Tax & Accounting Associate

Requirements:

• ACCA/ CA / CPA /CMA qualified or pursuing
• 1-2 years of work experience in an accounting firm
• Have excellent knowledge of Accounts Payable and Receivable.
• Good understanding of accounting and financial reporting principles and practices.
• Quality standards and quality assurance policy, and procedure.
• Proficient in VAT and Tax Computations.
• Proficient in English

Responsibilities:

• Interact proactively with clients to address inquiries, concerns, and issues.
• Maintain meticulous and compliant records of client accounts.
• Stay current with tax laws and regulations, providing up-to-date guidance and advice.
• Assist clients in understanding and meeting tax and compliance requirements to minimize risks.
• Manage bookkeeping tasks, including payables, receivables, and petty cash maintenance.
• Coordinate with banks for daily deposits and banking operations.
• Calculate taxes owed by accurately applying tax codes and regulations.
• Prepare tax returns for individuals and small businesses, ranging from simple to complex cases.
• Help clients strategically leverage federal, state, and local tax codes to maximize eligible benefits.
• Identify deductions and tax credits to minimize client tax liabilities.
• Oversee VAT and Corporate Tax (CT) registration requirements and thresholds.
• Review and analyze financial records, including income statements and expenditure documentation.
• Conduct client interviews to understand financial situations comprehensively.
• Verify the accuracy of past tax returns and ensure records are consistently reconciled.
• Refer to tax law handbooks for complex returns to ensure full compliance.
• Advise clients on relevant laws, including VAT, CT, AML, ESR, and UBO regulations.
• Address and resolve client complaints professionally and efficiently.
• Recommend financial products and services that meet client needs.
• Use electronic filing software for accurate and timely tax return submission.
• Ensure clients receive copies of their filed tax returns for records.
• Regularly update financial trackers and databases for accuracy and accessibility.
• Prepare weekly and monthly summary reports for management review.