Tax Accountant
4 weeks ago
At WABTS, we are seeking a highly skilled Tax Accountant to join our team. As a Tax Accountant, you will play a critical role in managing and optimizing our tax compliance and planning efforts. Your primary responsibilities will include preparing and reviewing tax returns, ensuring adherence to tax regulations, and providing strategic advice to minimize tax liabilities.
Key Responsibilities:
- Prepare tax schedules and tax returns accurately from supporting documents (income statements, balance sheets, and third-party tax statements)
- Find tax solutions to complicated tax issues or errors from incorrect tax filings
- Identify legal tax savings and recommend ways to reduce potential tax liabilities
- Ascertain that clients comply with federal, state, and local tax regulations
- Prepare workpapers, government forms, and properly document business activities to prepare annual tax returns
- Research tax laws and stay current on the potential tax liabilities in their industry and understand Generally Accepted Accounting Principles (GAAP)
- Prepare journal entries, bank reconciliation, financial statements (balance sheet, income statement, general ledger, and trial balance)
- Process EFTPS, Sales Tax Returns, State and Federal Unemployment Tax Forms
- Communication Skills: Must be able to explain complex tax regulations and financial statements in a simple and obvious way to non-specialists so that they can clearly understand
- Financial Reporting: Experience with tax and accounting software (e.g., Pro-Series, Turbo Tax, QuickBooks, SAGE, NexGen, etc.) and proficiency in using spreadsheets for financial analysis and reporting
- Time Control: Must have sound time management skills with the ability to prioritize tasks and meet specific deadlines
- Problem-Solving Skills: Must be able to solve issues and be creative in critical thinking
- Ethical Standards: Adherence to ethical principles and integrity in handling financial information and transactions
- Dependability: Job requires being reliable, responsible, and punctual in fulfilling obligations
- Continuing Education: Participate in relevant workshops, seminars, and online courses to stay abreast of changes in tax laws, regulations, and best practices
Requirements:
- College Graduate (bachelor's degree in accounting) with at least 2 – 5 years of work experience in taxation and accounting
- Pre-Employment Assessment: As part of our hiring process for the Tax Accountant position, candidates will be required to complete a pre-employment assessment
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