Tax Compliance Specialist for Energy Industry

3 days ago


Aberdeen, Aberdeen City, United Kingdom Petrofac Full time
Job Summary

We are seeking a Tax Compliance Specialist to join our Group Tax team, reporting into the Risk and Reporting Tax Manager, with a dotted line into the Expatriate and Employment Tax Manager. The role involves assisting with internal and external tax reporting processes, managing ETR and cash tax positions, and ensuring compliance with UK and overseas VAT regulations.

Key Responsibilities
  • Assist in collating and reviewing tax returns, including overseeing Finance teams within Divisions and liaising with external auditors.
  • Analyse and consolidate tax positions, analysing effective tax rates for bi-annual external and quarterly internal management reporting.
  • Monitor legislative developments and drive adaptation of systems and processes to address new requirements.
  • Review VAT returns prior to filing with relevant tax authorities and provide VAT technical advice to Business Units.
  • Review corporate tax returns and statutory accounts disclosures, where appropriate, and assist with Senior Accounting Officer process.
  • Liaise with HMRC on specific enquiries for relevant statutory entities and support Employment and Expatriate tax manager with review of PAYE settlement agreement and P11D forms.
Requirements
  • At least 1 year post-qualification experience, preferably in oil and gas or oilfield services tax.
  • Self-motivated individual capable of initiating and leading projects to completion, collaborating with team members to deliver results.
  • Proficiency in conducting tax analysis and preparing tax workings across various UK tax technical areas, demonstrating ability to meet deadlines and drive process improvements.
  • Strong written communication skills capable of simplifying complex tax concepts for clear understanding.
  • Strong tax reporting and accounting experience, including working knowledge of financial accounting systems (preferably Oracle TRCS).
  • Practical experience and good understanding of UK and international tax legislation.
Salary

The estimated salary for this position is approximately £55,000 - £65,000 per annum, depending on qualifications and experience.



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