VP of Tax oversees all aspects of an organization's tax function. Leads the overall strategic plan and program development. Being a VP of Tax provides leadership to a team responsible for preparing and filing tax returns, statements, and other reports at required intervals. Ensures compliance with tax regulations while working to minimize tax liability and maximize after-tax profits. Additionally, VP of Tax researches strategies for minimizing future tax liabilities. Monitors changes in federal, state, and local tax legislation and updates policies and procedures as needed. Requires a bachelor's degree in accounting or related discipline. Typically reports to top management. The VP of Tax manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a VP of Tax typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.
SVP of Tax provides leadership, innovation, and oversight for an organization's tax function. Leads the overall strategic plan and program development. Being an SVP of Tax provides leadership to a team responsible for preparing and filing tax returns, statements, and other reports at required intervals. Ensures compliance with all tax regulations while working to minimize tax liability and maximize after-tax profits. Additionally, SVP of Tax researches strategies for minimizing future tax liabilities. Monitors changes in federal, state, and local tax legislation and updates policies and procedures as needed. May require a master's degree in accounting or related discipline. Typically reports to Chief Executive Officer (CEO). The SVP of Tax manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head.
Tax Director is responsible for an organization's tax policies and objectives. Directs and leads a team responsible for preparing and filing tax returns, statements, and other reports at required intervals. Being a Tax Director monitors reporting and planning to ensure compliance with applicable tax statutes. Ensures accuracy of tax returns and works to minimize the organization's tax obligations. Additionally, Tax Director monitors changes in federal, state, and local tax legislation and updates policies and procedures as needed. Requires a bachelor's degree in accounting or related discipline. Typically reports to senior management. The Tax Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Tax Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.
Tax Supervisor supervises a team responsible for preparing and filing tax returns, statements, and other reports at required intervals. Administers the preparation of paperwork for local, state, and federal level returns to minimize tax liability. Being a Tax Supervisor examines, analyzes, and interprets accounting and financial records to prepare reports and provide recommendations. Determines and calculates tax implications and develops strategies for minimizing liability. Additionally, Tax Supervisor stays current on federal, state, and local tax legislation to ensure compliance. Typically requires a bachelor's degree in accounting or related discipline. Typically reports to a manager. The Tax Supervisor supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Tax Supervisor typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes.
Tax Manager manages a team responsible for preparing and filing tax returns, statements, and other reports at required intervals. Oversees the preparation of paperwork for local, state, and federal level returns to minimize tax liability. Being a Tax Manager examines, analyzes, and interprets accounting and financial records to prepare reports and provide recommendations. Reviews tax implication calculations and develops strategies for minimizing liability. Additionally, Tax Manager stays current on federal, state, and local tax legislation to ensure compliance. Requires a bachelor's degree in accounting or related discipline. Typically reports to a director. The Tax Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Tax Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes.