Direct Tax Specialist
Direct Tax Specialist

Direct Tax Specialist

Edinburgh Full-Time 75000 - 98000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Prepare tax provisions and ensure accurate reporting for foreign entities.
  • Company: Join a dynamic team at ECS Recruitment Group, a leader in employment solutions.
  • Benefits: Enjoy a competitive salary, hybrid work options, and a car allowance.
  • Why this job: Be part of impactful projects and drive process improvements in tax accounting.
  • Qualifications: Degree in finance or accounting; significant income tax experience required.
  • Other info: Opportunity to collaborate globally and enhance your professional skills.

The predicted salary is between 75000 - 98000 £ per year.

Location - Bracknell

Hybrid - Go to the office as and when required

Salary - £75,000 - £98,000 per annum (Inclusive of bonus) + car allowance

Your responsibilities in the role:

  • Assist in preparation of quarterly and annual tax provision for US GAAP purposes
  • Oversee preparation and review of current tax provisions, provision to return adjustments, and deferred tax roll forwards for foreign entities
  • Actively engage across Tax and Finance teams to ensure accuracy and timeliness of company income tax reporting in its financial statements.
  • Communicate drivers of the company's effective tax rate and cash tax payments for foreign entities
  • Providing insight, training, and guidance on ASC 740 income tax accounting
  • Research, analyse, and document the ASC 740 reporting impacts related to the company's foreign entities
  • Collaborate across the tax organization to assess impacts of tax legislation on financials.
  • Support global projects related to income tax accounting and cash taxes
  • Ensure the company's tax-related internal controls are properly designed, implemented, and maintained.
  • Drive process improvements and automation implementation for income tax accounting

Skills and Experience:

  • Degree in finance, accounting, tax, or a related field
  • Significant experience in income tax accounting experience in a public accounting firm or large, multi-entity corporation
  • Proficient in use of Microsoft Applications
  • In depth ASC 740 Income tax accounting experience and knowledge base, especially as applied for foreign entities
  • Broad understanding of U.S. GAAP accounting standards
  • The ability to prioritize when working on multiple projects
  • Strong verbal/written communication skills
  • Proficient in use of OneSource Tax Provision software
  • Knowledge of OECD Pillar 2 Framework
  • Experience using SAP
  • Qualified Chartered Accountant

Direct Tax Specialist employer: ECS

As a Direct Tax Specialist at our Bracknell location, you will join a dynamic team that values collaboration and innovation in tax accounting. We offer a competitive salary package, including a car allowance, and a hybrid work model that promotes work-life balance. Our commitment to employee growth is evident through ongoing training opportunities and a supportive work culture that encourages professional development and process improvements.
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Contact Detail:

ECS Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Direct Tax Specialist

✨Tip Number 1

Familiarise yourself with ASC 740 income tax accounting, as this is a key requirement for the Direct Tax Specialist role. Consider brushing up on your knowledge of how it applies to foreign entities, as this will be crucial in your discussions with the team.

✨Tip Number 2

Network with professionals in the tax and finance sectors, especially those who have experience with U.S. GAAP standards. Engaging in conversations can provide you with insights into the role and may even lead to referrals.

✨Tip Number 3

Demonstrate your proficiency in Microsoft Applications and OneSource Tax Provision software during any informal discussions or interviews. Being able to discuss specific examples of how you've used these tools effectively can set you apart from other candidates.

✨Tip Number 4

Stay updated on the latest developments in tax legislation, particularly the OECD Pillar 2 Framework. Showing that you are proactive about understanding changes in the tax landscape can impress potential employers and highlight your commitment to the field.

We think you need these skills to ace Direct Tax Specialist

Income Tax Accounting
US GAAP Knowledge
ASC 740 Reporting
Tax Provision Preparation
Financial Statement Analysis
Communication Skills
Process Improvement
Automation Implementation
Microsoft Applications Proficiency
OneSource Tax Provision Software
Knowledge of OECD Pillar 2 Framework
Collaboration Skills
Project Management
Attention to Detail
Qualified Chartered Accountant

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in income tax accounting, especially with ASC 740 and foreign entities. Use specific examples that demonstrate your skills and achievements in previous roles.

Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also explains why you are interested in the Direct Tax Specialist role. Mention how your background aligns with the responsibilities listed in the job description.

Showcase Relevant Skills: In your application, emphasise your proficiency in Microsoft Applications and OneSource Tax Provision software. Highlight any experience with U.S. GAAP accounting standards and your understanding of the OECD Pillar 2 Framework.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a role in tax accounting.

How to prepare for a job interview at ECS

✨Know Your Tax Legislation

Make sure you brush up on the latest tax legislation, especially the OECD Pillar 2 Framework. Being able to discuss how these changes impact financials will show your depth of knowledge and relevance to the role.

✨Demonstrate Your Technical Skills

Be prepared to discuss your experience with ASC 740 income tax accounting and how you've applied it in previous roles. Highlight any specific projects where you improved processes or implemented automation.

✨Showcase Your Communication Skills

Since the role involves collaboration across teams, practice articulating complex tax concepts in a clear and concise manner. Prepare examples of how you've effectively communicated tax-related information to non-tax professionals.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving skills in real-world scenarios. Think about past experiences where you had to prioritise multiple projects or navigate challenges in tax reporting, and be ready to share those stories.

Direct Tax Specialist
ECS
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