Tax specialist helps the department in preparing the quarterly and annual tax provisions along with performing several tax accounting duties.

Tax Specialist Job Description

Candidate working on the job profile of a Tax Specialist looks after the work of quarterly and annual federal tax along with several international tax compliance. The person at this post should be detailed oriented and ready to do the tasks related to tax. They have to be indulging in preparing tax compliance, assisting while audits take place, researching any type of tax-related issues, and solving many other relevant works. Tax specialists should have the ability to work with the latest technology in computer software. They have to be very attentive to work according to the legal policies, rules, and regulations.

Roles and responsibilities

• Tax specialist is responsible to prepare quarterly or annual federal tax compliance.
• Their duty also includes selecting the Federal Compliance which is related to the international subsidiaries.
• Responsible to prepare the quarterly and annual FAS 123R compliance.
• Stay updated with any changes in rules related to tax, finance, or other relevant things.
• They are responsible to manage the Uniform Capitalization calculation according to the §263A of the Internal Revenue Code.
• Maintain the tax software and try to implement every new feature or update when introduced.
• Responsible to solve the queries and issues of the tax correspondence.
• Train and guide the new employee of the department and aware of the way of working in the company.
• Assist with the IRS and state audits and present quarterly and annual Fin 48 compliance.
• Gather all information and ensure that all the tax returns are filed according to the tax authorities.

Tax specialist Key skills required

• Able to work with strong knowledge of tax-related software and other computer applications.
• Candidate should be detail-oriented, a decision-maker, and a problem-solving person.
• Good numerical and analytical skills.
• Skills of good communication and interpersonal, both verbal and written.

 Education, training, and Certifications

• Bachelor’s degree in Finance, accounting, or any relevant field.
• Experience of work as a tax accountant, tax analyst, tax specialist, or relevant job.