Trust and Estate Accountant

2 weeks ago


New York, New York, United States KNM Resources Full time
Job Overview

Position Summary

We are seeking a dedicated Fiduciary Accountant for a fully remote role with our client. The ideal candidate will have experience in managing fiduciary responsibilities and will preferably reside in the tri-state area for occasional meetings. A background in fiduciary accounting within a financial institution, legal firm, or public accounting environment is essential.

Key Responsibilities

  • Support attorneys specializing in trusts and estates with the management of fiduciary entities and charitable organizations.
  • Prepare and file federal and state estate tax returns, including asset valuation.
  • Handle federal and state fiduciary income tax returns for various trusts, including charitable remainder unitrusts.
  • Prepare federal gift tax returns and personal income tax returns for individuals.
  • Generate information returns for charitable entities.
  • Calculate commissions for executors and trustees.
  • Maintain comprehensive financial records for all transactions related to estates and trusts from initiation to closure.
  • Compile detailed accountings for both judicial and non-judicial settlements.
  • Track and calculate all tax obligations, including estimated income tax payments.
  • Prepare interrelated tax calculations and projections for strategic planning.
  • Assist in federal and state audits of tax filings.
  • Provide financial data to legal professionals as required.
  • Organize and maintain tax and accounting documentation.

Qualifications

  • A Bachelor’s degree is required.
  • Minimum of 5 years of experience as a fiduciary accountant in a bank, law firm, or public accounting firm.
  • Familiarity with Thomson Reuters FPS (Onesource) for Estate and Gift Tax and Accounting.
  • Ability to maintain accurate financial records across multiple cases.
  • Proficient in Microsoft Office Suite.


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