Tax Senior Associate Job Description
Tax senior associate
provides tax compliance and preparation of tax returns with a concentrated focus on complicated corporation returns, including multi state taxation.
Tax Senior Associate Duties & Responsibilities
To write an effective tax senior associate job description, begin by listing detailed duties, responsibilities and expectations. We have included tax senior associate job description templates that you can modify and use.
Sample responsibilities for this position include:
Provide U.S. tax analysis of transactions
Handle tax reporting for investors and tax filings
Coordinate various foreign tax reporting requirements
Contribute to development and enhancement of technological systems
Interface with other areas of firm
Participate in departmental and divisional initiatives
Contribute to delivery of K-1s to investors on a timely basis
Manage/supervise small staff
Compliance for all tax returns including individuals, partnerships & some corporate tax returns
Researching and planning
Tax Senior Associate Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Tax Senior Associate
List any licenses or certifications required by the position: CPA
Education for Tax Senior Associate
Typically a job would require a certain level of education.
Employers hiring for the tax senior associate job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Taxation, Finance, Business, Law, Economics, Public Accounting, Associates, Graduate, Education
Skills for Tax Senior Associate
Desired skills for tax senior associate include:
Tax code and technical aspects of tax preparation and compliance
Taxation Codes and Regulations
Selected specialty practice
Tax software and technology
Tax process
Excel
Outlook
Payroll
Property and ad valorem taxes
State and foreign tax regimes
Desired experience for tax senior associate includes:
Tax restructuring and analysis
Tax planning and research as needed for clients
Working closely with managers, partners and clients to deliver quality tax services
Performing ad-hoc requests and duties as required
Planning and research for alternative investment clients including Asset Management, Hedge Funds and Private Equity
Working closely with managers and partners
Tax Senior Associate Examples
1
Tax Senior Associate Job Description
Job Description Example
Our innovative and growing company is looking for a tax senior associate. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for tax senior associate
- Ensure all required tax returns are timely and correctly filed
- Participating in tax planning
- Consultation process for clients
- Basic tax research
- Conducting research on various client issues
- Supervising Tax Associates
- Reviewing and preparing of federal, state and local corporate tax returns (1120, 1120s and 1120f)
- Reviewing and preparing of federal, state and local partnership returns (1065’s)
- Reviewing and preparing of quarterly estimates – corporate and partnership
- Supporting and training staff in the preparation of all aspects of corporate & partnership returns and research
Qualifications for tax senior associate
- Interacting and building client relationships and support Manager/Senior Manager/Partner on client accounts
- Experience with C-Corporations
- Prepare workpapers which consist of calculation and analysis of book/tax differences
- Accumulate information needed to complete tax work, including interfacing with other areas of the firm
- Supervise and train tax analysts
- Assist in tax provision work and preparation of tax footnotes
2
Tax Senior Associate Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of tax senior associate. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for tax senior associate
- Reviewing fund/investment level partnership tax returns, REIT and corporate return reviews, workpaper preparation, and book to tax analyses
- Working closely with other tax team members and accounting staff the firm's outside tax advisors
- Serving as the primary link to external administrators
- Assisting with FATCA, FBAR, book accounting matters, securities position analysis
- Reviewing fund/investment level partnership tax returns, various tax products and corporate return reviews, workpaper preparation and book to tax analyses
- Federal and state tax reporting, tax estimate calculations, entity election maintenance and operational functions, including payment processing and notice resolution
- Working closely with the Accounting staff our outside Tax Advisors
- Preparing and reviewing federal, state and local income tax returns for individuals, trusts, partnerships and corporations, with a concentration in trust tax returns
- Trust and Estate Tax planning
- Strong grasp of tax rules for top bracket income earners
Qualifications for tax senior associate
- 4+ years of Hedge Fund Tax experience
- Performing tasks involved in the everyday course of business operations
- 2+ years of current or recent Tax Generalist experience from a competitive CPA firm
- CPA or MST a plus
- Knowledge of OneSource Tax Provision and OneSource RS Income Tax software desired
- Knowledge of SAP, Hyperion, and/or HFM financial software desired
3
