What is a Senior Corporate Tax Analyst job?
A Senior Corporate Tax Analyst is a professional who specializes in tax accounting and compliance for a corporation. This role involves analyzing tax laws and regulations to ensure the corporation is compliant with all tax requirements and minimizing the corporation's tax liability. A Senior Corporate Tax Analyst is also responsible for preparing and filing tax returns, managing tax audits, and working with other departments within the corporation to ensure proper tax planning and strategy.
What usually do in this position?
A Senior Corporate Tax Analyst is responsible for various tasks within a corporation. Some of the primary responsibilities include:
1. Preparing and filing corporate tax returns
2. Ensuring compliance with tax laws and regulations
3. Conducting tax research and analysis
4. Managing tax audits and disputes
5. Collaborating with other departments to develop and implement tax strategies
Top 5 skills for the position
To excel as a Senior Corporate Tax Analyst, one must have a combination of technical and soft skills. Here are the top 5 skills required for this position:
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Attention to detail and accuracy
- Ability to work independently and as part of a team
- Knowledge of tax laws and regulations
How to become this type of specialist?
To become a Senior Corporate Tax Analyst, one must have a bachelor's degree in accounting, finance, or a related field. Some employers may require a master's degree in taxation or a related field. Additionally, one must have several years of experience in tax accounting and compliance. Obtaining a professional certification such as a Certified Public Accountant (CPA) or a Certified Management Accountant (CMA) can also enhance one's career prospects.
Average salary
The average salary for a Senior Corporate Tax Analyst in the United States is around $90,000 per year. However, salaries can vary depending on factors such as location, industry, and years of experience.
Roles and Types
A Senior Corporate Tax Analyst is a specialized role within the field of tax accounting and compliance. Other roles within this field include Tax Manager, Tax Consultant, and Tax Accountant. Within a corporation, there may be multiple tax positions, such as International Tax Analyst, State Tax Analyst, or Sales and Use Tax Analyst.
Locations with the most popular jobs in USA
The demand for Senior Corporate Tax Analysts is high in major cities across the United States. Some of the top cities for this position include New York, Chicago, San Francisco, Houston, and Los Angeles. Additionally, there are many opportunities for remote work in this field, allowing professionals to work from anywhere in the country.
What are the typical tools?
A Senior Corporate Tax Analyst typically uses a variety of tools in their work, including:
1. Tax preparation software, such as TurboTax or TaxAct
2. Accounting software, such as QuickBooks or Xero
3. Microsoft Excel for data analysis and modeling
4. Research databases, such as Checkpoint or RIA
5. Communication tools, such as email or video conferencing software
In conclusion
A Senior Corporate Tax Analyst is a critical role within any corporation, ensuring compliance with tax laws and regulations while minimizing tax liability. To excel in this position, one must have a combination of technical and soft skills, including strong analytical skills, attention to detail, and knowledge of tax laws. With the right education, experience, and certifications, a career as a Senior Corporate Tax Analyst can be both challenging and rewarding.