Trust Tax Associate
Trust Tax Associate
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Responsible for interpretation and application of Internal Revenue Service (IRS) tax regulations to client accounts. Responsible for coordinating all tax reporting with Trust Company associates. Act as primary service partner liaison with CPAs for preparation and filing of various tax forms including processing of taxes due and refunds.
Essential Duties and Responsibilities:
Assure compliance with tax related issues
Apply policies procedures regulations etc. to assure compliance with tax regulations and management of tax liability oversight/control
Review various tax forms 1041 W8 Wetc. prepared by service partners
Provide support for inquiries regarding various tax forms and coordinate or provide resolution within guidelines of IRS regulations
Research analyze and reconcile items including communication with the IRS for escalated tax and processing issues
Prepare communicate and process various reports relating to tax payments tax fees and cash requirements
Develop/cultivate networking contacts with peers and service partners
Identify and communicate resource needs for systems and workflow changes required to meet continuing objectives for business regulators and compliance
Perform other duties and projects as assigned.
Knowledge Skills and Abilities:
Knowledge of:
Accounting and tax reporting concepts practices and procedures including but not limited to fiduciary income tax federal and state death tax individual income tax and generation skipping tax
Working knowledge of trust documents and wills/codicils as pertains to fiduciary income tax
Fundamental investment concepts practices procedures and tax reporting infrastructure in the securities industry
Microsoft Office products
Various job functions within the department
Skills in:
Ability to conduct research independently
Ability to create and edit correspondence and documentation
Gathering and compiling information in relevant and efficient terms
Ability to prioritize and multitask competing objectives in a processing servicedriven and deadlineoriented environment
Effective customer service interpersonal problemsolving planning/organizational oral/written communications and administrative skills to interact with all levels of management other associates and counterparts at other firms
Ability to:
Operate standard office equipment and using required software applications to produce correspondence reports electronic communication spreadsheets and databases
Make administrative and procedural decisions and judgments
Detailed oriented and selfdriven
Educational/Previous Experience Recommendations:
Four year degree in Accounting Business or equivalent
Two to three years relevant experience in trust industry tax preparation or an equivalent combination of education and/or experience preferred
Licenses/Certifications:
CPA EA Preferred but not required.
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Baird is committed to diversity and provides employment opportunities to all employees and applicants for employment without regard to race color religion sex pregnancy citizenship national origin age disability military service veteran status sexual orientation gender identity or expression genetic information or any other status protected by law.
Required Experience:
IC
Employment Type
Full-Time
