Senior Consultant - Emeia Indirect Tax Compliance jobs at Ey in Hungary, Budapest

As a new member of our team, you will support clients on challenging and diverse projects such as financial risk measurement and management, improvement of financial risk processes, risk modelling and validation, or provision valuations. We also help our clients to monitor and to implement new approaches required by the latest insurance regulations, for example Solvency II, IFRS17, local GAAP or ESG.

What we look for

We’re interested in flexible professionals with excellent problem-solving skills and the ability to prioritise shifting workloads in a rapidly changing industry. You’ll also need the confidence to give professional advice and guidance to colleagues and clients from a diverse range of cultures, often with limited information – both verbally and in writing. If you’re a fast learner, with strong influencing skills and a genuine passion this role is for you.

Your Key Responsibilities

• Contribute to actuarial advisory and audit assignments in Hungary and other CEE countries
• Audit support on Local GAAP and IFRS audit, both life and non-life segments
• Solvency II regulation support and review
• Actuarial and insurance advisory
• Mergers & Acquisitions, actuarial modelling, employee benefit valuations
• Actively contribute to a wide range of client projects
• Manage small teams of junior actuarial and trainees as part of a larger project, including performance management
• Mentoring less experienced colleagues

Skills and attributes for success

• Good writing and documentation skills, good organizational skills
• Strong communication skills and client-oriented approach
• Ability to work in a team effectively
• Open-mindedness
• Self-motivation, proactiveness
• Analytical mindset

To qualify for the role you must have

• MSc in Actuarial sciences or relevant mathematical/financial studies
• At least 4 years of actuarial experience in the insurance/finance industry or advisory/audit
• Outstanding knowledge of Microsoft Excel
• Experience in using actuarial and/or statistical software
• Knowledge in IFRS standards and/or Solvency II
• Knowledge of a programming language and/or algorithmic thinking is an advantage
• Fluent Hungarian and English knowledge is a must

What’s in it for you

• EY is committed to being an inclusive employer and we are happy to consider flexible working arrangements
• Dynamic and vibrant work atmosphere with frequent team-building activities and social gatherings
• Competitive salary and a personally tailored benefits package (fridge benefit, private health insurance, etc.)
• Opportunity to cooperate with other consulting teams during different projects
• Exposure to a wide range of clients ensuring a varied workload
• Support, coaching and feedback from some of the most engaging colleagues around
• Continuous learning: It is important to EY to support your improvement so you’ll have the opportunity to choose your own learning path
• Diverse risk management advisory work within professional team that provides a unique opportunity for fast personal development and growth

Responsibilities:

• Day-to-day full bookkeeping for our clients
• Participation in preparing tax returns
• Participating in year-end closing, preparing the relevant documentation
• Participation in preparing statutory financial statements
• Participation in converting IFRS and/or US GAAP data to statutory
• Prepare group reporting packages in the format required by clients
• Provide assistance to the auditors of the prepared financial statements
• Perform all tasks upon your direct superiors request
• Maintain relationship with foreign clients
• Maintain a client-oriented mindset at all times
• Establish strong relationships with your team members
• Use technology to share knowledge with team members and enhance service delivery
• Coordinating junior colleagues

Requirements

• University/college degree in finance/accounting or a chartered accountant degree
• More than 3 year of relevant work experience in full financial accounting and preparing financial statements
• Business English and Hungarianwritten and spoken
• Good knowledge of Office products (Ms Excel, Word, Powerpoint, etc.)
• Positive attitude, willingness to work in a dynamic multinational environment
• Attention to details with a commitment to high quality and accuracy
• Ability to communicate effectively and efficient at all levels
• Client-oriented mindset

What we offer you

• You’ll be part of the world’s leading professional services network
• Supportive and collaborative working environment
• Exposure to a wide range of clients ensuring a varied workload
• Exceptional training and developmental opportunities
• Competitive salary and a personally tailored benefits package
  

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

Responsibilities:

• Day-to-day full bookkeeping for our clients
• Participation in preparing tax returns
• Participating in year-end closing, preparing the relevant documentation
• Participation in preparing statutory financial statements
• Participation in converting IFRS and/or US GAAP data to statutory
• Prepare group reporting packages in the format required by clients
• Provide assistance to the auditors of the prepared financial statements
• Perform all tasks upon your direct superiors request
• Maintain relationship with foreign clients
• Maintain a client-oriented mindset at all times
• Establish strong relationships with your team members
• Use technology to share knowledge with team members and enhance service delivery

Requirements

• University/college degree in finance/accounting or a chartered accountant degree
• More than 1 year of relevant work experience in full financial accounting and preparing financial statements
• Business English and Hungarianwritten and spoken
• Good knowledge of Office products (Ms Excel, Word, Powerpoint, etc.)
• Positive attitude, willingness to work in a dynamic multinational environment
• Attention to details with a commitment to high quality and accuracy
• Ability to communicate effectively and efficient at all levels
• Client-oriented mindset

What we offer you

• You’ll be part of the world’s leading professional services network
• Supportive and collaborative working environment
• Exposure to a wide range of clients ensuring a varied workload
• Exceptional training and developmental opportunities
• Competitive salary and a personally tailored benefits package
  

