Tax Accountant Job Description: Top Duties and Qualifications

Estimated reading time: 2 minutes

A Tax Accountant, or Tax CPA, is a finance professional responsible for helping individuals and organizations file their taxes appropriately while following legal guidelines and obtaining the maximum possible tax return. Their duties include collecting tax forms and tracking client paperwork, identifying potential tax credits and producing tax reports.

Build a Job Description

Tax Accountant duties and responsibilities

A Tax Accountant’s duties are all tax-related and include the following:

  • Prepare tax provisions schedules, returns, payments, reports and maintain a company’s tax database
  • Find tax solutions to complicated tax issues or errors from incorrect tax filings
  • Identify legal tax savings and recommend ways to improve profits
  • Make sure that clients comply with federal, state and local tax regulations
  • Advise management about the impact of tax liabilities and corporate strategies or new tax laws
  • Coordinate outsourced tax preparation work
  • Accurately prepare quarterly and annual tax reports
  • Keep up-to-date with tax changes and industry trends by participating in educational opportunities, participating in professional organizations, keeping up with professional networks and reading professional publications

Tax Accountant Job Description Examples:

×

Tax Accountant

BASIC Purpose: This position is responsible for the preparation of taxes and other financial services for all Business Units. Essential Functions: · Prepare all sales tax, payroll tax, and unemployment returns for all Companies accurately and on a timely basis, including maintaining schedules and appropriate paper work. · Prepare property tax returns for all Company locations accurately and on a timely basis, including maintaining fixed asset schedules and appropriate work papers. · Prepare all business license applications and renewals and ensure these are current at all times. · Prepare state compliance filings, such as authority to do business in new tax jurisdictions when appropriate, and annual report filings in registered states. · Periodically validate that each Company is in good standing in the states in which it is registered to do business. · Assist with state tax audits and defend positions taken in these returns. · Prepare reconciliations of all payroll withholdings and sales tax liability general ledger accounts according to established schedule. · Provide assistance to external tax accountants in the preparation of all returns. · Provide assistance in other finance department projects as necessary. Requirements: · Minimum of 3 years of relevant experience · Corporate tax experience directly related to filing multi-state payroll and sales & use tax returns · Ability to identify potential sales tax issues, perform relevant research, interpret regulations, determine applicability to our business, and recommend positions Experience with ERP systems, preferably Oracle Advanced Excel skills preferred · Able to multi-task and manage multiple priorities in an efficient, organized manner · Excellent interpersonal, verbal and written communication skills required · Ability to prioritize a must · Superior verbal and written communication skills · Ability to work well in a team environment, as well as independently (with no supervision)
×

Tax Accountant

*_Sourced. is hiring on behalf of this company. We will be working with all candidates during the hiring process. For client confidentiality, we will not disclose our client's name until you are approved for an interview with the client._* We are seeking a Senior Tax Accountant who is experienced in all facets of accounting and is excited about the opportunity to work alongside the owner and founder, helping business owners to make sure their company’s accounting and taxes are accurate and comprehensive. In this role you would have access to paid holidays and time off, a 401(k), and the opportunity for advancement within the company. *Essential Job Responsibilities include but are not limited to: * *_Senior Accounting Manager_* * Will eventually manage people but it is required that this person will “do the work” also * Must know how to class and match transactions for payroll * Budgeting and forecasting experience is a plus * Analyze and manage client profitability and report feedback to the company CEO * Perform bookkeeping services as needed for multiple complex clients or clients in transition * Research and continue education in all areas of accounting and technology used internally and by clients * Support the on-boarding of new clients to ensure adequate support to the primary bookkeeper * Onboard new employees and ensure their successful transition to the company * Co-lead staff meetings and training *_Job Requirements, Qualifications and Skills _* * 3-4 years of experience as an accountant as a minimum (AP/AR experience would NOT make a good fit) * Must have experience with sales tax and other forms of tax * Strong communication & interpersonal skills * Pleasant disposition while educating clients about financial statements * Must have Quickbooks experience * Tax Softwares: Drake (tax filing software) and Tax Dome (client workflow) * Payroll Softwares: Gusto and ADP * Slack, Skype, and Zoom for communication tools * Ability to use workflow software * Google Suite * Excellent in creating systems and processes * Strong organizational skills * Critical thinker * Ability to work well under pressure *_Personality Type _* * Likes to “get the work done” * Enjoys supporting multicultural clients, including small to mid-sized business owners * Considers themselves a leader * Strong critical thinker * Enjoys working both with a team and independently * Quick learner of new softwares and technologies * Analytical and detail-oriented Job Type: Full-time Benefits: * 401(k) * Paid time off Schedule: * Monday to Friday Ability to * Alpharetta, GA 30009 (Preferred) Application Question(s): * Are you a CPA? * Have you worked within a tax preparation firm? (Working for one, not with one.) * Please provide 3 professional (not personal) references and their contact information. * Are you willing to undergo a background check, in accordance with state and local law and regulation? * What is your desired salary and/or salary range, for consideration? (Please provide at least your lowest acceptable rate.) * We are also hiring for a bookkeeper with the same company. Would you like to be considered for this role as well? Experience: * Account management: 3 years (Preferred) * tax preparation: 3 years (Preferred) Work Location: * One location Work Remotely: * Temporarily due to COVID-19
×

