Philadelphia Estate Planning Council

Details

Estate and Trust Settlement Tax Officer - Glenmede

Saturday, August 13, 2022 2:49 PM | Anonymous

Founded in 1956 by the Pew family to manage their charitable assets, Glenmede is among the nation's leading investment and wealth management firms. The company overseeing $43.6 billion of assets under management for high-net-worth individuals, families, family offices, endowment, foundation and institutional clients. Headquartered in Philadelphia, the firm has offices in Delaware, Florida, New Jersey, New York, Ohio, Pittsburgh and Washington, DC. For further information, please visit http://www.glenmede.com.

This position will operate in a hybrid work environment, 2-3 days per week in the office (Philadelphia, PA).

Overview:

This position is responsible for supporting the Estate and Trust Settlement Group with a range of tax and administrative related tasks to facilitate the settlement of estates and related trusts.

Responsibilities:

Prepare estate and inheritance tax. Prepare and review federal estate tax and inheritance tax returns and fiduciary income tax returns for estates and trusts where Glenmede is executor or agent for executor. Prepare and review gift tax returns for decedents and final life period income tax returns for decedents. Assist in the filing of those returns. Monitor and address tax notices. Research various estate, gift and trust related tax issues including generation-skipping tax issues.

Team support. Centralize firm practices for record keeping and monitoring of death related tax tasks. Attend internal meetings to review Glenmede’s tax and administrative responsibilities occasioned by accounts impacted by a client’s death. Monitor and or prepare death related tax filings when a client dies. Keep minutes of meetings and keep records on Customer Relationship Management software. Support the estate settlement function with special projects as assigned including collection of assets, payment of estate expenses, statement reconciliation, assembly and analysis of information necessary for completion of estate inventory, death tax returns, audits of tax returns and court accountings. Liaise with operations, tax and administrators to ensure proper tax and statement reporting for terminating accounts or accounts impacted by a client’s death. Support the trust settlement function with projects as assigned including review of trust documents, preparing internal paperwork necessary for opening and closing of accounts, coordinating distribution of accountings and receipt and releases to beneficiaries as needed. Perform other duties in connection with the administration of estates and termination of trusts, consistent with experience and technical knowledge and skills.

Firm Building. Active engagement in department-specific and firm-wide initiatives in order to expand capabilities, create solutions to unmet business needs, improve client experience, or develop more efficient processes. Ability and willingness to contribute to the advancement of team, office and business capabilities. Other duties as required by the position.

Required Qualifications:

  • Bachelor’s degree or equivalent experience required
  • A minimum of 3 years of experience in fiduciary duties regarding death taxes and fiduciary income taxes

Preferred Qualifications:

  • Law degree or CPA strongly preferred
  • Strong knowledge of Microsoft Windows, Word, Excel and Power Point
  • Prior support experience with estate settlement and tax functions
  • Prior experience with Global+, CRM, tax software, or ability to learn software
  • Ability to interact with other employees
  • Excellent organizational skills and detail orientation

Glenmede requires our employees to be vaccinated as a condition of employment, subject to reasonable accommodation as required by law. If you are hired, we will require that you either: 1) prove that you received your Covid-19 vaccine; or 2) obtain approval for a reasonable accommodation based on a sincerely held religious belief or disability.

Glenmede is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind: Glenmede is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination, retaliation, and harassment. All employment decisions at Glenmede are based on business needs, job requirements and individual qualifications in full compliance with all local, state and federal laws prohibiting discrimination on the basis of race, color, religious creed or belief, national origin, citizenship status, ethnicity, ancestry, age, physical or mental disability, HIV Status, sex including pregnancy, childbirth, breastfeeding or medical conditions related to breastfeeding, and medical conditions related to pregnancy or childbirth, gender, sexual orientation, gender identity and/or expression including a person’s actual or perceived gender-related self-image, appearance, behavior, expression, or other gender-related characteristic, regardless of the sex assigned to that person at birth, sexual and reproductive health decisions, marital, civil union or domestic partnership status, past or present military service, alienage or citizenship status, family medical history (including pregnancy), genetic information or characteristic, family or parental status, caregiver status, status as a victim of domestic violence, an individual’s status as having a known relationship or association with a member or members of a protected category, or any other status protected by the laws or regulations in the locations where we operate. Glenmede will not tolerate discrimination or harassment based on any of these characteristics.

** We are not seeking agency assistance with this role. No agencies, third parties, or phone calls, please. Glenmede is not accepting unsolicited resumes from search firms. All resumes submitted by search firms to any employee at Glenmede via-email, the Internet, or directly without a valid written search agreement will be deemed the sole property of Glenmede, and no fee will be paid in the event the candidate is hired by Glenmede.


Philadelphia Estate Planning Council 
P.O. Box 579
Moorestown, NJ 08057-0579

Phone: (215) 486-6215
Fax: (856) 727-9504
Email: staff@philaepc.org

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