Fiduciary Tax Advisor

Glenmede Trust Co•Philadelphia, PA

3d•Hybrid

About The Position

The primary function of a Fiduciary Tax Advisor is to support the Outsourced tax preparation of trust tax returns, review trust tax returns and provide other information to serve Glenmede’s clients. This position will have responsibility for reviewing tax returns for numerous trust entities and providing fiduciary tax advice. This position will operate in a hybrid work environment, 1 day per week in the office, or up to 3 days as needed (Philadelphia, PA).

Requirements

Bachelor’s degree required.
Three to five years’ experience of specific experience in the taxation and reporting of trusts.

Nice To Haves

CPA or EA preferred.
Ability to clearly explain complex tax concepts orally and in writing.
Excellent knowledge of Excel and ability to learn new computer software quickly.
Ability to effectively prioritize and manage competing demands in a fast-paced, time-sensitive environment.
Strong interpersonal skills with the ability to engage thoughtfully and effectively with high-net-worth clients, trustees, intermediaries, and colleagues.

Responsibilities

Review Federal and state fiduciary income tax returns.
Respond to inquiries from internal colleagues and Outsource provider.
Assist with trust document review and determination of fiduciary income tax filing requirements.
Responsible for review and adjustments to reporting of investment account transactions throughout the year, including additions, distributions, and complex investment activity.
Monitor changes in laws for trust entities, communicating those changes within Glenmede and externally.
Provide timely and proactive planning advice both orally and in writing, including year-end and 65 Day election planning, tax estimate calculations and planning; respond to client inquiries and questions in timely and clear manner.
Respond to tax authority notices on behalf of trust entities.
Develop a strong knowledge of Tax functions, policies, procedures, and best practices.
Participate in special projects and identify process improvements.
Carry out other duties and responsibilities as assigned and carry out all responsibilities in compliance with company policies, procedures and practices.