Got an interview coming up where you’re applying for the role of a Income tax expert? No worries! Listed below, you’ll find some of the most common Income tax expert interview questions along with sample answers. Check them out below (and good luck!)
What experience do you have as a Income tax expert?
A straightforward question that requires an honest answer – list experience you have as it pertains to the position you’re applying for. Of course, on the off chance you don’t have any experience in the role, plan ahead and have some examples of tangentially related experience. In doing this, you can actually turn your lack of experience into a showcase for your ability to relate and connect similar skillsets.
Answer Sample:
While my experience with x is limited, while working under y at my last job I really got to learn the ropes about z
As we move into the future, what challenges do you feel our industry is facing, especially the role of Income tax expert?
There are a variety of ways to answer this one. These days, mentioning Artificial Intelligence, software, and related items should do well. No matter what you answer here, do some research ahead of time and be sure you can back up your answer.
Answer Sample:
Its hard to know for sure with industry factors such as x and y changing so many things – all I can say is that Im excited for the challenges that come with that
What do you to ensure error free work?
To err is human, but not when it comes to accounting. While you may be a caped crusader with superhuman error-free work skills, your interviewer won’t buy it. What your interviewer seeks here is a process for quality control.
Answer Sample:
Rain or shine, I always make sure that x is reviewed 3 times over and referenced against y before it goes out the door
Tell me about a time you used graphs, charts, and data to drive home a point?
Numbers don’t lie. While it may be the epitomy of ‘nerdery’, story telling through data is a critical skill for those in the financial profession. A great example here would be anything relating to a decision where your data made a difference.
Answer Sample:
In a recent client meeting, by clearly visualizing some key figures we were able to save them $10s of thousands in tax payable.
Has there ever been a time you were required to deliver critical feedback?
One of the most difficult things to dispense – and receive – is critique of work. Anyone who has spent enough time in this industry realizes that human error is part of the job, and no one is perfect. What you’re going to want to do here is be sure to let the interviewer know what you did in reaction to this feedback. Was there ownership of a mistake, or deflection? By showing your cool in the reaction itself, you demonstrate leadership characteristics that employers love.
Answer Sample:
No one likes these situations, but Ive found that dealing with it factually and without predjudice tends to be the best approach
Give me an example of when your attention (or lack of attention) affected the outcome of a project. Why?
Always with the details! As an accountant, this is a serious requirement. Like many non-valid responses, your statement ‘yes I am a detail oriented person’ is not going to cut it.
Answer Sample:
A careful review of x revealed that y and z were out of order, ultimately preventing a costly audit
Which online tools, cloud software, or other accounting specific platforms are you familiar with?
You’d be hard pressed to find an accounting firm these days where software isn’t at the cornerstone of how they operate. In the event that you don’t have experience with popular software, familiarize yourself with industry standards ahead of time. Take some time to ensure you are able to to name popular applications, and have a solid idea of their purpose.
Answer Sample:
The bulk of my experience lies with the x platform, but Im fascinated with some of what the y system is capable of
Regarding culture, what environment do you feel you do your best work in?
Every company wants to find the perfect culture match for their organization. Many studies prove that hiring for culture first and ability second yields far superior results. You’ll want to be careful here, indicating that you are able to thrive in a variety of work enviornments.
Answer Sample:
I succeed when given clear expectations of me and my team, and find a balance of working individually as well as alongside a team is when Im most content
What made you leave your last job – and why are you choosing us?
Tread lightly! This question can be a dealbreaker if answered improperly. Your desire for better compensation or venting about the ‘terrible leadership’ at your last job may leave your interviewer with the wrong impression of you. Even if you were let go, keep it short and concise, and avoid drama at all costs.
Answer Sample:
My last position came to an end rather organically, and its now time to seek new opportunities