The Junior Tax Manager is a mid-level role in the firm. This role involves a range of responsibilities related to managing tax compliance, planning, and advisory functions under the supervision of senior tax professionals.
Responsibilities : Tax Compliance :
- Preparing tax returns (corporate, individual, partnership, etc.) or overseeing their preparation.
- Ensuring tax filings are accurate and comply with local, state, and federal regulations.
- Reviewing tax calculations and filings prepared by junior staff.
Tax Planning :
ssisting in tax planning strategies to minimize liabilities and optimize tax benefits for clients or the organization.Supporting the development and implementation of tax-efficient structures for corporate transactions, mergers, acquisitions, or restructurings.Research & Analysis :
Conducting research on complex tax issues, including the interpretation of tax laws and regulations.nalyzing the impact of tax legislation changes and providing recommendations for adjustments to tax strategies.Client Interaction (for public accounting firms) :
Communicating with clients regarding their tax matters.Helping clients understand their tax positions and providing advice on tax-saving opportunities.Supervising Junior Staff :
Supervising tax associates or analysts, ensuring their work is accurate and completed on time.Providing training and guidance to junior staff on tax matters.Reporting & Documentation :
Preparing and reviewing internal reports related to tax filings and tax positions.Maintaining accurate documentation for tax positions and any associated risks.udit Support :
Supporting tax audits or responding to tax authority inquiries.Gathering and organizing necessary documentation to respond to audit requests.Skills & Qualifications :
Education : A bachelor's degree in accounting, finance, or a related field is typically required. Many Junior Tax Managers pursue a Master of Taxation or similar advanced degree.Certifications : A CPA (Certified Public Accountant) license or similar certifications (such as the CTA - Chartered Tax Adviser) may be preferred or required, depending on the organization.Experience : Typically, 2-4 years of experience in tax, including experience in tax preparation or tax planning, is required.Technical Skills : Proficiency with tax software (such as CCH, or similar tools), as well as strong Excel and data analysis skills.Knowledge of Tax Laws : Strong knowledge of current tax legislation, tax planning strategies, and accounting principles.ttention to Detail : Ability to identify discrepancies or issues in tax filings and data.Communication Skills : Strong verbal and written communication skills are essential for client interaction and team collaboration.Salary : $120k to $130k, 10% Discretionary Bonus