Tax Accountant

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.

Are you ready to bring the right energy to Petrofac and help us deliver a better future for everyone?

JOB TITLE: Tax Accountant

KEY RESPONSIBILITIES:

Reporting

• Preparation of AS UK companies tax returns on AlphaTax, ensuring consistent high quality delivery of corporation tax computations
• Preparation of divisional tax reporting on TRCS and accounting and statutory accounts tax disclosures
• Preparation of VAT return (on job training will be provided if no practical VAT experience)
• Preparation of monthly balance sheet reconciliations
• Overview of compliance in non UK jurisdictions (assurance)
• Adhere to Group Tax strategy and policy
• Ensure SAO compliance including audits and preparation of documentation
• Preparation of PSA calculations and ensure returns compliant and minimising costs to the business

• ·Approve relocation expenditure in accordance with HMRC guidance and collate for inclusion in P11D/PSA submissions

   

   

  Advisory

• Support Tax Team with ensuring AS comply with global transfer pricing policies and supply requested information
• Research and Development – work with Senior Tax Accountant to optimise AS’s R&D position, assisting with the collation of information from operations and finance
• Advise the business on the correct treatment of VAT for both sales and purchases
• Ensure VAT Control schedules are completed for all material contracts
• Assist with employment tax queries from the business, liaising with Group Tax based in London to provide advice to AS entities ensuring the accuracy and completeness of all taxes
• Keep the business up to date with developments in tax legislation and government initiatives

Business Support

• Act as central point of review and control for any systems changes impacting tax
• Continuous review of processes to identify opportunities for improvements
• Build relationships with operations, Commercial and HR to ensure they seek tax advice where required
• Support compliance with Facilitation of Tax Evasion legislation, working with the business to operate practical controls
• Ensure compliance with IR35 guidelines, reviewing assessments completed by contractors

The above is an outline of key duties and accountabilities, rather than an exclusive or exhaustive list of responsibilities.  The postholder is expected to undertake any tasks which may reasonably be expected within the scope of the position.

ESSENTIAL QUALIFICATIONS AND SKILLS:

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

• Good general UK tax knowledge

• Good working knowledge of VAT

• Strong organisational capabilities

• Good judgement and decision making skills

• Strong communication skills and a strong team player

• Ability to work under pressure

• Excellent analytical skills and the ability to meet deadlines through planning, organisation and persistence

• Responsible for the design and implementation of new processes to ensure effective and consistent controls are in place, using Oracle as a platform to improve our tax information systems

• High level of computer literacy particularly with Excel

• At least 1 year post-qualifying experience within the profession or industry (UK and international)

• Preference for oil services corporate experience

• Financial reporting accounting experience

• Experience in preparing UK VAT returns and computations