Tax Operations Job Description
Tax operations
provides reports to management through Warehouse Management Systems and Excel spreadsheet applications to track, analyze and report production numbers.
Tax Operations Duties & Responsibilities
To write an effective tax operations job description, begin by listing detailed duties, responsibilities and expectations. We have included tax operations job description templates that you can modify and use.
Sample responsibilities for this position include:
Reviews returns and supporting work papers
Manage all aspects of US taxation, including federal and state income tax return preparation
Review provision to return calculations
Review and analyze quarterly forecasted P&L and impact to the overall income tax rates
Monitor the current and deferred taxes for all domestic and foreign entities including analysis and determination of valuation allowances
In conjunction with Treasury overseeing the group's dividend policy, repatriating profits from the overseas territories and arranging onward distributions out of the group
Undertaking ad-hoc projects which may arise and supporting other team members working on such projects
Assist with the tax return preparation process for all of the legal entities in Canada
Verbal and written communication with the Canada Revenue Agency other Government Agencies on various matters
Lead various domestic Canada Revenue Agency tax audits
Tax Operations Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Tax Operations
List any licenses or certifications required by the position: EA, PTIN, CPA, IRS, ACCA, PMP, CPP, FPC, MST, NYSC
Education for Tax Operations
Typically a job would require a certain level of education.
Employers hiring for the tax operations job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Communication, Computer, Marketing, Accounting, Finance, Leadership, Business, Taxation, Economics, Business/Administration
Skills for Tax Operations
Desired skills for tax operations include:
Accounting systems
Multinational environment
Oracle is an advantage
Intermediate to advance MS Excel and Access are skills
Procedures and requirements
Relevant tax systems
Intermediate MS Excel and Access are skills
Access and other Office applications
Spreadsheet applications
Database
Desired experience for tax operations includes:
Knowledge of cost basis reporting
Manages day-to-day tax department needs associated with technology
Maintains the current platform of tax technology tools and related processes
Assist with the preparation and/or review of various internal corporate tax reports
Experience with tax research tools and tax preparation software
At least 3 years experience in an advisory role in tax and audit compliance
Tax Operations Examples
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Tax Operations Job Description
Job Description Example
Our company is growing rapidly and is looking for a tax operations. 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 operations
- Withholding Tax reclaims and relief at source for trading in approx
- Obtaining and Validating Tax Documentation from clients and counterparties
- Financial Transaction Tax (FTT) � currently France (equities) and Italy (equities and equity derivatives)
- Foreign Account Tax Compliance Act (FATCA), UK Crown Dependencies and British Overseas Territories regulations (UK CD/OT) and the Common Reporting Standard (CRS)
- Implementation and operation of 871(m) � Qualified Derivatives Dealer � US tax withholding/reporting for US dividend equivalents
- Ideally a candidate with strong tax knowledge, in an operations environment
- Experienced in operations tax gained, in an investment banking or broker/dealer environment
- Experienced in the identification, the collection and control of the relevant tax documentation
- Act as a liaison with client on-boarding and front office staff with respect to follow up information required from payees and customers
- Coordinates and maintains reporting and tracking requirements for the Tax Operations process
Qualifications for tax operations
- Must have strong experience preparing and reviewing US GAAP tax provisions in accordance with ASC 740
- Assist with all tax operational matters and identify any compliance issues
- Prepare and update relevant tax provision schedules as needed
- Coordinate outsourced tax preparation work if any
- Coordinate WHT audits by various taxation authorities
- Manage relevant global compliance processes, including SOX 404 documentation and annual return to provision processes
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Tax Operations Job Description
Job Description Example
Our company is searching for experienced candidates for the position of tax operations. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for tax operations
- Preparing tax returns, tax provisions, and supporting documentation
- Assisting with the compilation of various financial information reports (pulling data from SAP) to support tax compliance and accounting
- Assisting with tax research and related memorandums
- Assisting with special tax projects
- Assisting with transfer pricing adjustments, transfer pricing reports, and pricing data
- Corresponding with foreign entities to ensure compliance with SOX controls
- Assisting with maintaining the Tax SharePoint Site
- Management and oversight of service delivery with particular emphasis on market developments, regulatory and compliance requirements and strategic change
- Ensure a strong risk and control culture exists amongst the team such that operational risk is inherently reduced and any potential risk situations are promptly identified and escalated
- Management of a group of Managers within the tax processing team
Qualifications for tax operations
- BA/BS degree required, preferably in Accounting
- Exposure to taxation principles preferred
- Must be willing to work overtime including some evenings and weekends during tax season
- Desire to learn and establish a career in tax
- Strong knowledge of Excel and Word for Windows and Access
- Strong aptitude for numbers and detail orientated
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Tax Operations Job Description
Job Description Example
Our company is growing rapidly and is hiring for a tax operations. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for tax operations
- Provides a balanced, cross-functional perspective, liaising with the other divisions to improve efficiency, effectiveness and productivity
- Identification of structural and country specific changes to taxation law in all jurisdictions
- Development and support to budget management process
- Seasoned multi-disciplinary expert with extensive tax technical and functional expertise
