SUMMARY: The primary duties of this position include assisting the Tax Officer in the preparation of tax services for all trust accounts. A high degree of accuracy and attention to detail is essential in this position.
ESSENTIAL DUTIES and/or RESPONSIBILITIES include, but are not limited to the following:
- Accurately prepare and file basic 1041 tax forms and assist the Tax Manager in the preparation of more complex tax forms: (1040, 990/990PF, 5227 and 1099 INT/DIV/B/MISC)
- Process electronic estimated tax payments for individuals and private foundations using the Federal EFTPS system. Also process various state estimated tax payments manually.
- Prepare electronic federal and state quarterly payroll reports for clients who have household employees
- Prepare quarterly electronic filing of State of Ohio withholding
- Review all new accounts with correct tax set-up on system
- Review IRA worksheets for distributions and withholding and maintain control of all IRA accounts
- Review account closings, maintain closed files, and make sure final tax preparation fees are taken on closed accounts
- Ensures that all closed trust files contain the required documentation and are properly prepared for scanning
- Review trust and agency accounts on system for proper tax codes and make changes as needed
- Assist in tax preparation fees of agency, trust, and individual accounts
- Monitor and update all tax control sheets for active and closed accounts for Trust 1041, 990, 5227 and personal 1040
- Assist administrative assistants and trust officers on various tax coding issues
- Complete all mandatory and elective training, including BSA (Bank Secrecy Act) and Anti-Money Laundering procedures. Maintain compliance with all appropriate rules and regulations.
- Regular, predictable attendance is an essential requirement of this position
EDUCATION and/or EXPERIENCE:
- Associate's Degree in Accounting or Finance (or comparable work experience)
- Must have a minimum of five (5) years accounting/tax experience
Farmers National Banc Corp. is an Equal Opportunity Employer: disability/veteran