Tax Specialist - De Beers Corporate

Company Description
-De Beers is the world’s leading rough diamond company with unrivalled expertise in the exploration, mining and marketing of diamonds. From its mining operations across Botswana, Namibia, South Africa and Canada, De Beers produces and markets approximately 30% of the world’s supply of rough diamonds by value. Together with its joint venture partners in Botswana and Namibia, De Beers operates in more than 20 countries across six continents.

De Beers’ gem mining operations span every category of diamond mining – open pit, underground, alluvial, coastal and under sea.

The group is passionate about people and is committed to creating a diverse workplace in which individuals can develop rewarding careers at all levels. This is done by providing innovative, stimulating work environments that allow our people space to lead, grow and develop.

Our vision is to transform diamond dreams into lasting realities and as a result we aim to attract and retain vibrant, innovative people who possess the unique skills and talents that will lead the De Beers Group into the future.

Job Description
-The purpose of this role is to support the Tax Manager – De Beers Corporate in the delivery of tax advisory, compliance and policy support to local De Beers and Element 6 businesses and does so with a global perspective, focused on aligning the tax profile of the Group to its global footprint including through delivery of global Group tax priorities and initiatives.

The Tax Specialist - De Beers Group plays a key role in ensuring that the Tax Strategy and Tax Governance Framework is delivered fully across all aspects of tax work performed locally, such that tax risk is effectively managed.

Key Responsibilities:

Business Partnering

• Proactively support and partner with business across De Beers Group entities in Europe and within the wider Group Tax function with the aim of creating sustainable value for the Group and leading change.
• Work with a network of local tax advisors in various countries and internal Group Tax network to support De Beers Group activities.
• Support the development and maintenance of relationships with key personnel within the business and ensure they understand the strategy, tax risk framework and vision of Group tax.
• Understand and help the business to understand the value proposition, objectives, initiatives, delivery and resource requirements of Group Tax.
• Help to embed Group Tax as a valued partner in the local business, positioning Group Tax to have a forward looking posture through presence in relevant committees and other forums that it uses to influence and shape decision making in the local business.
• Support the creation of sustainable value through professional advice and planning in accordance with the Tax Strategy and Tax Governance Framework.
• Help to deliver the provision of tax advice on major transactions, including acquisitions and disposals.
• Champion ways of working which result in strong collaboration with other parts of Group Tax as well as the wider De Beers Group business.

External engagement

• Help to develop and enhance relationships with tax authorities, with a view to establishing ways of working that are consistent with the ethos of Co-operative Compliance.
• Monitor external developments and determine appropriate action.

Compliance / Governance / Advisory / Risk / Policy

• To support the Tax Manager – Corporate in the implementation of the De Beers tax strategy and the management of the Group’s tax affairs for all European entities.
• Manage direct and indirect tax compliance and reporting process to ensure compliance obligations are met, working together with external advisors, if required and stakeholders across the organisation.
• Support tax audits, disputes and tax litigation within the region.
• Support the development of relationships with key personnel within Group Tax and the local business and ensure they understand and apply Group Tax policies.
• Help to liaise with outside advisors (incl. auditors, legal, investment bankers and other advisors) to ensure proper and efficient tax planning, business partnering and solutions.
• Assist with the review and updating of tax systems, procedures and policies.
• Provision of advice on day to day tax matters in the relevant country/region.
• Provide tax advice on transactions, including M&A (acquisitions and disposals) and transfer pricing.
• Assist with adherence to transfer pricing policies and procedures and to ensure compliance with local transfer pricing regulations including master file, local file and country-by-country obligations.
• Evaluate, assess and manage the in-country tax risk in line with the Tax Risk Management Policy.
• Raise awareness of issues within the group in and effectively communicate tax issues to management.
• End-to-end management of all uncertain tax positions.
• Maintain a tax policy framework in line with the group’s guidelines.
• Support the analysis of changes to regimes as the result of significant multilateral policy changes on Global basis and advice on the implication for the Group
• Monitor and communicate legislative changes and practice to the wider tax team and business as appropriate

People / Team

• Support the Tax Manager – Corporate in building an effective team that works collaboratively with each other and with other teams to achieve business goals and create sustainable value.

