Tax Specialist II

Position Summary

The Tax Specialist II is responsible for coordinating various aspects of tax reporting, the preparation of trust, individual and charitable tax returns, interacting with Wealth Advisors and clients on tax related matters, and for the maintenance of the tax preparation systems.

Duties & Responsibilities

• Assist in the Coordination of all aspects of quarterly estimated tax payments and year end taxes due for Fiduciary accounts; this includes review of payments prior to submitting them and communication with Wealth Advisors.

• Analyze tax information, input data, and review return output for investment accounts.

• Responsible for tax preparation of trust and fiduciary returns, including tax information letters sent to trust clients, returns for charitable entities, and individual income tax returns.

• Responsible for e-filing of various tax returns and the tracking of the filing status.

• Work with Tax Team to provide ongoing tax training (procedures, coding, etc.) to Wealth Advisors, Assistants, and other associates.

• Deal directly with federal and state taxing authorities to resolve issues on behalf of clients.

• Assist in mentoring of Tax Specialist Level I.

• Work with Advisors and Middle Office to ensure new trusts/estates are set up correctly for tax reporting.

• Ensure tax information for accounts with fiscal year end is provided in a timely manner.

• Tax Research

Education & Experience

• Knowledge of:

• Strong oral and written communication skills

• Federal and state laws and regulations

• Sophisticated software systems

• Excellent time and project management skills

• Ability to:

• Learn and efficiently use the tax preparation software used for tax reporting documents and personal tax returns.

• Assist with coordination of communication and documents between Wealth Advisors, Tax Team, and clients.

• Prepare complex tax returns and research complex tax issues

• Analyze and interpret numerical data

• Perform duties with frequent interruptions and time pressures

• Maintain mental concentration and visual attention for extended periods of time

• Analyze and solve problems based on a broad knowledge of many factors and where advanced and technical concepts must be applied

• Education and Training:

• Requires Bachelor’s Associates degree in Accounting, Finance, or Economics.

• Tax preparation experience or accounting background preferred.

• Requires knowledge of Microsoft Office.

• Preferred knowledge of Smartsheet.

• CPA or Enrolled Agent designation required.

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment.