Tax Specialist Team Lead

Busey Bank; Bloomington (IL, 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 a dedicated team in delivering exceptional tax services. This role involves coordinating with various departments to ensure compliance with federal and state regulations while mentoring team members in best practices. The ideal candidate will possess strong communication skills, a deep understanding of tax laws, and the ability to manage multiple projects under pressure. Join a forward-thinking organization that values teamwork and professional growth in a dynamic environment.

Qualifications

• Experience in tax preparation and leadership roles.
• Strong understanding of federal and state tax laws.

Responsibilities

• Lead and mentor the Tax Team, ensuring timely tax reporting.
• Analyze tax information and prepare complex tax returns.

Skills

Strong communication skills

Federal and state tax laws and regulations

Tax software systems

Time and project management

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

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

• Meet regularly with Tax Specialists and Fiduciary Tax Team Lead to coordinate efforts and provide feedback.
• Maintain data on tax preparation volume, fees, costs, and growth for budgeting and team development.
• Develop and maintain processes to ensure tax reporting documents and payments are prepared and filed according to regulations and client service goals.
• Assign tax return preparation tasks to Tax Specialists based on their experience levels.
• Analyze tax information, input data, prepare, and review tax returns.
• Coordinate with Fiduciary Tax Team Lead to ensure timely provision of tax information for accounts with fiscal year-end.
• Oversee e-filing of tax returns and track filing statuses.
• Provide ongoing tax training to Wealth Advisors, Assistants, and other staff.
• Handle communication with federal and state taxing authorities to resolve client issues.
• Work with Wealth Advisors and Middle Office staff to ensure correct setup of new trusts/estates for tax reporting.

Education & Experience

• Knowledge of:
  • Strong communication skills
  • Federal and state tax laws and regulations
  • Tax software systems
  • Time and project management
• Abilities to:
  • Learn and operate tax preparation software
  • Coordinate communication among teams and clients during tax season
  • Prepare complex tax returns and research issues
  • Analyze numerical data
  • Work under time pressures and interruptions
  • Maintain concentration and attention for extended periods
  • Apply advanced technical concepts to solve problems
• Education and Training:
  • Bachelor's degree in Accounting or Finance
  • Knowledge of Microsoft Office; familiarity with Smartsheet is a plus
  • CPA or Enrolled Agent designation required
  • 5-10 years of prior tax preparation experience
  • 3-5 years of leadership experience