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What is a tax officer?
The tax officer is not one of those professions that are clearly outlined and clearly defined. On the contrary, the layout is very different – the only thing that unites them all is the fundamental connection to tax topics and tasks.
For example, a tax officer in smaller companies is responsible for all tax matters as a generalist. In addition to the usual tasks such as tax calculation, tax reporting and the preparation of the tax return, his to-do list also includes special topics, for example in connection with the acquisition of investments or the task of promoting digitization in the tax area.
Generalist or specialized professional
The tax officer works closely with the various specialist departments and usually reports to the managing director or head of finance and accounting. He is the first point of contact for external tax consultants or the financial authorities during tax audits. The transition from tax officer to head of taxes, who works without managerial responsibility and bears the title “head” primarily because of the more effective external presentation, is fluid.
In larger companies, especially in corporations, the tax officer works in a team of tax experts below the head of tax. Depending on the interpretation of the position, the portfolio of activities ranges from general to specialized. The focus of the work can be on looking after certain types of taxes such as sales, coffee, tobacco or income tax, or an all-rounder activity in the area of tax accounting, tax calculation or analysis of several types of taxes can be in the foreground. The tax officer can also promote digitization or further develop the tax compliance system.
The most important things in 5 seconds
Education: Degree in business administration, tax specialist, tax clerk, accountant exam, tax consultant exam
Starting salary: €45,000
Top salary: €70,000
Opportunities for advancement: Management positions in finance and accounting
Tasks
What does a tax officer do?
Since the task can vary greatly from tax officer to tax officer, we provide an overview of all activities that could arise in principle below:
timely preparation of tax returns
Tax returns for special tax types such as sales tax
Supervision of the corresponding tax audits by the financial administration
Tax reporting as part of the company’s monthly and annual financial statements (individual financial statements and consolidated financial statements)
Calculation of current and deferred taxes for the preparation of periodic financial statements
Creation of transfer pricing documentation and support in the drafting of contracts for intra-group services
Implementation of changes in tax law and support in the implementation in the internal IT systems
Monitoring and optimization of all processes that are relevant to tax (compliance with and creation of instructions, guidelines, further development of the tax compliancesystem)
Information and training of employees on tax issues
Taking on special tasks and projects, e.g. in the event of significant changes in tax legislation or M&A issues
Advice and support for group companies and subsidiaries on tax-related issues
Cooperation with other departments (sales, purchasing, logistics, finance)
Further development of the digitization of the tax department
Since the task can vary greatly from tax officer to tax officer, we provide an overview of all activities that could arise in principle below:
timely preparation of tax returns
Tax returns for special tax types such as sales tax
Supervision of the corresponding tax audits by the financial administration
Tax reporting as part of the company’s monthly and annual financial statements (individual financial statements and consolidated financial statements)
Calculation of current and deferred taxes for the preparation of periodic financial statements
Creation of transfer pricing documentation and support in the drafting of contracts for intra-group services
Implementation of changes in tax law and support in the implementation in the internal IT systems
Monitoring and optimization of all processes that are relevant to tax (compliance with and creation of instructions, guidelines, further development of the tax compliance system)
Information and training of employees on tax issues
Taking on special tasks and projects, e.g. in the event of significant changes in tax legislation or M&A issues
Advice and support for group companies and subsidiaries on tax-related issues
Cooperation with other departments (sales, purchasing, logistics, finance)
Further development of the digitization of the tax department
Education
How do you become a tax officer?
As different as the tasks of a tax officer are, the necessary qualifications are just as different: From tax clerk to accountant to tax consultant with appropriate exams – there is no one way to work as a tax officer. It is important that qualifications and experience match the requirements of the job. Below is a list of the qualifications and skills that are generally required.
Education:
tax consultant exam
completed studies in business administration
tax accountant
tax clerk
Accountant Examination
Technical skills:
several years of experience in the tax department of a company or in a tax consulting firm
Possibly experience in national and international tax law for a specific type of tax (e.g. sales tax)
Experience in the field of a specific type of tax or willingness to acquire knowledge of this specific type of tax
Reliable experience in handling and using the software used (DATEV, SAP R/3 with the modules FI, SD, MM)
MS Office
Very good spoken and written language skills – German, English and possibly another foreign language (for groups with subsidiaries abroad)
Salary
What does a tax officer earn?
from 50.000€
up to €140,000
Despite high qualifications and demanding professional training, the pay for tax consultants is not lavish: In smaller companies, tax consultants with the appropriate professional experience receive an annual starting salary of around €50,000, with tax consultant exams around €80,000. At the absolute top, tax consultants can earn up to €140,000 per year plus the usual additional benefits in large, international corporations – but only with a tax consultant exam.
Requirements
What do you expect from the tax officer?
All tax officers – whether specialist or generalist – combine conscientiousness and accuracy in their daily work. They work in a detailed and concentrated manner and delve deep into their subject matter. Constantly new tax laws, directives and judgments of the financial courts require a high degree of willingness to absorb new knowledge and to continuously train.
The quicker the comprehension, the easier the job. However, the topics and their effects must also be communicated to the interlocutors and decision-makers in an understandable way. In addition, tax issues are often unwelcome, are ignored and hidden in the company, so that persuasion is required when dealing with internal specialist departments.
When interpreting tax laws and applying them to their own business processes, tax officers act in a responsible and risk-aware manner and know who needs to be involved in the company to make a viable decision.
Career
Opportunities for advancement as a tax officer
Tax professionals are in high demand in the market because of their considerable knowledge. All-rounders have a good chance of moving to other positions in finance and accounting and, with the right personality, also assume managerial responsibility.
Specialists can develop their careers by applying to broader tax areas within their company. If you have ambitions for a management position, you can qualify for a management position with this intermediate step.
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