Vice President, Tax Reporting & Compliance

BNY; Pittsburgh (Allegheny County); On-site; USD 200,000 - 260,000; Full time

Benefits offered by this job

Annual incentive

401(k) plan

Medical insurance

Paid time off

Job summary

BNY Mellon is seeking a Vice President, Tax Reporting & Compliance for the Wealth Tax Team in Pittsburgh, PA. Lead all tax reporting and compliance functions for wealth accounts and collaborate with internal teams and external vendors.

The role requires senior-level expertise in fiduciary tax, Form 1041, 706, GST exemptions, and strong communication skills to guide junior colleagues and coordinate with auditors.

Qualifications

• Bachelor's degree in Accounting, Finance, or related field or equivalent.
• Typically 5–10 years of relevant experience.
• Strong analytical and problem‑solving skills for complex tax issues.
• Excellent communication and interpersonal skills with stakeholders.
• Proficiency in tax software and Microsoft Office, especially Excel.

Responsibilities

• Lead tax reporting and compliance functions for wealth accounts.
• Develop and maintain control-oriented operating functions for onboarding and tax setup.
• Assess tax implications of events and ensure accurate treatment.
• Coordinate with wealth tax vendor and audit activities.
• Review fiduciary returns and ensure alignment of deductions and elections.
• Proactively pursue refunds and negotiate penalties where applicable.
• Serve as primary liaison for audits, notices, and external advisors.
• Design procedures, checklists, and dashboards for filings and tracking.

Skills

Analytical skills

Communication skills

Microsoft Excel

Tax software

Financial analysis

Education

Bachelor's degree in Accounting, Finance, or related field

Tools

Microsoft Excel

Tax software

Job description

Job Summary

Vice President, Tax Reporting & Compliance – Wealth Tax Team, Pittsburgh, PA. Lead all tax reporting and compliance functions for wealth accounts.

Responsibilities

• Help develop and maintain control-oriented operating functions that support Wealth account onboarding, tax setup, tax reporting readiness, fiduciary tax administration, and oversight of key vendor-supported tax activities.
• Assess tax implications of key events (e.g., beneficiary death) across all applicable tax reporting areas; ensure timely updates and accurate treatment.
• Facilitate effective communication and coordinate client-related matters with the designated Wealth tax vendor.
• Participate in quality reviews of tax vendor deliverables during peak tax periods; provide feedback and drive corrections.
• Review tax information for prospective trust clients to support rationale to accept the relationship.
• Maintain robust monitoring of distributions and taxable terminations; coordinate or review filings (e.g., Form 706, Schedule R/RS and applicable returns) and ensure proper application of GST exemptions and allocations.
• Support or review fiduciary income tax returns (Form 1041) where estate tax positions impact income tax reporting; ensure alignment of deductions, basis, and elections across filings.
• Proactively pursue outstanding refunds from IRS and state authorities; draft advocacy letters, and negotiate penalties through documentation and negotiation.
• Serve as primary liaison for audits, notices, and controversies; gather documentation, prepare responses, coordinate with external advisors, and negotiate favorable resolutions.
• Design, document, and refine procedures, checklists, controls, and dashboards for filings, tracking, address changes, successor trustee intake, and state open remainders; eliminate duplicative steps and reduce cycle time.
• Maintain strong risk culture with timely escalation of issues; ensure complete, accurate, and timely filings; monitor vendor performance; implement controls aligned to policy and regulatory expectations.
• Partner with Wealth colleagues across regions; join client/advisor calls to explain tax positions, payment protocols, protective claims, and settlement strategies.
• Provide guidance to junior colleagues on tax or regulatory calculations for complex or unprecedented circumstances.
• This role has no direct reports.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field or equivalent combination of education and experience.
• Typically 5-10 years of relevant experience.
• Strong analytical and problem‑solving skills to address complex tax issues.
• Excellent communication and interpersonal skills to collaborate effectively with internal and external stakeholders.
• Proficiency in tax software and Microsoft Office, particularly Excel, to manage and analyze data efficiently.

Benefits

BNY offers a competitive total rewards package that includes a base salary, an annual discretionary incentive award, a 401(k) plan, and medical, dental, vision, and basic life insurance. Other benefits include paid vacation, sick time, paid volunteer time, and other paid time off benefits. Employee pay is determined at the location level and may vary based on market conditions and individual qualifications.

BNY is an Equal Employment Opportunity/Affirmative Action Employer covering underrepresented racial and ethnic groups, females, individuals with disabilities, and protected veterans.