Jobs in International Trade: International Tax Manager

What Does an International Tax Manager Do?

Companies need to pay attention to the fact that to ensure that their business operations can continue to run well, companies must update, understand, and comply with applicable laws and regulations – including those related to international taxes. And that's where the international tax manager is to help ensure that companies comply with applicable international tax laws and regulations.

Usually, the position of international tax manager is only in multinational companies that operate in more than one country. Its main task is to analyze as well as to develop strategies to ensure the compliance of companies with all laws and regulations related to international taxes.

So, what does an international tax manager do? In general, the following are the main duties and responsibilities of an international tax manager:

Ensure that companies' policy conforms to applicable tax laws and regulations in specific countries or even international tax laws and regulations

Develop strategies on how to ensure companies comply with all international tax laws and regulations

Dealing with required paperwork related to international tax compliance or audits

Stay updated on changes in legislation and regulations related to taxes that may affect companies

Develop plans for whatever may come next are in demand (such as changes in tax legislation, tax regulations, etc)

Assist relevant departments in companies to adjust their practices based on changes in tax laws or regulations

But of the many duties and responsibilities of an international tax manager, the main responsibility is to help companies comply with international tax laws and regulations so that companies' business operations can continue to run well.

Want to start a career as an international tax manager? Find job vacancies in international tax sector here.

How to Become an International Tax Manager?

It takes high skills and qualifications to become an international tax manager. Because the responsibility is very significant for the success of the company's business operations. The failure of international tax managers to make companies comply with laws and regulations will adversely affect the sustainability of companies' business operations.

Want to start a career in international tax manager? Here are the essential qualifications and requirements to be an international tax manager:

Degree related to tax, accounting, international business, international trade, laws, and related

Have a CPA certification or certifications that are relevant to international taxes

Have in-depth knowledge of agreements and policies on state and local taxation, national taxation, and international taxation

Update on laws and regulations related to international taxes

Have experience in international tax (inbound and outbound transactions) and in corporate tax audit

A problem solver with analytical skills

Not only that, but a skilled international tax manager must also have consulting skills to be able to share knowledge, practice, and be able to provide advice to companies in dealing with international taxes.

International Tax Manager Salary and Career Outlook

Based on Glassdoor.com's latest statistic updated in November 2021, the international tax manager salary in the United States is $131,247 (average). The lowest salary is $101,000, and the highest is $170,000.

However, international tax manager salary vary widely, influenced by many other factors such as experience, location, certification, education level, and others.

When it comes to career outlook, a career in international tax, including international tax manager, is good. Considering that the business operations of companies (especially multinational companies) cannot run well if companies do not comply with applicable laws and regulations.

Therefore, the presence of a skilled international tax manager is very much needed by companies today. Considering that international tax laws and regulations are very complex and dynamic.

Are you an international tax specialist or an international tax manager? Or do you want to start a career in international tax? Get the latest job vacancies in international tax sector here.