Tax Manager
A Tax Manager is responsible for managing an organization's tax policies and ensuring compliance with tax laws. They oversee tax planning, prepare tax returns, and strategize to minimize tax liabilities.
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Sample Job Descriptions for Tax Manager
Below are the some sample job descriptions for the different experience levels, where you can find the summary of the role, required skills, qualifications, and responsibilities.
Junior (0-2 years of experience)
Summary of the Role
The primary role of a Junior Tax Manager is to assist senior tax professionals in handling taxation matters for an organization. Key responsibilities include preparing tax returns, analyzing tax regulations, and supporting audits. The ideal candidate should possess a solid understanding of tax laws and be able to apply them in a business context.
Required Skills
- Good communication and interpersonal skills.
- Ability to work independently and as part of a team.
- Attention to detail and ability to organize and prioritize tasks.
- Proficiency in tax preparation and research software.
Qualifications
- Bachelor's degree in Accounting, Finance, Taxation or a related field.
- CPA or equivalent certification is preferred.
- Proven experience with tax preparation software and Microsoft Office Suite, particularly Excel.
- Basic understanding of tax laws and regulations.
- Strong analytical and problem-solving skills.
Responsibilities
- Prepare and review tax returns for individuals, partnerships, and corporations in compliance with local, state, and federal laws.
- Assist with tax planning and research to identify tax savings opportunities.
- Collaborate with accounting teams to ensure accurate financial reporting and identification of tax implications.
- Stay updated on changes in tax legislation and analyze the potential impact on the company.
- Support senior tax managers during audits and respond to requests from tax authorities.
- Maintain tax records and documentation necessary for compliance and audit purposes.
- Help in developing and implementing internal tax policies and procedures.
Intermediate (2-5 years of experience)
Summary of the Role
The Tax Manager will oversee the tax planning, compliance, and filing for the organization. This role involves supervising tax staff, staying abreast of tax regulations, and recommending tax strategies to minimize liabilities and capitalize on tax credits and deductions.
Required Skills
- Excellent knowledge of tax accounting, tax compliance and all types of tax returns.
- Strong analytical and problem-solving skills.
- Effective time management and organizational abilities.
- Ability to manage multiple projects and deadlines.
- Strong communication and interpersonal skills.
- Familiarity with financial software and databases.
Qualifications
- Bachelor's degree in accounting or related field.
- CPA or Master's in Taxation preferred.
- Experience with a variety of tax operations and ability to drive process improvements.
- Proven work experience as a tax manager.
- Strong leadership and personnel management skills.
- Knowledge of tax software and MS Office.
Responsibilities
- Lead and manage multiple tax engagements to deliver quality tax services for our clients.
- Build relationships and interact with clients to provide excellent planning, consulting, and expertise.
- Manage and coordinate tax audits.
- Supervise tax staff and manage the delivery of tax services.
- Review complex income tax returns including federal and state filings.
- Provide innovative tax planning and review complex income tax returns.
- Identify and mitigate tax risks.
- Enhance the tax function's processes and operations.
Senior (5+ years of experience)
Summary of the Role
As a Tax Manager, you will lead and manage multiple operations of the tax practice area and deliver quality tax services, that will increase firm's reputation. You will serve as a business advisor to our clients aiming at maximising engagement and achieving qualitative outcomes.
Required Skills
- Strong knowledge of tax law
- Excellent analytical and time management skills
- Outstanding communication and negotiation abilities
- In-depth tax return review and problem-solving skills
- Excellent decision-making and leadership capabilities
- Adaptability and flexibility to manage workflow during busy tax season
- Proficiency in tax preparation software and Microsoft Office Suite
- Client-focused with a drive for delivering high-quality service
Qualifications
- Bachelor's degree in Accounting, Finance, or a related field
- Certified Public Accountant (CPA) or similar certification
- Proven work experience as a tax manager
- Excellent knowledge of tax accounting, tax compliance and all types of tax returns
- Knowledge of tax software and MS Office
- Good at meeting deadlines and solving problems
- Strong leadership and personnel management skills
- Analytical skills with detail orientation
Responsibilities
- Deliver a full range of tax services in compliance with laws and regulations within the timeframe
- Build relationships and interact with clients to provide excellent planning, consulting and expertise
- Provide innovative tax planning and review complex income tax returns
- Manage tax provision and tax compliance process
- Improve processes by developing or implementing best practices
- Manage and coordinate tax audits
- Maintain tax balances on the general ledger
- Prepare all tax papers in regular basis and handle all information data requests
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