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Career Opportunities in Tax Technology 

The tax technology landscape is undergoing a seismic shift, mirroring the skyrocketing interest in AI. As a result, our tax team is witnessing a surge in inquiries from tax professionals eager to venture into this dynamic terrain. It’s a transformational era; just a few years ago, the term “taxologist” might have drawn puzzled looks, but today, it signifies a crucial role in the evolving tax technology ecosystem.

As the demand for tax technology professionals continues to surge, 2023 marked another steady year in the number of tax technology roles advertised across the UK and Europe. The evolution is palpable, and tax professionals are increasingly drawn to the tech side of the spectrum.

With this in mind, here’s a quick rundown of the myriad of roles within the tax technology space, accompanied by this Lego-inspired infographic that encapsulates the essence of each unique position.

 

tax technology career spectrum in lego characters

1. Compliance Technology: Enforcement and Streamlining

Definition: Focusing on technology solutions that ensure organiastions comply with tax regulations and e-invoicing rules. This role involves implementing and managing software tools to streamline and automate the tax compliance process.

2. Tax Automation: Efficiency in Every Process

Definition: Automating various tax-related processes using technology. This includes the use of software tools and systems to streamline tasks such as data entry, calculations, and reporting.

3. ERP Tax Specialist: Integration Mastery

Definition: Integrating tax requirements into Enterprise Resource Planning (ERP) systems. This role ensures that ERP systems are configured to handle tax-related data and compliance needs.

4. RPA (Robotic Process Automation): The Power of Bots

Definition: Involves using software robots or “bots” to automate repetitive and rule-based tax processes. RPA can be applied to tasks such as data entry, validation, and reporting.

5. Software Engineer: Behind-the-Scenes Code Hero

Definition: Designs, develops, and maintains software applications, including tax technology solutions. This role involves coding, testing, and debugging software to meet specific tax-related requirements.

6. Systems Implementation: Building for Success

Definition: Involves the implementation of tax transformation systems within an organisation. This includes planning, configuring, and deploying software solutions to meet specific tax-related needs.

7. Process Improvement: Investigative and Transformative

Definition: Identifying and implementing improvements in tax-related processes through the use of technology. This may include optimising workflows, reducing manual tasks, and enhancing overall efficiency.

8. Research & Content: Uncovering Tax Insights

Definition: Researching tax laws, regulations, and compliance requirements to formulate the content that underpins the system or software.

9. Data Determination: Logical Tax Calculations

Definition: Using technology to calculate and determine the correct tax liabilities for a business.

10. Data Analytics: Extracting Insights

Definition: Using analytical tools and techniques to analyse large sets of tax-related data.

11. Data Visualisation: Communicating Complexity Simply

Definition: Presenting tax-related data in a visual format to make complex information more understandable and accessible.

12. Data Privacy: Guardian of Sensitive Information

Definition: Focuses on ensuring the secure and compliant handling of tax-related data.

13. Regulatory Technology (RegTech): Addressing Regulatory Challenges

Definition: Leveraging technology to address regulatory challenges in the tax domain.

14. Taxologist: Bridging Tradition with Technology

Definition: Focuses on bridging the gap between traditional tax functions and modern technology in the 21st-century landscape.

15. Tax Transformation: Strategic Technology Use

Definition: Encompasses the strategic use of technology to transform and optimise an organisation’s tax function.

16. Product Management / Ownership: Leadership in Development

Definition: Commercial oversight of the development, management, and go-to-market roadmap of technology products.

17. Sales Engineer: Technical Expertise in Sales

Definition: Combines technical expertise with sales skills to provide product demonstrations and assist in the sales process of tax technology solutions.

18. Solutions Consultant: Technical Expertise and Charisma in Sales

Definition: Collaborates with sales teams to understand customer needs and presents tailored solutions during the pre-sales phase.

Whether you are drawn to the intricate world of data or possess a passion for mastering tax technicalities, there’s a role for you in the tax technology revolution.

If you’re considering a move in the tax technology space in the UK or Europe, connect with the Harvey John tax team. We not only align roles with your skills and aspirations but also provide key market insights so you’re informed when taking the next step in your career. 

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