Trust Tax Administrator

Associated Bank

105d • $22 - $37

About The Position

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you. Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires.

Requirements

• Bachelor's Degree or equivalent combination of education and experience in Accounting or Business Administration.
• 2-4 years of Tax/Accounting experience required.
• 4-6 years of Tax/Accounting experience preferred.

Responsibilities

• Provide accurate and timely tax information to customers.
• Assist in the collection of tax information necessary for proper reporting of tax information to customers and to federal and state authorities.
• Act as a liaison between Associated colleagues and tax preparer.
• Assist Trust Tax team members to file all federal and state income tax returns, pay tax balances due, collect tax refunds and process federal and state estimated tax payments in a timely manner.
• Provide superior service to our internal and external customers.
• Courteously and professionally respond to requests for information on tax matters.
• Educate and train new hires on trust tax software.
• Review daily transaction reports of selected transactions to check accuracy.
• Review and update tax codes used to process transactions, as needed.
• Contact Trust Operations, Relationship Managers or Administrative staff if additional information is needed.
• Monitor and track tax matters that require attention before completion of an account’s tax return.
• Review written correspondence from federal and state tax authorities related to customer accounts.
• Research issues and respond by writing a letter to the Tax Authority.
• Maintain record of all tax notices and review pending tax notices monthly.
• Monitor and track the timely filing of tax returns to federal and state tax authorities.
• Assemble and mail returns to federal and state tax authorities including handling 1099s, schedule K-1s, etc.
• Prepare and submit request for Prompt Assessments to IRS for account closings.
• Keep informed of new developments, policies and laws concerning fiduciary and estate taxation.
• Coordinate payment of federal and state fiduciary taxes.
• Review and update list of foreign account beneficiaries.
• Prepare monthly report of sales and purchases of limited partnership units.
• Review and match 1099s, K-1s and related tax information received from outside sources.

Benefits

• Retirement savings including both 401(k) and Pension plans.
• Paid time off to volunteer in your community.
• Opportunities to connect with others through our diversity-focused Colleague Resource Groups.
• Competitive salaries with professional development and advancement opportunities.
• Bonus benefits including well-being programs and incentives, parental leave, an employee stock purchase plan, military benefits and much more.
• Personal banking, loan, investment and insurance benefits.

What This Job Offers

• Job Type: Full-time
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees