Senior Estate Tax Accountant

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Senior Estate Tax Accountant

The candidate prepares and timely files federal and/or state estate, gift, fiduciary and individual income tax returns of the highest complexity. Analyzes and summarizes estate planning documents, including all wills, codicils, trusts, amendments and any other documents having to do with the testamentary distribution of a decedent's property to determine the proper treatment of each asset and liability for tax and probate purposes. Organizes and directs the activities of the staff members assigned to Private Client Group Estate Settlement Team, including the scheduling and directing of meetings involving the lawyers and legal assistants, in order to ensure effective and efficient conduct of all activities related to administration of assigned estates. Organizes, directs and participates, along with the lawyers and legal assistants, in the process of gathering and analyzing a decedent's asset and liability data from family members, business associates, banks, brokers and all other sources of information. Prepares cash requirements, interim liquidity projections and strategic tax projections to assist the lawyers in making tax and investment decisions related to administration of assigned estates. Schedules, directs and participates, along with the lawyers, legal assistants, estate tax accountants, in post-mortem tax conferences, and identifies, initiates and implements tax-saving strategies following review and approval by the lawyers. Supervises other estate tax accountants in the management of their assigned estates, including review of all tax returns and other work product and providing interpretation of estate planning instruments and applicable tax law to facilitate timely and accurate administration of assigned estates. Participates under the supervision of the lawyers in audits of any estate-related tax returns, prepared by the incumbent or other estate tax accountants, involving federal and state taxing authorities. Prepares amended returns, claims for refunds and applications for abatement as needed to determine the proper tax liability for estates assigned to the incumbent. Reviews these documents with respect to estates assigned to other estate tax accountants. Prepares estate tax, income tax and liquidity projections and various financial statements and analyses to assist lawyers with estate planning matters and other strategic lifetime tax planning. Prepares federal and state personal income tax returns as assigned by the Senior Manager of Tax Services, meeting internal and external deadlines. Provides consultative and interpretative support to other estate tax accountants and income tax accountants on technical and sophisticated matters. Reviews work product of income tax accountants as assigned by the Senior Manager of Tax Services, including review of income, gift and GST tax returns. Confers with and assists the Manager and Director in formulating and drafting appropriate estate tax policies and procedures. Executes other duties assigned by the Senior Manager of Tax Services which are consistent with the objective of successful completion of administration of assigned estates. Bachelor's Degree or equivalent in a business-related field is required; with a degree in Accounting preferred. An advanced degree in taxation or law is preferred. Should have 7-10 years of experience in all aspects of estate taxation and administration, with 5+ years of direct preparation experience with complex estates required, and 3+ years of supervisory experience would be is preferred. Proficient in the use of Microsoft Office software, familiarity with Trust Accounting and Tax Preparation Software systems is preferred. Experience working with Thomson Reuters OneSource and/or CCH Axcess tax software is also preferred.

Company info

Ropes & Gray LLP.
Prudential Tower 800 Boylston Street
Boston
Massachusetts
United States 02199
Website : https://www.ropesgray.com/