite us all as Broadies.
Broad Institute is committed to meeting the most critical challenges in biology and medicine. We are dedicated to applying our deep knowledge of human genetics to empower a revolution in biomedicine and accelerate the pace at which the world conquers disease. Through our partnerships with MIT, Harvard and the Harvard teaching hospitals we've become the "hub" of cutting edge science in the Boston biomedical community.
At the Broad, we understand that the most important thing that will lead to these breakthroughs in human biology, health, and disease is our people. In joining us, you will also be able to join a community that deeply values diversity and continually strives for inclusion, which are essential to achieving our scientific mission. You’ll also be eligible for comprehensive benefits. At Broad, we care deeply about all of the people in our community and believe in the importance of supporting Broadies in all aspects of their lives. We aspire to maintain a culture that emphasizes wellness and balance through a range of benefits for you and your family members. We are committed to helping make life work by offering a range of benefits designed to support your physical, emotional, and financial well-being.
KEY RESPONSIBILITIES:
Accounting:
* Participate in key areas of the month-end close process, including the preparation of account reconciliations, journal entries, and other workpapers in accordance with GAAP and Institute policy.
* Perform balance sheet account reconciliations, resolve reconciling items and errors, and address financial discrepancies promptly and effectively.
* Identify, propose, and implement potential improvements to financial and operational processes to enhance accuracy, efficiency, and compliance.
* Take ownership of assigned areas, preparing and reviewing journal entries, reconciliations, and audit requests. Proactively communicate the status of assignments and ensure deadlines are met.
* Provide support for external audits, including preparation of schedules, reconciliations, and responding to auditor requests.
* Opportunity to collaborate with teams across Finance, Enterprise Systems and leadership to conduct daily business operations and implement cross-functional process improvements.
* Contribute to financial reporting initiatives, including creating and enhancing reports for internal and external stakeholders.
Tax Compliance:
* Plays a major role in planning, preparation and review of the Institute’s Form 990 and 990-T, including unrelated business income tax returns for 20 states, in accordance with current tax laws and regulations.
* Collaborate with teams across the organization to compile, analyze and review detailed financial transactions for underlying tax schedules and leverage the financial system to generate information accurately and efficiently.
* Ensures required tax payments are made to regulatory agencies timely, and keeps detailed records for monitoring and reporting purposes.
* Reviews, researches and resolves tax notices from regulatory agencies related to annual tax filings. Responsible for organizing and maintaining historical records.
* Conducts research for tax issues as necessary and summarizes findings to management.
* Acts as a key liaison between the Institute and tax consultants during 990 planning and preparation.
MINIMUM QUALIFICATIONS:
* Bachelor’s Degree in Accounting/Finance or related field.
* At least 3 years of public accounting and/or private industry experience, preferably in a not-for-profit organization.
* Experience with tax compliance; not for profit industry preferred.
* Experience with major enterprise-system software packages is a plus (SAP/Oracle)
* Proficient at Microsoft Excel skills (v-lookup, pivot tables etc.) and Google apps.
* Strong analytical and problem-solving skills, with attention to detail.
* Works independently with minimal supervision.
* Demonstrated ability to manage multiple priorities and meet deadlines in a fast-paced environment.
* Excellent communication and interpersonal skills to collaborate effectively with cross-functional teams.
References
Visible links
1. https://www.broadinstitute.org
In this role, you will play a key part in preparing the Institute’s annual tax filings, including the federal Form 990 and 990-T. Knowledge of tax compliance including experience preparing company tax returns is a desired skill. You will also make recommendations for improvements and efficiencies in processes and internal controls as well as have an opportunity to develop and grow your career over time.
This position has a hybrid work schedule, allowing for in office collaboration as well as flexibility with work from home days weekly.
WHY BROAD?
[1] The Broad Institute is pioneering a new model of collaborative biomedical science to transform biology and medicine. To do that, we have created a unique community of amazing, creative people — "Broadies" — each with a passion for pushing scientific frontiers. Our community transcends academic and organizational barriers, encouraging different points of view and making all Broadies part of something meaningful. Our unique culture of collaboration along with the common theme of our people being deeply passionate about making a difference in the world and improving human health unite us all as Broadies.
Broad Institute is committed to meeting the most critical challenges in biology and medicine. We are dedicated to applying our deep knowledge of human genetics to empower a revolution in biomedicine and accelerate the pace at which the world conquers disease. Through our partnerships with MIT, Harvard and the Harvard teaching hospitals we've become the "hub" of cutting edge science in the Boston biomedical community.
At the Broad, we understand that the most important thing that will lead to these breakthroughs in human biology, health, and disease is our people. In joining us, you will also be able to join a community that deeply values diversity and continually strives for inclusion, which are essential to achieving our scientific mission. You’ll also be eligible for comprehensive benefits. At Broad, we care deeply about all of the people in our community and believe in the importance of supporting Broadies in all aspects of their lives. We aspire to maintain a culture that emphasizes wellness and balance through a range of benefits for you and your family members. We are committed to helping make life work by offering a range of benefits designed to support your physical, emotional, and financial well-being.
KEY RESPONSIBILITIES:
Accounting:
* Participate in key areas of the month-end close process, including the preparation of account reconciliations, journal entries, and other workpapers in accordance with GAAP and Institute policy.
* Perform balance sheet account reconciliations, resolve reconciling items and errors, and address financial discrepancies promptly and effectively.
* Identify, propose, and implement potential improvements to financial and operational processes to enhance accuracy, efficiency, and compliance.
* Take ownership of assigned areas, preparing and reviewing journal entries, reconciliations, and audit requests. Proactively communicate the status of assignments and ensure deadlines are met.
* Provide support for external audits, including preparation of schedules, reconciliations, and responding to auditor requests.
* Opportunity to collaborate with teams across Finance, Enterprise Systems and leadership to conduct daily business operations and implement cross-functional process improvements.
* Contribute to financial reporting initiatives, including creating and enhancing reports for internal and external stakeholders.
Tax Compliance:
* Plays a major role in planning, preparation and review of the Institute’s Form 990 and 990-T, including unrelated business income tax returns for 20 states, in accordance with current tax laws and regulations.
* Collaborate with teams across the organization to compile, analyze and review detailed financial transactions for underlying tax schedules and leverage the financial system to generate information accurately and efficiently.
* Ensures required tax payments are made to regulatory agencies timely, and keeps detailed records for monitoring and reporting purposes.
* Reviews, researches and resolves tax notices from regulatory agencies related to annual tax filings. Responsible for organizing and maintaining historical records.
* Conducts research for tax issues as necessary and summarizes findings to management.
* Acts as a key liaison between the Institute and tax consultants during 990 planning and preparation.
MINIMUM QUALIFICATIONS:
* Bachelor’s Degree in Accounting/Finance or related field.
* At least 3 years of public accounting and/or private industry experience, preferably in a not-for-profit organization.
* Experience with tax compliance; not for profit industry preferred.
* Experience with major enterprise-system software packages is a plus (SAP/Oracle)
* Proficient at Microsoft Excel skills (v-lookup, pivot tables etc.) and Google apps.
* Strong analytical and problem-solving skills, with attention to detail.
* Works independently with minimal supervision.
* Demonstrated ability to manage multiple priorities and meet deadlines in a fast-paced environment.
* Excellent communication and interpersonal skills to collaborate effectively with cross-functional teams.
References
Visible links
1. https://www.broadinstitute.org
