What are the responsibilities and job description for the Senior Tax Accountant position at Gateway Search Associates?
Job Description
Job Description
If you're looking to join a collaborative team and make a direct impact on client success while advancing your tax career, we'd love to hear from you!
We are seeking an experienced Senior Tax Accountant to join our client's dynamic Operations department. In this role, you will be responsible for preparing and assisting in the preparation and review of Fiduciary Income Tax Returns, while managing the tax records for the trusts where our client serves as trustee. Reporting to the Tax Manager, Senior Tax Manager, Director, or Senior Director of Tax, you will play a key role in ensuring our clients receive exceptional service while managing risk.
As part of the Operations department, you will be integral in ensuring the company meets its fiduciary responsibilities, particularly in trust taxation and accounting. Your work will help ensure that client goals are achieved with minimal risk, all while delivering top-tier service. This position offers leadership opportunities, including the training and development of staff and providing guidance on tax-related matters across the organization.
- Review / prepare annual tax reporting forms required by various trusts, including, but not limited to Form 1041 : Fiduciary Income Tax Return and related state income tax forms
- Review / prepare other tax forms as needed, relating to distributions, gifts, estate, and generation skipping taxes for the trust and its beneficiaries
- Review / prepare tax return extensions and estimated tax payments
- Address income tax preparation issues, such as taxable income and expense allocations, specific deductions and miscellaneous itemized deductions, income distribution deduction calculation, relation of principal and income law regarding distributable net income, and the treatment of capital gains and losses
- Communicate and cultivate relationships with Trust Administrators, Trust Accountants, Legal Counsel and others to address issues relating to trusts and their respective beneficiaries
- Develop and maintain open and professional communication with clients and other third-party support service providers such as CPAs and Legal Counselors
- Research and prepare tax memorandums supporting material tax positions
- Support and contribute to the establishment of meaningful, effective and efficient tax processes and procedures for filing complete, accurate and timely tax return; Follow and adhere to Company established procedures, steps and guidelines for preparing and reviewing returns
- Mentor and share tax knowledge with others, both within the department and across teams
- Special projects and other duties as assigned
Requirements