Tax Accountant

Description Summary: The Tax Accountant will be involved in all areas of tax, regulatory compliance and reporting to ensure compliance with tax laws and regulations in an accurate and timely fashion. This position also requires taking a role in the analysis and preparation of various state, city, and local sales and use tax returns, assist the Tax Supervisor in the preparation of the Federal and State corporate income tax return, and participate in tax related projects, as required. Main Tasks & Responsibilities: Preparation of the Company’s sales and use tax obligations, including issuance of exemption certificates, account maintaining CCH SureTax matrices and preparing monthly sales & use tax reports returns. Assist the Tax Supervisor with tax audits by preparing information document requests as needed. Timely filing of all property tax declarations, unclaimed property, annual reports and other periodic tax filings. Complete monthly account reconciliations for all tax related G/L accounts. Assist in the preparation of federal and state income tax returns for review by Tax Supervisor. Assist with responding to notices from Federal, State, and Local tax authorities. Research tax questions and handles special projects as needed. Essential Skills, Qualifications and Education Needed: Bachelor’s degree in Accounting, Finance or related discipline, CPA certification and/or MS in Tax preferred At least 1-2 years of tax accounting and compliance experience with either a public accounting firm or a multi-state manufacturing or telecom company. Technical indirect tax knowledge Excellent interpersonal and communication skills with verbal, written, face-to-face and over the phone interactions with partners and all levels of staff and management in both English and Mandarin required Ability to effectively manage projects, prioritize and multi-task. An energetic and positive, can-do approach Ability to efficiently handle multiple tasks simultaneously, while prioritizing efficiently Ability to be a self-starter, well organized, have extreme attention to detail. Be able to work independently as well as working well with a team. Diligent and responsible attitude, attention to detail and the ability to consult to Company management and staff on tax-related issues. Proficient in Microsoft applications including Word, Excel, PowerPoint, and Outlook and other common accounting software Flexibility to work seamlessly with global sales team in different time zones.

What does a Tax Accountant do?

Tax Accountants can work at accounting firms, accounting departments at large companies or as part of the financial team for a small business. Their primary role is to make sure that their clients file their taxes appropriately to prevent fines. They process complex tax paperwork and government forms, appropriately documenting business activities to make it easier to prepare annual tax returns. Tax Accountants audit company records to identify and correct any mistakes or source missing documents. They create a tax payment schedule and help manage their client’s tax budget.

Tax Accountants also serve a supervisory and consulting position where they recommend company policies to enable savings on taxes. They research tax laws and stay up-to-date on the potential tax liabilities in their industry.

