At EY, we’re all in to shape your future with confidence.
We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.
Join EY and help to build a better working world.
Tax Services Senior Analyst – Fiduciary/Trust Tax Services
Our Tax and EY practice is made up of a team of professionals providing specialized tax technical services to both US and global clients.
The opportunity
When you join EY, you’ll be at the heart of our critical mission to build a better working world by applying your knowledge, skills, and experience in assisting clients in meeting their business objectives. You will learn, grow, and contribute — building new relationships and discovering the satisfaction that comes with producing high-quality, valued work and advice
Your key responsibilities
You’re likely to spend your time on a diverse array of projects, responsibilities, and tasks, supporting client engagements by participating in day-to-day interactions with team members, providing a quality work product, and driving delivery of services to meet deadlines. You will serve as a trusted advisor and role model for our people across multiple teams, research tax law issues, provide advice and assistance to help clients understand risks and potential needs for additional tax advisory or compliance services.
Responsibilities include
- Performing tax research and preparing written tax advice
- Preparing tax information statements and tax returns including complex Forms 1041 and state income tax returns for trusts and estates
- Reviewing and interpreting wills and trust documents to determine fiduciary tax reporting requirements confirm beneficiary allocations and identify matters that may require additional research and review by a subject matter professional such as determination of state tax nexus.
- Analyzing proper tax treatment of various transactions, learning to identify, review and confirm accuracy in tax reporting
- Translating complex data from a range of sources into client-ready insights and deliverables to support informed decision-making concerning required tax reporting
You will support the Fiduciary/Trust Tax Services practice with the preparation and delivery of tax information statements, tax returns, and related reporting for agency, custody, and fiduciary accounts for tax compliance engagements with banks, wealth management firms, trust companies, and law firms. You’ll be working in a highly collaborative culture, where listening to and sharing information with colleagues is an essential part of the role.
Skills and attributes for Success
- Collaborate with clients and colleagues to analyze tax issues, determine alternative methods of problem-solving and arrive at recommendations
- Support managers, senior managers, and PPEDs with reconciling returns, e-filing returns, and validating data in the tax system
- Communicate with client tax liaisons, client trust administration teams, and client trust officers to gather required information, to share information to support informed decision-making, and obtain instruction or authorization necessary for timely, accurate production of tax information statements, tax returns, and related reporting
- Support billing and collections for tax compliance and related services and participating in the process of contract renewals and new business pursuits
- Communicate complex tax issues to colleagues, clients, and non-tax professionals to enable evaluation and review of tax compliance requirements central to fulfilling fiduciary tax reporting obligations
- Responsible for training less experienced team members on administrative tasks and tasks supporting the tax compliance process
To qualify for the role, you must have
- Bachelor’s degree or equivalent experience (Accounting, Business, Finance, or equivalent degree preferred)
- Minimum 2 years of experience in a professional services or tax services organization and preparing federal and state fiduciary income tax returns
- Proficient in computer software applications, including Microsoft Word, Excel and PowerPoint, knowledge of trust accounting systems and tax software applications, including ONESOURCE™ Trust Tax
- Experience preparing income tax returns with complex pass-through investments, reading and interpreting trust agreements
- Ability to work effectively both independently and with a team, assist with a variety of projects of varying degrees of complexity
- Knowledge of taxation, trusts and estates, wealth planning, and fiduciary income taxation
- Demonstrated technical expertise in fiduciary accounting matters
- Build effective relationships with our clients, understand their unique needs to provide tailored services. Manage workflow effectively to comply with clients’ needs and expectations and complete special projects
- Excellent organizational and verbal/written communication skills
Ideally, you’ll also have
- CPA or EA certification or membership in The Bar desired, but not required
- Thorough knowledge of tax compliance, information reporting rules, fiduciary and/or income tax law, and concepts required to prepare US federal and state tax information statements and tax returns
- Strong analytical skills and attention to detail
- The ability to adapt your work style to work with both internal and client team members
What we look for
We’re interested in tax professionals with a genuine interest in providing outstanding services to some of the world’s most influential people. Working with people from all backgrounds, from executives and entrepreneurs to investors and families, you’ll use your experience and status as a trusted advisor to maintain and further our reputation for excellence.
What working at EY offers
We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package includes medical and dental coverage, both pension and 401(k) plans, a minimum of 3 weeks of vacation plus 13 observed holidays and 3 paid personal days, as well as a range of programs and benefits designed to support your physical, financial, and social well-being. Plus, we offer:
- Support, coaching, and feedback from some of the most engaging colleagues in the industry
- Opportunities to develop new skills and progress your career
- The freedom and flexibility to handle your role in a way that’s right for you
EY | Building a better working world
EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.
Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.
EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.
