EY Senior Direct Tax Specialist 

Hungary, Budapest 

581275258

Senior – Direct Tax Compliance and Reporting

This role will help you understand the global engagement metrics where you can contribute to the continuous process improvement plans and interact with global client contacts.The opportunity is for a Senior who has prior technical knowledge of:

• Central review of Direct Tax Global View Pack and presenting Global Data Analytics where we will be sharing insights from their direct tax data across countries, major legislative changes which need to be planned for and tax opportunities which could deliver value.

• US GAAP and/or IFRS tax reporting to provide compliance. You will work closely with London based ETC teams or other teams in different GDS locations in assisting clients in their quarterly and annual tax reporting process and have the opportunity to grow a tax accounting advisory book of business.

• Balance Sheet reconciliations where you will prepare monthly/ quarterly reconciliations for our largest TFO engagements and have the opportunity to work in the automation and transformation of the service

Your key responsibilities

• Support the Global Process Owner (GPO) with the management of the client’s direct tax compliance and tax audit and controversy across multiple countries:

  • Support in the overall compliance process/engagement, including helping the GPO oversee the direct tax deliverables under the global outsourcing compliance engagement.

  • Managing the junior team members with allocated deliverables, central review of Direct Tax Global View Packs, preparing for the Global Data Analytics presentation where we will be sharing insights from client’s direct tax data across countries, helping the client manage major legislative changes which need to be planned for and tax opportunities which could deliver value.

  • Support the GPO to identify process improvements, tax risks and opportunities to deliver value beyond compliance to the client and to drive margin efficiency for the team.

  • Support the GPO with budget management, and various deliverables tracking.

  • Support the GPO to identify tax audit trends and learnings from the global data available and discussions with local country teams.

  • Oversee the maintenance of the EY global tax audit tracking tool, and use the data in this tool to extrapolate the above noted insights.

  • Support from time to time with user acceptance testing and tool development ideas for the EY global tax audit and controversy management tool and the corporate tax insights tool.

• Preparing simplified tax provisions computations and reviewing outputs from EY local country teams

• Implement new engagements and seek process improvement opportunities on engagements

• Helping drive efficiencies on client’s or EY’s processes, designing and implementing simple solutions to complex processes, leveraging benefits of standardisation, centralisation and technology

• Connecting our clients to EY subject matter specialists

• Maintaining quality standards

• Flagging any escalation for client and EY teams

• Liaising with our Centre of Excellence teams in London, Belfast, Philippines, Argentina and Poland and EY Local country teams

• Management of engagement document libraries and readiness for tax quality review

You will be supporting across both our Direct Tax compliance and Tax Reporting delivery teams. You will be expected to build strong relationships based upon trust and doing the right thing with our clients. Using our best practice documentation and adhering to agreed procedures and processes on your engagements. You will also make sure our suite of technology tools is providing the output required to meet our contractual obligations.

Your day will be structured around internal/client catch ups, conference calls and team meetings – managing the key activities you will be working on that week / month, the contractual obligations we need to meet, and what needs to be prepared for upcoming client meetings. You will prepare, on a timely basis, the client deliverables and ensure that these meet the right quality standards.

As a Senior, you are expected to question/clarify any technical or non-technical part of the deliverable such that you understand what you are doing.

Skills and attributes for success

• Broad and deep corporate tax compliance experience

• Experience on working and managing large global outsourcing compliance engagements

• Project management skills, with the ability to plan and prioritize work, meet deadlines and monitor own budget.

• Self-motivated and takes personal responsibility and accountability of their own work

• Problem solving capabilities– identifies an issue, evaluates, designs a solution and implements, and ongoing commitment of continuous improvements

• Process focused with experience of implementing process or technology changes

• Strong communication skills and experience working with multi-country teams

• Organized with an ability to deliver deliverables in a short timeframe

• Experience in US GAAP and / or IFRS tax accounting provisions/projects, Global View Packs and Balance Sheet Reconciliation

• Corporate income tax experience (any country or countries)

• An ability to distil complex concepts into simple high-level messages

• Accounting qualification (would be an added advantage)

Qualifications and experience

• Degree qualified

• 2+ years of experience in corporate tax and withholding tax

• Experience working in corporate tax compliance, in professional services or industry (combination of professional and industry experience preferred, not essential)

• Understanding of the tax reporting process, Balance sheet reconciliation process and basic understanding of Direct Tax Compliance Review

• Good understanding of the deferred tax concepts

Additional skills and attributes for success

• Excellent communication skills – both written and verbally

• Excellent MS Excel and word capability

• Proficient multi-tasking ability

• Be a strong team player with the ability to add value to the current team

• Experience in working with teams across multiple jurisdictions

• Tax Transformation/compliance process improvement experience is plus

• Experience of rollout and/or implementation of tax technology is plus

• Accounting qualification and/or Tax qualification (ACA/CA/ACCA/CTA) is 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.