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 global projects and drive process improvements in tax accounting.
- Qualifications: Degree in finance or accounting; significant income tax experience required.
- Other info: Opportunity to work with cutting-edge tax software and legislation.
The predicted salary is between 63000 - 84000 £ 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
ECS Recruitment Group Ltd is acting as an Employment Agency in relation to this vacancy.
Direct Tax Specialist employer: ECS
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 during the interview.
✨Tip Number 2
Network with professionals in the tax and finance sectors, especially those who have experience with U.S. GAAP and international tax provisions. Engaging with industry peers can provide valuable insights and may even lead to referrals.
✨Tip Number 3
Prepare to discuss your experience with process improvements and automation in tax accounting. Be ready to share specific examples of how you've driven efficiency in previous roles, as this aligns well with the responsibilities outlined in the job description.
✨Tip Number 4
Demonstrate your proficiency with OneSource Tax Provision software and SAP during the interview. If you have any certifications or training related to these tools, make sure to highlight them, as they are essential for the role.
We think you need these skills to ace Direct Tax Specialist
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.
Highlight Relevant Skills: In your application, emphasise your proficiency in Microsoft Applications and OneSource Tax Provision software. Also, mention your understanding of U.S. GAAP and any experience with 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 related to ASC 740 and the OECD Pillar 2 Framework. Being able to discuss recent changes and their implications will show your expertise and readiness for the role.
✨Demonstrate Your Technical Skills
Be prepared to discuss your experience with OneSource Tax Provision software and SAP. Highlight specific projects where you used these tools to improve processes or accuracy in tax reporting.
✨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 navigate challenges in tax accounting or compliance, and be ready to explain your thought process and outcomes.