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    Senior Tax Accountant - Aberdeen, United Kingdom - Petrofac

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    Description

    Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world's leading energy companies.

    We design, build, manage and maintain infrastructure for our clients. We recruit, reward, and develop our people based on merit regardless of race, nationality, religion, gender, age, sexual orientation, marital status or disability. We value our people and treat everyone who works for or with Petrofac fairly and without discrimination.

    The world is re-thinking its energy supply and energy security needs; planning for a phased transition to alternative energy sources. We are here to help our clients meet these evolving energy needs.

    This is an exciting time to join us on this journey.

    We support flexible working requests and have adopted a hybrid approach for most of our office-based roles. We ask employees to be present in the office at least three days per week.

    JOB TITLE: SENIOR TAX ACCOUNTANT - Maternity cover, 12-18 months.

    KEY RESPONSIBILITIES:

    ·Manage Direct and Indirect Tax requirements for Asset Solutions West Maintenance of budgets and variations.

    ·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 AS 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.

    ·Assist with the preparation/review of the PAYE Settlement Agreement (PSA) for the UK legal entities on a timely basis.

    ·Assist the HR/recruitment and commercial teams with IR35 compliance, review SDAs and assist with contractual requirements.

    ·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 complies with global transfer pricing policies and supply requested information.

    ·Research and Development – work with the Group Tax to optimize AS's R+D position, assisting with the collation of information from operations and finance. Take the role of first point of contact for Petrofac and advisors, facilitating the technical evaluation of projects to determine what activities are qualifying.

    ·Research new country entry requirements to ensure the AS 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.

    ·Proactively support the implementation of Oracle Tax Reporting Cloud Services (TRCS) and ensure that it delivers the intended benefits.

    ·Update and 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.

    ·Address ad-hoc tax related queries from colleagues and support ad-hoc tax projects as required.

    ·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

    ·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 optimize the financial controls framework.

    ESSENTIAL QUALIFICATIONS AND SKILLS:

    ·Professional qualification in accounting or tax, ICAS/ACCA/CTA/ATT

    ·Good academic record

    ·Good general UK tax knowledge

    ·Tax software experience, Alpha tax or similar.

    ·Excel

    ·Reporting writing and analytical skills

    ·Ability to work effectively with all areas of the business and to communicate with colleagues and build effective relationships.

    ·Ability to critically analyze current work methods and suggest and rapidly implement successful changes.

    ·Strong verbal and written communication in English

    ·Good working knowledge and experience of application of IFRS.

    ·Tax compliance for part of a UK listed group (FTSE 250)

    ·Ability to conduct research into basic advisory queries.

    ·Tax compliance is a major focus of the Petrofac group, and the company faces extremely complex tax issues as part of a large international group in the oil and gas industry.

    #LI-SG1

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