Acquisitions Tax Manager
An Acquisitions Tax Manager is a high level accounting position responsible for the management of taxes of property acquisitions of a company. He or she collaborates with the property acquisition staff to compile financial information on the taxes involving company purchases. Within big companies, he or she is to oversee the accuracy of acquisitions tax reports, come up with future plans through which tax obligations from purchases can be reduced, and provide tax-oriented recommendations to the acquisitions department.
An Acquisitions Tax Manager is expected to be knowledgeable in all facets of tax accounting. He or she must be a master of tax laws, policies, and processes being implemented by the IRS, the state, and the local government, and is always updated with the changes therein. As a manager, he or she is expected to display strong leadership skills, as tax accounting is a very challenging field and necessitates a staff that is very keen to details, has a predilection for accuracy of figures, and works effectively together.
The job requires a University degree in Accounting, Business Management, Business Economics, and other relevant courses that have units in Accountancy. As a top management position, it calls for a professional in his or her mid-career, preferably at least 5-7 years of experience in Tax Acquisitions Accounting.
Being a Certified Public Accountant is a must, as the position is strongly linked to legal matters. Given their numerous job functions, Acquisition Tax Managers receive a paycheck every two weeks, earning an average of around $100,000 USD per year.
