Direct Tax Accountant supporting the Direct & Employment Tax Manager for internal and external tax compliance. Delivering tax reporting and managing direct tax processes for statutory accounts in the UK.
Responsibilities
Reporting to the Direct & Employment Tax Manager, the role involves supporting the Direct and Employment Tax Manager to deliver internal direct tax reporting and external UK tax compliance.
Manage the process to deliver internal direct tax reporting including the preparation of direct tax provisions and supporting analysis for the annual statutory accounts, including full deferred tax calculations, and group reporting cycle.
Finalisation of direct tax computations for submission to HMRC (using One Source Corporate Tax/Alphatax) and dealing with HMRC direct tax queries including preparing elections where required.
Post the legal entity monthly tax charge and producing the groups consolidated tax charge and proof of tax.
Also ensure direct tax balance sheet reconciliations are produced monthly, issues are monitored and resolved and reported appropriately.
Liaison with the offshore and onshore Finance teams for Oracle GL data analysis, evaluating opportunities for automation and driving process improvement.
Assist with forecasting the effective tax rate and calculating the Group’s Payments on Account.
Understanding of tax procedures, risks and controls, with the requirement to notify any risks / failures in controls to the appropriate channel.
Ensure that core systems are fit for purpose for direct tax reporting and compliance.
Provide tax technical support and subject matter expert input into ad hoc finance and business projects.
Requirements
Suitable tax qualification, either Chartered Institute of Taxation or Association of Chartered Accountants in England & Wales (or equivalent)
Experience of a Big 4 Tax environment.
At least 5 years’ post qualification experience working in an in-house tax role
Solid technical grounding in UK corporation tax and tax accounting
Effective working relationships with tax authorities and external advisers.
Ability to work independently and as part of a team
Strong data analysis and spreadsheet skills.
Oracle experience desirable.
Benefits
9% employer contributed pension
50% off home, motor and pet insurance plus free Green Flag breakdown cover
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