A quality assurance provider is seeking a year-end senior group reporting manager to help with year-end reporting. Starting at the beginning of December, this role will focus on tax planning, local and Group level tax calculations, and tax consolidation. Joining the team at year-end, this role will suit someone who wants to harness their expertise to alleviate pressure during a busy period.
Job Responsibilities
Planning
* Group tax reporting manager will need to liaise with group auditors (PwC), group finance, regional tax teams, FP&A and others to confirm timetable and plan for reporting
* Ensure timetable / instructions are circulated to finance and tax teams
* With assistance from tax analyst and tax associate, roll forward template Cognos (Intertek's consolidation finance software) files and excels used in reporting process
Tax calculations for each country
* Tax calculations ('Cognos tax forms') for all countries (except UK) are completed by country and / or regional finance teams, which are then reviewed by regional tax teams
* UK tax calculations are completed by group tax reporting manager with assistance from tax associate - includes defined benefit pensions, share options, RDEC
* Regional tax teams prepare commentaries explaining tax calculations for material countries
* The group tax reporting manager and tax director ('group tax') will review these commentaries at a high level, and ask regional tax teams to confirm more information if needed
Uncertain tax positions (UTPs)
* Tax analyst will collect latest UTPs information for all countries from regional tax teams and consolidate this
* Group tax will review consolidated file, and ask regional tax teams to confirm more information if needed
Group level tax calculations
* Group tax calculate tax on group level adjustments, which consists of pieces below:
* Calculate tax on group level bookings made by group finance, e.g. group level provisions
* IFRS16 bookings are made at group level, so tax on this needs to be calculated at group level
* Calculate deferred tax on group level goodwill and other intangibles
Tax consolidation / bookings / disclosures
* Group tax pull all country level and group level tax calculated in to tax consolidation calculation. Much of this is automated through Cognos, e.g. pulling in amounts calculated in Cognos tax forms
* Liaise with group finance to ensure tax calculated is correctly booked in to Cognos
* Pull tax calculated in to format required in tax note disclosure in annual report. Much of this is automated as Cognos tax forms set up to book amounts in to Cognos in more format needed for disclosures
Other
* Liaising with PwC, answering their queries and preparing technical memos for them on key / queried topics
* Group effective tax rate (ETR) forecast for next 4 or 5 years
* Cash tax forecast for following year
* Audit committee slides preparation
* Prepare model answers for tax Q&As
