Tax Accountant

Posted:
9/20/2024, 3:31:25 AM

Location(s):
Dublin, Leinster, Ireland ⋅ Leinster, Ireland

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Accounting

Work Location:

Dublin, Ireland

Hours:

35

Line of Business:

Finance

Pay Details:

We’re committed to providing fair and equitable compensation to all our colleagues. As a candidate, we encourage you to have an open dialogue with a member of our HR Team and ask compensation related questions, including pay details for this role.

Job Description:

Corporate Profile

TD Bank Group

Headquartered in Toronto, Canada, with more than 85,000 employees in offices around the world, The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (TD). TD offers a full range of financial products and services more than 25 million customers worldwide through three key business lines:

  • Canadian Retail including TD Canada Trust, Business Banking, TD Auto Finance (Canada), TD Wealth (Canada), TD Direct Investing and TD Insurance
  • U.S. Retail including TD Bank, America’s Most Convenient Bank, TD Auto Finance (U.S.), TD Wealth (U.S.) and TD’s investment in TD Ameritrade
  • Wholesale Banking including TD Securities

With a presence in Dublin for more than 20 years, TD Securities officially opened its new office space at One Molesworth Street in 2019. TD Securities in Dublin trades as TD Global Finance (TDGF), an unlimited company wholly owned by The Toronto-Dominion Bank (TD). Backed by TD's strong balance sheet and high credit rating, TDGF is a fully licensed broker dealer regulated by the Central Bank of Ireland. Our dedicated team of over 200 employees across front office, support and control, and technology roles help extend our global reach and knowledge to serve clients on the ground in Ireland and throughout Europe.

Our strategy in Dublin remains an extension of the core TD Securities mandate, providing a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our knowledge, innovation, and experience. We work closely with our clients to lead the underwriting and distribution of new issues, provide trusted advice and industry-leading insight, extend access to global markets, and execute daily trading and help meet investment needs.

As part of our TDGF growth strategy, we are also growing our Ireland based technology teams to support our global TD Securities and TD Bank Group Business lines.

TD Securities offers a wide range of capital markets products and services to corporate, government, and institutional clients who choose us for our innovation, execution, and experience.

With more than 6,500 professionals operating out of 40 cities across the globe, we help clients meet their needs today and prepare for tomorrow. Our services include underwriting and distributing new issues, providing trusted advice and industry-leading insight, extending access to global markets, and delivering integrated transaction banking solutions. In 2023, we acquired Cowen Inc., offering our clients access to a premier U.S. equities business and highly-diverse equity research franchise, while growing our strong, diversified investment bank.

We are growth-oriented, people-focused, and community-minded. As a team, we work to deliver value for our clients every day.

Position Overview

Position Summary

This position is responsible for providing tax reporting and compliance (corporate and VAT) for entities based in the UK and Ireland

This is a broad role, requiring a combination of a high level of technical knowledge, good organizational skills and an ability to liaise across various business and support groups to achieve a variety of aims and objectives.

The role is also responsible for ensuring all reporting and compliance obligations are met and therefore it will be necessary to maintain a strong internal financial control environment to ensure that all deliverables are accurate and submitted on a timely basis.

This position involves working alongside other UK and Toronto based Finance teams.

Fundamental Competencies

This role requires:

  • A working knowledge of UK or Irish corporate tax
  • A working knowledge of VAT, in particular partial exemption for financial services
  • Outstanding analytical skills with an inquisitive mindset to identify and swiftly resolve issues
  • Proven organizational and multi-tasking skills to be able to juggle competing priorities
  • Excellent communication & presentation skills to provide guidance to the local and Head Office finance teams on specific issues
  • The development and maintenance of good relationships with key stakeholders and the ability to effectively communicate recommendations
  • Ability to motivate and inspire other team members in line with the TD Framework
  • Excellent excel, word and power point skills to support the high quality deliverables required

Key Deliverables

Statutory Reporting

  • Assist with the tax notes for all the UK & Irish entities, including reviewing draft financial statements to ensure accuracy of numbers and appropriateness of financial statement disclosures
  • Provide expertise in incorporating any tax disclosure requirements as new businesses/products are booked in the local entities
  • Provide expertise in incorporating changes in tax reporting standards

Financial Control

  • Preparation of tax provisions for the month end, quarter end and year-end close process for UK and Irish entities, explaining variances and dealing with queries from London/Toronto Finance and Tax teams
  • Maintain an up-to-date awareness of changes to UK and Irish taxation and ensure that the local Finance teams have adequate infrastructure in place to remain compliant with the rules at all times.
  • Ensure annual review of procedures for completeness and accuracy

Tax Accounting and Reporting

  • Prepare all journal entries relating to corporation tax and VAT
  • Prepare draft corporation tax returns for all UK and Irish entities and respond to any questions from external advisors.
  • Calculate and ensure all tax payments are made on timely basis
  • Prepare UK and Irish VAT returns, including partial exemption calculation
  • Prepare the UK Bank Levy balance sheet
  • Collate information to assist with responding to enquiries from tax authorities

Project work

  • Own ad hoc specified local and global projects and deliver them within demanding timelines whilst maintaining a high standard of technical accuracy.

Person specification

  • The role will suit a highly motivated and ambitious individual with excellent technical & excel skills with a strong desire to learn and develop their career in the Financial Services industry
  • In addition, the individual will need to show experience and key skills in driving existing process improvements and be able to set up robust processes to address ongoing changes in the nature of the business
  • Qualified Accountant or Tax Advisor with 5+ years of relevant experience

Who We Are

TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by branches/stores. Every day, we deliver legendary customer experiences to over 27 million households and businesses in Canada, the United States and around the world. More than 95,000 TD colleagues bring their skills, talent, and creativity to the Bank, those we serve, and the economies we support. We are guided by our vision to Be the Better Bank and our purpose to enrich the lives of our customers, communities and colleagues.


TD is deeply committed to being a leader in customer experience, that is why we believe that all colleagues, no matter where they work, are customer facing. As we build our business and deliver on our strategy, we are innovating to enhance the customer experience and build capabilities to shape the future of banking. Whether you’ve got years of banking experience or are just starting your career in financial services, we can help you realize your potential. Through regular leadership and development conversations to mentorship and training programs, we’re here to support you towards your goals. As an organization, we keep growing – and so will you.

Our Total Rewards Package
Our Total Rewards package reflects the investment we make in our colleagues to help them, and their families achieve their well-being goals. Total Rewards at TD includes a base salary and several other key plans such as health and well-being benefits, including medical coverage, paid time off, career development, and reward and recognition programs.

Additional Information:
We’re delighted that you’re considering building a career with TD. Through regular development conversations, training programs, and a competitive benefits plan, we’re committed to providing the support our colleagues need to thrive both at work and at home.
 
Colleague Development 
If you’re interested in a specific career path or are looking to build certain skills, we want to help you succeed. You’ll have regular career, development, and performance conversations with your manager, as well as access to an online learning platform and a variety of mentoring programs to help you unlock future opportunities. Whether you have a passion for helping customers and want to expand your experience, or you want to coach and inspire your colleagues, there are many different career paths within our organization at TD – and we’re committed to helping you identify opportunities that support your goals.
 

Training & Onboarding
We will provide training and onboarding sessions to ensure that you’ve got everything you need to succeed in your new role.
 

Interview Process 
We’ll reach out to candidates of interest to schedule an interview. We do our best to communicate outcomes to all applicants by email or phone call.

Accommodation 

If you require an accommodation for the recruitment / interview process (including alternate formats of materials, or accessible meeting rooms or other accommodation), please let us know and we will work with you to meet your needs.