Tax Officer (225-923)

A Tax Officer is a crucial role within the finance department of any organization or governmental body, tasked with ensuring compliance with various tax regulations and laws. The individual in this position plays a vital role in analyzing financial structures, preparing detailed tax returns, and advising on tax-related issues. The Tax Officer is expected to stay updated with the dynamic landscape of tax laws and regulations and provide strategic tax planning to minimize liabilities and enhance savings legally. This position requires a high degree of accuracy, analytical skills, and a solid understanding of the legal complexities surrounding taxation. The Tax Officer's work is integral to preventing tax-related issues and maintaining financial health, ensuring all tax obligations are met efficiently and timely. By fostering strong relationships with stakeholders and the tax department, the Tax Officer ensures the smooth execution of tax procedures.

Responsibilities

• Prepare and file tax returns in compliance with relevant laws and regulations.
• Conduct regular tax audits to identify misstatements or fraudulent tax practices.
• Stay updated with current tax regulations and legislations at local, state, and federal levels.
• Provide strategic advice on the tax implications of business decisions to leadership.
• Collaborate with external auditors and tax advisors to support tax-related audits and queries.
• Develop and implement effective tax strategies to reduce financial costs and liabilities.
• Ensure timely execution of tax payments and filing procedures to avoid penalties.
• Maintain accurate and organized records of all tax documents and correspondence.
• Research tax issues and prepare briefing reports for management reviews.
• Assist in resolving any tax disputes or inquiries from tax authorities effectively.
• Analyze financial data for the preparation of tax reports and compliance checks.
• Liaise with internal departments to gather necessary financial data for tax processes.

Requirements

• Bachelor’s degree in Accounting, Finance, or a closely related field.
• Proven experience as a Tax Officer, Tax Analyst, or similar role.
• In-depth knowledge of tax codes, regulations, and compliance requirements.
• Strong analytical and problem-solving skills with attention to detail.
• Excellent written and verbal communication skills for accurate reporting and guidance.
• Proficiency with accounting software and tax preparation tools is essential.
• Ability to manage multiple tasks and meet tight deadlines efficiently.