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Direct Tax Senior Analyst
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Accounting
💰 Salary Not shared
📊 Market 700,000 GBP–1,000,000 GBP/mo (8,400,000 GBP–12,000,000 GBP/yr)
About the Company
Diageo is the world's leading premium drinks company with an outstanding collection of brands, such as Johnnie Walker, Smirnoff, Baileys, Captain Morgan, Tanqueray and Guinness. With over 200 brands in 180 countries and a global network of ambitious individuals, our teams blend a diverse range of experience, knowledge and skills. We connect customers and consumers to our iconic products and build innovative experiences that bring people together to celebrate life.
About the Role
The purpose of this role is to ensure that the UK and ROI markets' direct tax processes are undertaken accurately, efficiently and on time and the surrounding internal control procedures, legislative requirements are rigorously adhered to. The role will implement and ensure ongoing operation of the Global Direct Tax, controls and automation tools under the new Tax Operating model. Scope of role covers preparing, reviewing CIT, WHT and connected returns.
Responsibilities
- ● Preparing, or supporting the preparation of, and in some cases reviewing, CIT returns and connected supplementary returns in accordance with global standard process and controls, utilising automation tools where applicable.
- ● Supporting the annual transfer pricing processes, ensuring Diageo's transfer pricing principles are reflected in the CIT returns.
- ● Providing information for routine CIT, WHT and other direct tax related audit enquiries and projects for your markets under the supervisory of the Direct Tax Lead.
- ● Calculating WHT, preparing returns, and gathering data.
- ● Ensuring compliance with market specific regulatory requirements and legislative changes working closely with Direct Tax Lead, Tax Business Partner and Outsourced service provider.
- ● Preparing, and in some cases reviewing, balance sheet reconciliations and ensuring these are done on time and in an internal and external control compliant way.
- ● Actively leading and coordinating tax document retention for your markets.
- ● Working with the Global Outsource Provider on Tax reporting processes including Classification and input of permanent and temporary differences into Tax Provision Tool for P10 reporting.
- ● Calculating prior year adjustments.
- ● Reviewing and reconciling tax payments in OTP Tax Provision calculation roll forward.
- ● Supplying to continuous process improvement through establishing a LEAN approach to drive efficiency.
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