Tax Accounting Specialist

Job Description

Tax Accounting Specialist – Internship | UMB Bank

The Tone:
This is a full-time internship at UMB Bank, a financial institution that prioritizes its people, their work, one another, and their community. The company fosters an environment of “more heart,” valuing individuals and encouraging community involvement, and “more trust,” empowering associates to do the right thing. This role is crucial for supporting the Tax Accounting Alternative Investments team by contributing to the essential tax work for alternative investment fund clients, gaining real-world experience, and helping the growing client portfolio.

The TL;DR
• Role: Internship
• Type: Full-time (January through December, or January through April)
• Pay: $33,786–$49,698 yearly
• Team: Tax Accounting Alternative Investments team
• Mission: Support UMB by gathering and tracking client tax documents, preparing initial tax returns, and communicating with clients for alternative investment fund tax needs.
• Tech Stack: Excel, UMB Systems

What You’ll Actually Do
• Client Communication: Communicate with clients through phone and e-mail to ensure all necessary tax documents have been received.
• Document Processing: Operate Excel and UMB Systems to input tax documents and prepare initial tax returns.
• Investor Distribution: Distribute completed tax documents to client investors for their use in individual tax return preparations.
• Responsibility Growth: Handle an increasing level of responsibility within the Tax Accounting Alternative Investments team.

The Must-Haves
• Background: Entry-Level. Completed at least two years in an undergraduate program in a business-related field.
• Experience: Not specified in years; experience will be gained through this full-time internship designed for students completing their undergraduate studies.
• Skills: Organized, works well as part of a team, and thrives in a detailed and deadline-driven environment.