Job Information
Diageo Direct Tax Junior Manager and UK SME in Budapest, Hungary
Job Description :
Job title: Direct Tax Junior Manager and UK Subject Matter Expert
Contract: permanent
Location: Budapest
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.
About the role
The purpose of this role is to ensure that the markets’ direct tax processes
(including Corporate Income Tax, Transfer Pricing and other supplementary returns) are undertaken accurately, efficiently (utilising automation and outsourcing where applicable) and on time and the surrounding internal control procedures, legislative requirements are strictly adhered to.
The role will lead the implementation and ensure ongoing operation of the
Global Direct Tax processes, controls and automation tools for their market.
Job Dimensions Scope of role covers coordinating the preparation and review of CIT, and connected returns and supporting the transfer pricing cycle. This requires interaction with the Direct Tax Seniors and Analysts, a number of functions including both markets and central functions with a special focus on statutory compliance and financial controlling teams. The role will have a direct
conversation with Tax business partners and Global SME -s relevant for her/his
area.
The role has responsibility for leading the CIT and TP compliance preparation for the market under her/his responsibility including the execution of process improvements and managing the CIT risk agenda for the relevant markets. Diageo direct tax charge is £1bn globally. You will manage
only the element that is connected to the markets/region you support
What you will be responsible for:
- Ensuring that CIT returns, transfer pricing processes and connected
supplementary returns are prepared according to the global standard
process and controls, local DTP-s, on time and utilising automation
tools where applicable.
- Managing routine CIT, TP and other direct tax related audit enquiries
and projects for your markets.
- Ensuring compliance with market specific regulatory requirements
and legislative changes working closely with Tax Business partner and
Outsourced Service provider and her/his team.
- Reviewing balance sheet reconciliations, ensuring these are done on
time and in an internal and external control compliant way.
Coordinating the BS reconciliation preparation and review process.
- Actively managing and coordinating tax document retention for your
markets.
- Working with the Global Outsource Provider on Tax reporting
processes including:
• Classification and input of permanent and temporary differences
into Tax Provision Tool (OTP) for reporting
- Driving continuous process improvement through establishing a LEAN
approach to drive effectiveness and efficiency - supporting process
improvements and rollout of standardised processes and automation
in the region.
- Supporting business projects for market by providing SME input and
working with the market tax business partners to support tax led
projects
Responding to market queries in a timely manner
Support training and any other kinds of technical support to the
whole team and to other departments.
What you'll bring
- Ideally minimum 4-5 years’ relevant tax experience in SSC and/or
FMCG/Big 4 advisory environment
- Experience at an operational level in direct tax, controls and risk
management
Experience with transitions and project management is an advantage
Experience in working with integrated software system (SAP) is an
advantage
Experience of Tax Reporting and IFRS is an advantage
Experience in working with markets that have highly complex legislation is an advantage
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!
Worker Type :
Regular
Primary Location:
Budapest
Additional Locations :
Job Posting Start Date :
2024-05-16
With over 200 brands sold in more than 180 countries, we’re the world’s leading premium drinks company. Every day, over 30,000 talented people come together at Diageo to create the magic behind our much-loved brands. From iconic names to innovative newcomers – the brands we’re building are rooted in culture and local communities. Our ambition is to be one of the best performing, most trusted and most respected consumer products companies in the world.
Our founders, such as Arthur Guinness, John Walker, and Charles Tanqueray, were visionary entrepreneurs whose brilliant minds helped shape the alcohol industry. And through our people, their legacy lives on. Join us, and you’ll collaborate with talented people from all corners of the world. Together, you’ll innovate and push boundaries, shaping a more inclusive and sustainable future that we can all be proud of.
With diversity at our core, we celebrate our people's unique passions, commitments and specialist skills. Because when varied voices, mindsets, and personalities come together, great ideas are born. In our supportive culture, your voice will be heard and you’ll be empowered to be you. Just bring your ambition, curiosity and ideas, and we’ll celebrate your work and help you reach your fullest potential.
DRINKiQ
What's your DRINKiQ? Take our quiz to understand how alcohol is made and explore the effects of drinking. You can discover everything you need to know at DRINKiQ (https://www.drinkiq.com/en-gb/)