This post provides detailed information on the tax auditor job description, including the duties, tasks, and responsibilities they perform.
It also highlights the major requirements you may be expected to meet to be hired for the tax auditor role.
What Does a Tax Auditor Do?
Tax auditors are saddled with the task of examining and analyzing tax documents and financial records of individuals, companies, organizations and agencies.
The tax auditor job description entails ensuring that documents and records comply with statutory laws and regulations.
It also involves advising on tax-related issues and helping to file tax returns.
They are largely engaged by governments and private tax firms to investigate various businesses and individuals. They usually work both in the office and on the field.
The tax auditor’s role involves making use of the principles of accounting to evaluate the financial records of individuals, companies, organizations and agencies. They usually report to a manager but work independently.
They guide against fraud by making sure that the government is not short-changed when evaluating the amount of tax payable to the government by individuals, organizations, and companies.
The job of tax auditors involves traveling a lot. As such, they may have to travel to far-flung cities to perform their duties
Tax Auditors Job Description Example/Sample/Template
Tax auditors perform various functions in ensuring that statutory laws and regulations regarding taxes are totally complied with by individuals and corporations.
Highlighted in the job description example below are major tax auditor duties, obligations, tasks, and responsibilities that they commonly perform:
- Maintain all required paperwork as required by law
- Administer all internal audits and ensure strict compliance regarding all documents concerned
- Analyze accounting system and ensure compliance with all statutory laws guiding tax administration
- Evaluate all audit files and assist to provide training to other auditors
- Analyze documents at the stage of pre-audit and also develop audit plans in accordance with laid down procedures
- Evaluate refunds and perform an accurate calculation for all tax assessment and prepare audit reports at the end
- Submit the results of internal audits in line with the accepted procedures and evaluate all issues in order to assist clients
- Interpret federal, state and local tax laws and regulations and apply them accordingly in all auditing procedures
- Explain tax codes and laws to taxpayers and clients
- Collect taxes on behalf of the government and also collect tax reports from individuals and businesses
- Make recommendations on tax compliance and payments to individuals and businesses that have been audited
- Make detailed reports regarding findings after concluding an audit
- Analyze financial data so as to arrive at an accurate amount of tax to be paid to the government
- Attend seminars and workshops in order to improve their knowledge of the administration of tax
- Ensure that the government is not cheated when evaluating the tax that an individual or company will have to pay.
Tax Auditor Requirements – Skills, Abilities and Knowledge to Succeed on the Job
If you are seeking the job of a tax auditor, you will need to meet the requirements commonly set by employers to find the best candidates that can effectively carry out the purpose, objective, and responsibilities of the role in their organization.
See below major tax auditor requirements you may need to fulfill to be hired for the position:
- A Bachelor’s degree in Accounting or Accountancy, Economics, Business, or in other related discipline
- 3 years of experience in tax consultancy or auditing
- Membership of at least one professional body will be an added advantage
- A good grasp of mathematics and finances in order to work effectively with numbers and data
- Excellent investigative skills will be very crucial
- Ability to use analytical skills to study data and documents
- Excellent attention to detail in order to thoroughly examine financial records, receipts, and other related documents
- Excellent problem-solving skills is mandatory
- Excellent communication skills are needed in both written and spoken forms so as to explain tax codes to clients and taxpayers explicitly
- Must possess computer skills especially in the use of software programs like Peachtree for the purpose of preparing computerized tax reports and Excel for the preparation of spreadsheets
- Excellent customer service skills are of the essence
- Ability to work under intense pressure is key
- Ability to display a high level of honesty and integrity is paramount
- Excellent interpersonal skills
- Ability to work with a team.
Conclusion
If you are an employer in the process of recruiting for the position of tax auditor in your organization and need some ideas in making a good description for the role, you will find this post helpful.
You can apply the sample tax auditor work description provided in this article to quickly and conveniently make one for your company; one that perfectly states the duties and responsibilities you want the auditor to perform.
This post is also helpful to individuals needing information about the tax auditor career; to help them learn about what the role entails so that they can make the best decision about becoming one.
Did this post help you learn about what tax auditors do? Please, leave a comment in the box below. Do also share your job description if you work as an auditor in a tax office.