Senior Tax Accountant International Tax

Key Responsibilities

• Tax Reporting

• Manage all direct and indirect tax reporting/filings for the AS business unit eastern hemisphere.
• Prepare, review and update project tax calculations for the AS business unit including estimates of tax at project completion, current tax vs deferred tax split, etc.
• Preparation of tax packs for Management and Group Reporting purposes
• Prepare tax movement schedules, and periodically analyse, true-up and validate tax balances
• Maintain the tax risk register and ensure that all material provided and unprovided tax risks are identified, understood, and tracked
• Ensure that all uncertain tax treatments (UTTs) are properly documented and supported
• Track and understand the tax compliance cycle in each jurisdiction in order to ensure that tax impacts are correctly reflected in the Group’s financial statements
• Monthly review of tax balance sheet reconciliations and reporting tools to ensure the correctness of the reported tax numbers
• Ensure that tax payments are correctly recorded in the accounts, and are allocated to the correct project
• Compile and report tax payments made across jurisdictions and ensure that adequate documentation is maintained
• Provide ad-hoc operations/business support,
• Actively support Group Tax projects e.g. UAE Corporate Tax and Transfer Pricing,
• Manage and resolve tax enquiries, audits and disputes
• Manage and work with external auditors to ensure that the tax audit process is completed smoothly
• Support the preparation of tax disclosures and schedules for legal entity financial statements
• Deliver timely, accurate, meaningful, and right first-time periodic reports to update senior management on the tax position of the AS business unit
• 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
• Process Improvement

• Identify ESSA (elimination, standardisation, simplification, and automation) opportunities, and communicate to relevant stakeholders’ inefficiencies including suboptimal processes in transactional accounting processes
• Build and sustain a network of key stakeholders to deliver process improvements
• Improve data management and report automation through close collaboration with the Group Finance Systems Manager and the Information Technology (IT) function
• Monitor legislative changes, assess the impact on the Group, and propose and implement responses as appropriate
• Ensure full compliance with all tax laws and Petrofac Group policies, standards, and procedures
• Address ad-hoc tax related queries from colleagues and support ad-hoc tax projects as required
• Mentoring and developing junior members of staff.
• Escalating issues to the AS Tax Lead when required and keeping them briefed on the teams activities.