WHITMAN COLLEGE
Located in the historic community of Walla Walla{rel="noopener noreferrer"}, Whitman's vibrant and beautiful tree-lined campus is home to an intellectually diverse, dynamic, welcoming and supportive community of some 500 staff and faculty serving approximately 1,500 students from the local region and across the globe. With exceptional students, accomplished faculty and staff, and a fiercely loyal and growing number of engaged alumni, Whitman College continues to build on its national reputation for academic excellence as one of the top liberal arts colleges in the country.
Whitman College{rel="noopener noreferrer"} is cultivating a community built on inclusion and belonging. We recognize the value of those who can offer historically underrepresented perspectives and encourage applications from those whose background, knowledge, and insights from lived experience can add to the college's working and learning environment. Whitman College is an Equal Employment Opportunity employer (EEO) .
POSITION PURPOSE
The Accounting Specialist primarily assists the Trust Accounting Manager for all aspects of the off-campus rental program and various accounting responsibilities within the trust office, including processing gifts, college investments transactions, and processing of trust payables. The Accounting Specialist is also responsible for tax work related to international students and contractors, including assisting the International Student and Scholar Support Services Office with the maintenance of tax treaty information for international students, calculating taxes to withhold and remit based on payments made to or on behalf of international students and contractors, and preparation of all the tax forms related to international students and contractors.
HIRING SALARY RANGE
Salary within the range will be determined based on qualifications and experience.
PRINCIPAL ACCOUNTABILITIES
Approximately 75% of the Accounting Specialist's time and effort is associated with various functions related to the College's trust funds, i.e. the investments (15%), farm properties (8%), and rental properties (52%) held in the College's endowment, including the following:
Prepare journal entries to record purchases, sales and market value adjustment for investments. Prepare quarterly endowment investment performance distribution to the endowment units. Process payments for the Trust and Endowment area including College farm and rental property.```{=html}
```- Update purchases and sales of security information for external reporting service, reconciling to internal balances monthly.- Complete monthly reconciliation of various accounts of the college, including but not limited to investments and gift activities.- Complete other related duties as assigned when bandwidth is available.
Approximately 25% of the Accounting Specialist's time and effort is associated with work for international students and contractors related to the College's current (i.e. operating) fund, including the following:
Assist the International Student and Scholar Support Services Office with training provided to international students in regards to the maintenance of their tax treaty profile information in the college's tax determination system, Sprintax Calculus.
Assist the Accounts Payable Manager by calculating the amount of taxes to be withheld for payments made to or on behalf of international students and contractors.
Assist in identifying treaty benefits and monitoring treaty limits for international students and contractors.
Remit taxes withheld for international students and contractors t