U.S. Bank Tax Manager 3 - Fiduciary & Individual Tax Manager for Trust Tax in Cincinnati, Ohio
Strong working knowledge of fiduciary income tax returns (1041, 990-PF, 5227)
Strong working knowledge of individual income tax returns (1040, some knowledge of estates)
Proper reporting related to 1099DIOB and MISC forms
Processing and reporting of federal and state tax payments
Working knowledge of various IRS notices (penalties, audits, abatements), and communication with other tax revenue authorities
General knowledge related to taxation of trust assets (stocks, bonds, partnerships, farms, etc.)
Perform account reviews for taxability and reporting of account types, transactions, sales, cost basis, etc.
Tax Preparation and Review:
Prepare a variety of tax returns (approximately 100) including trusts, individuals, foundations, 1099s throughout the year
Preparation, review and tracking of fiduciary, individual, trust estates, charities, etc.
In-depth and cursory reviews of several hundred returns as prepared by internal staff, external CPAs and through our outsourced relationship with our tax vendor
Provide tax support and liaise with our tax vendor in an outsourcing arrangement
Review trust instruments for domiciliary tax assignment and proper tax reporting
Complete analysis of trusts with generation skipping tax eligibility
Provide statistical analyses related to work performed to management
Client Service and Management:
Ability to address tax-related questions and issues affecting clients, relationship managers, and vendors requiring immediate attention
This role requires a can-do attitude and excellent client service skills, both written and verbal, and deliver results quickly and accurately to our clients.
The candidate must have solid, but versatile, leadership skills managing a small tax-technical liaison team and an indirect outsourced tax team through our vendor
The candidate must have demonstrated ability in being approachable and flexible in working with stakeholders and colleagues at all experience levels.
General knowledge of fiduciary tax operations, including trusts, charitable accounts, and estates
Processing and maintenance of tax fees for various account types.
Bachelor of Science degree in Accounting or Finance
CPA or Enrolled Agent (EA) preferred
10 years of related fiduciary and individual tax preparation experience, preferably within a financial services environment.
Highly-preferred system knowledge: SEI Trust3000, OneSource Trust Tax (formerly TrustEase or Fast-Tax)
Preferred system knowledge: MS Access, SQL, general database queries
Strong system knowledge required: Excel, PowerPoint
If working from home: a dedicated WFH workspace conducive to successful full-time employment in a
Job: Accounting / Finance
Primary Location: Ohio-OH-Cincinnati
Shift: 1st - Daytime
Average Hours Per Week: 40
Requisition ID: 180034191
Other Locations: Massachusetts-MA-Home-based, Ohio-OH-Cincinnati, Ohio-OH-Home-based, Missouri-MO-Home-based
U.S. Bank is an Equal Opportunity Employer committed to creating a diverse workforce.
U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.