Sr. Trust Tax Analyst
Tax ManagementThe Tax Management job manages the organizational tax reporting, tax planning, and compliance function of the company. This job supervises professional level employees who are responsible for the calculation of tax liabilities, tax form preparation, and external filing/reporting. This job also oversees junior employees' work in tax research, compliance, analysis, and tax communications with federal and state agencies.Key Responsibilities and Duties
Implements the organization's tax strategy to optimize the amount of tax the company pays and ensure it complies with all relevant local and international tax laws and regulations.
Oversees the completion of accurate tax returns to minimize the tax obligations of the organization.
Analyzes the general ledger and related financial documents to ensure appropriate tax accounting is being performed.
Coordinates tax-specific transaction recording and maintenance for records such as tax journals, capital expenditure details required for tax calculations, tax depreciation schedules, etc.
Keeps up to date with and advises others of organization-related tax regulations at the federal, state and local levels.
Ensures accounting policies, practices and procedures are understood and followed by direct reports.
Manages performance of team through regular, timely feedback as well as the formal performance review process to ensure delivery of exceptional products and engagement, motivation, and development of team.
Educational Requirements
University (Degree) Preferred
Work Experience
5 Years Required; 7 Years Preferred
Physical Requirements
Physical Requirements: Sedentary Work
Career Level8PL
Oversee the delivery of tax services across areas of fiduciary, trust/foundations, 1099, 1099R, 5498, 1040 and gift.
Deliver superior customer service and specialize subject matter expertise to individual tax clients.
Work with Wealth Management partners to deliver sophisticated income tax planning advisory services for TIAA’s highest net worth and most influential clients.
Serves as an expert resource for Wealth Management partners on client income tax planning strategies directed to high-net worth individuals.
Communicate with senior leadership team to provide operational strategies and efficiency opportunities.
Represent the business to various taxing agencies, including federal, state and local.
Serve as liaison between outside tax preparation vendor and TIAA by sharing of information, collaborating on preparation of individual, gift and partnership income tax returns; and assist with inputting of various tax-related information into software programs and TIAA systems.
Participate in various projects to support TIAA and business initiatives, including strategic planning to evolve TIAA’s tax offering.
Responsible for the calculation, preparation, and processing of all individual, gift and partnership income tax returns.
Support and oversee the preparation and implementation of tax filings of trusts and estates.
Support and oversee the preparation and implementation of tax filings of 1099s, 1099Rs and 5498s.
Prepare and implement debits on individual and trust accounts for tax payments, including tax filings, tax estimates and tax extensions. Prepare and file all related tax payments, including quarterly estimates, tax payments, and extension payments with the various taxing agencies.
Understands features and benefits of TIAA’s products and investment strategies.
Related SkillsAccounting Standards, Adaptability, Automation, Continuous Improvement Mindset, Data Analysis, Financial Acumen, Relationship Management, Strategic Thinking, Taxation, Tax Compliance, Tax Efficiency, Tax ResearchAnticipated Posting End Date:2024-11-15Base Pay Range: $99,200/yr. - $155,000/yr.Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).Company OverviewEvery worker deserves a secure retirement. For more than 100 years, TIAA has delivered it for millions of people. Founded to help educators retire with dignity, today weʼre a market-leading retirement company fueled by world-class asset management. But weʼre not just another legacy financial services firm. Weʼre fighting harder than ever before for our clients and the many Americans who need us.Benefits and Total RewardsThe organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary (https://www.tiaa.org/public/pdf/benefits-at-a-glance.pdf) .Equal OpportunityWe are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.Read more about the Equal Opportunity Law here (https://www.dol.gov/general/topics/posters) .Accessibility SupportTIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:Phone: (800) 842-2755Email: accessibility.support@tiaa.orgPrivacy NoticesFor Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here (https://www.tiaa.org/public/tiaa-nuveen-privacy) .For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here (https://www.tiaa.org/public/tiaa-nuveen-ca-privacy) .For Applicants of Nuveen residing in Europe and APAC, please click here (https://www.tiaa.org/public/nuveen-eu-uk-privacy) .TIAA started out over 100 years ago to help ensure teachers could retire with dignity. Today, many people who work at not-for-profits rely on our wide range of financial products and services to support and strengthen their financial well-being.Privacy Notices
For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here (https://www.tiaa.org/public/tiaa-nuveen-privacy) .
For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here (https://www.tiaa.org/public/tiaa-nuveen-ca-privacy) .
For Applicants of Nuveen residing in Europe and APAC, please click here (https://www.tiaa.org/public/nuveen-eu-uk-privacy) .
Nondiscrimination & Equal Opportunity EmploymentTIAA is committed to providing equal opportunity across all employment practices and we believe our employees have a right to a diverse and inclusive workplace.EEO is the Law (https://assets.phenompeople.com/CareerConnectResources/TIAAGLOBAL/documents/22-088EEOCKnowYourRights-1688394514088.pdf)Pay TransparencyPhiladelphia Ban the Box (https://www.phila.gov/media/20210423160847/Fair-Chance-Hiring-law-poster.pdf)