Tax Associate

Roles and responsibilities

A career in our Tax Accounting practice, within Tax services, will provide you with the opportunity to help our clients meet and manage their tax obligations across unique but ever changing tax specialties. You’ll advise clients on their local and overseas tax affairs, while acting as a strategic consultant related to business analysis, managing indirect taxes, dispute resolution, and global enterprise tax solutions.

Our team provides our clients with customised tax solutions and tax accounting advice based on their niche and business need. You’ll support the team with deferred tax validation projects, remediation and restatement, tax basis balance sheets and financial statement carve out preparation.

To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be a purpose-led and values-driven leader at every level. To help us achieve this we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future.

Responsibilities

As an Associate, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:

• Invite and give in the moment feedback in a constructive manner.
• Share and collaborate effectively with others.
• Identify and make suggestions for improvements when problems and/or opportunities arise.
• Handle, manipulate and analyse data and information responsibly.
• Follow risk management and compliance procedures.
• Keep up-to-date with developments in area of specialism.
• Communicate confidently in a clear, concise and articulate manner - verbally and in the materials I produce.
• Build and maintain an internal and external network.
• Seek opportunities to learn about how PwC works as a global network of firms.
• Uphold the firm's code of ethics and business conduct.

Desired candidate profile

A Tax Associate is an entry-level to mid-level professional in a tax department or a tax firm who is responsible for supporting various aspects of tax preparation, tax compliance, and tax planning. Tax Associates work closely with senior tax professionals (e.g., Tax Managers, Tax Directors, or Tax Partners) and clients to ensure that tax obligations are met efficiently and that clients are in compliance with all applicable tax laws and regulations.

Here’s a detailed overview of the key skills, responsibilities, and qualifications for a Tax Associate:

Key Skills for a Tax Associate

1. Tax Knowledge

• Tax Laws & Regulations: Understanding of federal, state, and local tax laws and how they apply to different clients, industries, and tax situations. This includes knowledge of income tax, corporate tax, payroll tax, sales tax, and other areas of taxation.
• Tax Compliance: Ability to prepare and file tax returns (e.g., individual, corporate, partnership, and trust tax returns) in compliance with relevant tax laws.
• Tax Planning: Basic knowledge of tax planning strategies, such as deductions, credits, tax deferral, and tax avoidance techniques that are legal and ethical.
• International Taxation: Exposure to international tax issues, including transfer pricing, tax treaties, and cross-border tax implications, may be important for larger firms or multinational clients.

2. Analytical and Problem-Solving Skills

• Research Skills: Ability to research tax issues, regulations, and case law to ensure compliance and find solutions to complex tax matters.
• Attention to Detail: Careful review of tax forms, filings, and supporting documents to ensure accuracy and compliance.
• Problem-Solving: Ability to identify tax-related problems and find practical solutions while ensuring legal compliance.

3. Technical Skills

• Tax Preparation Software: Proficiency in tax preparation software (e.g., Thomson Reuters UltraTax, CCH Axcess, Intuit ProSeries, or Drake Tax) to prepare tax returns, perform calculations, and automate workflows.
• Microsoft Excel: Strong Excel skills to analyze data, track tax-related information, and create spreadsheets for tax planning and reporting.
• Accounting Software: Familiarity with accounting software (e.g., QuickBooks, NetSuite, or Xero) for reconciling accounts and pulling data relevant to tax returns.

4. Communication Skills

• Client Communication: Ability to explain tax concepts and strategies clearly to clients in both written and verbal forms, especially when dealing with complex tax matters.
• Collaboration: Working well with other team members and departments (e.g., accounting, legal, audit) to gather necessary documentation and ensure accurate tax filings.

5. Organizational Skills

• Time Management: Ability to handle multiple tasks and clients, especially during busy seasons such as tax filing deadlines (e.g., April 15 for individuals, or corporate year-end deadlines).
• Document Management: Keeping track of multiple tax files, returns, supporting documents, and related materials.