In-House

Hartford, CT, United States

Tax Manager - FSO - Fiduciary Trust and Estate Tax Administration Services

Legal Staff

Min 8 yrs required

Full-time

No

Tax Manager - FSO - Fiduciary Trust and Estate Tax Administration Services Duties: The candidate will play an integral role in the overall strategy and success of the FTEAS business. Responsibilities include technical review of complex trust & estate fiduciary accountings; managing client relationships; business development; supervision, training, and development of staff; recruiting; maximizing operating efficiency; and maintaining profitability. Ensure compliance with all processes and procedures including onboarding new clients and setting up new matters, complying with independence, eDocs, and technology initiatives. Handle technical preparation and review of complex trust and estate accountings. Perform complex calculations and reconstruction when required. Research of state specific principal and income acts when needed. Manage client relationships and retain client goodwill. Actively participate in business development including weekly sales calls, client presentations, marketing efforts and business development meetings. Build relationships with potential new clients. Attend industry conferences and other business development events. Commit to client satisfaction by providing timely and effective responses to client needs and compliance requirements, thereby enhancing long-term working relationships. Provide estimates for new accounting work and prepare all required documentation for new engagements. Work with the various channels to establish client and/or engagement codes for all business. Vet matters for Independence and oversee/ensure compliance with eDocs. Build and maintain strong relationships with internal groups to assist with cross-selling FTEAS and other EY lines of business. Facilitate communications and provide assistance to team members by sharing knowledge, offering advice, and making decisions to meet engagement deliverables. Develop operational efficiencies to deliver timely high-quality services and work products. Contribute to a flexible, stable and team oriented working culture that fosters staff development. Complete self- study courses to maintain and enhance knowledge of fiduciary accounting and software applications, and to meet Firm continuing education requirements. Review and monitor engagement profitability, staff efficiency and workload assignments to meet deliverables. Work to ensure all projects are properly and timely billed and oversee follow-up with clients regarding bill collections.

Requisition ID: 1543486

Qualification and Experience Qualifications: The candidate should have a Bachelor's degree. A graduate degree is preferred. CPA or paralegal is also a plus. Must have 8+ years of fiduciary/court accounting experience at a bank, law firm or CPA firm with a proven track record of successfully managing staff and engagements. Experience working with complex assets and large trusts and estates is needed. Experience working with family offices a plus. Excellent technical fiduciary accounting skills. Experienced at reviewing IRS Forms 706, 1041 and K-1s. Understanding of complex investments and tax concepts. Understanding of trust structures and trust terminology. Ability to review and interpret trust agreements and estate planning documents. Comfort and ability to research state specific principal and income acts and other relevant state laws. Proficient with software applications, including Microsoft Word, Excel, company specific systems and fiduciary trust software. Thorough understanding of fiduciary tax law and concepts required to prepare fiduciary/court accountings.

Legal

Hiring Coordinator
Ernst & Young Global Limited
225 Asylum Street
Goodwin Square
Hartford, CT 06103-4304