Fiduciary Accountant

Fiduciary Accountant Overview

• The Fiduciary Accountant role involves applying fiduciary accounting principles to prepare and file various tax returns and financial documents.
• Collaborate with attorneys and teams to ensure accurate estate and trust account management and compliance.
• Maintain and update estate and trust records, ensuring adherence to firm policies and security protocols.
• Engage in estate and gift tax planning, including actuarial and interest computations.
• Work in a hybrid environment, combining remote and on-site responsibilities.
• Leverage advanced accounting and tax software to optimize workflows and deliver high-quality results.
• Contribute to a dynamic team environment while managing multiple projects independently.
• Opportunity to work with a reputable organization offering competitive compensation and benefits.

Fiduciary Accountant Key Responsibilities & Duties

• Prepare and file Federal and state estate, gift, and fiduciary income tax returns.
• Develop estate and trust accountings for judicial settlement in Surrogate’s Court.
• Conduct estate and gift tax planning, including computations for trusts and charitable entities.
• Maintain and update estate and trust accounts and tax records.
• Respond to IRS and state audit inquiries, ensuring compliance and accuracy.
• Collaborate directly with attorneys to address fiduciary accounting needs.
• Utilize advanced accounting software for efficient tax preparation and reporting.
• Adhere to firm policies and security protocols to protect sensitive information.

Fiduciary Accountant Job Requirements

• Bachelor’s degree in accounting or tax is required.
• Minimum of 8 years of experience in estate and trust environments, preferably in a law firm.
• Proficiency in Excel, PowerPoint, OMEGA accounting software, and Wolters Kluwer Pro Systems tax software.
• Strong verbal and written communication skills are essential.
• Detail-oriented with the ability to manage multiple projects and priorities effectively.
• Ability to work independently while fostering partnerships in a team environment.
• Knowledge of estate and gift tax planning concepts and computations.
• Experience responding to audit inquiries and ensuring compliance with tax regulations.