Senior Tax Accountant

Senior Tax Accountant

Reports to: Supervisors, Managers, Sr. Managers, Directors and Partners

 

SUMMARY OF RESPONSIBILITIES:

 

Senior Accountants are responsible for utilizing his or her educational background as well as communication and organizational skills for the preparation of tax returns and research. In this role, the Senior Tax Accountant will apply his or her foundational knowledge to understand potential tax issues, gathering client information when necessary for filing, participating in tax planning, recognizing and communicating potential risks, preparing tax accrual workpapers and working with tax software applications to complete tax returns for review. In this role, a Senior Tax Accountant may be charged with supervising and reviewing the work of Staff and Semi-Senior Tax Accountants. When unusual situations and/or complex tax matters arise, they present the pertinent information to the Supervisor, Manager or Partner for resolution of such matters.

 

Tax Compliance

 

• Ensures clients comply with all applicable authorities, while at the same time, minimizing their tax and reporting burdens. In addition, ensures, compliance with all Firm policies and procedures.
• Responsible to review client documentation, making any necessary book and tax adjustments
• Preparation of 1040, 1065, 1120, 1120s, 990 and other tax returns, including 1120F, 5471 & 5472 international compliance forms
• Review and prepare footnote disclosures in compliance with 740-10-55
• Meets internal deadlines by managing job flow and work schedule to complete assignments, matching client expectations for timely delivery of service
• Preparation of clients’ consolidated trial balances & support using the Firm’s software
• Direct contact with client to obtain necessary information needed for the completion of tax returns
• Introduces and develops new or improved ideas to improve the position of clients, the Firm, or Firm personnel, e.g., by reducing taxes or expenses or providing non-tax benefits
• May be required to prepare studies of tax implications and offer clients alternative courses of action
• Resolutions of client issues as they arise
• Address IRS and State notices in a timely and efficient manner

 

Research

 

• Identifies when research is needed and applies knowledge of the use of internal/external research tools and clearly and concisely reports and analysis

 

Supervisory Responsibilities

 

• Supervise Semi-Senior and Staff Accountants
• Provide verbal and written performance feedback to Semi-Senior and Staff Accountants
• Teach/coach associates to provide on the job learning
• Acts as a “Buddy”

 

WORKING CONDITIONS

 

1. Work will be performed in the firm’s office or on client premises. Work on client premises may require the use of the professional’s personal vehicle
2. Capable of working in a demanding, deadline driven environment with a focus on details and accuracy to complete tax engagements

 

PROFESSIONAL DEVELOPMENT

 

Senior Tax Accountants are expected to develop professionally by:

• Actively pursuing the completion of CPA licensing
• Participating in continuing professional education
• Continue to improve technical knowledge
• Keep up with ongoing tax laws changes
• Obtain a working knowledge of the firm’s tax research sources in the firm’s online library
• Working with firm management on in-house training programs, including CPE and other presentations

 

QUALIFICATIONS, KNOWLEDGE, SKILLS AND ABILITIES:

 

Education:

• Bachelor’s or Master’s degree in Accounting, meeting requirements to sit for the CPA exam

 

Experience:

• Three (3) plus years prior work experience
• Experience with corporate taxation, consolidations, and partnerships preferred
• Prior basic supervisory experience preferred
• Prior experience preparing and reviewing of tax provisions preferred

 

License/Certifications:

• CPA preferred or actively pursuing licensure

 

Software:

• Proficiency in Microsoft Office Suite (Word, Excel, Outlook, and PowerPoint), and Adobe Acrobat
• Prior experience with tax research databases, such as BNA and RIA, including all tax compliance process software appropriate for this level

 

Other Knowledge, Skills & Abilities:

• Solid verbal and written communication skills
• Able to follow instructions as directed by members of the Tax Team
• Able to prepare simple to complex tax returns
• Takes appropriate actions without being asked
• Seeks advise of appropriate superiors regarding issues, problems related to compliance
• Possess people development and delegation skills
• Possess strong analytical, research and critical thinking skills
• Able to work well in a team environment

 

This job description does not list all the duties of the job. Professionals may be asked to perform other assignments and duties. They will be evaluated, in part, based on the individual’s performance of the tasks listed in this job description.

The firm’s management has the right to revise this job description at any time. The job description is not a contract for employment.