Tax Accountant Job Description: Top Duties and Qualifications

A Tax Accountant, or Tax Adviser helps clients with their income tax statements. Their duties include submitting client tax returns, explaining tax law and tax planning.

 

Build a Job Description

What does a Tax Accountant do?

Tax Accountants help clients prepare and submit their annual income tax returns. They help clients maximise their deductions and receive the largest possible returns. They also ensure their clients meet their legal obligations and submit returns adhering to tax regulations. They also offer tax planning services, which help clients prepare for their future. Tax Accountants work with individual and business clients with a range of tax needs and annual incomes. They help accounting and finance firms increase customer loyalty and positive word-of-mouth recommendations. Many people see the same Tax Accountants throughout their working lives.

 

Build a Job Description

Tax Accountant Job Description Examples:

 

Example 1

Overview: Having surpassed £2bn in sales in a record-breaking year and an ambitious growth plan in place, there has never been a more exciting time to join Screwfix. Our Commercial Finance function paves the way for our success. We are looking for a Senior Tax Accountant to provide compliance and advice for all tax matters within Screwfix, ensuring alignment with Kingfisher group tax team and optimising tax treatment across the business. Responsibilities: Lead the Tax planning and compliance for Screwfix considering the future strategy of the business, group policy and local regulations. Recommend efficient tax structures and best practice solutions. Co-ordinate between Screwfix and Group Tax team to ensure that local compliance, controls design, documentation and operations remain consistent with Group policies and standards Anticipate and assess industry developments and legislation changes and deliver solutions. Provide technical support and expertise, particularly covering local VAT requirements, to the International expansion project. Responsible for review and submission of Corporate Tax and VAT returns, including analysis for Director sign off as required. Review internal procedures and ensure ongoing compliance with local VAT rules and implement new procedures as required. Develop International VAT compliance procedures. You will work alongside key stakeholders ensuring the business is compliant with its obligations (including audit, tax as well as other ad-hoc project work). Qualifications: Fully qualified Accountant (ACA or ACCA) with financial accounting and Tax background and experience of VAT essential, Tax qualification preferable. Technically up to date and aware of industry and legislative changes Experience in an international retailer with an understanding of European VAT regulations preferable. Strong working knowledge of financial accounting standards and their practical application (IAS & UK GAAP) and the self-drive and motivation to develop knowledge further. Proactive forward thinking team player with the ability to prioritise and work. accurately to deadlines and the determination to resolve queries in a timely manner. Strong influencing and negotiation skills, Benefits 33 days’ holiday Award winning pension scheme – up to 14% Kingfisher contribution Discretionary bonus scheme 20% discount with Screwfix and B&Q Discounted healthcare and life cover Loyalty recognition & company share save scheme Currently working flexibly from home In-house training and development Follow us and find out more about #LifeAtScrewfix on LinkedIn, Instagram, and Twitter If you require any additional support or adjustments to help you make an application, please contact us at

Example 2

Overview Having surpassed £2bn in sales in a record-breaking year and an ambitious growth plan in place, there has never been a more exciting time to join Screwfix. Our Commercial Finance function paves the way for our success. We are looking for a Senior Tax Accountant to provide compliance and advice for all tax matters within Screwfix, ensuring alignment with Kingfisher group tax team and optimising tax treatment across the business. Key responsibilities Lead the Tax planning and compliance for Screwfix considering the future strategy of the business, group policy and local regulations. Recommend efficient tax structures and best practice solutions. Co-ordinate between Screwfix and Group Tax team to ensure that local compliance, controls design, documentation and operations remain consistent with Group policies and standards Anticipate and assess industry developments and legislation changes and deliver solutions. Provide technical support and expertise, particularly covering local VAT requirements, to the International expansion project. Responsible for review and submission of Corporate Tax and VAT returns, including analysis for Director sign off as required. Review internal procedures and ensure ongoing compliance with local VAT rules and implement new procedures as required. Develop International VAT compliance procedures. You will work alongside key stakeholders ensuring the business is compliant with its obligations (including audit, tax as well as other ad-hoc project work). Required skills & experience Fully qualified Accountant (ACA or ACCA) with financial accounting and Tax background and experience of VAT essential, Tax qualification preferable. Technically up to date and aware of industry and legislative changes Experience in an international retailer with an understanding of European VAT regulations preferable. Strong working knowledge of financial accounting standards and their practical application (IAS & UK GAAP) and the self-drive and motivation to develop knowledge further. Proactive forward thinking team player with the ability to prioritise and work. accurately to deadlines and the determination to resolve queries in a timely manner. Strong influencing and negotiation skills, Benefits 33 days’ holiday Award winning pension scheme – up to 14% Kingfisher contribution Discretionary bonus scheme 20% discount with Screwfix and B&Q Discounted healthcare and life cover Loyalty recognition & company share save scheme Currently working flexibly from home In-house training and development Follow us and find out more about #LifeAtScrewfix on LinkedIn, Instagram, and Twitter If you require any additional support or adjustments to help you make an application, please contact us at

