Job Information
University of Colorado Tax/Payroll-Benefit Accountant in Denver, Colorado
Tax/Payroll-Benefit Accountant
Description
Join Our Team and Make a Difference in Higher Education!
Position Summary:
Where You Will Work:
Equal Opportunity Statement:
Duties & Responsibilities:
Duties
Manage the tax deposit process after each payroll, including reviewing payroll report files, creating journals, handling nonresident alien withholding tax (Form 1042 processing), processing automated clearing house (ACH) disbursements, and requesting wire payments.
Reconcile payroll tax payments and confirm accuracy of third-party payments to the Internal Revenue Service (IRS) on behalf of CU. Reconcile ADP invoices for CU payroll tax billings.
Reconcile quarterly and annual ADP reports to internal payroll reports.
Reconcile select garnishments for CU employees and retirees, including reconciling bank accounts/payroll data/electronic funds transfer (EFT) amounts to the general ledger and preparing journals for EFT payments, researching discrepancies in payroll deductions for garnishment, and assisting payroll staff in corrections.
Reconcile payroll tax accounts to ensure accuracy with scheduled payroll processing. Work with UIS to identify and resolve discrepancies within the general ledger.
Manage CU lockbox, ACH, and desktop deposits to bank.
Manage and process wire transfer/voucher payment requests for employee payments (gifts) to the CU Foundation and Colorado Combined Campaign (CCC).
Processes adjustments for Retiree Billing and processes accounts payable, as needed
Participate and contribute in OUC meetings with Employee Services (Payroll) and third-party vendors (e.g., ADP) as required.
Manage payroll tax processing associated with non-resident alien withholding (Form 1042) and withholding from non-payroll payments (Form 945) and perform associated tracking and worksheet reconciliation.
Reconcile select payroll/benefit liability accounts, Payroll Warrant/Advice Clearing, Overpayment, and Garnishments.
Assure correct recording of account transactions in the general ledger. Assure accuracy of account balances, research and resolve discrepancies, and prepare adjusting journal entries as necessary.
Reconcile monthly bank statement activity related to tax/payroll/benefit processes.
Process payments to third-party vendors for payroll withholding amounts, including confirming vendor data to assure accurate maintenance of employee benefits and withholding.
Prepare and revise process documentation on procedures on all tasks and responsibilities.
Record journal entries to record fees/credits from payroll invoices.
Compile data and prepare upwards of 50-100 journal entries monthly.
Produce stale dated warrant data for all four campuses.
Voluntary Employees' Beneficiary Association (VEBA) wire transfer and Treasury notification.
Assist Director of Tax & Payroll Benefit Accounting with Unrelated Business Income Tax (UBIT) reporting.
Prepare Reconciliations of 1042 Payments every pay cycle, quarterly, and annual basis.
Tax Compliance calculations and form submission for:
Form 720
Form 945
Form 4720
Form 1042
Form 990-T
Draft responses to tax notices and other tax correspondence. Upload notices to ADP for research and review
Act as liaison for various state unemployment agencies and third-party vendor, Experian Employer Services, to address benefit claim correspondence.
Prepare Data Submissions for Forms 1098-T, 1099-R.
Coordinate with Director of Tax on various related tasks. These include tax return preparation, tax research, notice responses, and general tax consulting.
Perform other duties and special projects as assigned.
What We Offer:
Salary: $59,000 - $66,000
Benefits:
No-cost or low-cost medical & dental plan options, some inclusive of IVF assistance.
Disability, Life, Vision Insurance options.
Multiple retirement planning options including a mandatory 401(a) plan where CU contributes 10% of your gross pay, a 401k or 403b plan and a 457 deferred compensation plan.
Pre-tax savings plans, such as Health care and Dependent care flexible spending accounts.
Embrace a healthy work-life balance with ample sick and vacation leave, along with at least 12 paid holidays. This includes a dedicated week off for winter break.
6 weeks of parental leave to adjust to the joys of parenthood.
A tuition benefit program for you and/or your dependents.
Free RTD EcoPass and Free Onsite Parking at our 1800 Grant Street Office.
Many additional perks & programs with the CU Advantage (https://apptrkr.com/get_redirect.php?id=6154954&targetURL=https://advantage.cu.edu/) .
