Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world's leading energy companies.
We design, build, manage, and maintain infrastructure for our clients. We recruit, reward, and develop our people based on merit, regardless of race, nationality, religion, gender, age, sexual orientation, marital status, or disability. We value our people and treat everyone who works for or with Petrofac fairly and without discrimination.
The world is re-thinking its energy supply and energy security needs and planning for a phased transition to alternative energy sources. We are here to help our clients meet these evolving energy needs.
This is an exciting time to join us on this journey.
Are you ready to bring the right energy to Petrofac and help us deliver a better future for everyone?
JOB TITLE:
Tax Accountant
KEY DUTIES & ACCOUNTABILITIES:
Tax Compliance
Prepare and file corporate tax returns accurately and on time, and arrange for tax payments to be made
Prepare and file other periodic direct and indirect tax returns, e.g. VAT/GST, WHT, etc. and ensure that all payments are made accurately and on time
Review and ensure that all positions taken in filed tax returns are adequately supported and documented so that all tax submissions are "audit ready"
Assist with the preparation of local transfer pricing documentation and reports
Support the tax assessment / audit process and other tax controversy matters, e.g. prepare analyses and reports, compile documentation, etc.
Analyse and understand tax risks, ensure these are clearly communicated to management, and recommend and implement mitigations
Assist with the preparation of local transfer pricing documentation and reports
Identify and implement solutions to improve the effectiveness and efficiency of tax compliance and reporting processes
Understand and keep up to date with all tax laws and regulations in so far as they impact the Tax Accountant's portfolio
Ensure full compliance with all tax laws and Petrofac Group policies, standards, and procedures, and ensure that any deviations are corrected promptly and adverse consequences to the organisation are mitigated
Address ad-hoc tax related queries from colleagues and support ad-hoc tax projects as required
Ensure that accounting entries in relation to tax are properly made
Actively manage external tax advisers, their fees and performance, supporting the delivery of the tax fees budget of the business unit
Financial Controls
Operate a continuously effective financial controls framework to ensure the integrity of the books of account of the AS business unit
Monitor the financial statements risks associated with tax and respond by ensuring the appropriate financial controls are designed, implemented, and operated effectively to provide reasonable assurance on the integrity of the financial statements
Assess opportunities to optimise the financial controls framework
Tax Reporting
Deliver timely, accurate, meaningful and "right first time" support for periodic tax reporting for the AS business unit, e.g. cash tax forecasting, tax compliance tracker, etc.
Process Improvement
+ Identify ESSA (elimination, standardisation, simplification and automation) opportunities, and communicate to relevant stakeholders' inefficiencies including suboptimal processes in transactional accounting processes
+ Build and sustain a network of key stakeholders to deliver process improvements
Improve data management and report automation through close collaboration with the finance systems team and the Information Technology (IT) function
PERSON SPECIFICATION:
Degree-level education in Accounting, Finance, or related discipline.
Chartered Accountant (CA) or CA Intermediate qualification
Skills and competencies required:
Strong technical knowledge of Direct and Indirect Taxation, including Corporate Income Tax (CIT), GST, and TDS.
Hands-on experience in Oracle systems, including TRCS modules.
Advanced proficiency in Microsoft Excel, report writing and analytical skills.
Ability to work collaboratively across departments and build effective working relationships.
Capable of critically analyzing existing processes, identifying improvement areas, and implementing change efficiently.
Excellent verbal and written communication skills in English
Experience:
Minimum 2 years' experience in
taxation
with a
listed multinational company
Big 4 Accounting Firm trained
, relevant work experience in an EPC contractor or other oilfield services preferred
Oracle ERP
Good working knowledge of, and experience of
application of IFRS
Attributes:
Ability to work effectively as part of a global virtual team
Deadline focused, thrives in a high-pressure environment
Resilient, ability to self-manage and work autonomously
Diligent and dependable, works with a high degree of attention to detail
Strong interpersonal skills
* Willingness to do all requested ad-hoc work
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