Fiduciary Tax and Accounting Associate

Ohana Fiduciary Corporation; Seattle (WA); On-site; USD 55,000 - 75,000; Full time

Job summary

Ohana Fiduciary Corporation seeks a detail-oriented accounting assistant to prepare fiduciary income tax returns (Form 1041) and beneficiary returns (1040), process 1099s, and set up new clients and assets in the accounting system.

You will enter financial transactions, reconcile accounts, and work with the team to ensure compliance with standards and laws. A Bachelor's degree and proficiency with Microsoft Office are required; fiduciary tax experience is preferred.

Qualifications

• Bachelor's degree required.
• Basic understanding of accounting and financial concepts.
• Experience working with accounting systems.
• Proficient with Microsoft Office Suite & Teams.
• Excellent interpersonal skills and professional demeanor.
• Excellent organizational and time management skills as well as the ability to multi-task with flexibility.
• The ability to learn and adapt to company procedures and principles.
• Be a team player, which includes the ability to effectively communicate, coordinate tasks, and actively listen to others.

Responsibilities

• Prepare fiduciary income tax returns (Form 1041 for trusts and estates) and beneficiary tax returns (Form 1040 for individuals).
• Process annual 1099 tax reporting forms.
• Setup of new clients in accounting system.
• Setup of assets in accounting system.
• Enter financial transactions from investment and bank records.
• Enter deposit transactions from electronic deposit records.
• Submit check deposits utilizing remote deposit scanner and enter transactions.
• Print and reconcile annual client statements and process edits and corrections as needed.
• Collaborate with the accounting department and other company personnel to help with processing financial transactions.
• Perform timely and accurate accounts reconciliation.
• Detect problems and discrepancies in accounting procedures or related documentation and develop measures to resolve them.
• Ensure compliance with established standards, procedures and applicable laws.

Skills

Basic accounting concepts

Interpersonal skills

Time management

Team player

Communication

Multi-tasking

Adaptability

Education

Bachelor's degree

Tools

Microsoft Office

Teams

Job description

Responsibilities

• Preparation of fiduciary income tax returns (Form 1041 for trusts and estates) and beneficiary tax returns (Form 1040 for individuals)
• Process annual 1099 tax reporting forms
• Setup of new clients in accounting system
• Setup of assets in accounting system
• Enter financial transactions from investment and bank records
• Enter deposit transactions from electronic deposit records
• Submit check deposits utilizing remote deposit scanner and enter transactions
• Print and reconcile annual client statements and process edits and corrections as needed
• Collaborate with the accounting department and other company personnel to help with processing financial transactions
• Perform timely and accurate accounts reconciliation
• Detect problems and discrepancies in accounting procedures or related documentation and develop measures to resolve them
• Ensure compliance with established standards, procedures and applicable laws

Skills & Qualifications

Required:

• Bachelor's degree
• Basic understanding of accounting and financial concepts
• Experience working with accounting systems
• Proficient with Microsoft Office Suite & Teams
• Excellent interpersonal skills and professional demeanor
• Excellent organizational and time management skills as well as the ability to multi-task with flexibility
• The ability to learn and adapt to company procedures and principles
• Be a team player, which includes the ability to effectively communicate, coordinate tasks, and actively listen to others

Preferred:

• Experience with preparing tax returns
• Experience with fiduciary services, whether personal or professional
• Individual seeking career within the fiduciary industry.