Tax Staff Accountant Job Description
Tax staff accountant
provides direction to staff to ensure all financial activity is recorded within established time frames and in accordance with Generally Accepted Accounting principles (GAAP) and corporate guidelines.
Tax Staff Accountant Duties & Responsibilities
To write an effective tax staff accountant job description, begin by listing detailed duties, responsibilities and expectations. We have included tax staff accountant job description templates that you can modify and use.
Sample responsibilities for this position include:
Record transactions in ledgers, prepare trail balances and financial statements
Assist in proofing financial statements, tax returns, and other documents
Preparing tax returns and related reports to ensure compliance with all state and local tax statutes and regulations
Preparing detailed state apportionment schedules for the firm’s various business units and joint ventures
Preparing the firm's state & local tax provision, analyzing FIN 48 positions and computations for purposes of its quarterly and year-end earnings release and financial statement filings
Performing research on various state and local tax issues
Assisting with tax audits
Handling various state and local tax notices from tax authorities and proposing solutions
Transfer pricing between UK and NY
Assisting Client Service with Investor tax issues, including questions regarding K-1's, and tax basis
Tax Staff Accountant Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Tax Staff Accountant
List any licenses or certifications required by the position: CPA, EA
Education for Tax Staff Accountant
Typically a job would require a certain level of education.
Employers hiring for the tax staff accountant 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, Taxation, Economics, Education, Public Accounting, Math, Technology, Graduate
Skills for Tax Staff Accountant
Desired skills for tax staff accountant include:
Audit principles/standards
Basic business
Basic technical skills
Technology
Corporate Policy and Compliance Manual
Employee Manual document
Independence Guidelines and Ethical Standards document
Financial statements
Basic tax laws/Generally Accepted Accounting Principles
Microsoft Office
Desired experience for tax staff accountant includes:
Initiating and generating entity classification forms for newly formed the entities
Responding to Government tax notices
Computing IRS, state, and AMT depreciation using tax depreciation software
Preparing federal, state combined, and separate company state income tax returns using Vertex software
Reviewing provision calculations prepared by field accountants and identification of deferred tax assets and liabilities
Responsible for K-1 preparation, distribution and other tax compliance requirements for 120+ Private Equity Partnerships
Tax Staff Accountant Examples
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Tax Staff Accountant Job Description
Job Description Example
Our company is looking for a tax staff accountant. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for tax staff accountant
- Responsible for communication to outside tax accountant
- Analyze the corporate tax implications of merger, disposition, and acquisition opportunities
- Provide support for the analysis and implementation of tax planning and savings initiatives, including credits and incentives (“C&I”)
- Lead and supervise audit engagements in a variety of industries concentrating on manufacturing and distribution
- Team with partners and senior managers on proposals and business development opportunities
- Prepare returns for individual and corporate tax clients including federal, foreign and state & local
- Returns phone calls daily, checks voice mail at least twice a day
- Participates in selected administrative committees and functions
- Seeks projects when available
- Adheres to the Firm’s Mission and Core Values
Qualifications for tax staff accountant
- A minimum of 2-4 years as a Sales Tax Preparer
- Solid understanding of tax laws and GAAP
- Four year Accounting or Finance Degree preferred
- 1-2 years minimum Tax or Accounting experience desired
- OneSource/GoSystem tax software experience is a plus
- 2+ year's experience with general accounting or tax
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Tax Staff Accountant Job Description
Job Description Example
Our growing company is looking to fill the role of tax staff accountant. 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 staff accountant
- For U.S. federal income tax, assist with variance analyses for forecast/plan versus actual tax
- Customer tax exemption verification
- Coordinating with finance team
- Prepare returns for individual and corporate tax clients including federal, foreign and state and local
- Research specific tax technical issues
- Supervise activities of tax staff and interns
- Prepare non-income/non-sales/use returns as assigned
- Maintain the equity related tax files for the Firm’s holding company’s K-1 reporting for approximately 500 K-1’s
- Applies accounting principles to analyze financial information and prepare accurate work papers for tax engagements under the direct supervision of a partner, manager, or supervisor as assigned
