Tax Jobs, Tax Job description, Training, Courses, Certification, Salary

These days tax jobs are gaining in popularity. The taxation industry is a very large industry and taxes are something that each one of us has to be associated with and can not avoid, hence several companies these days employ tax professionals in order to assist them in handling their taxation departments.

The taxation field provides several tax job profiles that you may choose for when you want to take up a tax job. The profiles such as tax advisors, tax consultants, tax associates, tax analysts, tax accountants and others as well.

Tax Job Description

The Tax job description which is generally assigned to people working in this industry has been given below.

To conduct Interviews of their clients in order to get all the information regarding the taxable income as well as the allowances and the deductible expenses.
To help or assist individuals or organizations in preparing simple to complex tax returns.
To help the organization in determining the forms needed to prepare the tax returns by reviewing the various financial records of the company such as the income statements as well as the expenditure related documents.
To make all the necessary adjustments and deductions in order to ensure that the clients have to pay the least taxes.
To provide all the information to the tax payers in order to make sure that the tax form is completed correctly.

Education Requirements for Tax Jobs

In order to get a Tax job in a reputed firm there are a certain requirements which need to be fulfilled by the candidate. They are as follows:

Diploma In Taxation: If not a Bachelor’s degree a Diploma in Taxation or any other equivalent degree from a recognized college or university is a must in order to get a taxation job.
B.B.L Law of Taxation: A Bachelor’s degree in Taxation is a must have for any aspiring taxation professional.
Master of Commerce (MCom) – Finance and Taxation: A Master’s degree in Finance and Taxation or any other equivalent field will surely help you in getting a well paid taxation job.

Skills needed for getting an Tax job

In order to get a Tax job in a reputed company, any Tax job seeker must possess the following set of skills:

Mathematical aptitude: A Tax job seeker should also have an aptitude in Mathematics and should be able to work with figures quickly and accurately.
Computer knowledge: Basic knowledge of computers including Microsoft Word, WordPerfect, Outlook, Excel, Advanced Excel, PowerPoint, Tally etc would prove to be an asset for Tax professional.
Risk identification skills: A Tax professional should have extremely good reasoning as well as Risk identification skills.
General awareness: Practical knowledge and the knowledge about the current market scenario is also a must to get a good Tax job.
Analytical skills: The job involves a large amount of analyzing and being able to read between the lines.

Training and Certification

There are a large number of training as well as the certification courses that are offered to Tax professionals. These short term courses are offered by a large number of institutes.

Theoretical as well as practical training can be taken on various topics. Several training and certification programmes that are available for Tax job aspirants are:

Training and Certification in Taxation and Regulatory Management
Certificate course on international taxation
Post Graduate Diploma Course in Taxation
Diploma in Law of Taxation with Admn Law
PG Diploma in Financial Taxation Mgt

Tax Job salary

The salary received by a Tax professional is pretty good though it may vary from one organisation to another organisation. As and when your experience increases in the organisation or in the industry, your salary will also rise.

Beginner (0-1 years of experience)

Monthly: Rs.10, 000 to Rs.15, 000

Annual: Rs.1.2 lakhs to Rs.2.16 lakhs

Professional ( 2-3 years of experience) :

Monthly: Rs. 18,000 to Rs. 30,000

Annual: Rs.2.16 lakhs to Rs. 3.60 lakhs

Tax Manager professional ( 5 and above years of experience)

Monthly: Rs. 30,000 to Rs. 50,000

Annual: Rs.3.60 lakhs to Rs. 6.00 lakhs

Cities to look for Tax jobs

Tax jobs are easily available all across the country though most of the Tax companies in India are locates in the following cities where it will be easier to find a Tax job- Mumbai, Delhi, Chennai, Pune, Hyderabad, Gurgaon, Bangalore, Chandigarh, Kolkatta and Ahmedabad.

Tax Job Outlook

The job outlook for the taxation job seems to be very promising. Since India is inching towards development and hence there is a need for companies as well as individuals to pay for their taxes at time and in the correct manner as needed to be utilized.

Tax jobs can be taken up after one’s graduation and provided you have the basic knowledge of the taxation sector. Hence if you are looking for a tax job then you can be rest assured that there will be enough opportunities in this job.

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| June 6th, 2009 | Posted in Finance Jobs, Tax Jobs |

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