What is a Corporate Tax Manager Job?
A corporate tax manager is a professional who oversees the tax compliance and planning activities of an organization. This role involves working with different departments to ensure that the company is meeting its tax obligations while maximizing its tax efficiency. It is a crucial position in any organization, especially for those that operate across different jurisdictions.
What do they usually do in this position?
Corporate tax managers are responsible for overseeing tax compliance, planning, and strategy for their organization. They work closely with finance, accounting, and legal departments to ensure that the company is meeting its tax obligations while minimizing tax costs. This involves staying up-to-date with tax laws and regulations, analyzing financial data, and developing tax strategies that align with the company's goals.
Top 5 skills for this position
- Strong analytical skills
- Excellent communication skills
- Attention to detail
- Ability to work in a team
- Knowledge of tax laws and regulations
How to become this type of specialist?
To become a corporate tax manager, you typically need a bachelor's degree in accounting, finance, or a related field. Many companies prefer candidates with a master's degree in taxation or a related field. Additionally, obtaining a CPA or other relevant certification can be beneficial in securing this position.
Average Salary
According to Glassdoor, the national average salary for a corporate tax manager is around $112,000 per year. However, this can vary based on location, industry, and years of experience.
Roles and Types
Corporate tax managers can work in a variety of industries, including finance, healthcare, and technology. They can have different roles within their organization, such as overseeing tax compliance, planning, or strategy. Some companies may also have specialized positions, such as international tax managers or transfer pricing managers.
Locations with the most popular jobs in USA
Corporate tax manager jobs can be found throughout the United States, but some locations have more opportunities than others. According to Indeed, the top five cities for corporate tax manager jobs are New York, Chicago, Houston, Los Angeles, and San Francisco.
What are the typical tools?
Corporate tax managers use a variety of tools to perform their job functions, including tax software, financial analysis software, and communication tools. They may also use spreadsheets and other data analysis tools to analyze financial data and develop tax strategies.
In conclusion
Corporate tax manager jobs are a crucial position in any organization that operates across different jurisdictions. This role requires a strong knowledge of tax laws and regulations, as well as excellent analytical and communication skills. With the right education, certification, and experience, anyone can become a successful corporate tax manager.