For employers looking to fill a Tax Accountant vacancy, the following sample position description can help you to attract the best candidates for the role. By tailoring this position description according to your company's specific job requirements, you have an excellent interview tool for comparison purposes.
For job seekers looking for a Tax Accountant role, this job description details what the role may involve and what skills and experience are required to give you the best chance of securing the position.
A Tax Accountant forms part of the accounting team and generally reports to the CFO/Financial Controller or Tax Manager. This role is typically broken down into either Compliance (ensuring the business complies with all tax legislation) and/or Advisory (where the business is advised on how to best structure for taxation purposes). As a Taxation Accountant, you would be responsible for ensuring the business meets its tax liabilities in accordance with regulatory requirements.
As a key contributor to the financial success of a business, Tax Accountants play an important role by ensuring the company is fulfilling its legal obligations. Their duties and responsibilities may include, but are not limited to:
Management of Direct (such as Corporate Income Tax) and all Indirect (such as FBT, Payroll, GST) tax matters for the organisation
Preparing paperwork for tax payments and returns
Ensure the company’s Executive team is aware of Tax exposure and impact from Asset disposals/structural business changes/Mergers and acquisitions etc.
Recommending tax strategies that align with business goals
Preparation and lodgement of tax returns
Providing tax advice to Senior Managers on all taxation matters such as research and development tax breaks etc.
Organising and updating the company's tax database
Reviewing, updating and improving tax-related systems
Identifying areas to reduce tax exposure
Keep up to date with changes to the taxation legislation
Liaising with the Australian Taxation Office (ATO), auditors and regulatory bodies when required
Forecasting tax predictions, understanding the financial landscape and market trends
The more common skills and attributes that are most needed for this role may include:
Experience as a Tax Accountant, Tax Analyst, or Tax Preparer
Excellent time management skills
High level of attention to detail and multitasking
Excellent analytical and critical thinking
Professional interpersonal and relationship skills including excellent written and verbal communication skills
Advanced computer software skills, including Excel and other accounting packages
Bachelor's Degree in Accounting, Finance, Economics, Business, or Business Administration
Professional Accounting qualifications such as CA or CPA or Masters of Tax
$75 - 100K + Super
For hiring managers ready to recruit a Tax Accountant, download our job description template.
For job seekers who need to write or update their resume, download our resume guide and template.
Typically, the role is responsible for ensuring the business complies with tax legislation and advising the company on the best structure for taxation purposes. They would work closely with the external Auditors and Chartered firm. It is mainly larger businesses that employ a Tax Accountant. Smaller-medium businesses generally use an external Accountant to deal with their company tax matters.
Generally, a Corporate Tax Accountant can earn between $75K and $100K + Super.
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