Tax Specialist

ABOC; Chicago (IL); On-site; USD 45,000 - 55,000; Full time

Benefits offered by this job

Competitive compensation package

Full health insurance (medical, dental and vision)

401(k)

Life insurance

Education Assistance

Paid Vacation Days

Employee Assistance Program

Opportunities for advancement

Community Service Opportunities

Job summary

A financial services organization in Chicago is seeking an Entry-level Tax Specialist to ensure timely tax remittance and compliance with federal and state regulations. The ideal candidate will have experience in banking or a related field with strong proficiency in Microsoft Excel. This full-time role offers competitive compensation and a comprehensive benefits package, including health insurance and 401(k) options.

Qualifications

• Minimum two (2) years of banking experience or a bachelor's degree in finance or related field required.
• Proficiency in Microsoft Excel required.
• Prior experience in banking, trust operations, or financial services preferred.

Responsibilities

• Ensure timely remittance of all federal and state withholding.
• File regulatory reports as required by laws.
• Support reconciliation and processing of tax forms.
• Reconcile monthly federal and state tax reports.
• Coordinate tax report delivery for clients.
• Keep updated on regulatory changes affecting tax.

Skills

Proficiency in Microsoft Excel

Analytical skills

Communication skills

Attention to detail

Problem-solving skills

Education

High school diploma or bachelor's degree in finance or related field

Job description

This range is provided by ABOC. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$45,000.00/yr - $55,000.00/yr

For over 100 years, ABOC has fostered deep ties to our customers and our community, serving the banking needs of countless businesses, organizations, institutions, and individuals, many for multiple generations. These relationships are based on profound trust, in-depth understanding and highly personal and responsive service provided by our experienced bankers.

We take tremendous pride in being a great place to work! We value the contributions our employees bring to the table every day. We work hard to nurture and maintain a mutually respectful, diverse culture that fosters teamwork and a commitment to exceptional customer service.

ABOC is hiring a Tax Specialist. The individual in this position will serve as a tax specialist remitting, filing and maintaining various revenue regulatory reports within the Institutional Trust area.

Responsibilities

• Responsible for ensuring that all federal withholding and state withholding is remitted per payment cycle timely.
• Responsible for filing regulatory reports as outlined by state and federal regulations.
• Support the reconciliation and processing of various tax forms (1099R’s, 1099 INT, 1099 Misc.)
• Reconcile monthly federal and state reconciliation
• Coordinates delivery of tax reports for Personal Trust and various trust clients with their tax professionals.
• Keeps abreast of related issues and new developments, policies and laws concerning state and federal changes affecting employee benefits through review of various publications and materials.
• Performs other related duties as assigned.

Required education, experience and skills

• High school diploma with a minimum of two (2) years of banking experience or a bachelor’s degree in finance, Business, or a related field (required)
• Proficiency in Microsoft Excel, including data entry, reconciliation, and reporting functions (required)
• Prior experience in banking, trust operations, or financial services (preferred)
• Administrative experience with strong attention to detail and organizational skills (preferred)
• Ability to meet deadlines in a fast-paced environment while maintaining a high level of accuracy
• Strong analytical, problem-solving, and communication skills

Benefits

• Competitive compensation package
• Full health insurance (medical, dental and vision)
• 401(k)
• Life insurance
• Education Assistance
• Paid Vacation Days
• Employee Assistance Program
• Opportunities for advancement
• Community Service Opportunities

We are an equal opportunity employer and value diversity, equity, and inclusion at our company. We do not discriminate based on any protected category. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Seniority level: Entry level

Employment type: Full-time

Job function: Accounting/Auditing and Finance

Industries: Banking and Financial Services