Tax Specialist Team Lead

Busey Bank; Carmel (IN); On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Tax Specialist Team Lead to guide and mentor a dedicated Tax Team. This pivotal role involves ensuring timely tax reporting, preparing various tax returns, and collaborating closely with Wealth Advisors and Family Office personnel. The ideal candidate will possess a strong background in tax regulations and leadership, along with excellent communication and project management skills. Join a dynamic environment where your expertise will directly impact client service and team development, making a meaningful difference in the lives of clients and colleagues alike.

Qualifications

• 5-10 years of tax preparation experience with leadership skills.
• Knowledge of federal and state tax laws and regulations.

Responsibilities

• Lead and mentor the Tax Team while coordinating with Fiduciary Tax Team Lead.
• Prepare trust, individual, and charitable tax returns.

Skills

Strong communication skills

Federal and state tax laws

Project management skills

Analytical skills

Education

Bachelor's degree in Accounting or Finance

CPA or Enrolled Agent designation

5-10 years of prior tax preparation experience

3-5 years of leadership experience

Tools

Microsoft Office

Tax preparation software

Smartsheet

Job description

Position Summary

The Tax Specialist Team Lead is responsible for daily leadership and mentoring of the Tax Team while coordinating with the Fiduciary Tax Team Lead. This includes ensuring tax reporting is completed in a timely manner, preparing trust, individual, and charitable tax returns, interacting with Wealth Advisors and Family Office personnel on tax-related matters, and maintaining the tax preparation systems.

Duties & Responsibilities

1. Meet regularly with Tax Specialists and Fiduciary Tax Team Lead to coordinate efforts and provide feedback.
2. Maintain data on tax preparation volume, fees, costs, and growth for budgeting and team development.
3. Develop and maintain processes to ensure tax reports and payments are prepared and filed according to regulations and client service standards.
4. Assign tax return preparation tasks to Tax Specialists based on their experience levels.
5. Analyze tax information, input data, and review return outputs for all types of tax returns.
6. Coordinate with Fiduciary Tax Team Lead for timely provision of tax information for accounts with fiscal year-end.
7. Oversee e-filing of tax returns and monitor their status.
8. Provide ongoing tax training to Wealth Advisors, Assistants, and other staff.
9. Handle communications with federal and state tax authorities to resolve issues for clients.
10. Collaborate with Wealth Advisors and Middle Office staff to ensure correct setup of new trusts and estates for tax reporting.

Education & Experience

• Knowledge of:
  • Strong communication skills (oral and written)
  • Federal and state tax laws and regulations
  • Sophisticated software systems
  • Excellent time and project management skills
• Ability to:
  • Learn and operate tax preparation software for trust and personal returns
  • Coordinate communication among Wealth Advisors, Tax Team, and clients during tax season
  • Prepare complex tax returns and research tax issues
  • Analyze and interpret numerical data
  • Perform under time pressures and interruptions
  • Maintain focus and attention for extended periods
  • Apply advanced and technical tax concepts to solve problems
• Education and Training:
  • Bachelor's degree in Accounting or Finance
  • Proficiency in Microsoft Office; knowledge of Smartsheet preferred
  • CPA or Enrolled Agent designation required
  • 5-10 years of prior tax preparation experience
  • 3-5 years of leadership experience