- In-depth Functional / Industry Knowledge is required, specifically International/ADR Taxation and Tax Documentation
- Excellent oral and written communication skills are required to communicate a senior/executive levels
- Ability to influence others outside of sphere of control and outside of geographical location
- A College or University degree and relevant proven work experience of 15+ years is required
- Industry qualification in Accounting or Taxation, relating to International Tax and reclaims in particular is a must
- Managing all aspects of US taxation, including Federal and State income tax return preparation
Qualifications for tax operations
- Innovative – you work with technology teams to develop a priori solutions
- Entrepreneurial mindset – you’re always seeking to go bigger, faster, and more efficiently
- Auteur – you have a strong aesthetic sense and an ability to rapidly develop product or feature vision and garner support
- BS/BA degree in accounting, finance, and/or related field
- Strong background in Brazilian indirect taxes (ICMS, PIS/COFINS, ISS, IRRF, Import Taxes, IPI, ) and withholding and information reporting compliance, preferably for a multinational organization
- An interest in Tax
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Tax Operations Job Description
Job Description Example
Our company is growing rapidly and is looking for a tax operations. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for tax operations
- Maintaining quarterly SOX 404 internal control procedures for tax accounting and ensure proper documentation
- Reviewing and analyzing quarterly forecasted Profit & Loss and impact to the overall income tax rates
- Monitoring the current and deferred taxes for all domestic and foreign entities, including analysis and determination of valuation allowances
- Ensure local compliance of tax obligations (compliance, advisory, planning) regarding the identification, tax treatment, withholding and reporting of transactional and operational taxes, particular to the Foreign Account Tax Compliance Act (FATCA), OECD Common Reporting Standards (CRS), Chapter 3/61, related Section Codes 305c, 302 , Hire Act (871m), Qualified Intermediary (QI), Financial Transactions Tax (FTT)
- Lead the business’ inputs into the US tax return, including preparation of the US tax return DCS feeds, business guidance to Corporate on items such as DMD, R&D, , and US cash settlement process with Corporate
- Review of all capital changes to ensure application of proper U.S. Income Tax consequences
- Provide guidance, verification, review, and post transactions related to amortization and accretion
- Responsible for establishing a work plan and timeline for meeting Internal Revenue Service statutory deadlines internal deadlines set by the Director, Vice President and Senior Vice President for the preparation of all individual components of the company’s Domestic and International Federal tax compliance (400+ tax returns)
- Stay informed of all changes to statutory filings and obligations, including form changes, through research and daily and weekly update reviews to ensure proper tax reporting occurs
- Monitor the progress of the work plan to ensure deadlines are met, resolve issues raised in the preparation and review of the individual components of the return, and second review and finalize Federal tax returns in the Hilton consolidated group after Supervisor review, as directed by the Director
Qualifications for tax operations
- Early Junior status within the undergraduate accounting program
- Early Senior status also committed to the MSAT graduate program
- Risk Management - Partner with the regional management team to provide effective oversight
- Two (2) years of supervisory experience, managing staff/analysts in the assignment, preparation, review processes associated with the US income tax compliance
- Must be fluent in corporate tax software systems, such as Corptax or OneSource
- Must possess proficient computer skills, specifically MS Excel, MS Word, corporate financials
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Tax Operations Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of tax operations. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for tax operations
- Responsible for establishing a work plan and timeline for the preparation and compilation of individual components of the company’s Federal consolidated tax return, completing the consolidation of these components in to the consolidated return for Director review
- Must understand the Internal Revenue Service consolidation statutes and regulations, and apply those rules to the company’s return, including but not limited to rules regarding intercompany eliminations, net operating losses, capital gains and losses, and Schedule M-3
- Must also understand the Corptax tax preparation software and be able to perform necessary consolidation functions
- Responsible for preparing the consolidated return to comply with all Internal Revenue Service rules for electronic filing, and successfully electronically filing the return after the Director, Vice President and Senior Vice President signoff
- Responsible for supervising, reviewing, and preparing Income Tax projects as required to meet the processes above, and additionally as directed by the Director, Vice President and Senior Vice President
- Develop training guides and provide in-house training to tax staff field training to corporate departments, division Controllers and other personnel to ensure proper tax compliance
- Monitor the progress of the work plan to ensure deadlines are met, resolve issues raised in the preparation and review of the various components
- Collaborate with internal and external stakeholders to identify, research and resolve discrepancies in reports, utilizing internal reporting processes and implementing solutions to improve the efficiency of tax operations
- Develop performance measures that support current and future needs
- Facilitate the tactical planning for the organization including tax analysis, and operational statistical analysis
Qualifications for tax operations
- Minimum 2 years of related experience in an Operations Manager role, managing in an inbound customer care call center environment
- Experience managing a seasonal account with high volume ramp preferred
- Excellent human relations skills and ability to create and maintain high energy, highly motivated services teams quickly
- Open availability (including weekends)
- Data driven results – ability to analyze and present performance & staffing metrics with little notice
- Experience with Salesforce, Tableau, IEX is preferred