Tax Job Description
Tax
provides technical expertise and leadership in all aspects of ASC 740 which includes presenting quarterly and annual tax provisions to management and independent auditors and preparation of tax footnotes for financial statements.
Tax Duties & Responsibilities
To write an effective tax job description, begin by listing detailed duties, responsibilities and expectations. We have included tax job description templates that you can modify and use.
Sample responsibilities for this position include:
Consult, work with and service client to make recommendations on business and process improvements, and serve as a business advisor to client
Provide withholding tax support to Business Units and AR/Collections Team, including applying for Certificate of Residence from tax authorities and ad-hoc advisory
Advises management regarding effects of business activities on taxes, and on strategies to minimize tax liabilities
Providing support and tax technical advice across multiple business functions
Assist in year-end ASC 740
Work with senior management to provide tax guidance for new transactions / lines of business
Work closely with tax partners and other tax staff on client management, practice development and business development activities
Participate in networking and business development activities including the formal proposal process
Assist in reviewing and analysis of foreign income tax provision reporting for all foreign subsidiaries
Assist in reviewing updates of pre-tax income/income tax for tax budgets, forecast and forecast updates for all foreign subsidiaries
Tax Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Tax
List any licenses or certifications required by the position: CPA, EA, LLM, JD, CMI, CPP, CMA, PMP, TDS, CFP
Education for Tax
Typically a job would require a certain level of education.
Employers hiring for the tax job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business, Graduate, Law, Education, Taxation, Economics, Business/Administration, MBA
Skills for Tax
Desired skills for tax include:
Computer functions
Business
Computer functions and math
Excel
ASC 740
GAAP
Tax code and technical aspects of tax preparation and compliance
SAP
Broad range of corporate tax matters in various industries
Microsoft Office
Desired experience for tax includes:
Excellent written and spoken communication skills and the ability to articulate tax concepts effectively
Prepare income tax returns as required by the Internal Revenue Service (5471, 5472, 5713, 8858, 8865 & 1120F)
Maintain the earnings and profits, tax pools and tax basis for all foreign subsidiaries
Calculate and determine Subpart F income inclusions
Prepare foreign tax credit analysis for the Corporation of America consolidated group (Form 1118)
Perform International compliance research as required
Tax Examples
1
Tax Job Description
Job Description Example
Our company is growing rapidly and is hiring for a tax. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for tax
- Conduct on-going performance reviews and mentoring
- Prepare withholding tax returns for submission to tax authorities within the prescribed filing deadlines
- Provision of assistance to Corporate Tax in relation to withholding tax in relation to claiming of foreign tax credits
- Financial control focussed
- Review 1065s, 1120s and 1120-Fs any related state returns
- Assist with quarterly estimated payments and state withholding
- Track tax basis
- Prepare allocations and coordinate with outside accounting firms with blockers and other SPV’s
- Assist with special projects including analysis of change in Tax law
- Ensure state tax compliance including investigating state nexus and withholding considerations as additional regional sales people are hired
Qualifications for tax
- Technical accounting ability, including performing of reconciliations essential.Tax compliance experience essential
- Knowledge of tax and accounting software desirable
- The position is an office job
- Duties can be stressful at times due to tight deadlines and significant impact of actions taken
- Highly motivated with the ability to use initiative & demonstrate a willingness to learn
- Knowledge of OneSource or GoSystems
2
Tax Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of tax. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for tax
- Coordinate filing of tax payments, returns, extensions and estimates with external tax consulting firm
- Assist with international tax planning effort and compliance
- Coordinate requests of information during audits by various jurisdictions
- Traditional accounting experience
- Ability to prepare tax returns and do first level of review
- Federal and State Tax
- Interact closely with assigned tax clients to provide innovative tax planning, consulting, and compliance expertise to clients while managing the client assignments to budget
- Maintain active communication with clients to manage their expectations, ensure client satisfaction, make sure deadlines are met and lead change efforts effectively
- Focus on tax consulting projects related to cost segregation, fixed asset recovery, fixed asset software, R&D tax credits, domestic producers deduction and incentives for clients
- Maintain a current understanding of relevant codes, regulations and administrative pronouncements on a wide range of tax incentives that impact our clients