- Follows the progress of engagements and helps to identify and research issues as assigned
Qualifications for tax staff accountant
- Completion of an accounting internship preferred
- Recent experience in the preparation of complex individual and business tax returns (Forms 940, 941, 1040, 1120, 1120 1065, 1041 ) in a public accounting environment
- Requires a Bachelor’s Degree in Accounting or an equivalent combination of education and experience
- Requires less than three years of job related experience
- Bachelor's degree in Accounting with 150 credit hours
- 1+ years of experience in a similar public accounting firm position
3
Tax Staff Accountant Job Description
Job Description Example
Our company is hiring for a tax staff accountant. 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 staff accountant
- Provide support and file property tax returns and Abandoned and Unclaimed Funds Reporting
- Reconcile sales, property and income tax accounts
- Address and investigate tax notices from various jurisdictions
- Communicate technical issues to clients, managers, and team members
- Respond to inquiries from taxing authorities with direction from in-charge
- Analyze depreciation to determine proper methodology for tax impact on client engagements
- Provide assistance in meeting reporting due dates for assigned areas of tax compliance
- Prepare documents and work papers to comply with federal, state and local tax reporting requirements
- Calculate quarterly estimated taxable income for remittance of estimated tax payments to federal, state, and local taxing agencies
- Maintains an atmosphere of friendly, enthusiastic customer service with an emphasis of taking care of the customer
Qualifications for tax staff accountant
- Outstanding academic performance required, with a GPA of 3.0 or above preferred
- 1-2 years experience in a tax related role
- Possesses the ability to follow directions to accomplish goals in an effective manner
- Possesses intermediate excel skills with the ability to master advanced excel skills quickly
- Working knowledge of tax software systems
- CPA designation or CPA eligibility strongly preferred
4
Tax Staff Accountant Job Description
Job Description Example
Our company is looking for a tax staff accountant. 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 staff accountant
- Allocates costs to individual organizational entities and analyzes the impact of cost allocation on individual financial statements
- Prepare individual and small business entities income tax returns
- Work with the office assistant on client’s bookkeeping and write-ups by preparing journal entries, analyze balance sheet and profit and loss accounts for reasonableness
- Prepare monthly, quarterly and annual payroll tax returns
- Helping file sales / use and miscellaneous other tax returns on-line during January and February
- Filing sales / use tax returns –working with a monthly list
- Relevant tax experience
- Preparing tax provisions for domestic legal entities and segments
- Monitoring existing and emerging tax laws and communicating tax compliance or accounting impacts
- Developing and maintaining strong industry and business knowledge and establishing relationships within and outside the organization
Qualifications for tax staff accountant
- Proficiency in Onesource tax software preferred
- Ability to independently coordinate resources and complete assigned projects with supervision
- Ability to work in a deadline-driven environment and carry out tasks with a sense of urgency
- Frequent contact and interaction with foreign subsidiary personnel
- Minimal international travel may be required
- Have willingness and ability to travel as needed for client projects
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Tax Staff Accountant Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of tax staff accountant. 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 staff accountant
- Review company financial documents and prepare corporate tax returns
- Review completed business returns for accuracy
- Prepare reports and projects as requested by upper management
- Prepare various business tax returns
- Maintain technical competency and accuracy of practice management software for overall client engagement functions as assigned
- Responsible for overall client engagement functions
- Prepare accounting related entries to numerous registers, journals and logs
- Perform monthly bank settlements
- Respond to tax questions received by chat, telephone, issue tracker and discussion board ensuring the department minimizes response times and meets service levels goals
- Preparation and filing of returns
Qualifications for tax staff accountant
- MS in Accoutning, required
- 2 years of professional experience in tax compliance and/or accounting, preferred
- ProSystem fx Tax experience
- Bachelors Degree - Accounting/Finance from an accredited university
- CPA designation or candidate on CPA track
- Approximately 1-2 years relevant tax experience in public accounting or industry tax position with exposure to variety of areas within tax arena