New York, New York, USA

Full-time

160 Fifth Avenue
R0001313

The Finance Associate/Finance Manager will report to the Senior Manager of Finance and will be responsible for supporting the full tax cycle, with an emphasis on tax, investments, and other technically complex areas.

Areas of Responsibility:

POSITION SUMMARY

The Simons Foundation is seeking a Finance Manager to join the accounting and reporting team. The Finance Manager will report to the Senior Manager of Finance and will be responsible for supporting the full tax cycle, with an emphasis on investments, and other technically complex areas.

ESSENTIAL FUNCTIONS/RESPONSIBILITIES

Respond to external reporting needs inclusive of tax, regulatory filings and surveys.
Coordinate all aspects of the tax cycle, including provisions, estimates, extensions, returns and reporting, as well as planning. Provide requested items to external tax preparers and coordinate the status of open items.
Responsible for recording, tracking and analyzing investment activity for tax and GAAP reporting. Maintain cost-basis investment schedules and calculate realized gains for tax purposes. Analyze K-1s and similar tax schedules for the purpose of calculating the Foundation’s taxes and unrelated business taxable income (“UBIT”) for investments in partnerships.
Maintain tax- and compliance-specific records, including disqualified persons and self-dealing, minimum distributions, excess business holdings, jeopardizing investments, and taxable expenditures.
Monitor the foundation’s activities for IRS compliance and escalate as appropriate. Collaborate with cross-functional teams on Foundation-wide compliance initiatives.
Maintain and analyze tax-specific accounts used to track UBIT, grant disbursements subject to expenditure responsibility requirements and other similar accounts required for regulatory reporting.
Remain current on US GAAP, IRS regulations and other regulatory developments impacting private foundations.
Research technical accounting and tax issues and draft accounting memos to document complex matters/decisions. Coordinate with management, external auditors and tax accountants where appropriate.
Support ongoing efforts to improve processes and automate manual tasks. Propose strategies to make operations more efficient.
Take on any additional responsibilities or special projects as needed.

MINIMUM QUALIFICATIONS

Education

Bachelor’s degree in accounting, tax, finance or business is preferred. Other degrees will be considered based on level of relevant experience.
CPA or CPA license in progress

Educational Background:

BA/BS/Undergraduate

Skills/Experience:

Experience

Minimum 4 years of relevant tax and accounting experience is required.
Experience with larger organizations with varied lines of business, and experience with complex investment portfolios is preferred.
Experience with exempt organizations, either in public accounting or in industry is preferred.
Experience with private foundations and familiarity with Chapter 42 excise taxes is a plus.

Related Skills & Other Requirements

Must possess strong verbal and written communication skills
Must be detail oriented with strong organizational, analytical and problem-solving skills
Must demonstrate initiative and critical-thinking skills and the ability to prioritize workload to deliver high-quality results on time
Adaptive to a dynamic, rapidly growing work environment
Strong team player while also having ability to manage work independently

Compensation/Benefits:

COMPENSATION AND BENEFITS

The full-time annual compensation range is $92,000 - $125,000 depending on experience.
In addition to competitive salaries, the Simons Foundation provides employees with an outstanding benefits package.

THE SIMONS FOUNDATION'S DIVERSITY COMMITMENT

Many of the greatest ideas and discoveries come from a diverse mix of minds, backgrounds and experiences, and we are committed to cultivating an inclusive work environment. The Simons Foundation actively seeks a diverse applicant pool and encourages candidates of all backgrounds to apply. We provide equal opportunities to all employees and applicants for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, genetic disposition, neurodiversity, disability, veteran status, or any other protected category under federal, state and local law.

Apply Here: https://www.click2apply.net/oXgwaVsdGnpxqI6Z5imAQ1

PI228405571

How to Apply:

Apply Online: https://www.click2apply.net/oXgwaVsdGnpxqI6Z5imAQ1

Job Function:

Accounting / Finance