What does a Tax Manager do?

Tax managers are primarily responsible for accurately preparing and filing state and federal tax documents. In addition, tax managers develop tax strategies and policies that help the client or business maintain compliance with local and federal tax laws and regulations. Lastly, tax managers work to identify tax problems and propose solutions. Tax managers can work in-house for a business or work as a consultant for multiple clients.

Tax managers generally have a bachelor's or master's degree in accounting, business, economics, or finance. In addition, many states and all publicly traded companies require that tax managers have their Certified Public Accountant (CPA) license from the local state board of accountancy. Obtaining a CPA license entails education, accounting experience, and passing the Uniform CPA Examination.

  • Facilitate and manage the preparation and review company federal tax returns and the accurate, timely filing of all tax forms.
  • Ensure accurate, timely filing of consolidated federal, state and local income tax returns and other business related filings.
  • Find and implement opportunities for process improvement in company tax procedures.
  • Develop and implement strategic tax planning for all necessary federal and state taxes.
  • Manage members of the tax team as they prepare components of the company's US federal income tax return and other tax documents.
  • Plan for and develop overall return calendar and coordinate timing and inputs with tax team.
  • Maintain effective control procedures over all aspects of the tax process.
  • Manage and facilitate IRS income tax audits: preparing responses, creating schedules, etc.
  • Monitor legislative and regulatory tax law developments, communicate the effects of these developments to management and the tax team and create strategies to capitalize on changes to taxation legislation.
  • Provide support with various internal audits and special tax related projects.
  • Review tax returns and quarterly/yearly tax projections.
  • Manage and mentor members of tax team to greater levels of effectiveness and engagement.
  • Extensive individual/corporate/partnership tax knowledge
  • Strong accounting, analytical, and research skills.
  • Excellent written and oral communication skills.
  • Strong knowledge of tax code, compliance and procedures for corporations.
  • Familiarity with U.S. federal, state and local reporting requirements.
  • Strong experience with a variety of tax operations and ability to drive process improvements.
  • Strong ability to utilize project management and accounting best practices to organize and prioritize tasks and the tasks of other tax team members.
  • Ability to work well independently as well as the ability to work well with stakeholders and communicate the benefits of tax initiatives.
  • Strong organizational and interpersonal skills.
  • We are looking for a candidate with 5+ years of experience in a tax manager or public accountant role and at least 2 years of experience in a management role. Preferred candidates have a current CPA license and a master’s degree in an accounting discipline. The Tax Manager must be proficient with the following software/tools:
    • Strong skills and experience with Word, Outlook, Excel, QuickBooks.
    • Familiarity with UltraTax, SAP, RIA Checkpoint, and BNA

Average Years of Experience

0 - 1
1%
2 - 4
23%
5 - 7
43%
8+
33%

Common Skill Sets

Leadership
Deliverables
.NET
Consulting
Audit
Prosystems
Written Communication
Excellent Communication

Tax Manager Seniority Levels

L2
Tax Manager
$117,328/yr
L3
Tax Consultant
11% made the transition
Tax Professional
39% made the transition
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Tax Manager Salaries

Average Base Pay

$117,328 /yr
Same as national average
Not including cash compensation
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$85K
Median: $117K
$162K
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Glassdoor Estimated Salary

Tax Manager Jobs