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

Your key responsibilities

Your responsibilities include:

• Analyzing the AS-IS situation: Gain a clear understanding of the current business processes and identify gaps in alignment with the target architecture and business objectives
• Eliciting requirements: Conduct workshops with stakeholders to gather, analyze, and validate functional and non-functional requirements, ensuring solutions meet business objectives and user needs
• Design support: Assist in defining functional specifications and designing TO-BE processes using tools like BPMN or UML to document workflows and functional models
• Facilitating collaboration: Act as a bridge between business and IT teams to align on requirements and ensure shared understanding
• Testing and validation: Support testing phases by preparing use cases, test scenarios, and validating that delivered solutions align with business requirements
• Change management support: Assist with user training and adoption strategies to ensure smooth deployment of new solutions
• Continuous learning: Stay up to date on industry trends, business transformation practices, and functional analysis methodologies

Skills and attributes for success

• Educational background: Hold a Master's degree in a relevant field (business or civil engineering, computer science, economics, information system management, etc.)
• Professional experience: Demonstrate 1 to 6 years of professional experience in consulting and/or the financial services sector, showcasing a track record as a business analyst, functional analyst, or related roles
• Key expertise:
  • Experience in analyzing business processes, gathering and documenting requirements, and working with functional teams
  • Understanding of project lifecycles, including working in Agile teams
  • Knowledge of business process modeling tools (e.g., BPMN, UML) and agile tools (e.g., Jira, Confluence)
• Other skills:
  • Strong analytical skills, conceptual thinking, and a pragmatic approach to problem-solving
  • Outstanding stakeholder management and ability to build relationships through clear communication
  • Certifications such as Agile (Scrum, Product Owner), or business analysis certifications (CBAP, PMI-PBA) are a plus
• Language proficiency: Fluent in either or both Dutch and French, complemented with a strong command of business English
  

What we offer you
We offer a competitive remuneration package where you’ll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions.
Also,

• You will be part of a leading global professional services firm
• You will be part of the EY family where everyone is willing to offer support and senior management is very accessible
• You will join a dynamic and growing team with a great mix of young and experienced professionals focusing on financial services
• You will get extensive trainings on technical matters, as well as soft skills and project management, and you will have access to new technologies and innovative equipment
• We are proud of our flexible working arrangements, and we will support you to build a successful career and deliver excellent client service, without sacrificing your personal priorities
• While our client-facing profession might require part-time working at client site and business traveling at times, we are committed to helping you achieve a lifestyle balance

Our indirect tax compliance professionals support large multinational clients with their indirect tax obligations in EMEIA and globally. Dealing with the indirect tax compliance requirements is the heart of the operations but this goes hand in hand with VAT advisory and technology support which we provide or coordinate with our specialist teams. We apply a client centric approach meaning that our professionals are organized per client, and not per country or region, to maximize the knowledge of our client’s business.

Skills and attributes for success

• Innovative & problem resolution focus with strong communication skills, both written and verbal

• Team player with project management capabilities

• Highly motivated with the ability to work both independently and in a team

• A desire to learn and develop into the role

• Ability to plan and prioritize work

• GL accounting experience is more than welcome

Your key responsibilities

As a Senior consultant, you will be working with a selection of clients where you are the assistant VAT controller for the VAT/GST compliance outsourced to EY, including:

• Act as central point of contact – liaise with your international clients and colleagues with respect to European VAT and VAT compliance

• Monitoring the quality of the indirect tax data and reports of your clients

• Review and approve indirect tax returns

• Follow up on legislative changes and business changes in order to ensure that the systems and/or processes are updated

• Identify issues and opportunities to continuously improve the VAT compliance processes

• Coordinate Indirect Tax compliance advisory, technology, controversy and audit support

• Coordinate with other VAT controllers and report to the client’s Process Owner at EY (Senior Manager or above)

• Supervise and coach junior team members

• Actively participate to the training and coaching session in your development plan to ensure continuous development of your technical knowledge

• Preparation and review of GL/BS reconciliation

• Potential short to medium term secondments to client sites based in your home country.

To qualify for the role, you must have

• A Bachelor/master’s degree in economics or equivalent, potentially with a supplementary degree in fiscal matters.

• Minimum 3 years of relevant professional experience in in Indirect Tax compliance, VAT Reporting or Accountancy, including reconciliations, or Indirect Tax advisory, either in industry or with other service providers.

• Basic understanding of other compliance activities such as statutory accounting and corporate tax compliance.

• Basic understanding of ERP systems and VAT/GST reporting solutions

• Fluent in English – written and spoken, additionally, candidates with Dutch, French or German languages skills is an asset

• Excellent communication across cultures and within a virtual working environment

• GL accounting experience is a plus

What We Offer

We strive to achieve the right balance for our people, enabling to deliver excellent results while allowing everyone to build your career without sacrificing personal priorities, providing:

• A competitive salary and benefits package, including private health insurance.
• Opportunities for professional development and career growth, by access to training and development programs, coaching and mentoring as well as on-the job opportunities.
• A supportive and collaborative work environment with multicultural teams.
• Flexible working hours and hybrid work with 2 days in the office per week.
• Employee wellness programs and initiatives and the opportunity to obtain the All You Can Move sport pass.
• Possibility to volunteer for meaningful initiatives to positively impact lives in the community.