Qualifications for tax
- Strong leadership with good people management and strategic thinking skills
- Bachelor's Degree in Accounting’ exp is required
- Familiarity with working in a Corporate Tax environment
- Qualified tax professional with at least 5 years relevant income tax experience in practice or industry
- OneSource Tax Software - Comp CorpTax
- Advanced tax software experience, including knowledge of various tax software packages and technologies, is required
3
Tax Job Description
Job Description Example
Our company is searching for experienced candidates for the position of tax. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for tax
- Assist clients to ensure proper documents of tax credit qualification in accordance with IRS regulations
- Establish a formal practice development plan
- Research specific technical issues
- Build relationships with partners and staff, and participate in staff development activities
- Processing Standard Reclaims
- Validating tax forms and other supporting documentation
- Ensuring the submission of standard reclaims within agreed Service Level Agreement (SLA)
- Reporting issues and liaising with clients and Tax Authorities for a timely resolution
- Investigating and reconciling all incoming payments received from agents and Tax Authorities within 24 hours
- Producing and submitting client reports, detailing payments made by the Income processing team within 24 hours
Qualifications for tax
- Bachelor’s Degree in Accounting, law degree or Master’s degree in Taxation preferred
- 5-10 years of experience working within a taxation environment, preferably in public accounting
- Position may be filled as an In-Charge or Manager depending on the level of applicable experience
- JD degree or CPA required
- Must have 5-7 years of international tax consulting experience
- Must have experience leading engagements in tax planning for foreign acquisitions, operations and profit repatriations
4
Tax Job Description
Job Description Example
Our innovative and growing company is looking for a tax. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for tax
- Producing monthly Financial Transaction Tax payments
- Providing documentation
- Maintaining relevant documentation databases used for reconciliation and reporting purposes
- Archiving continually to keep only relevant documentation on site
- Monitoring of Team Mailboxes to ensure timely resolution of queries
- Ensuring all Qtrack tickets are responded to within 24 hours
- Monthly Management Information preparation and commentary for Management
- Assisting with ad-hoc projects as cascaded down from Line Manager / Senior management
- Researching and advising on various direct tax matters for residents and non-residents (examples - withholding tax position, tax treaty position, permanent establishment position )
- Managing and coordinating tax audits, including audit preparation, responding to document requests, Litigation support etc, as may be required
Qualifications for tax
- Must have experience in mentoring, guiding and training associates
- Four or more years of experience providing federal corporate and international tax consulting services in a public accounting or tax consulting firm
- 5-10 years of experience in FAS 5 Taxes, 3-5 of which should include audit defense for a large corporation
- Ability to analyze and produce audit workpapers is required
- Ability to communicate tax law, issues and concerns to upper management when required as they relate to FAS 5 tax audits
- An understanding of tax audit reserves, accruals and the management of the reserves
5
Tax Job Description
Job Description Example
Our innovative and growing company is looking for a tax. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for tax
- Assist in providing tax advice to the business units
- Assist with tax planning opportunities and tax impacts of changes in business operations and acquisitions
- Advise on taxation implication as required by the business segments on ad hoc projects
- Focus on tax consulting projects related to R&D tax credits, domestic producers deduction (Section 199/DPAD) and other credits and incentives for clients
- Work as an integrated member of the tax services team
- Negotiate voluntary disclosures for delinquent unclaimed property reports and prepare and file unclaimed property reports
- Responsible for all transaction, real and personal property tax compliance including returns, assessments and tax payments as necessary for the Company
- Perform required maintenance of internal and external software (OneSource) importing data in the system on a monthly basis
- Ensure monthly accruals for real and personal property tax are accurate by analyzing the amounts to ensure accuracy in payments and accruals and make adjustments accordingly
- Assist in defending the Company during routine state and local transaction and property tax audits by analyzing and providing the appropriate documentation and support
Qualifications for tax
- Knowledge of reverse audits and managed audits
- Excellent English skills in written and verbal communication
- Master's degree with a minimum of 6+ years relevant tax experience
- Ability to adapt to regular changes in prioritisation of workload
- Ability to manage multiple tasks – short and long term
- Ability to manage expectations - ensuring stakeholders are always kept up to date