Job Purpose:
To serve as an experienced professional within the firm, handling intricate tax and accounting tasks with precision. Responsible for providing expert guidance to clients, ensuring compliance with ever-evolving tax laws, and sharing their knowledge with junior associates to facilitate their professional development. They actively contribute to the firm's reputation for excellence, offering strategic insights, and helping clients navigate complex financial challenges. A pivotal role in driving the firm's success while upholding the highest standards of accuracy, ethics, and client satisfaction.
Key Responsibilities:
Client Interaction and Account Management:
•Interact proactively with clients to address their inquiries, concerns, and issues.
•Maintain meticulous records of client accounts, ensuring accuracy and compliance.
Client Consultation and Advisory:
•Conduct in-depth consultations with clients to understand their unique financial goals and challenges.
•Provide expert advice on tax planning, compliance, and accounting strategies to optimize financial outcomes.
•Develop tailored financial plans and recommendations to address clients' specific needs and objectives.
Compliance and Regulatory Expertise:
•Stay current with tax laws and regulations, providing clients with up-to-date guidance and advice.
•Assist clients in understanding and meeting tax and compliance requirements, minimizing the risk of penalties.
Bookkeeping and Financial Management:
•Proficiently manage bookkeeping tasks, including Payables and Receivables Management.
•Oversee the maintenance of Petty Cash and coordinate with banks for daily deposits.
Taxation Expertise:
•Calculate taxes owed by meticulously following tax codes and regulations.
•Prepare a wide range of tax returns, from simple to complex, for both individuals and small businesses.
•Strategically help clients leverage federal, state, and local tax codes to maximize their eligible benefits.
•Identify potential deductions, tax credits, and advise clients on minimizing tax liabilities.
•Oversee the registration requirements and thresholds for VAT/ CT.
Financial Analysis and Record Review:
•Review and analyze financial records, including income statements and expenditure documentation.
•Conduct in-depth interviews with clients to gain a comprehensive understanding of their financial situations.
Accuracy and Compliance Assurance:
•Verify the accuracy of past tax returns and ensure records are always reconciled.
•Refer to tax law handbooks for complex tax returns, ensuring compliance.
•Advise the clients regarding any relevant laws related to VAT, CT, AML,ESR UBO etc Client Relationship Management:
•Address and resolve customer complaints promptly and professionally.
•Recommend additional financial products and services that align with clients' needs.
Electronic Tax Filing:
•Utilize electronic filing software to accurately prepare and file tax returns.
•Ensure clients receive a copy of their completed tax return for their records.
Tracker Management and Updating:
•Regularly update financial trackers and databases to reflect the most current information.
•Ensure that tracking systems are accurate, well-organized, and accessible for reference and analysis.
•Prepare weekly/monthly summary reports to present to the management.
Mentoring and Knowledge Sharing:
•Actively mentor and share your expertise with junior associates/Subordinates to support their professional development.
•Facilitate training sessions and provide guidance to enhance the knowledge and skills of team members