Tax Accountant

Overview

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

Key Responsibilities

• vat return
• psa calculations
• oracle system
• ir35 compliance
• tax reporting
• balance reconciliation

Tasks

-Preparation of VAT return (on job training will be provided if no practical VAT experience) -Support Tax Team with ensuring AS comply with global transfer pricing policies and supply requested information -Preparation of PSA calculations and ensure returns compliant and minimising costs to the business -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 -Approve relocation expenditure in accordance with HMRC guidance and collate for inclusion in P11D/PSA submissions -Act as central point of review and control for any systems changes impacting tax -Advise the business on the correct treatment of VAT for both sales and purchases -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 -Build relationships with operations, Commercial and HR to ensure they seek tax advice where required -Preparation of monthly balance sheet reconciliations -Continuous review of processes to identify opportunities for improvements -Ensure compliance with IR35 guidelines, reviewing assessments completed by contractors -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 -Support compliance with Facilitation of Tax Evasion legislation, working with the business to operate practical controls -Ensure VAT Control schedules are completed for all material contracts -Ensure SAO compliance including audits and preparation of documentation -Adhere to Group Tax strategy and policy -Preparation of AS UK companies tax returns on AlphaTax, ensuring consistent high quality delivery of corporation tax computations -Keep the business up to date with developments in tax legislation and government initiatives -Preparation of divisional tax reporting on TRCS and accounting and statutory accounts tax disclosures

Requirements

• excel
• vat
• icas
• acca
• tax
• financial reporting

What You Bring

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

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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.

Sector Specialisms