Qualifications:
Minimum Qualifications:
Please ensure your resume includes any and all relevant experience to be accurately assessed against these qualifications. You must meet all minimum requirements listed at the time of application to be considered for this role.
Bachelor's degree from an accredited institution of higher education, or equivalent professional experience (professional experience may be substituted for the educational requirement on a year-for-year basis).
One (1) year of professional accounting experience, which may include:
Reconciling financial data, statements, and accounts,
Processing payments and wire transfers,
Preparing deposits, payments, reports, and journals.
Preferred Qualifications:
Two (2) years of professional accounting experience, which may include
Reconciling financial data, statements, and accounts,
Processing payments and wire transfers,
Preparing deposits, payments, reports, and journals.
Professional experience with PeopleSoft enterprise software (e.g., Finance, HCM).
Professional experience in public higher education or other complex government organization.
Tax Preparation Experience (1042, 1098-T, 990-T, 720, 4720, 1099 Series)
Experience with Excel Macros and Power Queries
Knowledge, Skills, and Abilities:
Knowledge and understanding of payroll tax accounting issues.
Customer service skills, including the ability to actively listen, address customer needs, defuse tense situations, and maintain an open, flexible, and friendly demeanor.
Oral, written, and listening communication skills, including the ability to accurately interpret what others are saying and convey messages, information, concepts, and details accurately and clearly.
Interpersonal skills, including the ability to facilitate interaction, communication, and teamwork between others.
Organizational skills, including the ability to set and meet, coordinate and facilitate meetings, and make decisions.
Intermediate to advanced Computer skills, including the ability to use Microsoft Office programs (i.e. Word, Excel, PowerPoint, Outlook, etc.), and learn and experiment with new software and systems.
Analytical and problem-solving skills, including the ability to examine and summarize data and trends in order to resolve issues and produce results.
Accounting skills, including the ability to perform computational math, follow established accounting and financial standards, be cognizant of and address details, and meet deadlines.
Ability to deliver a high level of dedication and commitment to customer service.
Ability to work independently and have reliable professional judgment, as well as work collaboratively with a team to achieve desired results.
How to Apply:
A cover letter identifying the job specific minimum qualifications you possess
A resume including any and all relevant experience to be accurately assessed against the qualifications listed in the posting.
When to Apply:
May 5th, 2025
Sponsorship Statement:
Background Check Statement:
ADA Statement:
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Posting Date
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To apply, visit https://cu.taleo.net/careersection/2/jobdetail.ftl?job=36644&lang=en (https://apptrkr.com/6154954)
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Tax/Payroll-Benefit Accountant - 36644 University Staff At the System Administration office at the University of Colorado, we are dedicated to building a workplace where everyone feels valued, supported, and empowered to thrive. Our office is committed to fostering a culture where employees find community, a sense of belonging, and the opportunity to contribute meaningfully to our mission and purpose. By joining our team, you'll have a direct impact on shaping the future of higher education. In addition to the Office of the Board of Regents, the University of Colorado's system administration includes 19 units that provide essential services to CU's campuses in Aurora, Boulder, Colorado Springs, and Denver, as well as the Office of the President. While not a part of any one campus, we are proud to serve in the centralized office for the University system. Together, we ensure CU continues to deliver outstanding education, groundbreaking research, and valuable service to our communities. We believe in creating an environment where the unique experiences and perspectives of everyone are embraced, enriching the work we do and the strategic outcomes we pursue. If you're passionate about making a difference, contributing to a dynamic team, and supporting a mission that matters, we encourage you to apply and be part of our journey. Learn more about CU System Administration (https://apptrkr.com/get_redirect.php?id=6154954&targetURL=https://www.cu.edu/cu-careers/cu-system) .
The Office of University Controller (OUC) is responsible for managing the university's system of record - the Finance System - and its interfaces with purchasing, payables, human resources, and other subsystems, including the Cognos Reporting System. The OUC works closely with the CU campus controllers, the state controller, and the state auditor's office to ensure that fiscal practices comply with external and internal rules and regulations and generally accepted accounting principles. The OUC communicates fiscal policies and procedures to the university community through its newsletter, website, and training programs, and provides direct assistance to faculty, staff, and other individuals through the Financial Services & Solutions Help team. The office also administers a Continuing Professional Education program and the CU Innovation & Efficiency (CU I&E) Awards employee recognition program.