Example 3

Job Summary: An opportunity has arisen for a highly motivated individual to join the finance team in our London office as a Tax Accountant, reporting to the Tax Manager. This role will involve exposure to a broad range of taxes (both domestic and international), and a variety of tasks covering the UK and other Western locations. It should provide an excellent opportunity for someone looking to make a first move in-house, or equally someone already in-house looking for more variety and responsibility. The successful candidate will take ownership for tax compliance, accounting, and reporting for the business, and well as providing advisory support on a range of tax projects. This role will also include providing support with month-end processes for the wider finance and accounting team. Requirements Key Deliverables: Tax Accounting & Reporting: Quarterly tax reporting including preparation of the UK taxpack, calculation of transfer pricing adjustments and tax provisions, review of the overseas taxpacks and tax consolidation Liaising with external auditors on tax matters as part of quarterly group audit Overseeing outsourced preparation of tax provision and tax notes for inclusion in UK statutory accounts Tax Compliance: Managing compliance with global VAT/GST/Sales Tax obligations Managing compliance processes and assisting the business with Customs matters Overseeing outsourced preparation of UK corporate tax return; reviewing externally prepared overseas corporate tax returns Managing withholding tax obligations and obtaining UK certificates of residency on request to minimise withholding tax costs Ensuring compliance with employment tax requirements including preparation and submission of documentation related to the PSA, IR35 compliance and share options Taking the lead on developing a new UK corporate tax budget process for POAs and tax compliance calendar Assist on monitoring SAO and CCO compliance, including updating the tax risk framework and establishing best practice tax processes and documentation. Tax Advisory: Providing support to the Tax Manager on tax projects as required Acting as a business partner to assist with day-to-day tax queries from around the business across all areas of tax Monitoring changes in tax rules that may impact the business. Accounting support: Providing support to accounting team over month/year end as required, particularly with regards to digital revenue accounting Assisting with preparation of UK statutory accounts Assisting with other accounting tasks on an ad hoc basis as required. Key Stakeholders: Tax Manager, Senior Financial Controller, HR Knowledge & Experience: Essential: CTA/ADIT qualified or ACA/CA qualified with relevant tax experience Understanding of broad tax issues facing large international businesses Previous experience advising multinational businesses either in an accounting firm or in a previous in-house role Desirable: Dual tax (CTA/ADIT) & accounting (ACA/CA) qualified Experience with indirect taxes & customs matters Understanding of international tax and transfer pricing principles Competencies, Skills & Attributes: Essential: Team player with strong interpersonal skills, with an ability to build relationships across the business Excel skills Self-starter who is keen to gain broad experience in tax, and is confident independently researching solutions to business questions Commercial mindset, with a focus on finding pragmatic solutions to problems Organised, analytical, pays attention to detail and able to manage multiple workstreams at once Desirable: Experience with ERP systems (Unit 4 Agresso, SAP or similar)

