Job Title: Tax Reporting Senior Manager
Location: Budapest
Contract: Fixed term(1 year)
About us
Diageo is the world's leading premium drinks company with an outstanding collection of brands, such as Johnnie Walker, Smirnoff, Baileys, Captain Morgan, Tanqueray and Guinness. Our purpose -Celebrating life, every day, everywhere-has a meaningful role in our company, for our people, our diversity, our brands, in how we perform and how we build shared value.
The Tax job family encompasses global roles accountable for the design and implementation of tax strategies, policies and the tax governance framework. It also includes the provision of tax support to Diageo's business units, delivery of projects to create shareholder value, and proactive management and mitigation of key tax risks.
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About the role
This role is critical in delivering the group tax external and internal reporting requirements including our obligations under SOX. The role sits in the Global Tax Team and works closely with the Group Controllers department.
The scope includes planning and delivering all tax reporting requirements, proactively managing the Group's auditors on all aspects of the year end and interim reporting and ensuring Diageo meets the highest standards of compliance in tax reporting (including external and management reporting).
This role responsible for overseeing the management and coordination of the Global tax service contract, delivering against all governance requirements, and building/ executing an effective control and risk management framework for Tax Reporting.
In addition it also includes the responsibility for the group's CBCR (country by country reporting) Diageo is required to submit towards HMRC (UK tax authority) and responsibility for overseeing the group's tax risk footprint and ensuring that consistent and appropriate judgement have been made and those our properly reflected in our external reports. There is scope for exposure to key stakeholders within the Finance function.
- A key role in the delivery of the external reporting requirements for the Group including timely and accurate production of specific tax sections of the Diageo Information pack, Group accounts and other relevant analyses and presentation from the group consolidation reporting system
- Planning and delivery of external reporting including engaging with key stakeholders (FP&R, Investor Relations, CFO, CEO, auditors), including a detailed understanding of all the key components of the entire Diageo tax position. Leading and managing delivery of internal reporting (cash tax and ETR) including briefing of key stakeholders (Investor Relations, CFO and CEO)
- Monitoring of changes to external environment with respect to reporting and assessment of impact to Diageo including understanding of implications of IFRS standards. Managing formulisation of best interpretation of standards as applicable to Diageo, influencing of interpretation within Diageo, obtaining agreement of interpretation with the Group's auditors.
- Technical review and sign off of accounting implications for all Group tax projects, BD transactions, other projects impacting ETR or deferred tax Technical review and sign off on the critical ad significant tax provisions and contingencies of the Group. Timely and accurate production and submission of the group's CBCR report towards HMRC. Overseeing and managing the performance and relationship with our global tax outsourcing partner.
- A key role in the delivery of the external reporting requirements for the Group including timely and accurate production of specific tax sections of the Diageo Information pack, Group accounts and other relevant analyses and presentation from the group consolidation reporting system
What you'll bring
- Qualified accountant (ACCA) with at least 8-10 years professional experience •
- Strong technical accountant with an excellent understanding of IFRS
- Experience in risk management Confidential Confidential
- Excellent communication and influencing skills that facilitate effective networking and relationship building with senior stakeholders
- Ability to work to deadlines and under pressure
- Good judgement
- Imaginative thinker of capable of devising solutions to complex issues
- Ability to communicate effectively a technical area to a non-specialist
- Self-motivated and well organised approach to work
Benefits of working here
- Outstanding Family Leave opportunity
- We work without border - you will work with people from all over the world
- You will deal with extraordinary brand portfolio
- Wide variety of thematic events, afterwork activities organized by employee communities
- Product Allowance to purchase company products from the staff shop
- We won the Fittest Workplace Award, of course we have a Gym
- Urban legend is true, we do have a Rooftop Bar
Inclusion & Diversity
Celebrating our inclusive and diverse culture is core to Diageo's purpose of "celebrating life every day everywhere". This purpose is, in itself, inclusive in nature, as it values everybody irrespective of background, disability, religion, gender identity, sexuality or ethnicity.
We know that for our business to thrive and for Diageo to realize its ambition, we depend on having diverse talent with a range of backgrounds, skills and capabilities in each of the 180 countries in which we operate and to reflect our broad consumer base. We view diversity as one of the key enablers that helps our business to grow and our values, purpose and standards set the conditions for us to respect the outstanding contribution each person brings!