Tax Accountant

Note for Current UM Employees

Current employees must apply internally via ConnectU > connectu.olemiss.edu

The University of Mississippi

"The University of Mississippi — fondly referred to as Ole Miss — stands as a premier public research institution with a proud legacy of academic distinction. We are devoted to nurturing a vibrant, inclusive community where every member — student, faculty, and staff — can achieve their fullest potential.”

Role Specifications

Below you will find classification and compensation information. For additional details behind the University of Mississippi classification system please visit Human Resource Compensation Page

Family - Finance

Sub-Family - Tax

Career Track / Level - P2

Grade - 7

Role Summary

Performs routine to moderately complex financial analysis, internal and external reporting, and tax research; supports leaders to ensure accurate and timely filing of tax returns, reports, and payments for the institution and affiliate organizations.

Examples of Work Performed

• Tax Compliance:

  • Prepare and file federal, state, and local tax returns for the university.
  • Ensure compliance with tax regulations and reporting requirements.
  • Maintain accurate records of all tax filings and payments.

• Tax Planning:

  • Develop and implement tax strategies to minimize tax liabilities.
  • Provide tax advice on the financial implications of university projects and initiatives.
  • Collaborate with university departments to optimize tax positions.

• Regulatory Updates:

  • Stay current with changes in tax laws and regulations.
  • Interpret new tax legislation and assess its impact on the university.
  • Communicate regulatory updates to relevant university stakeholders.

• Internal Controls:

  • Develop and maintain internal controls related to tax processes.
  • Conduct periodic reviews to ensure compliance with internal policies and procedures.
  • Recommend improvements to enhance tax-related processes and controls.

• Financial Analysis:

  • Analyze financial data to identify tax savings opportunities.
  • Prepare tax-related financial reports and analyses for university leadership.
  • Support budgeting and forecasting activities with tax insights.

• Collaboration:

  • Work closely with the university's finance and legal teams.
  • Liaise with external tax consultants and advisors.
  • Engage with university departments to address their specific tax-related needs.

• Special Projects:

  • Lead or participate in special tax projects, such as research on tax incentives.
  • Performs similar or related duties as assigned or required.

Essential Functions

These essential functions include, but are not limited to, the following. Additional essential functions may be identified and included by the hiring department.

1. Develops, organizes, prepares and updates tax planning, filing, reporting, and payment activities for the University.
2. Analyzes financial data and develops reports to identify taxable assets, forecast tax burdens, identify discrepancies, and investigate and recommend solutions as needed.
3. Prepares and files tax returns, reports, and payments for institutional entities, ensuring compliance with tax law and policy and assisting in internal and external audit activities.
4. Answers questions and provides tax accounting-related information to internal and external stakeholders according to established policies and procedures.

Minimum Education/Experience

Education: Bachelor's Degree

Experience: (3) Three Years Experience

Substitution Statement: An equivalent combination of related experience and education may be considered for this role. Substitutions of the required experience or education will be assessed on a 1:1 substitution basis.

EEO Statement

The University of Mississippi provides equal opportunity in any employment practice, education program, or education activity to all qualified persons. The University complies with all applicable laws regarding equal opportunity and affirmative action and does not unlawfully discriminate against any employee or applicant for employment based upon race, color, gender, sex, pregnancy, sexual orientation, gender identity or expression, religion, citizenship, national origin, age, disability, veteran status, or genetic information.

Minimum Physical Requirements

Physical Requirements: These physical requirements are not exhaustive, and additional job-related physical requirements may be added to these by individual agencies on an as needed basis.

Corrective devices may be used to meet physical requirements.

Physical Exertion: The incumbent may be required to lift up to approximately 10 pounds.

Vision: Requirements of this job include close vision. Speaking/Hearing: Ability to give and receive information through speaking and listening.

Motor Coordination: While performing the duties of this job, the incumbent is frequently required to talk and hear; and use hands to finger, handle, or feel. The incumbent is periodically required to sit. The incumbent is occasionally required to stand; walk; and reach with hands and arms

Interview Requirements: Any candidate who is called for an interview must notify the Department of Equal Opportunity/Regulatory Compliance in writing of any reasonable accommodation needed prior to the date of the interview.

Background Check Statement

This position will require a financial (credit) report. Selected candidates should have a low credit debt. Background checks are completed post offer of employment. University employees moving into a new position that requires a financial (credit) report must complete a new background check.

The University of Mississippi is committed to providing a safe campus community. UM conducts background investigations for applicants being considered for employment. Background investigations include a criminal history record check, and when appropriate, a financial (credit) report or driving history check.