Senior Tax Accountant

The Tax Senior/Supervisor position is a senior Level 3 tax professional performing advanced accounting, payroll and income tax return preparation with supervisory responsibilities over one or more junior Tax Associate or Tax Accountant employees. Level 3 increases exposure to more complex areas for experienced tax professionals converting this knowledge into tax planning and business advice. It is a dual discipline position doing work in both business accounting and individual income tax return preparation.

The position has both hands‑on production responsibilities and supervising responsibilities. The Tax Senior/Supervisor is directly responsible to maintain the financial books and tax records and prepare financial statements for multiple business clients and perform comprehensive business and individual income tax return preparation by completing the work themselves and/or delegating work to staff under their supervision.

The position focuses on advance accounting and tax preparation as well as training and reviewing staff work while directly advising individuals and businesses on income tax compliance and deduction strategies to minimize their tax liability. It requires a sufficient understanding and application of Generally Accepted Accounting Principles (GAAP) Accounting Standards Codification and Internal Revenue Code with the ability to prepare financial statements and income tax returns in accordance with the rules and regulations.

The job necessitates building relationships with clients while overseeing and providing on‑going support and mentorship to staff coupled with critical thinking skills to analyze different accounting and tax positions and make a decision as to the best option or solution for clients. The position offers career progression to a manager role.

The Tax Senior/Supervisor is responsible to deliver the complete set of accounting and income tax preparation, tax planning and advisory services to multiple business and individual clients. The Tax Senior/Supervisor is responsible for the preparation of advanced accounting GAAP financial statements and the more complex business and individual income tax returns. The position is responsible to prepare all types of business entity tax returns including: sole proprietor ships, C corporations, S corporations, partnerships, LLCs, SMLLCs, trusts, estates, gift and nonprofits.

The Tax Senior/Supervisor has expanded responsibilities to assist with taxpayer representation in the case of IRS or state audit inquiries. The Tax Senior/Supervisor is responsible to review work delegated to Tax Associates or Tax Accountants under their supervision as well as train staff in technical standards and firm procedures to: (a) document financial books and records compliant with state statutes and IRS record‑keeping regulations, (b) facilitate the preparation of financial statements, (c) substantiate tax return income and deductions, and (d) provide a reconciled audit trail from financial books and records to tax return reporting.

The position is responsible to maintain a broader technical knowledge base of accounting standards and the Internal Revenue Code.

Quick Books Bookkeeping – Obtain client monthly bank statements, credit card statements, loan statements, fixed asset records and payroll records and assemble the Business Organizer. Perform data entry of transactions into Quick Books desktop or Quick Books On‑line (QBO) accounting software. Post adjusting journal entries to the general ledger to record and maintain proper account balances. Record all tax adjustments to the QB data file to keep client Quick Books in sync with the tax return.

Account Analysis and Reconciliation – Prepare bank reconciliation and reconciliations of credit cards and loans to monthly statements. Prepare account analysis work papers for accounts receivable, advances, prepaids, inventory, fixed assets, intangible assets, accounts payable, credit card payable, accrued liabilities, leases, loans payable and equity accounts. Reconcile general ledger accounts to ensure appropriate balance sheet and income statement classification.…