Financial Tax Accountant

Key Responsibilities of the Financial Tax Accountant: 

1. Tax Compliance and Reporting:

   • Prepare and file federal, state, and local tax returns accurately and timely.
   • Ensure compliance with all tax laws and regulations.
   • Maintain and update tax records and documentation.

2. Tax Planning and Strategy:

   • Develop and implement tax strategies to optimize the company’s tax position.
   • Advise management on the impact of new tax laws and proposed legislation.
   • Identify opportunities for tax savings and recommend strategies for implementation.

3. Financial Analysis and Reporting:

   • Conduct tax-related financial analysis and prepare reports for management.
   • Collaborate with the finance team to ensure accurate financial reporting.
   • Assist in the preparation of the annual budget and financial forecasts with a focus on tax implications.

4. Internal Controls and Audit:

   • Develop and maintain internal controls related to tax processes.
   • Coordinate with external auditors during tax audits and reviews.
   • Address and resolve any tax-related issues identified during audits.

5. Research and Documentation:

   • Conduct research on complex tax issues and provide clear, concise, and actionable advice.
   • Stay updated on changes in tax laws and regulations.
   • Document tax positions and decisions for future reference.

6. Collaboration and Communication:

   • Work closely with other departments to gather necessary information for tax filings.
   • Communicate effectively with regulatory agencies and external advisors.
   • Provide training and support to junior staff members on tax-related matters.

Qualifications of the Financial Tax Accountant: 

• Bachelor’s degree in Accounting, Finance, or a related field.
• CPA certification or equivalent preferred.
• Minimum of 3 years of experience in tax accounting or a related field.
• Strong knowledge of federal, state, and local tax laws and regulations.
• Proficient in accounting software and tax preparation software.
• Excellent analytical, organizational, and problem-solving skills.
• Strong attention to detail and accuracy.
• Ability to manage multiple tasks and meet deadlines.
• Excellent communication and interpersonal skills.