Trust Operations Specialist - Tax Desk

TRUST OPERATIONS SPECIALIST – TAX / RECONCILIATION DESK

Job Summary: Assist head of Operations with recurring tax-related projects and other special and ongoing projects as necessary. Perform reconciliations of various types, on schedules ranging from daily to annually. Cross-train on other Operations Specialist responsibilities.

Salary: Competitive salary based on experience.

Benefits: Major Medical High Deductible Health Plan, HSA or FSA Plan, Life Insurance, Disability Insurance, Paid Parking, Paid Time Off, Employee Stock Ownership Plan, 401(k)/Profit Sharing Plan

Hours: 8:30 a.m. - 4:30 p.m.

Locations: In-person, downtown Wichita office

Type of job: Full-time; salaried; non-exempt.

Requirements / Attributes:

• Accounting, trust, or banking experience preferred.
• Bachelor’s degree preferred.
• Excel proficiency required.
• Excellent organizational, analytical, and interpersonal skills; strong attention to detail; and proven ability to prioritize and multi-task required.
• Personal cell phone required for multi-factor authentication for software access.
• Ability to lift standard file boxes (approximately 35 pounds) required.

Examples of Job Responsibilities:

• Reconcile withholdings, partnership K-1s, checking accounts, suspense accounts, trust system output.
• Prepare monthly data extract for tax vendor.
• Respond to tax vendor and IRS questions regarding 1099/5498 data.
• Assist other staff with questions relating to 1099/5498 reporting requirements.
• Assist with operational responses to audits/exams.
• Generate client web statements monthly.
• Become proficient in all phases of MAUI (Trust Accounting) software in order to assist with posting, research, statements, etc.
• Manage record retention/storage to comply with regulations and best practices.

Cross-training Expectations:

• Disbursements (Checks, ACHs, Wires)
• Income receipts
• Trade settlements
• Cash flow management
• Unique Assets assistance

Software Usage:

• MAUI (Trust accounting)
• ACT (Client Relationship Manager)
• Passport (Custodian online system)
• Microsoft Office products