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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.