Senior Trust Tax Manager, Wealth Management

MidFirst Business Credit, Inc.; Denver (CO); Hybrid; USD 120,000 - 170,000; Full time

Benefits offered by this job

Medical coverage

Dental coverage

401(K) plan

Job summary

MidFirst Wealth Management in Denver, CO seeks a Trust Tax Manager to oversee the Trust Tax Group, ensuring accurate preparation and filing of tax documents for tax forms related to trusts and estates. This role coordinates with tax preparers and authorities and supports Wealth Management accounts.

Ideal candidates have advanced knowledge of tax laws, at least five years in trust and estate administration, and CPA or JD preferred; CTFA or CFP desirable.

Qualifications

• Bachelor’s Degree in Economics, Finance or Business Administration.
• Post-graduate work in accounting or law is preferable.
• CPA or JD preferred.
• Five years or more of working experience in trust and estate administration with emphasis on tax issues.
• Advanced knowledge of tax laws and regulations related to trusts and estates.
• Working knowledge of Microsoft Office and Windows operating environment.

Responsibilities

• Lead liaison to third party tax vendor to manage tax reporting function.
• Review tax reporting documents for completeness and accuracy prior to filings.
• Review tax documents to clients for completeness and accuracy before mailing.
• Maintain knowledge of tax laws related to estate and trust administration.
• Acquire knowledge of tax issues in handling moderately complex accounts.
• Review legal documents for compliance with tax regulations.
• Provide recommendations to management about changes to transaction processing and account maintenance.
• Educate and mentor Wealth Management staff regarding tax and related accounts.

Skills

Verbal communication

Written communication

Attention to detail

Multi-tasking

Client interaction

Confidentiality

Education

Bachelor’s Degree in Economics/Finance/Business

Post-graduate accounting or law

CPA or JD preferred

CTFA or other trust certification desirable

CFP

Tools

Microsoft Office

Windows OS

Tax reporting software

Job description

The Trust Tax Manager will oversee the work of the Trust Tax Group to ensure the complete, accurate and timely preparation and filing of tax documents for MidFirst Wealth Management (Forms: 1098, 1099-MISC, 1099-NEC, 1099-B, 1099-DIV, 1099-INT, 1099-R, 5227, 5498, 1041, 1042, 1042-S and 990PF). This includes but is not limited to: oversight and coordination of tax compliance for Wealth Management; and interaction and communication with the tax preparers and the taxing authorities, as well as MidFirst employees, regarding specific tax and account issues. The position also requires the research of specific account tax issues and must demonstrate an intermediate to advanced knowledge of taxlaws, regulations and processes relating to the products supported by Wealth Management. As needed, this position may assume additional account administration and research responsibilities to support Wealth Management and its clients.

Duties include but are not limited to:

• Serve as lead liaison to third party tax vendor to manage tax reporting function
• Reviewing tax reporting documents prior to filings with the taxing authorities for completeness and accuracy;
• Reviewing tax documents to be sent to clients for completeness and accuracy prior to mailing
• Maintain a current working knowledge of all tax laws and regulations related to the administration of estates, trust and investment accounts;
• Acquire and apply knowledge of tax issues in handling moderately complex accounts (e.g. irrevocable trusts, IRAs, distributing trusts, trust agency, etc.);
• Review legal documents, correspondence and forms and ensure compliance with tax regulations;
• Provide recommendations to management regarding changes to transaction processing and account maintenance to ensure more accurate reporting to the taxing authorities;
• Act as educator and mentor to Wealth Management and MidFirst employees regarding tax and related trusts, estate, and investment accounts.

Minimum education level necessary to perform this position:

• Bachelor’s Degree, preferably in Economics, Finance or Business Administration
• Post-graduate work in accounting or law is preferable

Other certifications/degrees:

• CPA or JD preferred
• CTFA or other trust certification desirable
• CFP

Work Experience of skills required to perform this position:

• Intermediate/Advanced knowledge of tax issues related to trust and estate services and applicable laws
• Five years or more of working experience in trust and estate administration, with emphasis on tax issues related to trust and estate administration
• Working knowledge of Microsoft Office and Windows operating environment
• Working knowledge of trust accounting and related systems
• Advanced proficiency in verbal and written communication
• Excellent attention to detail
• Ability to be effective under pressure
• Advanced ability to prioritize and multi-task
• Ability to professionally interact with all levels of employees and clients
• Ability to respect and hold confidential information
• Effectively work independently as required
• Establish priorities and follow through to completion
• Dependable, cooperative, flexible

Salary Range: $120,000.00 - $170,000.00. Compensation is aligned to experience, skills and education. The bank offers a comprehensive benefits package including medical, dental, and vision coverage; paid holidays, vacation, and sick leave; and 401(K) plan. Hours of paid leave may vary based on position.Ideally this position will be filled by September 30, 2026. If the position hasn't been filled, the date may be extended.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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