November 8, 2024

Petrofac

Aberdeen

Senior Tax Advisor

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; 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.

We support flexible working requests and have adopted a hybrid approach for most of our office-based roles. We ask employees to be present in the office at least three days per week.

Are you ready to bring the right energy to Petrofac and help us deliver a better future for everyone?

JOB TITLE: SENIOR TAX ADVISOR
KEY RESPONSIBILITIES:

Assisting with both internal and external Group tax reporting processes, managing the ETR and cash tax position.
Responsible for managing the Country by Country Reporting and Pillar 2 reporting processes.
Involvement with UK and overseas VAT compliance, and corporation tax compliance in the UK, Jersey and Netherlands.
Responsible for the CCO monitoring and review process.
Involvement in other ad hoc tax risk management projects such as tax strategy, tax governance and Senior Accounting Officer responsibilities.
Involvement in ad hoc tax advisory projects.
The role is within Petrofac’s Group Tax team, reporting into the Risk and Reporting Tax Manager, with a dotted line into the Expatriate and Employment Tax Manager. The responsibilities are as follows:
Collating, helping to review and assisting in delivering the Group’s tax reporting, including overseeing, challenging and guiding Finance teams within the Divisions, and liaising with external auditors.
Analysing and consolidating tax positions, analysing the effective tax rate for bi-annual external and quarterly internal management reporting.
Responsible for coordinating the Country-by-Country Reporting and BEPS Pillar 2 obligations, including:
Supporting the divisions with the Pillar 2 reporting obligations,
Monitoring legislative developments, drive the adaptation of systems and processes to address new requirements
Review the draft Pillar 2 return prior to submission
Responsible for ensuring timely filings of CBCR notifications
Review the UK and overseas VAT returns prior to filing with the relevant tax authorities.
Provide VAT technical advice to the Business Units (UK and overseas)
Reviewing UK and overseas corporate tax returns and statutory accounts disclosures, where appropriate.
Assisting with the Senior Accounting Officer process and working with the Business Unit to deliver a timely submission.
Responsible for the preparation of the tax compliance in Jersey and The Netherlands.
Liaising with HMRC on specific enquiries for relevant statutory entities, including involvement in Business Risk Review meetings.
Support the Employment and Expatriate tax manager with the following:
Review the PAYE settlement agreement and P11D forms prior to submission
Support the business units on income tax and social security costings for bids in existing Petrofac locations and new countries.
Monitoring short-term business visitor reporting across global regions where Petrofac operates
Supporting technical analysis and computations in relation to specific functional areas, including R&D, Corporate interest restriction, Substantial Shareholding Exemption, Controlled Foreign Companies, Transfer pricing and other legislation involving numerical analysis/modelling.
Providing ad hoc advisory to the business on various tax matters as required
Involvement in tax structuring projects, as guided by the Tax Director
Involvement with internal audits, as required

ESSENTIAL QUALIFICATIONS AND SKILLS:

ATT/CTA/ACA/ICAS qualified
Possessing at least of post-qualification experience, with a preference for individuals with relevant experience in oil and gas or oilfield services tax.
A self-motivated individual who can proactively initiate and lead projects to completion, collaborating with team members to deliver results.
Proficiency in conducting tax analysis and preparing tax workings across various UK tax technical areas, demonstrating the ability to meet deadlines and drive process improvements.
Effective communication skills to interact with personnel at all levels of the organisation, spanning across the Divisions and up to CFO level.
Strong written communication skills capable of simplifying complex tax concepts for clear understanding.
Demonstrates the Petrofac Values.
Willingness to work flexibly and respond to changing priorities.
Strong tax reporting and tax accounting experience, including working knowledge of financial accounting systems (preferably Oracle TRCS).
Practical experience and good understanding of UK and international tax legislation.
Strong communication skills are essential due to frequent interactions with colleagues globally
Preferred but not essential, VAT and employment/expatriate tax experience