Tax Specialist III

Position Summary The Tax Specialist III is responsible for coordinating various aspects of tax reporting, the preparation of trust, individual and charitable tax returns, interacting with Wealth Advisors on tax related matters, and for the maintenance of the tax preparation systems. This role will act as a mentor and subject matter expert for the levels I and II, reporting to the Tax and Financial Planning Team Lead.

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.

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

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..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's I and IIWork with Advisors and Middle Office to ensure new trusts/estates are set up correctly for tax reporting.

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 maintain the tax preparation software used for trust and personal tax returns.

Coordinate all flow of communication and documents between Wealth Advisors, Tax Team, and clients during tax season.

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 degree in Accounting, Finance, or Economics.

Requires knowledge of Microsoft Office.

Preferred knowledge of Smartsheet.

CPA or Enrolled Agent designation required.
3-5 years' exp. in prior tax preparation or accounting required.

Compensation and Benefits Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.(Base Pay Range: $65,000 - $75,000 annually)
Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being—now and in the years to come—are important to us. Busey’s Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program.

In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.

Equal Opportunity 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…