Tax Accountant II (TA II), Fiduciary Tax Services (FTS)

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being a diverse and inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Tax Accountant II (TA II), Fiduciary Tax Services (FTA) -

This job is responsible for providing technical fiduciary expertise to Private Bank client teams, focused on differentiating client service and expanding client relationships. Key responsibilities include providing accurate and timely tax reporting for assigned accounts and conducting tax research to resolve complex tax issues. Job expectations include complying with client focused service standards, bank standards and policies, and federal and state fiduciary tax reporting requirements.

Provides technical fiduciary tax expertise to Private Bank client teams focused on differentiating client service and expanding client relationships. Insures all tax responsibilities required of assigned accounts are fulfilled, achieving client focused service standards and complying with bank standards and policies, and federal and state tax laws. Generally responsible for the more complex fiduciary tax matters related to charitable trusts. Provide timely and accurate tax reporting for charitable trusts including preparation of returns for Private Foundations, Supporting Organizations and Split Interest Trusts.  Candidate will provide tax information including Minimum Required Distributions (for Foundations), annualize estimates as needed, respond to correspondence from taxing authorities, and other tax matters related to charitable trusts. Proactively identify opportunities to contact Trust Officers regarding tax matters to enhance client services. Maintain knowledge of tax law changes related to charitable trusts and increase knowledge through training. Take personal responsibility for career development.

Responsibilities:

• Partners with team members to provide technical tax expertise and ensures assigned accounts are fulfilled to achieve client service standards
• Prepares complex federal and state individual income tax returns and gift tax returns
• Complies with bank standards and policies, federal and state tax law, and client service standards
• Acts as a tax technical resource for Private Bank client teams

Skills:

• Account Management
• Attention to Detail
• Policies, Procedures, and Guidelines Management
• Relationship Building
• Interpret Relevant Laws, Rules, and Regulations
• Issue Management
• Record Keeping
• Risk Management
• Tax Administration
• Business Process Analysis
• Client Experience Branding
• Client Management
• Prioritization

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent

Shift:

Hours Per Week: