Staff Tax Accountant Description
A staff tax accountant is an entry-level accountant working in the accounting department and focusing on taxes. Staff tax accountants generally work alongside a tax accountant, assisting in daily accounting procedures and tax-related work. Staff tax accountants typically work for a company and assist in completing tax issues and general work of the company.
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Accounting Procedures
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A staff tax accountant is responsible for handling all tasks of a company relating to taxes. This includes monitoring daily work of accounting clerks and helping with the preparation of financial statements. Tax accountants work diligently all year organizing financial information so that when the year ends, all work is up to date. This organizing consists of ensuring all transactions are posted properly, keeping good records of all company assets, and following all rules of Generally Accepted Accounting Principles. This makes filing the company's tax return easier and less time-consuming at the year-end.
Taxes
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A staff tax accountant is typically hired within a company for tax purposes. Although the staff tax accountant does much more than filing a tax return, this is the primary focus of the staff tax accountant's job description. Accurate and consistent work throughout the year helps the tax accountant's year end duties run smoothly.
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Requirements
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Most companies prefer an individual who holds a four-year degree in accounting. Many companies also only hire tax accountants holding a certified public accounting certification. Generally, companies look for a candidate with at least one or more years of experience in a related field.
Salary
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A staff tax accountant expects on average a salary of between $37,348 and $50,191 working in the United States. According to Payscale, about two-thirds of all staff tax accountants are females.
Job Projection
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According to the Bureau of Labor statistics, jobs in the accounting field are expected to increase by 22 percent by the year 2018. The accounting industry is one of the fastest-growing industries, and a lot of the reason is based on new laws put in place by the government. New laws, including government regulations on corporations and other financial laws stating how records are kept, are now in place which requires a higher work demand.
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References
- Photo Credit business woman at desk #15 image by Adam Borkowski from Fotolia.com
