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Tesco

Grocery and general merchandise retailer

Tax Manager

Tax AccountingPosted on Nov 10
Full-timeWelwyn Garden City, UKNo salary listed

About the Job

Requirements

  • Comprehensive knowledge of UK and international tax matters in the context of a large group environment.
  • An understanding of or interest in transfer pricing.
  • Experience working within a tax team of a large UK-headquartered group or in an advisory role within the profession to FTSE 100 clients.
  • Be a qualified accountant and/or hold an Institute of Tax qualification.
  • Working knowledge of Hyperion Financial Management (HFM) and Tax Reporting Cloud Services (TRCS) is desirable.

Responsibilities

  • Manage Pillar 2 compliance for the Group by collating data and preparing calculations for the GloBE Information Return, and manage the outsourced provider preparing registrations, notifications, and returns across multiple countries.
  • Perform the Group’s Country-by-Country Reporting, working with Finance to ensure accurate data is extracted from the finance system, reviewing and analysing collected data before preparing the report for filing with HMRC, and maintaining the CBCR notifications schedule to ensure timely notifications.
  • Prepare the public EU Country-by-Country report for publication on the Group’s website.
  • Maintain the qualifying company list and prepare HMRC notifications for Senior Accounting Officer requirements.
  • Collect accurate data in a timely manner, and review TTC deliverables and variance analysis to ensure figures are understood and appropriately explained to stakeholders.
  • Perform the annual Controlled Foreign Company (CFC) review for the Group, including collating data, analysing reports in line with current CFC legislation, and maintaining country-by-country files with analysis of the results.
  • Manage and oversee transfer pricing compliance across the Tesco Group, including maintaining the UK Master File and Local File and, with local tax managers, maintaining the Group’s international Local Files.
  • Engage advisers to produce contemporaneous benchmarking analysis in line with regulatory requirements.
  • Advise on customer and vendor services agreements and assist in preparing intercompany service agreements in line with the Group’s operating model.

Desired Qualifications

  • Working knowledge of Hyperion Financial Management (HFM) and Tax Reporting Cloud Services (TRCS).

About the Company

Tesco

Grocery and general merchandise retailer

Tesco is best understood as a multinational grocery and general-merchandise retailer. The group combines customer-facing retail with distribution, digital, commercial, and analytical capabilities. It serves households through stores and online shopping while also operating wholesale, data-science, and financial-service businesses. Work spans stores, fulfillment, supply chain, product, technology, data, finance, and group functions. The scope reflects Tesco PLC and its principal business lines without implying every role sits in the core supermarket operation.

Company size
Not listed
Company stage
IPO
Headquarters
Broxbourne, United Kingdom
Founded
1919

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