What is a Senior International Tax Manager Job?
A Senior International Tax Manager job is a high-level position in the field of tax accounting. As the name suggests, this job involves managing the international tax affairs of a company. The role is critical for businesses that operate across borders and have complex tax obligations in different countries.
What Usually Happens in This Position?
The Senior International Tax Manager job is responsible for developing and implementing tax strategies that comply with the laws and regulations of each country where the company operates. They also ensure that the company is not overpaying or underpaying taxes in any jurisdiction, which can have serious financial and legal implications.
In addition, the Senior International Tax Manager job involves working closely with other departments such as finance, legal, and operations to ensure tax compliance and minimize the risk of audits and penalties. They also provide guidance and support to other tax professionals in the company.
Top 5 Skills for the Senior International Tax Manager Position
- Expert knowledge of international tax laws and regulations
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Leadership and management abilities
- Ability to work under pressure and meet deadlines
How to Become a Senior International Tax Manager
To become a Senior International Tax Manager, you typically need a degree in accounting, finance, or a related field. Many employers prefer candidates with a master's degree in taxation or business administration. You should also have several years of experience in tax accounting, preferably in an international context.
Professional certifications such as the Certified Public Accountant (CPA) or the Chartered Financial Analyst (CFA) can also be beneficial. Continuing education and staying up-to-date with changes in tax laws and regulations is important for this position.
Average Salary for a Senior International Tax Manager
According to Glassdoor, the national average salary for a Senior International Tax Manager is around $140,000 per year. However, this can vary depending on factors such as location, industry, and years of experience.
Roles and Types of Senior International Tax Manager Jobs
There are various roles and types of Senior International Tax Manager jobs, depending on the size and complexity of the company. Some examples include:
- Senior Manager, International Tax Compliance
- Director, International Tax Planning
- Vice President, Global Tax Strategy
- Senior Tax Manager, Transfer Pricing
- Manager, Tax Reporting & Analysis
Locations with the Most Popular Jobs in the USA
Senior International Tax Manager jobs are in demand across the country, but some cities have more opportunities than others. Some of the most popular locations for these jobs in the USA include:
- New York, NY
- San Francisco, CA
- Chicago, IL
- Houston, TX
- Washington, DC
What are the Typical Tools Used in Senior International Tax Manager Jobs?
Senior International Tax Managers use various tools and software to perform their job duties. Some of the most common tools include:
- Microsoft Excel and other spreadsheet software for data analysis and reporting
- Tax preparation software such as Thomson Reuters or CCH
- Project management software such as Asana or Trello to manage tax compliance deadlines and deliverables
- Research databases such as LexisNexis or Westlaw for tax law research
- Collaboration tools such as Zoom or Slack to communicate with team members and stakeholders
In Conclusion
A Senior International Tax Manager job is a challenging and rewarding position for those who have a strong understanding of international tax regulations and can lead a team to ensure compliance. With the increasing globalization of business, this position is becoming more important and in-demand. By developing the necessary skills and experience, you can build a successful career in this field.