Hybrid - this role is eligible for a hybrid schedule, working some days from home and some days in office.
CU is an Equal Opportunity Employer and complies with all applicable federal, state, and local laws governing non-discrimination in employment. We are committed to creating a workplace where all individuals are treated with respect and dignity, and we encourage individuals from all backgrounds to apply.
The Tax/Payroll-Benefit Accountant is a member of the University of Colorado's (CU) Office of University Controller (OUC). The Payroll/Benefit Accounting unit is responsible for administering and managing the payroll/benefit accounting functions for the University of Colorado System, including maintaining compliance in operational, tax, and accounting activities. This position processes tax deposits after each payroll; processes fees and payments to various payroll related organizations; prepares Denver head tax payments; creates journals for bank account activity; and handles aging report (billing) reconciliations. The position is responsible for various tasks related to the preparation and review for tax compliance activities for Unrelated Business Income, International Tax, Sales Tax, and Payroll Tax. The Tax/Payroll-Benefit Accountant position reports to the Payroll & Benefits Accounting Program Director and is exempt from the State of Colorado Classified Staff. Duties and responsibilities of the position include, but are not limited to:
The anticipated hiring range has been established at CU System Administration takes into consideration a combination of the selected candidate's education, training and experience as it relates to the position, as well as the position's scope and complexity, internal pay equity and external market value when determining a salary level for potential new employees. With our unparalleled range of benefits, including top-notch healthcare, comprehensive wellness programs, enriching professional development, and a dynamic work-life balance, we ensure your holistic growth and happiness. Additional taxable fringe benefits may be available. For more information on benefits programs, please review our Comprehensive Benefits Guide (https://apptrkr.com/get_redirect.php?id=6154954&targetURL=https://www.cu.edu/node/183087) . Access our Total Compensation Calculator (https://apptrkr.com/get_redirect.php?id=6154954&targetURL=https://www.cu.edu/node/153125) to see what your total rewards could be at CU. (This position is a University Staff position)
To be successful in this position, employees will need to know the following:
For full consideration, please attach the following as separate documents to your application: Please ensure you check the "Job Specific Attachments" box next to each document on the "Required Documents" page of the application for the appropriate documents to be attached. Per the Colorado Job Application Fairness Act, you are not required to provide your date of birth, dates of school attendance, or dates of graduation on your resume or cover letter. If an application requires additional materials, such as a transcript or certification, you may redact identifying information relating to your date or birth, dates of school attendance, or dates of graduation.
For full consideration completed applications must be submitted by . Reference checking is a standard step in our hiring process. You may be asked to provide contact information, including email addresses, for up to five references as part of the search process for this position. Please note: All application materials must be submitted through CU Careers; emailed materials will not be considered.
We are unable to sponsor applicants for work visas for this position.
The University of Colorado is committed to providing a safe and productive learning and living community. To achieve that goal, we conduct background investigations for all final applicants being considered for employment. Background investigations include a criminal history record check, and when appropriate, a financial history, motor vehicle history and/or fingerprinting background check. The Immigration Reform and Control Act requires that a verification of employment eligibility be documented for all new employees by the end of the third day of work. The University of Colorado is committed to diversity and equality in education and employment.
We are committed to an inclusive and barrier-free search process. We provide accommodations for applicants requesting accommodation through the search process such as alternative formats of this posting. Individuals with disabilities in need of accommodations throughout the search process should contact the ADA Coordinator at: systemhr@cu.edu (https://apptrkr.com/get_redirect.php?id=6154954&targetURL=systemhr@cu.edu) .Application Materials Required: Cover Letter, Resume/CV : Finance and Accounting : Denver Department: S0001 -- System Administration - 50027 - University Controller : Full-time : Apr 18, 2025 : May 6, 2025, 5:59:00 AM Posting Contact Name: System HR Recruiting Posting Contact Email: Systemhr.recruiting@cu.edu (https://apptrkr.com/get_redirect.php?id=6154954&targetURL=Systemhr.recruiting@cu.edu) Position Number: 00001551jeid-eb8dbd1f9482f645b8dda136e82b5e74
The University of Colorado does not discriminate on the basis of race, color, national origin, sex, age, pregnancy, disability, creed, religion, sexual orientation, gender identity, gender expression, veteran status, political affiliation, or political philosophy. All qualified individuals are encouraged to apply.