Direct Tax Senior Analyst

About the role

Diageo, the world's leading premium drinks company, is hiring a Direct Tax Senior Analyst in Budapest on a permanent basis. The role ensures that the UK and ROI markets' direct tax processes (including CIT and other supplementary returns) are accurate, efficient and on time, using automation and outsourcing where applicable, and that internal controls and legislative requirements are followed. It implements and maintains the Global Direct Tax, controls and automation tools under the new Tax Operating model.

Key responsibilities

• Prepare, support the preparation of and review CIT returns and connected supplementary returns, following global standards and controls and using automation tools where applicable
• Support annual transfer pricing processes so that Diageo's transfer pricing principles are reflected in CIT returns
• Provide information for routine CIT, WHT and other direct tax audit enquiries and projects under the supervision of the Direct Tax Lead
• Calculate WHT, prepare returns and gather data, ensuring compliance with market-specific regulations and legislative changes, working with the Direct Tax Lead, Tax Business Partner and outsourced service provider
• Prepare and review balance sheet reconciliations on time, in line with internal and external controls
• Lead and coordinate tax document retention for the markets
• Work with the Global Outsource Provider on tax reporting, including classification and entry of permanent and temporary differences in the Tax Provision Tool (OTP) for P10 reporting, prior-year adjustments, payment reconciliation and tax provision roll-forward
• Drive continuous improvement with a LEAN approach, support the new controls and KPI reports, investigate root causes of errors and respond promptly to market queries and tax audits

Required profile

• Operational-level direct tax experience of 2-3 years
• Att exam or ongoing training is an advantage
• Experience with transitions and project management is an advantage
• Experience with SAP and tax reporting, statutory compliance and IFRS is an advantage
• A qualified accountant or tax advisor degree is an advantage
• Fluent spoken and written English
• Willingness to contribute to capability building

Required skills

• Strong understanding of financial processes in direct tax and tax reporting
• Good numerical skills and confident Excel usage
• Ability to work to tight deadlines and adapt to change
• Excellent communication, influencing and risk leadership skills

What we offer

• Family leave opportunity
• Work with colleagues from around the world and a wide brand portfolio
• Thematic events and after-work activities organised by employee communities
• Product allowance to buy company products from the staff shop
• Gym and rooftop bar facilities
• Flexible working arrangements, including part-time and compressed hours