Shell Business Operations

Tax Lead- MDT US Filing and Reporting

Location
Chennai, Tamil Nadu
Salary
Not disclosed
Posted
23 Feb 2024
Closes
07 Mar 2024
Ref
R140912
Approved employers
Approved employer
Contract type
Permanent
Hours
Full time
Experience level
Qualified accountant

Job Description

An excellent opportunity for a highly motivated and detail-oriented individual for Tax Lead role for US MDT Tax operations in Chennai. This position is responsible for Federal (Form 1120,1065) / State tax compliance and tax reporting activities for various Shell businesses and to drive and execute tax projects across US MDT. If you are a deep tax professional and is keen to continuously upskill in areas of IFRS Tax reporting and US tax compliance, then this is the opportunity for you.

Where You Fit In?

US MDT Tax team serves an important part in the success of FO Tax Operations. The Team comprises of US Federal (1120/1065) (Upstream, Downstream, Corporate, Trading, Corporate and International business), US State, Property Tax and Audit Dispute.

It is a highly motivated team executing end to end accountability of all US Direct Tax filing for Corporates/Partnerships, Group Tax Reporting and continuously adapting to changes both external (Inflation Reduction Act, IRS demands) as well as internal (rapidly changing technology and updating and leveraging various technology and tools) as well as building capabilities and leadership.

What is the Role?

The current role is primarily in the areas of tax compliance, accounting and reporting for US MDT in Federal/State and the role has been designed for developing and maintaining good working relationships with various stakeholders (including Country Tax teams, Business Controllers and other FO processes).

The role also involves individual contributor responsibilities, primarily as a reviewer of a limited number of high complex/material legal entities for Federal/State.

Responsibilities:

Identify and carry out where relevant Senior/Second level reviews of material returns / tax reporting for Federal/State.

  • Track filing obligations of each entity and ensure filing of tax returns in all the applicable jurisdictions.
  • Review projected federal and state taxable income on a quarterly basis and ensure estimated taxes are timely paid.
  • Maintain and update Key Tax Assumptions and Work Instructions on regular basis.
  • Ensure all the applicable internal/Sox Controls are complied.
  • Proactively engage in strategizing the MDT process’ systems and data requirements and participate and lead in initiatives for systems and process changes.
  • Understand Group Accounting and Reporting changes and provide guidance to enable incorporation of such changes and in the process as may be relevant.
  • Lead, manage and transition additional/new scope migrations of MDT activities.

CI responsibilities:

Provide steer in identification, prioritization & implementation of CI project pipeline and aid in achieving the process targets and implementation of projects.

People and stakeholder management:

  • Ensure correct and timely escalations of process exceptions or tolerance/variances and their resolution with feeder processes/business.
  • Proactively engage with Business and Country tax teams to enable business knowledge sharing with the MDT team and help embed into processes as relevant.
  • Proactively engage and maintain strong stakeholder and business connectivity.

What We Need from You?

US Tax technical knowledge is highly required

  • Hands on experience into partnership and US corporate taxes mainly on filing and reporting (8 yrs to 15 yrs)
  • Chartered Accountant (CA) preferred with a minimum of 8 years of post qualification experience.
  • or MBA/Post graduate with a minimum of 12 years of experience.
  • Ability to understand, manage and provide oversight of various applications (such as Corptax, ERS, Longview) along with delivery of training to the team is also integral and a key part to the position.

Candidate should possess good understanding and ability to guide the team on the following:

  • IFRS and Tax Accounting practices within Shell.
  • Various Control Frameworks and controls in a tax environment.
  • Working knowledge of various ERP systems used in Shell Group and excellent MS Office skills.
  • Ability to understand architecture of various IT systems and tools and use same to guide team to lead various efficiency (Automation, CI etc) initiatives.
  • Effective influencing skills and communicator of complex tax compliance issues; both written and oral.

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

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