Senior Lead Analyst - Taxation

Company: IT Services Organization

Key Skills: Taxation, Tax Operation

Roles and Responsibilities:

• Prepare 1041, 990, and tax-exempt entity tax returns.
• Analyze and resolve all questions or problems that may arise associated with the returns and tax filings.
• Possess a working knowledge of all types of investment assets, including but not limited to, alternatives, derivatives, foreign securities, equities, fixed income, mutual funds, exchange-traded funds, and master limited partnerships.
• Review trusts and private foundations quarterly to make the most tax beneficial estimated tax payments.
• Work with the FIS accounting system and OneSource tax software to manage tax processing and prepare tax returns and filings.
• Demonstrate a high level of proficiency in tax technical knowledge.
• Work with internal Trust Operations departments to identify, correct, or improve operational processes and procedures related to the processing of tax returns.
• Respond to correspondence from the Internal Revenue Service and various state tax authorities regarding issues or examinations arising from the preparation of tax returns or other tax filings.
• Develop and maintain procedures surrounding tax activities and controls to ensure compliance with corporate, regulatory, and audit requirements.
• Review wash sales, capital changes, and other corporate actions that have tax or basis consequences.
• Identifying and addressing client needs (US teams), building a strong professional network and cordial relationships.
• Ability to discuss process issues, concerns with onshore counterparts and get them resolved.

Skills Required:

• 3+ years experience in US Trust Taxation.
• Proficiency in Form 1041 (Trust Returns), Estate Returns, Foundation Returns, and Gift Tax Returns.
• Strong technical knowledge of US Trust Tax.
• Experience with tax-exempt entity tax returns.
• Proficient in using accounting systems and tax software like FIS and OneSource.
• Ability to analyze and resolve questions or problems associated with tax returns and filings.
• Knowledge of wash sales, capital changes, and other corporate actions with tax or basis consequences.
• Excellent communication and interpersonal skills for effective collaboration with onshore counterparts.
• Proactive and detail-oriented approach to tax operations and compliance.
• Understanding of corporate, regulatory, and audit requirements related to tax activities and controls.

Education: Bachelors Degree in related field