Tax Accounting Specialist – Alternative Investments

Job Description

Tax Accounting Specialist – Internship | UMB Bank

The Tone:
This is a full-time internship at UMB Bank. UMB Bank is comprised of people who care about their work, one another, and their community, valuing individuals and fostering trust and opportunity. This role supports the growing Tax Accounting Alternative Investments team by gathering and tracking client tax documents, creating initial tax returns, and corresponding with clients, providing valuable real-world experience in tax accounting functions and principles.

The TL;DR
• Role: Internship
• Type: Full-time; can run for a full year (January-December) or Spring (January-April)
• Pay: $33786–$49698 yearly
• Team: Tax Accounting Alternative Investments team, which prepares tax workpapers, returns, and filings for alternative investment fund clients and is a growing group that adds to the client portfolio.
• Mission: This role supports UMB by managing tax documentation, return preparation, and client communication for alternative investment fund clients.
• Tech Stack: Excel, UMB Systems

What You’ll Actually Do
• Communicate with Clients: Ensure all necessary tax documents have been received by communicating with clients through phone and e-mail.
• Input Tax Documents: Operate Excel and UMB Systems to input collected tax documents.
• Prepare Tax Returns: Create initial tax returns using the input tax documents.
• Distribute Documents: Share tax documents with client investors for their use in individual tax return preparations.

The Must-Haves
• Background: Entry-Level; Completed at least two years in an undergraduate program in a business related field.
• Experience: Not specified.
• Skills: Organizational skills; ability to work effectively as part of a team; aptitude for detailed and deadline-driven environments; proficiency in Excel; effective communication skills through phone and email.