Tax Senior Associate Job Description
Job Description Example
Our company is growing rapidly and is looking for a tax senior associate. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for tax senior associate
- Outsourced tax compliance
- Tax allocations
- Ability to research complex tax issues and complete special projects as needed
- Assist with development and supervision of Associates
- Continually maintain professional development through ongoing education and additional certifications
- Maintain knowledge of firm services, other than tax compliance, and promote to clients when appropriate
- Review and preparation, when needed, of Federal and State tax returns (1065, 1120), along with other supplemental and information reporting tax forms (1042, 1042-S, 8804, 8805, 8865, 8858, 5471, 926, 8621, 8886, PFIC statements)
- Review and preparation, when needed, of Federal and State Schedule K-1s, footnotes and disclosures
- Work with the Accounting Department and the Fund Administrator to review books and records and partner demographics to provide information to outside tax advisors
- Analyze underlying security transactions for potential wash sale, constructive sale, straddle, short sale adjustments, future/forward contracts, Sec 988, 1256 contracts, qualified dividend income, original issue discount, market discount, premium amortization and other necessary tax adjustments
Qualifications for tax senior associate
- Knowledge of ProSystem FX Tax Preparation software
- Prepare and review periodic tax true-up, income tax reporting, tax wash-up and other tax reporting such as Present Entitlement, 45 Day Rule, Carve-out, Div16e, AIIR
- CPA and MST a plus
- Comprehensive understanding of tax law
- Proficient in complex tax return preparation
- Minimum 2+ years of recent experience in Public Accounting with an emphasis on Tax
4
Tax Senior Associate Job Description
Job Description Example
Our growing company is hiring for a tax senior associate. 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 senior associate
- Track and make quarterly estimated tax payments with the IRS
- Review and preparation of FBAR filings
- Research of tax issues when needed
- Reviewing prepared tax
- Managing the tax staff
- Prepare schedules and workpapers in connection with the computation of the quarterly and annual tax provisions
- Work in a cross-functional environment working between the accounting staff and the tax department
- Assist the Director of Tax in creating complete, accurate tax work paper packages
- Manage the preparation and issuance of K-1s
- Perform information reporting, FIN 48 analysis for those entities that undergo a financial statement audit
Qualifications for tax senior associate
- Exposure to many issues pertaining to Corporations, Partnerships and High Net Worth Individuals and trusts
- Ability to meet client deadlines while handling multiple concurrent engagements
- 1.5 - 4 years of tax preparation experience in public accounting
- Manage the federal and state notices that the firm receives which involves, researching, answering and tracking status
- Complete ad hoc projects and requests
- Preparing and analyzing tax returns and strategies for clients
5
Tax Senior Associate Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of tax senior associate. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for tax senior associate
- Reviewing Form 1120 and 1065 (including 5471, 5472, and 8858), 1120-C, and multi-state income and franchise tax returns
- Preparing estimates and extension tax projections, payments, and state and foreign withholdings tax forms such as 1042 & 8805
- Draft and deliver proposals for engagements and develop knowledge about the range of services offered by the firm
- Ensure timely and quality delivery of services to exceed the expectations of our clients
- Oversee tax research projects for clients in diverse industries
- Learn and begin to apply growth process (participates in assigned RC,, pipeline support, COPs)
- Supervises the engagement (job) project management, billing, ensures QC (technical) standards
- Review the monthly, quarterly, and annual non-income tax related filings, including sales & use tax, VAT/GST, rent tax, and property tax returns, business registrations as needed
- Support all statutory tax audits (income, sales & use, property, ) and prepare responses for review by the Associate Director and/or Director
- Conduct thorough tax research (including income, sales, foreign, ) and maintain appropriate documentation of research for future reference, including drafting of memos as appropriate
Qualifications for tax senior associate
- Experience with a national or large regional accounting firm preferred
- 3+ years of Tax practice experience within a CPA firm
- Knowledgeable with all aspects of Corporate Tax, Partnership and High Net Worth individuals
- Experience with high net worth individuals and pass through entities a plus
- 10+ years of Tax experience (990 Non-Profit, Compliance, Corporate, Individual, Partnership)
- The word “tax” is not foreign to you, and you can easily explain details of your tax experience and/or can explain the difference between a 1040 and an 1120