Legal Staff Paralegal in New York City, NY

In-House

New York City, NY

Legal Staff Paralegal in New York City, NY

Legal Staff

Min 2 yrs required

No

Job Title: Tax Analyst - FSO - Fiduciary Trust Estate Advisory Services

Job Responsibilities:
The Tax Analyst role within the Fiduciary Trust & Estate Tax Administration Services (FTEAS) at the company involves assisting in the successful management of the FTEAS business and aiding the leadership team in developing and implementing the overall strategy. Key responsibilities include providing trust tax compliance outsourcing and support services for organizations utilizing a trust accounting system, such as banks, wealth management firms, family offices, trust companies, and law firms. The Tax Analyst is expected to review, prepare, and oversee fiduciary accountings for trusts, estates, and guardianships, and manage client relationships to maximize operational efficiency.

Key duties also involve:
- Preparing and reviewing fiduciary accountings for trusts, estates, and guardianships.
- Reviewing trust and estate documents, including trust instruments, wills, and IRS Form 706.
- Interpreting source data, such as bank and brokerage statements, to determine proper accounting treatment.
- Engaging in internal and external training to maintain and enhance knowledge of fiduciary law and software applications.
- Communicating regularly with client liaisons or client trust administration teams.
- Interacting and communicating with immediate supervisors and all department/company co-workers, including data entry staff.
- Being responsible for the start-to-finish process of an accounting, including monthly billing.
- Organizing and maintaining a personal account workload.
- Maintaining annual firm-required CPE credits.
- Participating in business development activities.

Education and Experience Information:
To qualify for this role, candidates must have a bachelor's degree in Accounting, Finance, Economics, or a related field and a minimum of 2 years of experience in the preparation of fiduciary accountings. Knowledge of current fiduciary accounting law and strong technical, verbal, and written communication skills are required. Candidates should have experience managing client relationships, be detail-oriented, and possess strong technical skills in basic computer software applications, including Microsoft Word and Excel. Approximately 2 years of work experience in a professional services or professional tax organization is necessary. Excellent interpersonal, analytical, and problem-solving abilities are also essential, along with the ability to adapt work style to collaborate with both internal and client team members. The role requires strong analytical, quantitative, interpersonal, and written/verbal communication skills, problem-solving ability, and attention to detail. Candidates must be willing to travel as needed and work in a balanced hybrid environment.

Ideally, candidates will also have experience working with the Thomson Reuters FAS accounting system, though this is not required. A paralegal degree with trust and estate knowledge and experience in an accounting firm or bank trust department is preferred. Experience working in a law firm is advantageous but not mandatory.

Salary Information:
The company offers a comprehensive compensation and benefits package, rewarding employees based on performance and recognizing the value brought to the business. The base salary range for this job in all geographic locations in the US is $58,300 to $96,400. For the New York City Metro Area, Washington State, and California (excluding Sacramento), the salary range is $70,100 to $109,400. Individual salaries within these ranges are determined through various factors, including education, experience, knowledge, skills, and geography. The Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options.

The company offers a team-led and leader-enabled hybrid model, expecting most people in external, client-serving roles to work together in person 40-60% of the time over the course of an engagement, project, or year. Under a flexible vacation policy, employees decide how much vacation time is needed based on personal circumstances. Time off is also granted for designated company Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence to support physical, financial, and emotional well-being.

The company is focused on high ethical standards and integrity among its employees and expects all candidates to demonstrate these qualities. They provide equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law. The company is committed to providing reasonable accommodation to qualified individuals with disabilities, including veterans with disabilities.