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Diageo

Global premium spirits and beer producer

NAM Tax Compliance Senior Manager

Full-Time
No salary listed
Senior, Expert
Bengaluru, Karnataka, India
In Person
AccountingTax Accounting

About the job

Requirements
  • An accounting qualification is required.
  • At least 8–10 years of experience in reporting or tax compliance is required.
  • At least 1–3 years of experience managing teams, including experience managing managers, is required.
  • Business acumen is required.
  • A broad understanding of key international tax issues is required.
  • The ability to support others through change is required.
Responsibilities
  • Lead tax compliance and reporting processes within NAM.
  • Drive standardization and automation of compliance processes to manage increasing workload and rising internal and external expectations.
  • Prepare and review direct and indirect tax returns and related general ledger reconciliations.
  • Review and approve transfer-pricing adjustments for the assigned scope.
  • Manage P10/P12 group reporting within scope, as well as PYA and cash-tax reporting and forecasting.
  • Report to the Global Tax Process and Governance Director to ensure the accuracy of tax reporting and tax returns.
  • Support other regions and territories according to business needs, in addition to the primary geographical scope of NAM.
  • Develop and maintain strong working relationships with finance business partners and operational teams; keep current on business priorities and developments; and act as a trusted business advisor to challenge and support markets in improving tax management.
  • Collaborate with specialist finance functions to deliver end-to-end finance services to markets.
  • Work with global tax and compliance subject-matter experts and other tax business partners on tax projects, audits, and risk management; ensure audits are handled effectively and process improvements are implemented.
  • Work with market financial controllers and financial directors to understand key tax balance-sheet and profit-and-loss items and support knowledge sharing between tax and the business.
  • Support relationships with the global tax outsource provider and external advisors, holding them accountable for timely, efficient, and value-adding tax advice.
  • Work with CARM, GAR, and external auditors to ensure tax controls and processes are understood and meet CARM satisfactory standards and Sarbanes-Oxley controls within the broader Tax Control Framework.
  • Collaborate with the STP and ICO teams to drive efficiencies in direct and indirect tax compliance processes.
  • Partner with Tax Technology to automate NAM compliance processes and standardize and automate withholding-tax processes globally.
  • Manage direct reports in accordance with Diageo Leadership Standards, establish robust development plans for them, and support succession planning for the Global Tax Function.
Desired Qualifications
  • Experience with International Financial Reporting Standards reporting, such as ACCA or dipIFR, and SAP is preferred.
  • Experience in information-systems project management and process standardization is helpful.

About the company

Diageo is a global leader in premium drinks, with a portfolio of more than 200 brands across spirits and beer that are sold in about 180 countries. Its products are alcoholic beverages from centuries-old names to new brands, distributed worldwide to reach a diverse consumer base. The company manages a wide range of brands rather than focusing on a single product, and it uses its scale, global presence, and portfolio breadth to reach customers wherever they are. Diageo differentiates itself through its large, diverse brand mix, its international reach, and its ongoing focus on shaping the future of the business while considering its social and environmental impact. The company's goal is to raise the bar for people and the planet by investing in the future and acting with responsibility toward communities and the environment.

Company Size

10,001+

Company Stage

IPO

Headquarters

London, United Kingdom

Founded

1997

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Simplify's Take

What believers are saying

  • Europe, LAC, and Africa grew in fiscal 2026, offsetting U.S. weakness.
  • Diageo expects c.$1 billion annual savings from its 2026 restructuring.
  • Guinness demand stays strong; fiscal 2026 Europe sales rose 3.4%.

What critics are saying

  • North America organic sales fell 8.4% in FY2026; recovery runs through 2028.
  • Greater China sales dropped 34.9% in FY2026, crushing Diageo's Asia Pacific growth.
  • The August 2026 restructuring cuts staff and costs; execution misses threaten leverage.

What makes Diageo unique

  • Guinness, Johnnie Walker, and Tanqueray give Diageo unmatched global premium brand breadth.
  • Dave Lewis launched an August 2026 restructuring to reset North America competitiveness.
  • Ritual Zero Proof and RTD launches extend Diageo beyond classic spirits.

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Benefits

  • Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

7%

1 year growth

7%

2 year growth

7%
Yahoo Finance
Aug 15th, 2026
Diageo struggles while Constellation gains hedge fund favour despite sector headwinds

Jim Cramer has shifted his stance on the alcoholic beverage sector, showing cautious optimism for Constellation Brands whilst remaining bearish on Diageo. He highlighted Constellation's new CEO, Ned Fink, as a potential catalyst for growth, noting Fink's successful track record at Jim Beam. Diageo faces multiple headwinds, including a 34.9% sales decline in China and an 8.4% drop in North American net sales. The stock has fallen 52% over five years. Constellation grew beer sales 2% to $2.28 billion in fiscal Q1, beating earnings expectations. However, beer depletion fell 0.3%, whilst wine and spirit sales dropped 10%. Hedge funds appear to favour Constellation, with 56 funds holding stakes versus 35 for Diageo. However, Diageo trades at a higher forward P/E ratio of 14.41 compared to Constellation's 11.36.

Yahoo Finance
Jun 4th, 2026
Diageo vs Brown-Forman: Which spirits stock offers better value in 2026?

Diageo and Brown-Forman represent contrasting strategies in the spirits industry, with Diageo offering global diversification and Brown-Forman focusing on American whiskey brands. Diageo operates over 200 brands including Johnnie Walker and Guinness across 180 countries. In FY 2025, revenue reached $20.2 billion with net income of $2.4 billion, though net margin declined to 11.6% from 19.1% the prior year. The company maintains a debt-to-equity ratio of 2.2x and free cash flow of $2.7 billion. Brown-Forman, producing Jack Daniel's and Woodford Reserve across 170 markets, generated $4.0 billion revenue in FY 2025, down 4.9% year-over-year. Net income was $869 million with a 21.9% net margin. The company shows stronger financial metrics with a 0.7x debt-to-equity ratio, 3.9x current ratio and free cash flow of $431 million.

The Hindu BusinessLine
May 25th, 2026
How Diageo’s doubled investment is scaling up Sober

Diageo's increased investment in Sober highlights the growing demand for premium non-alcoholic beverages in India's evolving market.

Yahoo Finance
Jan 21st, 2026
Global spirits giants sit on $22B unsold inventory amid demand slowdown

Major spirits companies are grappling with a $22 billion inventory glut, the largest in a decade, according to the Financial Times. Diageo, Pernod Ricard, Campari, Brown-Forman and Remy Cointreau are sitting on unprecedented amounts of unsold aged spirits, including whisky, Cognac, tequila and rum. The surplus stems from pandemic-era over-production when home consumption surged. However, consumer demand has since declined due to health concerns and shifts towards THC beverages. Companies have responded by pausing production at distilleries, reducing workforces and closing facilities. Cognac faces particularly severe challenges, with slowing exports and trade issues with China forcing price cuts. Even tequila, which recently outsold American whiskey in the US, is experiencing slowdown. Industry analysts warn that production cuts risk future shortages if demand rebounds unexpectedly.

Diageo
Sep 26th, 2024
Diageo Acquires Ritual Zero Proof

Diageo North America has acquired Ritual Zero Proof Non-Alcoholic Spirits, the leading non-alc spirit brand in the U.S. since its 2019 launch. This move aligns with Diageo’s Growth Ambition for sustainable growth. Ritual offers non-alc alternatives to whiskey, tequila, gin, rum, and aperitif. The U.S. non-alc category has grown +31% CAGR over five years, with non-alc spirits as the fastest-growing segment. Diageo is the top non-alc spirits player globally, holding leading market shares in major markets.