Example 4

Fujifilm Diosynth Biotechnologies : Trusted for generations, we are a CDMO partner for life. Here at Fujifilm Diosynth Biotechnologies (FDB), passion – what we call Genki – lives inside everything we do. This is your opportunity to push the boundaries of your potential to impact where we know it matters most: human lives. Whilst working as a Reporting & Tax Accountant in the Finance team, we want you to embrace your individuality, discover your purpose, and follow what energizes, fulfills, and inspires you every day. About Us: We are a dynamic global company and our focus is to combine technical leadership in cell culture, microbial fermentation and gene therapies with world class cGMP manufacturing facilities to advance tomorrow’s medicines. We are growing and we are growing fast. With sites in Billingham & Wilton UK, Hillerod Denmark, North Carolina and Texas USA, the size and breadth of our business will open up huge opportunities for you, whether you want to move to a different role in the UK, relocate, or progress and take on more responsibility. Our teams are proud to partner with innovative companies reimagining what’s possible in biopharmaceuticals. Every day at FDB is a day for improvement, each challenge is an opportunity for growth, and every moment is a chance to evolve together. Role & Responsibilities: Some of the role include the following: Reporting Responsibility for the preparation of the monthly and quarterly submissions to Japan for both Fujifilm and Mitsubishi. Corporation Tax Responsibility for the preparation and submission of the Company’s UK tax returns as well as the tax accounting for Current and Deferred tax with a good understanding of capital allowances. RDEC Responsibility for the preparation and submission of the Research Development Expenditure Claim and the forecasting of future RDEC claims. PAYE Close Liaison with the Payroll and HR Department on a PAYE matters including review of annual submissions including P11Ds, PSA, etc Qualifications and Experience: Qualified Accountant One year post qualification experience Experience of corporation tax and deferred tax preparation and reporting PAYE/ VAT knowledge and experience Why work with us?: At FDB, your passion – your Genki – is your power and we empower you to define what Genki means to you. When you join us, we will train, develop and support you to become the best you can possibly be. We offer a structured new starter induction programme as well as on-going development training. In addition to this, we offer: Competitive salary plus company bonus scheme Up to 35 days of holiday, plus bank holidays. Salary Sacrifice scheme offering, healthcare, bikes, dental etc. Generous pension scheme Free parking Closing date: Monday 21st June at 12 noon Person Specification Tax Accountant Tax and Reporting Accountant Why Work in Billingham

Example 5

Overview We are recruiting for a Tax Accountant to join our company. This position will sit within our Utilities business which is going through some very exciting & positive changes. This is a fantastic opportunity for a highly experienced professional to come into our business to and take full responsibility for direct and indirect tax compliance, planning and reporting and have involvement with the production of statutory accounts This is a full-time permanent position and will be based from home with occasional travel to the office which is based in Chorley. Ensuring all direct and indirect tax obligations are fully complied with Preparation and filing of direct and indirect tax returns Development and management of process and systems to manage tax reporting Handling tax enquiries with HMRC Providing support to contract teams to maximise tax efficiency of project bids Managing direct and indirect tax planning and reporting Managing and monitoring direct and indirect tax payments and cash flow reporting Deferred tax calculations CIS Tax reporting and compliance CITB levy returns and optimisation Involvement with the production of monthly management accounts Involvement with the production of statutory accounts. Senior Accounting Officer reporting Country by Country reporting PAYE and NI issues, including: Support of payroll P11Ds PAYE Settlement Agreement Expenses tax issues Part of the Utilities Finance team Reports to Finance Manager (Central Overheads) Turnover level currently at c£200m Responsibility for direct and indirect tax compliance, planning and reporting for 3 trading legal entities. What are we looking for? Qualifications · ACA / ACCA / CIMA qualified · ATII or equivalent by experience preferable Skills · Good IT skills (Excel, Word, ERP system) · Ability to handle detail without losing sight of the bigger picture Experience · Extensive CT and indirect tax experience, preferably in a similar sized business or large or mid-tier accountancy firm. · Financial reporting · Significant experience of tax laws and regulations Personal Profile Technical competences · Extensive Corporation Tax knowledge · Extensive VAT knowledge · Working knowledge of accounting standards applicable to a services and construction business · Experience of accounting systems [website] SAP/Oracle) Behavioural competencies · Strong teamwork and relationship building skills · Enthusiasm to remain up to date in technical area · Willingness to take responsibility for improvement · Commercial awareness and focus on risk/value to business · Ability to work independently with minimum direction · High level of attention to detail. · Ability to prepare and deliver high quality financial outputs in a demanding business environment · Strong Communication skills with an ability to engage with wide range of stakeholders · Ability to interrogate complex data sets and identify key drivers and correct inconsistencies for accuracy. · Ability to organise resources effectively to deliver against challenging timelines