Financial

• Identify any opportunities for improved cost management and either address these or raise them with your manager as appropriate.
• Assist in the management of consulting spend and delivering sustainable value by delivering efficiencies in terms of the value received in comparison to the amount of money spent.

Work Processes

• Fully understand the policies, processes and systems which apply to your work.
• Identify any issues around these that interfere with your ability to complete work or meet the plan / strategy.
• For processes within your authority, make the required changes. For others, escalate these issues to seek action and / or look for alternative solutions.

A full job description will be shared at Interview stage.

• -Either a Chartered Accountant or Chartered Tax Advisor and / or equivalent accounting or legal degree.
• Demonstrates and displays knowledge and expertise in the Tax discipline, through tax planning and advisory skills, tax compliance skills and tax governance skills, and in particular
• Ability to:
  • Communicate key tax issues appropriately
  • Apply commercial acumen including understanding the business impact of tax advice
  • Understand & apply tax law, identify opportunities and management of implementation of such
  • Develop ideas into practical solutions
  • Ensure that appropriate tax risk management documentation is implemented
  • Analyse a whole host of information and extract the pertinent facts and make a sound tax analysis thereof
  • Demonstrate well-developed analytical, planning, and problem solving skills
• High degree of commercial acumen
• Strong working experience of International tax principles, M&A tax, transfer pricing, tax residence etc
• Utilising efficient work practices
• How to work independently and prioritise and deliver own projects
• Good accounting practices
• Preparation of consolidated tax reporting
• A proven track record of having worked in a similar role in the Tax field in Commerce, with a Big 4 Accounting firm or a Law firm is required
• Significant relevant post qualification experience is required
• Consistently displays a positive and engaged manner.
• Understands how to influence or negotiate with others, in order to achieve productive outcomes.

• -A great working environment
• Fantastic pension scheme
• 27 days of holiday + bank holidays with the opportunity to buy or sell 5 more days
• Private Healthcare
• Mental health is a top priority for De Beers Group - we offer free subscription to Headspace and have mental health first aider
• Competitive salary
• Your Choice membership discounts
• Employee share schemes
• Staff discount
• Free breakfast & lunch at onsite restaurant
• Free onsite gym
• Flexible benefits package

Who we are

De Beers Group is a company with a rich history and a sparkling future. Since 1888 our experts have searched the world for nature’s most precious gem. Our diamonds bring beauty to the world. But we think they can do so much more. We want our diamonds, and our business, to make life brilliant – for our people, our customers and the world around us. Venetia Mine is part of De Beers Group Managed Operations Business which integrates mines, operations and support functions in the De Beers Group producer countries of Canada and South Africa to shape a safe, sustainable future for De Beers Group’s people, shareholders, communities and partners.

Safety

Safety first is a way of life for us. We are unconditional about the safety, health and well-being of our colleagues, at work and at home, and about that of the communities where we work. We aim to lead the industry by investing in innovation to protect people, who are at the heart of our business. Our high performing teams take accountability for their own and others' actions, work collaboratively, and always show care and respect.

Inclusion & Diversity

We are committed to promoting an inclusive and diverse workplace where we value and respect every colleague for who they are. We provide equality of opportunity to enable everyone to fulfil their potential. Referrals incentive applicable: This opportunity is open to a paid referral incentive according to the Referral Policy. Referral incentives are applicable to De Beers Group internal employees only.

Building Forever

Sustainability is at the heart of our decision-making – it is how we do business. Building Forever is key to our purpose as it represents our ambitious and holistic sustainability framework and is central to our ability to deliver long-term value to our communities and partners. This shapes how we protect our social and environmental license to operate, build a long-term legacy in our host communities and earn consumers’ trust in our diamonds that they can wear with pride.

Background Checks

Successful candidates will be required to complete background screening which may include a criminal check and validation of qualifications.

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