Tax Compliance

Property Bookeepers Management; Davao del Sur; On-site; PHP 334,800 - 558,000; Full time

Job summary

A financial services company in Davao del Sur is seeking a tax professional to prepare and file tax returns, ensure compliance with tax laws, and conduct internal audits. The ideal candidate will have a Bachelor's in Accounting and experience in tax preparation. Opportunities for training clients and employees regarding tax issues are also included. This role offers the chance to help optimize tax liabilities while ensuring regulatory compliance.

Qualifications

• Experience in preparing and filing tax returns for individuals and organizations.
• Recent knowledge of current tax laws and regulations.
• Ability to collaborate with financial professionals.

Responsibilities

• Prepare and file tax returns ensuring compliance.
• Conduct internal reviews and audits relating to tax.
• Advise on strategies to minimize tax liability.

Skills

Tax preparation

Tax research

Internal auditing

Communication with tax authorities

Tax planning

Training and support

Education

Bachelor’s Degree in Accounting or related field

Master’s in Taxation or JD (preferred)

Tools

Tax software

Job description

Tax Return Preparation and Filing

• Prepare and file tax returns for individuals, businesses, or organizations, ensuring timely submission to government authorities.
• Ensure all forms and schedules are completed accurately in compliance with tax regulations.
• Collaborate with accountants and financial advisors to gather necessary financial information for filings.

Tax Research and Analysis

• Stay up-to-date with current tax laws, regulations, and legislative changes to ensure compliance.
• Analyze the impact of changes in tax laws on the organization or clients.
• Advise on tax planning opportunities and strategies to minimize tax liability while remaining compliant.

Internal Audits and Reviews

• Conduct regular reviews and audits of internal financial processes to ensure adherence to tax laws.
• Identify any areas of non-compliance and recommend corrective actions.

Communication with Tax Authorities

• Serve as a liaison between the organization or client and tax authorities (e.g., IRS, state/local tax agencies).
• Respond to inquiries or audits initiated by tax authorities and provide necessary documentation and explanations.
• Resolve tax disputes, if any arise, and manage penalties or interest issues.

Documentation and Reporting

• Maintain accurate and organized tax records and documentation to support compliance and audit processes.
• Prepare detailed reports for senior management, tax authorities, or external auditors regarding tax obligations and compliance.

Tax Planning and Strategy

• Assist with tax planning and strategy to optimize tax liabilities in alignment with business goals and regulatory requirements.
• Help develop strategies for minimizing tax exposure for corporate clients or individual clients.

Training and Support

• Provide training to employees or clients about tax policies, deductions, credits, and other compliance-related matters.
• Offer guidance on proper documentation practices to avoid issues during tax audits or assessments.

Education

• Bachelor’s Degree in Accounting, Finance, Business Administration, Economics, or a related field.
• Master’s in Taxation or JD (Juris Doctor) (optional, but preferred for advanced roles or firms specializing in tax law).

Professional Certifications (may be required or preferred)

• Certified Public Accountant (CPA): Often required for senior or high-level tax compliance positions, particularly in larger organizations or public accounting firms.
• Enrolled Agent (EA): Certification from the IRS allowing individuals to represent clients before the IRS. This is often beneficial for tax professionals.
• Chartered Tax Adviser (CTA): A certification more common in some regions, especially for those working with international clients or complex tax structures.