Global Compliance & Reporting (GCR) – Direct Tax Compliance and Reporting CoE

Join our fast-growing Direct Tax Compliance and Reporting CoE as a Senior. You’ll support multi-country client engagements in tax accounting and direct tax, assisting with Group Tax Accounting/Reporting services under US GAAP and IFRS. In this role, you’ll contribute to process improvement and help deliver efficient, high-quality outcomes for our clients.

1. Tax Accounting & Reporting

• Assist in the preparation and review of interim, quarterly, and year-end global tax provisions under IFRS and US GAAP
• Support tax reporting deliverables received from controllers and tax managers across the Group
• Contribute to US GAAP and IFRS disclosure preparation, including reconciliation of GAAP differences
• Prepare and maintain tax provision memoranda and supporting documentation
• Ensure compliance with internal controls, including SOX documentation and audit processes

2. Process Improvement & Compliance

• Identify and support implementation of process improvements in tax provision and compliance functions
• Prepare tax account reconciliations and related schedules
• Helping drive efficiencies on client’s or EY’s processes, designing and implementing simple solutions to complex processes, leveraging benefits of standardization, centralization and technology
• Contribute to continuous improvement in tax reporting processes through design, control, and operational enhancements

3. Collaboration & Development

• Assist in mentoring and developing junior staff on ASC 740, IAS 12, and other key tax concepts
• Collaborate with internal tax, accounting, and finance teams, as well as external service providers

Skills and attributes for success

• Broad and deep corporate tax compliance experience
• Understanding of ASC 740 and IAS 12 frameworks
• Corporate income tax experience (any country or countries)
• Strong communication skills and experience working with multi-country teams
• Ability to distil complex concepts into clear, actionable insights
• Organized and able to deliver tax accounting in a short timeframe
• Experience supporting and developing junior staff
• Problem solving capabilities and process improvement mindset
• Ability to manage time to deliver quality output

Qualifications and experience

• Degree qualified
• 3+ years of experience in corporate tax and withholding tax
• Experience working in direct tax accounting, in professional services or industry (combination preferred, not essential)
• Understanding of the tax reporting process, balance sheet reconciliation process, and basic understanding of direct tax compliance review
• Good understanding of deferred tax concepts
• Good experience in tax accounting packages and strong Excel skills
• Agile to the changing client environment and able to provide quality deliverables under tight timelines
• Experience providing tax services to a portfolio of clients
• Proactive and able to identify opportunities for business development
• Team player with the ability to add value to the current team

Additional skills and attributes for success

• Ability to plan and prioritize work, meet deadlines, monitor own workload
• Experience working with teams across multiple jurisdictions
• Experience in process and technology design is beneficial but not mandatory
• Tax transformation/compliance process improvement experience is a plus
• Experience of rollout and/or implementation of tax technology is a plus
• Accounting qualification and/or Tax qualification (ACA/CA/ACCA/CTA) is a plus

What we offe

• A competitive salary and benefits package, including private health insurance.
• Opportunities for professional development and career growth, by access to training and development programs, coaching and mentoring as well as on-the job opportunities.
• A supportive and collaborative work environment with multicultural teams.
• Flexible working hours and hybrid work with 2 days in the office per week.
• Employee wellness programs and initiatives and the opportunity to obtain the All You Can Move sport pass.
• Possibility to volunteer for meaningful initiatives to positively impact lives in the community.

Your key responsibilities

As our senior, you will be an important part of our diversely talented, experienced valuation and financial accounting advisory services (FAAS) team, and you will gain experience from working on a wide variety of assignments. You will be responsible for participating and assisting in the following key tasks:

• Preparing in valuation and financial analyses by applying valuation theories and approaches in relation to various assets (businesses, real estate properties, derivatives) across many industries.
• Critical assessment of business assumptions underlying the valuation models.
• Review and comment on clients’ valuation models as to the logical integrity and arithmetical accuracy.
• Preparing internal and external narrative memorandum/reports.
• Coordinate and review the work of junior consultants.
• Involve in financial accounting advisory services.

Skills and attributes for success

• Excellent analytical, project management, communication, interpersonal, and teaming skills
• Outstanding organizational skills, flexibility and ability to work under tight deadlines

What we look for

• College / University degree in the field of Finance, Accounting / Financial Mathematics
• 2-4 years of valuation and business modelling experience.
• Strong interest in and deep understanding valuation and financial accounting.
• Financial modeling skills, including experience building models from scratch in MS Excel.
• Excellent knowledge of spoken and written English and Hungarian.

Ideally, you’ll also have

• IFRS knowledge/interest
• Real estate valuation related knowledge

What we offer

• Working with our highly skilled, experienced Valuation/IFRS/Accounting experts
• At EY, we’ll develop you with future-focused skills and equip you with world-class experiences. We’ll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams.

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.