Tax Accountant duties and responsibilities

Tax Accountants perform several tasks while helping clients with their tax affairs. Their duties and responsibilities typically include:

  • Analysing client financial records for the last financial year
  • Identifying potential tax deductions and savings clients have not considered
  • Requesting additional information from clients for processing tax returns
  • Advising clients about tax laws and how to meet requirements
  • Completing and submitting tax returns on behalf of clients
  • Liaising with HM Revenue & Customs (HMRC) on clients’ behalf to ensure it processes client returns efficiently and accurately
  • Developing tax planning strategies to help clients secure their financial futures

 

Tax Accountant skills and qualifications

Tax Accountants need technical and interpersonal skills to effectively help their clients. A successful Tax Accountant candidate will have various prerequisite skills and qualifications that typically include:

  • In-depth understanding of current tax laws, including laws about pay-as-you-earn, self-employment, business and investment taxes
  • Math skills for calculating deductions and other tax calculations
  • Strong verbal and written communication skills, including the ability to explain complex tax matters in accessible terms
  • Problem-solving and analytical thinking skills to help clients legally maximise their returns and reduce tax burdens
  • Organisation and multi-tasking skills for working on several clients’ tax returns at once
  • Computer and online literacy, including confidence using accounting software and the HMRC online portal

 

Tax Accountant experience requirements

Accounting and finance firms usually prefer Tax Accountants who are familiar with processing tax returns. This experience may come from prior experience working as a specialised Tax Accountant or as a General Accountant. Some accounting firms also hire Tax Accountants with transferrable skills from other careers. For example, a Lawyer experienced in tax law could transition into a Tax Accountant role.

 

Tax Accountant education and training requirements

Tax accountants need at least an Association of Accounting Technicians (AAT) qualification, such as an AAT advanced diploma. Chartered Institute of Taxation (CIOT) qualifications are more advanced and desirable. However, many firms hire aspiring Tax Accountants before they achieve these qualifications and support them in their studies. Degrees in accountancy or mathematics are desirable. However, some firms accept any degree holders into graduate training programmes. People with good GCSEs and A levels can work as trainee Tax Accountants. A Level 4 Higher Apprenticeship in Professional Services (Tax) can also help people find work as a Tax Accountant.

 

Tax Accountant salary expectations

According to Indeed Salaries, the average salary for a Tax Accountant in the UK is £43,103 per year. Salaries vary according to experience, education, employer and their location.

 

Job description samples for similar positions

If a Tax Accountant is not quite what you’re looking for, here are other job description samples that may fit your needs:

 

Ready to Hire? Build a Job Description

Tax Accountant job description FAQs

 

What is the difference between a Tax Accountant and a Tax Lawyer?

Tax Accountants focus on the regular processing of tax returns and tax planning, while Tax Lawyers focus on the legal impact of tax processes. Tax Accountants work on standard tax cases, helping their clients increase returns and minimise tax burdens. Whereas, clients engage Tax Lawyers when their tax affairs become complex, for example if they are being investigated by the HMRC.

 

What qualities make a good Tax Accountant?

Good Tax Accountants are passionate about working with people. The natural interest they have in their clients helps them work hard to get the best results for them. They are personable people who are easy to talk to and confide in. They also have excellent attention-to-detail, so they never overlook deductions or tax laws and should also be discreet, as they deal with sensitive financial data.

 

What should I look for in a Tax Accountant CV?

Look for CVs that show interest or experience with taxation or accounting. This may be previous work experience as a Tax Accountant. However, it could also come through college or university subject choices. Consider the time you can invest in training your Tax Accountant and their job requirements. If you need someone for full duties straight away, hiring someone with AAT or CIOT qualifications makes sense. However, if you can invest in training, you will save money by hiring a trainee without these qualifications.

Job Description Examples

No search results found