Senior Tax Accountant - Paramount Talent Partners

Overview:

The Senior Tax Accountant (Trust and Estates) plays a critical role in providing tax and accounting services for trusts and estates. This position is essential for ensuring compliance with tax laws and regulations, accurately preparing tax returns, and providing strategic tax planning advice. The Senior Tax Accountant will work closely with clients, attorneys, and financial advisors to provide comprehensive trust and estate tax services, helping to ensure the financial well-being of clients and their beneficiaries.

Key Responsibilities:

Manage the preparation and review of complex trust and estate tax returns

Provide tax planning and consulting services for trust and estate clients

Conduct comprehensive tax research and analysis on trust and estate tax issues

Review fiduciary accounting and financial statements for trusts and estates

Collaborate with clients, attorneys, and financial advisors to address tax and accounting matters

Ensure compliance with federal and state tax laws and regulations

Assist with trust and estate administration and distribution matters

Support the development of tax strategies to minimize tax liabilities for trusts and estates

Provide guidance on tax implications of estate planning and wealth transfer strategies

Participate in client meetings and effectively communicate tax-related insights

Assist with IRS and state tax authority audits and inquiries related to trusts and estates

Stay updated on changes in tax laws and regulations affecting trusts and estates

Contribute to the development and enhancement of tax processes and procedures

Keep accurate and detailed workpaper documentation for tax filings and planning

Collaborate with team members and contribute to a positive and productive work environment

Required Qualifications:

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

Certified Public Accountant (CPA) designation

5+ years of experience in trust and estate tax accounting

Proficient knowledge of tax laws and regulations related to trusts and estates

Experience with complex trust and estate tax returns and planning

Strong understanding of fiduciary accounting and financial reporting

Excellent analytical and problem-solving skills

Ability to effectively communicate and collaborate with clients and colleagues

Detail-oriented with a strong commitment to accuracy and quality

Ability to prioritize and manage multiple assignments while meeting deadlines

Proficiency in tax software and Microsoft Excel

Knowledge of estate planning and wealth transfer principles

Familiarity with IRS and state tax authority audit processes

Commitment to maintaining confidentiality and ethical standards in client matters

Continuous learning and professional development mindset