Trust Tax Administrator

MidFirst Bank; Denver (CO); On-site; USD 70,000 - 150,000; Full time

Benefits offered by this job

Medical, dental, and vision coverage

Paid holidays and vacation

401(k)

Job summary

MidFirst Bank is seeking a Trust Tax Administrator in Denver, Colorado. You will ensure accurate preparation and filing of tax documents, oversee tax compliance for Wealth Management, and interact with tax preparers and authorities.

The ideal candidate has a Bachelor's degree, CPA or JD preferred, and five years in trust and estate administration. This position offers a salary range of $70,000 to $150,000, along with comprehensive benefits including medical and 401(k).

Qualifications

• Bachelor's Degree preferred, preferably in Accounting, Finance or Business Administration.
• Intermediate/Advanced knowledge of tax issues related to trust and estate services and applicable laws.
• Five years or more of working experience in trust and estate administration.

Responsibilities

• Review tax reporting documents for completeness and accuracy.
• Keep current on all tax laws and regulations related to estates and trusts.
• Act as educator and mentor regarding tax and trusts.

Skills

Intermediate/Advanced knowledge of tax issues related to trust and estate services

Five years or more of working experience in trust and estate administration

Advanced proficiency in verbal and written communication

Excellent attention to detail

Ability to prioritize and multi-task

Education

Bachelor's Degree in Accounting, Finance or Business Administration

CPA or JD preferred

CTFA or other trust certification desirable

Tools

Microsoft Office

Trust accounting systems

Job description

The Trust Tax Administrator works to ensure the complete, accurate, and timely preparation and filing of tax documents for MidFirst Wealth Management (Forms: 1098, 1099-MISC, 1099-NEC, 1099-DIOB, 1099-R, 5227, 5498, 1041, 1042, and 990PF). This includes, but is not limited to, oversight and coordination of tax compliance for Wealth Management; interaction and communication with the tax preparers and the taxing authorities, and with MidFirst employees, regarding specific tax and account issues. The position also requires the research of specific account tax issues and must demonstrate an intermediate to advanced knowledge of tax laws, regulations and processes relating to the products supported by Wealth Management. As needed, the position may assume additional account administration and research responsibilities to support Wealth Management and its clients.

Responsibilities

• Reviewing tax reporting documents prior to filing with the taxing authorities for completeness and accuracy;
• Reviewing tax documents to be sent to clients for completeness and accuracy prior to mailing
• Keeping current on all tax laws and regulations related to the administration of estates, trust and investment accounts;
• Acquiring and applying knowledge of tax issues in handling moderately complex accounts (e.g., irrevocable, IRA, distributing trusts, trust agency, etc.);
• Reviewing legal documents, correspondence and forms and ensuring compliance with tax regulations;
• Providing recommendations to management regarding changes to transaction processing and account maintenance to ensure more accurate reporting to the taxing authorities;
• Acting as educator and mentor to Wealth Management and MidFirst employees regarding tax and related trusts, estate, and investment accounts.

Minimum Education Level

• Bachelor's Degree preferred, preferably in Accounting, Finance or Business Administration
• Post-graduate work in accounting or law is preferable

Certifications and Degrees

• CPA or JD preferred
• CTFA or other trust certification desirable

Experience and Skills

• Intermediate/Advanced knowledge of tax issues related to trust and estate services and applicable laws
• Five years or more of working experience in trust and estate administration, with emphasis on tax issues related to trust and estate administration
• Working knowledge of Microsoft Office and Windows operating environment
• Working knowledge of trust accounting and related systems
• Advanced proficiency in verbal and written communication
• Excellent attention to detail
• Ability to be effective under pressure
• Advanced ability to prioritize and multi-task
• Ability to professionally interact with all levels of employees and clients
• Ability to respect and hold confidential information
• Effectively work independently as required
• Establish priorities and follow through to completion
• Dependable, cooperative, flexible

Compensation and Benefits

Salary Range: $70,000.00 - $150,000.00. Compensation is aligned to experience, skills and education. The bank offers a comprehensive benefits package including medical, dental, and vision coverage; paid holidays, vacation, sick leave, and 401(k). Hours of paid leave may vary based on position. This position is anticipated to be filled by 10/1/26 and will be reposted if the position has not been filled.

Equal Employment Opportunity

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.