Direct Tax Specialist
Direct Tax Specialist

Direct Tax Specialist

Newcastle upon Tyne Full-Time 60000 - 84000 £ / 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 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 60000 - 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.

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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 U.S. GAAP standards and how they apply to foreign entities, as this will help you stand out during discussions.

✨Tip Number 2

Network with professionals in the tax and finance sectors, especially those who have experience with large, multi-entity corporations. Engaging in conversations about current tax legislation and its impacts can provide valuable insights and demonstrate your proactive approach.

✨Tip Number 3

Showcase your proficiency in OneSource Tax Provision software and SAP during interviews. If you have any relevant certifications or training, be sure to mention them, as this will highlight your technical skills and readiness for the role.

✨Tip Number 4

Prepare to discuss your experience with process improvements and automation in income tax accounting. Think of specific examples where you've successfully implemented changes, as this will demonstrate your ability to drive efficiency within the team.

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
Project Management
Process Improvement
Automation Implementation
Microsoft Applications Proficiency
OneSource Tax Provision Software
Knowledge of OECD Pillar 2 Framework
Collaboration Skills
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.

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.

Direct Tax Specialist
ECS
Location: Newcastle upon Tyne
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  • Direct Tax Specialist

    Newcastle upon Tyne
    Full-Time
    60000 - 84000 £ / year (est.)
  • E

    ECS

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