Deloitte Central Europe

Junior Financial Analyst

Bucharest, Romania / Hybrid
As per local standards
31 Jan 2023
28 Feb 2023
Approved employers
Approved employer
Contract type
Full time
Experience level
Qualified accountant

Description & Requirements

Who we are looking for

  • Fluency in spoken and written English (level C1);
  • Bachelor’s degree in language or business-relevant subject (Tax, Accounting or Finance preferable);
  • Strong communication skills with the ability to discuss project work whilst working remotely with UK Tax team and clients;
  • Excel and Microsoft Work skills highly desirable;
  • Strong team skills, with a willingness to work remotely with a UK based team;
  • Ability to prioritize and manage tasks while working simultaneously on multiple engagements while consistently achieving delivery milestones with superior quality;
  • Prior experience with client interactions and discussions would be highly desirable;
  • Professional attitude and demeanour to proactively develop relationships with team members in overseas offices.

Your future role

Research and Development

  • Work with the clients' finance staff to identify and collate the associated qualifying costs;
  • Interpret the tax rules governing the relief to ensure that only appropriate costs are included;
  • Work with technical engineers from the UK to ensure that the eligible activities are appropriately matched to the relevant costs;
  • Prepare the detailed analyses to support the figures included in the claim;
  • Plan, organize and execute engagements on time and to budget, while ensuring proactive, timely and up to date communication with team members in the UK.
  • Support the more senior members of the group with the preparation of responses to HMRC enquiries and business development opportunities.

Tax Depreciation

  • Prepare tax depreciation claims for a varied client base, ranging from FTSE 100 clients to small businesses, for submission to HM Revenue & Customs.
  • Manipulate client fixed asset ledgers (or similar) data where necessary to restructure the format of the data so it can be easily analysed through the use of technology, using Deloitte’s proprietary Acuity software platform.
  • Assist in drafting an entitlement memo by reviewing legal documentation (such as sale and purchase agreements, leases and contribution agreements) and the tax legislation to identify a company's entitlement to claim capital allowances.
  • Review available documentation and supplement any deficiencies through the preparation of an information request which will be sent to the client, and where further information is not available use surveying/building reconstruction skills to arrive at defendable values for assets
  • Draft a transmittal/submission letter to be issued to the client in relation to the capital allowances claim.
  • Work with our Tax Management Consulting colleagues to include the final capital allowances claims into the corporate tax computations where required.

Patent Box

  • Prepare Patent Box tax relief claims for a varied client base, ranging from FTSE 100 clients to small businesses, for submission to HM Revenue & Customs.
  • Analyse costs in the clients’ tax computations and/or management accounts to enable accurate computation of the Routine Return adjustment, often using Deloitte’s proprietary Acuity software platform.
  • Manipulate clients’ financial information into a format suitable for calculation of the patent box claims.
  • Assist our UK patent attorneys (or other members of the engagement teams where appropriate) to map clients’ income/sales to their patented technology.
  • Assist in drafting a report which summarises the claim methodology and eligibility requirements (which may use Deloitte’s technology tools).
  • Draft a transmittal/submission letter to be issued to the client in relation to the patent box claims.
  • Work with our Tax Management Consulting colleagues to include the final Patent Box claims into the corporate tax computations where required.

What we offer

  • The necessary training and support to be a successful Research and Development, Tax Depreciation and Patent Box analyst/junior consultant;
  • Developmental support throughout you career;
  • Full integration with the on-shore team e.g. inclusion in workload calls, online training etc;
  • An exciting opportunity to work in a team at the forefront of technological innovation.

About Deloitte:

Deloitte is a world leading professional services firm, providing accounting and auditing services, management consulting and legal and tax advice. Our offices offer services to multinational and large organizations, public institutions and numerous small, fast-growing companies. Thanks to a strong regional presence and our multi-disciplinary approach, we are ideally placed to meet the requirements of a wide range of clients.

The TLDC (Tax & Legal Delivery Centre)

Romania is one of Deloitte’s Regional Delivery Centers across the world. It represents a powerful driver of transformation, generating process change and increasing efficiency across the practice. We believe that being transformational is a journey, not a destination. We address current needs with innovative, timely solutions. We are reimagining operating models to be able of doing more with less and using the latest technologies to automate processes and increase speed, efficiency, and accuracy. About the team:

The Gi3 team (Global Investment & Innovation Incentives) is a consultative team that adds significant value to our UK clients’ businesses and makes a tangible difference to their profits. The nature of the group both from UK and Bucharest, with tax professionals, accountants, lawyers to technologists from different domains, means that there is mix of experiences and backgrounds resulting in a unique group dynamic. We are working with a variety of clients, across a wide range of industry sectors, from large multinational companies to cutting edge innovative startups. Through financial analysis and law application to customized activity, we engage alongside the UK colleagues of different qualification and provide clients the opportunity to minimize their taxes and duties or even gain additional cash to their businesses through claiming government incentives.

For further information, and to apply, please visit our website via the “Apply” button below.

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