Trust Tax Consultant at BMO US

Mandate:

The Trust Tax Consultant is responsible for the understanding of trust and estate law. Must have experience with managing workflows and preparing and reviewing trust income tax forms 1041, 990, 5227 and 1099 and understand asset income taxability. Individual selected must have the ability to communicate verbally, and in writing, with non-tax professionals and commitment to and execution of outstanding service to both internal and external clients. Must be able to multi-task and manage conflicting priorities under pressure.

Key Accountabilities:
• Manage/coordinate various fiduciary tax group tasks and processes
• Work collaboratively with others in tax group
• Manage workflows within tax team
• Ability be a specialist in specific areas of tax law, such as GST, trusts, estates, IRA
• Understanding of Generation Skipping Transfer Taxes (GST)
• Special client projects
• Review new account documents for assigned accounts
• Manage assigned accounts so they are ready for early and accurate tax reporting
• Respond to inquiries from internal and external clients
• Support Trust administration and investment professionals
• Respond to tax notices
• Training people within the tax group as well as others within BMO
• Work directly with tax authorities to resolve issues
• Respond to administrator and client inquiries
• Work directly with tax vendors

Knowledge and Skills:
• Accounting Degree (Preference for CPA certification (either obtained or in process of obtaining)
• Strong Aptitude for Using Technology
• 2 + years tax experience
• Advanced Excel skills; Ability to set up and organize spreadsheets,
• Use worksheets to manage large volumes of data,
• Create interactive worksheets,
• Use of various function skills in excel and word
• Advanced skills in the use of OneSource Trust Tax software
• SWP/SEI trust Accounting System experience
• Access database experience desired
• Experience Tax Research Software and capital changes