Assistant Tax Accountant
Description of business unit
The Financial Planning & Analysis Department is a key management reporting function within W&I, supporting management decision, enablement of the divisions strategy and tax compliance/reporting. The tax responsibilities cover taxes borne and paid directly by New Ireland and other subsidiaries plus taxes collected on behalf of the Revenue Commissioners from policyholder payments.
The team is responsible for monthly performance reporting to the BOI Group, New Ireland Board and W&I Management including periodic Board updates, input to QBR reporting, monthly cost management reporting and managing the forecasting and budget planning cycles.
Embedded within the Department is the Tax team. The team is responsible for the tax compliance obligations across Ireland, United Kingdom, Netherlands and France in additional to various EU, OECD and US reporting obligations. In additional the function is responsible for the reporting of tax data for local statutory accounting purposes and for consolidation within the Bank of Ireland Group.
Purpose of the Role
Reporting to the Tax Accountant, the role holder will assist the Tax Accountant in the management of both tax compliance and tax reporting. The role will primarily be responsible for providing clear and accurate Irish tax advice to the business while assisting the Tax Accountant with Irish & UK tax filings.
- Providing tax advice to the customer service division within NIAC including researching the relevant topic.
- Preparation of quarterly current and deferred corporation tax calculations and monthly corporate tax and deferred tax provisions.
- Responsibility for all filing of taxes excluding payroll e.g. Corporation Tax, VAT, Life Assurance Exit tax and Premium Levy.
- Ensuring that all tax returns are completed and filed on time.
- Preparation of Irish & UK VAT returns.
- Revenue / HMRC correspondence.
- Assist with and complete all Automatic Exchange of Information (AEOI) returns on behalf of New Ireland including CRS, Return of Payments and FATCA.
- Establish strong collaborative relationships with the Revenue Commissioners.
- Review changes in legislation, in particular after publication of the annual Budget and Finance Acts by the Department of Finance
- Ensure all tax risks and controls are recorded on Radar (internal risk and control recording system)
- Apply financial skills and business understanding to interpret, analyse and critically interrogate financial information, creating insights and solution-led outputs
What is the opportunity
This position is for a person looking to pursue a professional tax role within the Wealth & Insurance division. This role provides an exciting opportunity to become a trusted member of the Tax team within Wealth & Insurance!
As a finance professional within Wealth & Insurance, the role holder will also play an important role in contributing to the achievement of the overall Finance and Actuarial priorities and ways of working, aligning to our business strategy and the environment in which Wealth & Insurance operates!
Hybrid working - office based with working from home option.
Working at Bank of Ireland doesn't have to mean working in an office to have an impact. Our commitment to enabling colleagues to thrive means that depending on role type you can have choice and flexibility in where you work and live, subject to your role, customer needs and our requirements.
We have a hybrid working model, with home, agile hub and office based options available. We will always list a primary location which can be where you go for in person collaboration, and a location where you can best perform your role.
Please note you must live in the jurisdiction for the business to which you are contracted.
Part Qualified Tax Professional with 3 years of relevant PQE or extensive experience gained within an insurance or relevant business environment.
Essential Skills & Experience
- Demonstrated experience in a tax role or similar technical role linked to tax
- Knowledge of tax legislation and current Revenue practices, with experience in life and pensions tax a distinct advantage.
- Understanding of systems and practices within the Revenue Commissioners.
- Excellent numerical skills and detail orientated
- Strong interpersonal (verbal and written) and organisational skills
- IT skills, particularly high level of proficiency in excel, including pivot tables
- Demonstrated experience of managing priorities
- A commitment to delivering a consistently great service and the ability to communicate with various service providers
- Strong communication skills and adept at establishing professional creditability at all levels in a dynamic Group Structure.
- The role holder must have excellent organisational skills and the ability to be proactive while managing multiple deliverables for key customers
- Customer Focused - Self
- Accountable - Self
- Amplify Capability - Self
- Manage Risk - Self
- Agile - Self
Where Agency assistance is required Bank of Ireland Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Bank of Ireland by Recruitment Agencies will not be accepted for this role.
Bank of Ireland Group is an equal opportunities employer and is committed to fostering an inclusive workplace which values and benefits from the diversity of our workforce. We offer reasonable accommodation at every stage of the application and interview process. If you require assistance, please contact firstname.lastname@example.org.
For further information, and to apply, please visit our website via the “Apply” button below.