Tax Accountant

Overview

Prepare UK corporate tax, VAT returns, compliance and advisory for Petrofac.

Key Responsibilities

• tax reporting
• vat returns
• ir35 review
• oracle systems
• process design
• r&d optimisation

Tasks

-Support compliance with Facilitation of Tax Evasion legislation, working with the business to operate practical controls -Preparation of divisional tax reporting on TRCS and accounting and statutory accounts tax disclosures -Ensure compliance with IR35 guidelines, reviewing assessments completed by contractors -Ensure VAT Control schedules are completed for all material contracts -Approve relocation expenditure in accordance with HMRC guidance and collate for inclusion in P11D/PSA submissions -Research and Development – work with Senior Tax Accountant to optimise AS’s R&D position, assisting with the collation of information from operations and finance -Ensure SAO compliance including audits and preparation of documentation -Preparation of PSA calculations and ensure returns compliant and minimising costs to the business -Responsible for the design and implementation of new processes to ensure effective and consistent controls are in place, using Oracle as a platform to improve our tax information systems -Preparation of AS UK companies tax returns on AlphaTax, ensuring consistent high quality delivery of corporation tax computations -Preparation of monthly balance sheet reconciliations -Advise the business on the correct treatment of VAT for both sales and purchases -Assist with employment tax queries from the business, liaising with Group Tax based in London to provide advice to AS entities ensuring the accuracy and completeness of all taxes -Act as central point of review and control for any systems changes impacting tax -Build relationships with operations, Commercial and HR to ensure they seek tax advice where required -Continuous review of processes to identify opportunities for improvements -Keep the business up to date with developments in tax legislation and government initiatives -Support Tax Team with ensuring AS comply with global transfer pricing policies and supply requested information -Adhere to Group Tax strategy and policy -Preparation of VAT return (on job training will be provided if no practical VAT experience)

Requirements

• icas/acca
• excel
• financial reporting
• uk tax
• vat
• oil services

What You Bring

-Good judgement and decision making skills -At least 1 year post-qualifying experience within the profession or industry (UK and international) -Professional qualification in accounting or tax, ICAS/ACCA/CTA/ATT -Strong communication skills and a strong team player -Ability to work under pressure -Preference for oil services corporate experience -Excellent analytical skills and the ability to meet deadlines through planning, organisation and persistence -High level of computer literacy particularly with Excel -Strong organisational capabilities -Financial reporting accounting experience -Good general UK tax knowledge -Good working knowledge of VAT -Experience in preparing UK VAT returns and computations

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About Petrofac

-Provides services to the oil, gas, and energy industries, focusing on engineering and construction. -Operates globally, working with major energy players on projects ranging from design to operations. -Services span engineering, procurement, construction, and maintenance across onshore and offshore facilities. -Has delivered a wide range of projects, including refineries, gas processing plants, and offshore platforms. -Recognized for expertise in complex, large-scale projects, with a particular focus on the energy sector. -Known for building long-term relationships with clients, contributing to the sustainable development of energy infrastructure. -Innovative solutions and technology-driven approach set it apart in the competitive global market.

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