Tax Manager, Personal Tax Services

WSFS Bank; Devon (PA); On-site; USD 92,869 - 152,569; Full time

Benefits offered by this job

Medical/Dental/Vision

401(k) Plan

Life/Disability Insurance

FSAs & HSAs

Wellness programs

Paid parental leave

Job summary

Bryn Mawr Trust, a WSFS Company, seeks a Tax Manager, Personal Tax Services, to prepare complicated trust and individual tax returns and to oversee tax reporting for investment management accounts.

The role requires 7+ years of trust tax experience, 3+ years of management, and credentialed status (EA/CPA/JD). Salary range and benefits reflect a senior position within WSFS Bank’s family.

Qualifications

• Bachelor’s degree in Accounting or Business-related field.
• Masters in taxation or LLM preferred.
• 7+ years of trust tax experience.
• 3+ years of management experience including secondary review of complex tax returns.
• Credentialed tax professional- EA, CPA, or JD.
• Excellent PC skills with the ability to operate in multiple processing systems.
• Demonstrated oral and written communication skills with clients, advisors, and authorities.
• Ability to analyze complex trust agreements or wills and apply the appropriate tax compliance requirements.

Responsibilities

• Apply federal, state and local tax laws to ensure all tax compliance and filing requirements are timely completed for assigned investment management, trust and individual accounts/clients.
• Collect and maintain client tax-related materials.
• Timely communication and filing of client tax returns.
• Work directly with advisors on their client matters and tax preparation process.
• Maintain a current review of assigned account transactions for accurate tax code assignments and account coding.
• Review new account opening documentation and validate the appropriate coding in the trust accounting and tax system.
• Review closing account documentation to determine tax reserves needed for payment of federal, state, and local income taxes and tax service fees.
• Respond to and resolve notices received by federal, state and local taxing authorities.
• Stay current with tax law changes and application to assigned accounts.
• Additional responsibilities as required.
• Support the mission, strategy, and values of BMT by promoting the company’s services to clients and prospects.

Skills

Tax research

Client communication

Tax return preparation

Management experience

Analytical skills

Education

Bachelor’s degree in Accounting or Business-related field

Masters in taxation or LLM preferred

Credentialed tax professional- EA, CPA, or JD

Job description

Job Description

Bryn Mawr Trust, a WSFS Company, provides locally managed and collaborative wealth management solutions, including a broad array of planning and advisory services, investment management, trust and estate planning, brokerage and investment services to individual, corporate, and institutional clients through multiple integrated businesses.

The Tax Manager, Personal Tax Services, will be responsible for the preparation of complicated trust and individual federal, state and local tax returns, as well as tax reporting for investment management accounts. The incumbent will research tax issues and collaborate with clients, wealth advisors, portfolio managers and other tax department colleagues to resolve tax issues and notices.

Job Responsibilities

• Apply federal, state and local tax laws to ensure all tax compliance and filing requirements are timely completed for assigned investment management, trust and individual accounts/clients.
• Collect and maintain client tax-related materials.
• Timely communication and filing of client tax returns.
• Work directly with advisors on their client matters and tax preparation process.
• Maintain a current review of assigned account transactions for accurate tax code assignments and account coding.
• Review new account opening documentation and validate the appropriate coding in the trust accounting and tax system.
• Review closing account documentation to determine tax reserves needed for payment of federal, state, and local income taxes and tax service fees.
• Respond to and resolve notices received by federal, state and local taxing authorities.
• Stay current with tax law changes and application to assigned accounts.
• Additional responsibilities as required.
• Support the mission, strategy, and values of BMT by promoting the company’s services to clients and prospects.

Minimum Qualifications

• Bachelor’s degree in Accounting or Business-related field.
• Masters in taxation or LLM preferred.
• Must have 7+ years of trust tax experience.
• Must have a minimum of 3 years of management experience including secondary review of complex tax returns.
• Credentialed tax professional- EA, CPA, or JD.
• Must have excellent PC skills with the ability to operate in multiple processing systems.
• Must have demonstrated oral and written communication skills necessary in the communication with clients, advisors, and outside taxing authorities.
• Must have the ability to analyze complex trust agreements or wills and apply the appropriate tax compliance requirements and standards.

WSFS Bank will only consider candidates who are presently authorized to work for any employer in the United States and who will not require work visa sponsorship from WSFS Bank now or in the future in order to retain their authorization to work in the United States.

Salary Range: $92,869.00 - $152,569.00 Individual base pay may vary on additional factors such as the candidate’s experience, job-related skills, relevant education, geographic location, and other specific business and organizational needs.

In addition to base salary, WSFS Financial Corporation (WSFS) and its subsidiaries may offer eligible Associates discretionary and formula-based incentive and retention awards.

WSFS provides a competitive benefits package, which includes medical, dental, and vision coverage; a 401(k) plan; life, accident, and disability insurance; flexible spending accounts (FSAs) and health savings accounts (HSAs); and wellness programs.

• medical, dental, and vision coverage
• a 401(k) plan
• life, accident, and disability insurance
• flexible spending accounts (FSAs) and health savings accounts (HSAs)
• wellness programs

Additional benefits may include paid parental leave, military leave, vacation and other paid time off, sick leave in accordance with applicable state laws, and paid holidays.

• paid parental leave
• military leave
• vacation and other paid time off
• sick leave in accordance with applicable state laws
• paid holidays

Benefit offerings are subject to eligibility requirements, legal limitations, and may vary based on an Associate’s location and employment status. For more information about Associate benefits, please visit https://www.wsfsbank.com/about/careers/

WSFS Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the WSFS Bank Careers website or submission process, please contact us via email at [e-mail]. WSFS is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

At WSFS Bank we empower our Associates to forge the careers of their dreams, we guide our Customers to secure their financial futures, and we actively support our Communities so they can fully thrive. We know that when we work together and move forward with purpose a brighter path to the future lies ahead for our Associates, our Customers, and the Communities we serve.

WSFS Financial Corporation (WSFS) is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally-headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of March 31, 2023, WSFS Financial Corporation had $20.3 billion in assets on its balance sheet and $65.6 billion in assets under management and administration.

WSFS operates from 119 offices, 92 of which are banking offices, located in Pennsylvania (61), Delaware (39), New Jersey (17), Virginia (1) and Nevada (1) and provides comprehensive financial services including commercial banking, retail banking, cash management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments.

Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name.