Senior Trust Tax Accountant

5 days ago


Cincinnati, Ohio, United States U.S. Bank Full time
Job Summary

U.S. Bank is seeking a highly skilled Senior Trust Tax Accountant to join its Wealth Management division. As a key member of the team, you will be responsible for providing expert tax guidance and support to clients and stakeholders.

Key Responsibilities
  • Provide tax expertise on fiduciary income tax returns, including estate income tax returns (1041, 990-PF, 5227)
  • Review and analyze individual income tax returns (1040) and estates
  • Ensure proper reporting related to 1099DIOB and MISC/NEC forms
  • Stay up-to-date on various IRS notices (penalties, audits, abatements) and communicate with other tax revenue authorities
  • Develop and maintain knowledge of taxation of trust assets (stocks, bonds, partnerships, farms, etc.)
  • Review returns for taxability and reporting of account types, transactions, sales, cost basis, etc.
Requirements
  • 8-10 years of experience in accounting, tax accounting, and planning
  • Bachelor's degree in accounting or equivalent work experience
  • Preferred: 10+ years of related fiduciary and individual tax preparation experience, preferably within a financial services environment
  • Strong leadership and management skills
  • Thorough knowledge of applicable tax laws and regulations
  • System knowledge: SEI Trust3000, OneSource Trust Tax (formerly TrustEase or Fast-Tax)
What We Offer

U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase, 401(k) contribution, and pension. This position offers a hybrid/flexible schedule, with an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.



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