Tax Specialist Team Lead

Busey Bank; Fort Worth (IL, TX); On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Tax Specialist Team Lead to provide daily leadership and mentoring to the Tax Team. This role involves coordinating tax reporting, preparing various tax returns, and collaborating with Wealth Advisors. You will play a crucial part in ensuring compliance with regulations while fostering team development. This is an excellent opportunity for someone with a strong background in tax preparation and leadership to make a significant impact in a dynamic environment.

Qualifications

• Strong communication skills and knowledge of federal/state laws.
• Ability to prepare complex tax returns and research tax issues.

Responsibilities

• Lead and mentor the Tax Team while ensuring timely tax reporting.
• Oversee e-filing of tax returns and provide ongoing training.

Skills

Communication Skills

Federal and State Laws

Tax Software Systems

Time Management

Project Management

Education

Bachelor's Degree in Accounting or Finance

CPA or Enrolled Agent Designation

5-10 Years of 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 timely completion of tax reporting, 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 Levels I, II, and III based on experience.
• Analyze tax information, input data, and review return outputs for all tax types.
• 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 associates.
• Handle communications with federal and state taxing authorities regarding client issues.
• Collaborate with Wealth Advisors and Middle Office staff to correctly set up new trusts and estates for tax reporting.

Education & Experience

• Knowledge of:
• Strong communication skills (oral and written)
• Federal and state laws and regulations
• Tax software systems
• Time and project management

• Ability to:
• Learn and operate tax preparation software for trusts and personal returns
• Coordinate communication among Wealth Advisors, Tax Team, and clients during tax season
• Prepare complex tax returns and research tax issues
• Analyze numerical data
• Work effectively under interruptions and time pressures
• Maintain focus for extended periods
• Apply advanced technical 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