Campus Pride Jobs

Description

Position Summary The Tax Specialist performs a variety of functions related to member tax reporting and escheatment processing.  This position requires an advanced knowledge of regulatory and IRS requirements.  In collaboration with other departments, this position ensures the completeness and accuracy of member tax reporting.  This position is responsible for monitoring IRS updates to ensure proper procedures are in place for tax reporting purposes and mapping is correct for form creation.  Responsibilities include updating tax records in the core operating system, in addition to the tax reporting software.  This position uses sound judgment, professionalism, empathy, integrity, accuracy, verification and expediency in assisting members and employees. Work Location This position is a hybrid role with a combination of working both onsite at our Headquarters buildings in East Lansing and at offsite. A schedule of expected onsite and offsite work days will be discussed during the interview process. Pay & Benefits: Compensation range: Tax Specialist: $26.50/hr+ Senior Tax Specialist: $29/hr+ 100% Company-Paid Health, Dental, Vision, Life, and Long-Term Disability Premiums Up to 26 days of PTO within your first year, as well as Volunteer Time Off & 11 Paid Holidays 401(k) with a 2:1 Match Tuition Reimbursement Up to 12 Weeks of Paid Parental Leave Responsibilities Tax Specialist: Perform account related research associated with tax reporting for employees and members with the appropriate sense of urgency Assist members and employees by answering in-depth product and service questions relating to all share and specialty account types especially those pertaining to regulations, including tax implications and contribution limits, utilizing appropriate resources; possess strong knowledge of IRAs, HSAs, international accounts, trusts, deceased accounts and other specialized accounts and how they interact with tax reporting Review consumer account paperwork for accounts opened at the Credit Union to ensure accuracy, checking for required documentation and making corrections as needed Explain to members the process to retrieve escheated funds from the state of escheatment Provide guidance to members and employees in the review of residency documents for international accounts, explaining the purpose with support from others. Work various reports to ensure that coding and reporting is accurate Complete specialized account transactions and account set-up with support from others Handle escalated member situations related to tax reporting or escheats with support from others and take appropriate action to resolve them Interact with the IRS, courts and attorneys regarding complex requests that include legal concerns for consumer accounts with support; taking into consideration the risk associated with the account Perform corrective reporting by correcting IRS records in the core and tax reporting system and producing new forms for members and the IRS, ensuring accuracy Participate in projects, ensuring accuracy, thoroughness, attention to detail and that deadlines are met with help from others Conduct account reviews to ensure accounts are properly reporting to the IRS in the defined timeframe Design content and lead effective and engaging meetings and trainings involving employees from other departments to disseminate information regarding all member tax reporting and escheat topics Collaborate with other departments of the Credit Union to ensure electronic and tax forms are current, the system is in compliance with regulations and system upgrades are performed as necessary Work in collaboration with the vendor and other departments of the Credit Union to ensure escheated funds are reported and sent to the state of escheatment per regulation, taking ownership of the process, report