Fiduciary Accountant

WhiteCap Search; New York (NY); On-site; USD 120,000 - 160,000; Full time

Job summary

WhiteCap Search seeks a Fiduciary Accountant to manage fiduciary accounting and tax compliance for trusts and estates in the United States, with emphasis on accuracy and timely reporting. You will prepare Form 1041, 706, and 709, and collaborate with attorneys, trustees, and beneficiaries.

The role involves reconciling trust activity, allocating income and distributions, and supporting wealth transfer planning. A law-firm setting experience is preferred.

Qualifications

• 8 years of fiduciary tax and accounting experience, preferably in a law firm or legal environment.
• Deep understanding of trust accounting standards (IOLTA, SRA Rules, Law Society).
• ProSystem or GoSystem tax software proficiency.

Responsibilities

• Prepare and file fiduciary tax returns (Form 1041, 706, 709).
• Manage fiduciary accounting for trusts and estates in IRS compliance.
• Collaborate with attorneys, trustees, and beneficiaries to gather information and report findings.
• Reconcile trust activity and ensure accurate allocation of income, principal, deductions, and distributions.
• Support tax planning strategies for wealth transfer, charitable giving, and estate administration.

Skills

Fiduciary tax

Trust accounting standards

Legal collaboration

Tax planning support

Education

Bachelor’s degree in Accounting/Finance

Tools

ProSystem

GoSystem

Job description

Join Whitecap Search as a Fiduciary Accountant, where you'll play a crucial role in managing fiduciary accounting and tax compliance for trusts and estates.

Function

Prepare and file fiduciary tax returns, including Form 1041, Form 706, and Form 709. Manage fiduciary accounting for irrevocable and revocable trusts, estates, and related entities in compliance with IRS regulations and client goals. Collaborate with attorneys, trustees, and beneficiaries to gather tax-related information and deliver clear, timely reporting. Reconcile trust activity and ensure accurate allocation of income, principal, deductions, and distributions. Support and implement tax planning strategies for wealth transfer, charitable giving, and estate administration.

Requirements

• 8 years of fiduciary tax and accounting experience, preferably within a law firm or legal environment.
• Bachelor’s degree in Accounting, Finance, or related field.
• Deep understanding of legal trust accounting standards, including IOLTA, SRA Rules, and Law Society guidelines.
• Proficiency with ProSystem or GoSystem tax software.

Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.