Tax Accountant (Financial Management Department)
- Full-time
Company Description
As a Luxembourg-based bank since 1979, together with the global presence of Bank of China Group, Bank of China Luxembourg Branch has been successfully operating and continuously developing its business over the years. It contributes to the local and worldwide economic and social development. With more than 45 years of expertise and experience in the European markets, the bank extended its roots covering 15 institutions located in 13 European countries and becoming Bank of China Europe, since 2022.
Bank of China Europe adheres to the guidance of Bank of China group and continues to grow and expand its business coverage across the world, offering comprehensive business solutions to its clients worldwide with its globalized operations and diversified platforms.
Today, Bank of China Europe comprises an international workforce with a multicultural background of more than 30 different countries and regions with over 600 employees.
Job Description
Job Purpose
As a Tax Accountant, you will oversee the Bank's day-to-day tax compliance and accounting activities, including monthly VAT reporting, tax provisions and tax-related reporting. You will coordinate with external tax advisers on annual tax returns, transfer pricing documentation and international tax matters, ensuring the timely provision of accurate information and compliance with applicable tax requirements.
Your key responsibilities will include (but are not limited to):
- Prepare and submit monthly VAT returns and intra-EU recapitulative statements to the Luxembourg tax authorities.
- Prepare and submit tax-related reports to the Head Office.
- Collect, review and maintain the information and supporting documentation required for Transfer Pricing reports, annual VAT and corporate income tax returns.
- Liaise with external tax advisers and coordinate the preparation of annual tax returns and transfer pricing documentation.
- Prepare tax-related accounting entries, including VAT, corporate income tax, municipal business tax, at the end of each month; as well as ad-hoc net wealth tax, withholding tax, tax payments and reimbursements.
- Manage transfer pricing matters, including cost allocation recharges, transaction data collection and responses to queries from group entities and external auditors.
- Support the Bank's international tax compliance obligations, including Pillar Two, Country-by-Country Reporting (CbCR) and other Head Office tax reporting requirements.
- Manage tax-related projects such as coordination with external tax advisers on relevant developments changes in tax legislation.
- Provide tax-related support and guidance to internal departments and group entities.
- Coordinate tax-related audit requests and provide supporting documentation and explanations to external auditors.
- Manage tax-related invoicing and coordinate with internal departments on VAT matters.
Qualifications
Technical Skills & Qualifications
- Bachelor's degree or above in Accounting, Finance, Taxation, Business Administration or a related field.
- A professional qualification in accounting or taxation (e.g. ACCA, CFA, or equivalent) would be an advantage.
- 3–5 years of relevant experience in tax accounting, tax compliance or financial accounting, preferably within the banking or financial services sector.
- Good knowledge of Luxembourg tax regulations, particularly VAT, corporate income tax, municipal business tax, net wealth tax and withholding tax.
- Familiarity with transfer pricing, Pillar Two, Country-by-Country Reporting (CbCR) and international tax matters would be an advantage.
- Good understanding of accounting principles and experience in preparing tax-related accounting entries, provisions, reconciliations and supporting documentation.
- Strong MS Excel skills and good command of Microsoft Office applications; experience with accounting systems and tax reporting platforms is an advantage.
- Fluency in English is essential. Knowledge of French and/or Chinese would be an advantage.
Soft Skills & Attributes
- Strong analytical, numerical and problem-solving skills, with excellent attention to detail and accuracy.
- Excellent organizational and time-management skills, with the ability to manage multiple tasks and meet strict regulatory and reporting deadlines.
- Good written and verbal communication skills, with the ability to liaise effectively with internal departments, Head Office, external auditors and tax advisers.
- Strong interpersonal skills and ability to work collaboratively within a multicultural and international environment.
- Ability to work independently, take ownership of assigned responsibilities and proactively follow up on outstanding matters.
- Flexible and proactive approach, with the ability to adapt to changing regulatory requirements and business priorities.
- High level of professionalism and integrity when handling financial and tax information.
Additional Information
Compensation: The remuneration for this position will be determined based on the requirements and responsibilities of the role, as well as the candidate’s qualifications and professional experience. Further information on the applicable salary range will be provided during the recruitment process.
Equal Opportunity: We are committed to providing equal employment opportunities to all candidates and do not discriminate on the basis of gender, age, nationality, race, ethnic or social origin, religion or belief, disability, sexual orientation, or any other characteristic protected by applicable law.
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