What incentive do people have to pay their taxes? Besides the desire to help their fellow man by funding roads and schools, of course. The threat of the revenue officer banging on the door is usually what keeps people in line. Revenue officers work for a government tax service such as the U.S. Internal Revenue Service (IRS) and make sure that people pay what they owe.
Revenue officers scrutinize tax information and audit with detail to find discrepancies in reported income and other loopholes that people use to cheat on their taxes. However, the job of a revenue officer isn't just about hunting down bad guys with the power of paper. Many people genuinely make mistakes on their taxes, and the revenue officer helps communicate about filing discrepancies and set up repayment plans.
Most revenue officers have bachelor's or master's degrees in business or accounting. It takes a lot of learning to be able to make sense of so much tax information.
There is more than meets the eye when it comes to being a revenue officer. For example, did you know that they make an average of $98.01 an hour? That's $203,853 a year!
Between 2018 and 2028, the career is expected to grow -2% and produce -1,400 job opportunities across the U.S.
There are certain skills that many revenue officers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed computer skills, analytical skills and detail oriented.
When it comes to the most important skills required to be a revenue officer, we found that a lot of resumes listed 22.1% of revenue officers included financial statements, while 12.3% of resumes included tax returns, and 8.3% of resumes included real estate. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the revenue officer job title. But what industry to start with? Most revenue officers actually find jobs in the technology and government industries.
If you're interested in becoming a revenue officer, one of the first things to consider is how much education you need. We've determined that 64.3% of revenue officers have a bachelor's degree. In terms of higher education levels, we found that 13.8% of revenue officers have master's degrees. Even though most revenue officers have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a revenue officer. When we researched the most common majors for a revenue officer, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on revenue officer resumes include associate degree degrees or diploma degrees.
You may find that experience in other jobs will help you become a revenue officer. In fact, many revenue officer jobs require experience in a role such as sales vice president. Meanwhile, many revenue officers also have previous career experience in roles such as customer service representative or vice president.