Tax Accountant skills and qualifications

A great Tax Accountant needs to have the following key skills:

  • Good communication skills: A Tax Accountant must be able to explain complex tax regulations in a simple and clear way to non-specialists so that they can understand easily.
  • Numeracy: Although a Tax Accountant does not need to be a math genius, he or she will be working with numbers, and thus needs to be comfortable with numbers. 
  • Time management: Being a Tax Accountant means that there are specific deadlines that need to be met. A Tax Accountant must be able to prioritize tasks and take responsibility for a professional workload. 
  • Problem-solving skills: A great Tax Accountant must be able to solve issues and be creative in their thinking. For example, a Tax Accountant may need to reduce the amount of tax a client pays, it’s up to the Tax Accountant to know which tools are available and find a clever solution using tools like trusts and tax-free investments.
  • Attention to detail: The regulations in the tax law mean exactly what they say, a Tax Accountant must pay attention to each word in the law.   
  • Well-organized:  During their career, a Tax Accountant will face many complex issues and tasks, thus, being well-organized and able to work through them methodically is an essential skill.

Tax Accountant salary expectations

On average, in the U.S., a Tax Accountant can expect to earn a yearly salary of $61,946. This salary estimated is based on 1,849 salaries submitted to Indeed, by Tax Accountants and collected over the past 36 months from job posts. This estimated salary is based on 1 to 3 years of Tax Accountant job experience. 

Tax Accountant education and training requirements

To qualify as a Tax Accountant, a candidate must have a bachelor’s or master’s degree in Accounting or relevant field. Taking a certified public accountant exam upon graduation may give a candidate a competitive edge over other applicants. 

Tax Accountant experience requirements

Job experience requirements may vary from company to company, with most businesses requiring at least 3+ years of experience as a Tax Accountant or in a similar role.  

Job description samples for similar positions

Although this is a great sample Tax Accountant job description, you may be looking for something else, such as the following:

Frequently asked questions about Tax Accountant

What is the difference between a Tax Accountant and a Tax Preparer?

Tax Accountants and Tax Preparers are both financial professionals dedicated to helping their clients manage their tax information. The main difference between a Tax Preparer and a Tax Accountant is the scope of their work. Tax Preparers provide basic assistance to clients during tax season, while Tax Accountants consistently work with their clients to shape their financial management strategies. 

Tax Accountants also have more advanced qualifications than Tax Preparers, allowing them to give in-depth financial help to their clients. Tax Preparers have the training to help someone file their tax returns appropriately, but they may not have the advanced financial training to advise on company tax policy. Tax Preparers primarily work with individuals instead of businesses because of the complex nature of company tax returns.

 

What are the daily duties of a Tax Accountant?

Tax Accountants work in an office environment, where they use bookkeeping techniques to manage a large amount of company paperwork. Tax Accountants are usually the busiest during tax season when they actively work to file taxes on time for their clients, although they may also prepare tax returns throughout the year to help clients working on an extended schedule. They request tax forms, collect signatures to authorize submissions, review tax summaries and document each client’s tax status. They conduct research to resolve issues, make corrections to tax forms and digitize paper documents. Tax Accountants communicate with company leaders to determine how their business choices could impact their tax burden.

 

What are the characteristics of a good Tax Accountant?

Because Tax Accountants work with extensive amounts of paperwork, receipts and forms, they must be highly organized. Good Tax Accountants are able to devise logical systems to plan, sort and track financial information for each client, creating clear documentation that complies with legal regulations. They should have excellent math skills to help them calculate the tax costs related to different sources of income and accurately predict the amount of each tax return. 

It’s also important for Tax Accountants to display honesty and integrity in their work to build trust with clients and prevent tax fraud. Successful Tax Accountants respect confidentiality for their clients and treat sensitive financial information with attentive care. They give their clients sound financial advice while upholding laws to ensure they make an appropriate tax contribution.

 

What should you look for on a Tax Accountant's resume?

When hiring for a Tax Accountant, look for candidates who have a valid Certified Public Accountant designation. Candidates with CPA status have to meet rigorous knowledge requirements, preparing them to handle tax accounting responsibilities. Look for resumes that feature previous experience working with or learning about corporate tax law to select candidates with extensive knowledge of IRS tax code. Prioritize candidates who share the impact of their expertise by identifying how they have saved clients money or streamlined their tax documents.

Job Description Examples

Need help writing a job description for a specific role? Use these job description examples to create your next great job posting. Or if you’re ready to hire, post your job on Indeed.

No search results found

    *Indeed provides this information as a courtesy to users of this site. Please note that we are not your career or legal advisor, and none of the information provided herein guarantees a job offer.