Head Taxation (Qualified CA) Job Description Template
As the Head of Taxation (Qualified CA), you will lead the tax function of the organization, ensuring compliance with all tax regulations and optimizing tax strategy. You will provide tax planning, oversee tax compliance, and manage tax reporting while leading a team of tax professionals.
Responsibilities
- Develop and implement strategic tax planning strategies to minimize tax liabilities.
- Ensure compliance with all federal, state, and local tax laws and regulations.
- Oversee the preparation and timely filing of all tax returns.
- Lead and manage the tax team, providing guidance and professional development.
- Conduct detailed tax risk assessments and mitigation strategies.
- Collaborate with external tax advisors and auditors.
- Provide tax advice on restructuring, acquisitions, and other business activities.
- Monitor changes in tax legislation and their impact on the organization.
- Review tax provisions and deferred tax calculations for financial statements.
- Liaise with regional and global tax teams to ensure cohesive tax strategies.
Qualifications
- Qualified Chartered Accountant (CA).
- Extensive experience in corporate tax, with a minimum of 10 years in a similar role.
- Strong knowledge of tax regulations, compliance, and accounting principles.
- Proven leadership skills with experience in managing large tax teams.
- Excellent analytical and problem-solving abilities.
- Strong communication and interpersonal skills.
- Ability to work under pressure and meet tight deadlines.
Skills
- Corporate Taxation
- Tax Planning
- Tax Compliance
- Tax Reporting
- Risk Assessment
- Leadership
- Analytical Skills
- Communication Skills
- Strategic Thinking
- Regulatory Knowledge
Frequently Asked Questions
A Head of Taxation, often a qualified Chartered Accountant, oversees all tax-related activities within an organization. They ensure compliance with tax laws, manage tax planning and reporting, mitigate tax risks, and develop strategies to optimize tax benefits. They also liaise with tax authorities and guide the organization's financial decisions impacting tax liabilities.
To become a Head of Taxation as a qualified Chartered Accountant, individuals should gain extensive experience in taxation, including corporate tax, VAT, and GST. Building expertise in tax planning, compliance, and strategy is crucial. Leadership skills, company knowledge, and a proven track record in managing tax teams can facilitate progression to this senior role.
The average salary for a Head of Taxation can vary significantly based on factors such as industry, company size, and geographic location. Generally, this senior role offers a competitive package, reflecting the complexity and responsibility of tax management. Head of Taxation positions provide salary increments based on performance and strategic input.
For a Head of Taxation position, a Chartered Accountancy qualification is typically essential. Additional qualifications such as a Masters in Taxation or certifications in international tax can be advantageous. Expertise in tax legislation, compliance, and financial risk management is necessary, along with strong analytical and leadership skills.
A Head of Taxation requires strong leadership, analytical, and problem-solving skills. Responsibilities include overseeing tax compliance and planning, negotiating with tax authorities, and implementing tax strategies. Proficiency in tax law, excellent management capabilities, and effective communication skills are also essential for success in this role.