Key Responsibilities and Required Skills for Business Tax Manager
💰 $140,000 to $170,000 per year
🎯 Role Definition
The Business Tax Manager is a senior finance professional responsible for overseeing a company’s tax planning, compliance and advisory activities. This individual leads tax strategy development, ensures regulatory compliance across business units, advises senior leadership on tax implications of transactions, and manages a team of tax professionals. The role demands deep technical tax expertise, strong leadership skills, commercial awareness and the ability to translate complex tax issues into business‑ready insights.
📈 Career Progression
Typical Career Path
Entry Point From:
- Senior Tax Consultant / Senior Tax Accountant
- Tax Manager (Corporate or Public Accounting)
- Corporate Tax Specialist / Tax Advisory Manager
Advancement To:
- Director of Tax / Head of Tax
- Vice President of Tax & Treasury
- Chief Financial Officer (with a tax specialism)
Lateral Moves:
- Transfer Pricing Manager
- Tax Operations Director
- Corporate Finance Manager (Tax Focus)
Core Responsibilities
Primary Functions
- Develop, implement and monitor the global and local tax strategy for the organisation, aligning with business goals, risk appetite and regulatory changes.
- Lead all aspects of tax compliance for the enterprise including corporate income tax, indirect taxes (VAT/GST/sales tax), payroll tax, property tax and other jurisdictional filings.
- Provide proactive tax planning and advisory services to senior management and business units, including M&A, restructuring, international expansions and asset disposals, to optimise tax efficiency.
- Manage preparation, review and filing of tax returns, informational returns, tax election forms, deferred tax analyses and other required documentation for compliance and audit readiness.
- Oversee tax provision calculations, uncertain tax positions (e.g., ASC 740/FIN 48), effective tax rate reconciliations and ensure alignment with financial reporting (GAAP/IFRS) requirements.
- Conduct in‑depth tax research and analysis on legislative changes, judicial decisions, regulatory developments and their potential business impact, and communicate findings to stakeholders.
- Lead and oversee tax audits, controversy resolutions, tax authority enquiries and appeals, acting as primary interface with tax authorities and external advisors.
- Monitor, evaluate and manage tax risks by establishing and maintaining internal controls, audit trails, documentation standards and tax‑risk frameworks across the organisation.
- Collaborate with finance, legal, treasury, business operations and external advisors to integrate tax planning into business decisions and transactions worldwide.
- Prepare and present tax reporting, dashboards and metrics to senior leadership, board of directors and audit committees, offering insights on tax trends, exposures and savings opportunities.
- Lead, mentor and develop a team of tax professionals including tax accountants, analysts and staff, managing performance, staffing, training and workload delegation.
- Drive process improvement and automation initiatives for tax operations, leveraging tax‑technology solutions, data analytics and system enhancements to increase efficiency and accuracy.
- Partner with business development and commercial teams to evaluate tax implications of new products, services or business models, ensuring tax optimisation and compliance are embedded from the outset.
- Maintain up‑to‑date knowledge of tax software, databases, regulatory tools and ensure the tax department uses best‑in‑class systems and methodologies.
- Manage budget, resources and expense planning for the tax department, ensuring alignment with strategic priorities, cost‑effectiveness and ROI of tax initiatives.
- Oversee the review and sign‑off of tax disclosures, financial statement footnotes and coordinate with external auditors on tax‑related matters.
- Identify and evaluate opportunities for tax savings, credits, incentives, reliefs and funding arrangements, collaborating with business units to capitalise on favourable tax regimes.
- Assess and structure cross‑border tax arrangements, transfer pricing issues, foreign tax credits and international tax compliance obligations where applicable.
- Ensure that business changes such as reorganisations, entity formations, joint ventures, divestitures and acquisitions appropriately address tax optimization and regulatory compliance.
- Drive stakeholder communication and education by developing and delivering tax training to business functions, raising awareness of tax rules, exposures and best practices.
Secondary Functions
- Support ad‑hoc strategic tax data requests and exploratory tax analytics to identify hidden tax opportunities or emerging risk.
- Contribute to the tax department’s strategic roadmap by recommending process enhancements, tax technology adoption and global standardisation of tax workflows.
- Collaborate with business units to translate operational or commercial changes into tax‑engineering requirements, aligning internal teams with tax strategy.
- Participate in cross‑functional planning sessions, steering committees and review boards to ensure tax implications are embedded into enterprise initiatives.
Required Skills & Competencies
Hard Skills (Technical)
- Deep understanding of corporate income tax, indirect tax, payroll tax, property tax, state/local tax and international tax regimes.
- Proficiency in tax provision accounting (ASC 740/FIN 48), deferred tax roll‑forwards, effective tax rate reconciliations and GAAP/IFRS tax disclosures.
- Strong tax research and technical writing capability including drafting memos, tax position papers and documenting risk assessments.
- Experience with tax software, databases and tools (e.g., OneSource, TaxPrep, CCH, ERP tax modules) and data analytics platforms.
- Ability to interpret and apply complex tax legislation, regulations, rulings and treaty provisions to business transactions.
- Skilled in tax audit defence, controversy management, responding to tax authorities’ queries, and negotiating settlements.
- Competence in designing, implementing and monitoring tax controls, internal audit processes and workflow automation.
- Excellent financial analysis and modelling skills to forecast tax liabilities, tax scenarios, credit utilisation and cost‑benefit of tax strategies.
- Strong project management skills including planning, budgeting, cross‑functional coordination and delivering initiatives on schedule.
- Experience managing, training and developing a team of tax professionals, delegating tasks and driving performance improvements.
Soft Skills
- Exceptional communication skills (written and verbal), capable of translating tax complexity into clear, business‑oriented guidance for senior leadership and business partners.
- Strategic thinking and commercial acumen: understands how tax fits into broader business strategy and can influence business decisions accordingly.
- High level of integrity and ethics: handles confidential information responsibly, ensures compliance and enforces tax governance.
- Leadership and team‑building skills: able to motivate, coach and mentor team members and foster collaboration across functions.
- Analytical mindset with strong attention to detail: spots risk, inconsistencies and opportunities, and consistently ensures accuracy under tight deadlines.
- Resilience and adaptability: able to navigate a changing regulatory environment, shifting priorities and high‑pressure tax cycles.
- Influencing and stakeholder management: builds trust and credibility with business units, external advisors, senior management and tax authorities.
- Problem‑solving orientation: identifies root causes, evaluates options, leads implementation of effective solutions and follows through.
- Time‑management and prioritisation: manages multiple tax projects, deadlines and stakeholder demands while maintaining quality.
- Learning‑orientation and curiosity: continuously updates knowledge of tax legislation, emerging trends, tax technology and best practices.
Education & Experience
Educational Background
Minimum Education:
Bachelor’s degree in Accounting, Finance, Taxation or a related field.
Preferred Education:
Bachelor’s degree plus professional certification (CPA, Chartered Tax Advisor / CTA) or Master’s in Taxation or Accounting.
Relevant Fields of Study:
- Taxation
- Accounting
- Finance
- Business Administration
- International Business