Job Description
Job Title: Senior Tax Accountant
Job Type: 12-18 months FTC, Hybrid 1-2 days in office.
Package: £70,000 - £80,000 + bonus and benefits package
Apply promptly! A high volume of applicants is expected for the role as detailed below, do not wait to send your CV.
About the company:
We are currently exclusively partnered with a global energy services powerhouse! They are at the forefront of the of cutting-edge oil, gas, refining, petrochemicals, and renewable energy infrastructures.
About the role:
You will be reporting into the Finance Director and Tax Lead whilst managing 1 direct report. The main purpose of the role is to Manage Direct and Indirect Tax requirements for Asset team.
Key Responsibilities:
Tax Reporting
- Manage all direct and indirect tax reporting/filings for the AS business unit
- Review the AS UK corporation tax returns to ensure consistent high quality and timely delivery
- Preparation of the UK Corporate Interest Restriction return
- Overview of divisional tax reporting and accounting (actuals and forecasts tax packs)
- Preparation of tax disclosures and schedules for legal entity financial statements, supporting the asset finance team reporting requirements
- Responsibility for timely review and submission of UK VAT return
- Overview of compliance in non UK jurisdictions (assurance)
- Provide forecasts for cash tax payable
- Review the monthly tax balance sheet reconciliations
- Comply with the Group Tax strategy and policy and ensure business unit adherence
- Assist with audit and preparation of the annual SAO summary and ensure compliance for each legal entity across the business unit
- iXBRL – review tagged accounts to ensure effective tagging process and CT submissions
- with the preparation/review of the PAYE Settlement Agreement (PSA) for the UK legal entities on a timely basis
- the HR/recruitment and commercial teams with IR35 compliance, review SDAs and assist with contractual requirements
Compliance & Advisory
- Assist the business to ensure correct application of output tax and complaint reclaiming of input tax.
- Support indirect and employment tax queries from the business, liaising with Group Tax to ensure benefits are appropriately taxed and the costs the business is compliant in dealing with PSA, relocations, P11Ds etc
- Provide tax advice for tenders
- Transfer Pricing – work with the Group Tax to ensure AS comply with global transfer pricing policies and supply requested information
- Research and Development – work with the Group Tax to optimise AS’s R+D position, assisting with the collation of information from operations and finance.
- Research new country entry requirements to ensure the asset business is fully tax compliant when undertaking work in new countries. Feed into the commercial viability of these projects, making clear any additional tax costs/savings which may arise.
- Monitor legislative changes, assess the impact on the Business, and propose and implement responses as appropriate
- Build relationships with operations, Commercial and HR to ensure they seek tax advice where required.
- Provide training on tax matters to teams within and out with Finance
- Assure compliance with Facilitation of Tax Evasion legislation, working with the business to come up with practical working solutions.
General:
- Support the implementation of Oracle Tax Reporting Cloud Services (TRCS) and ensure that it delivers the intended benefits.
- Manage the tax tracker for UK compliance
- Maintain the tax risk register and ensure that all material provided and unprovided tax risks are identified, understood, and tracked
- Assist in the collation of financial and other data required in the event of tax authority queries.
- Assistance with Legal Entity reduction process across the AS business
Financial Controls
- Monitor the financial statements risks associated with tax and respond by ensuring the appropriate financial controls are designed, implemented, and operated effectively to provide reasonable assurance on the integrity of the financial statements
- Assess opportunities to optimise the financial controls framework
ED&I
Inventum Group is passionate about equity, diversity and inclusion. We seek individuals from the widest talent pool and encourage underrepresented talent to apply for vacancies with us. We are committed to recruitment processes that are fair for all, regardless of background and personal characteristics. If you require any adjustments to apply for a role with us, please let us know in whatever way suits you best.