VAT Compliance Assistant-1

Posted 8 Hours Ago
Be an Early Applicant
Budapest, HUN
In-Office
Mid level
Other
The Role
Support ASC 740 tax provision, compliance, and audit tasks for a multinational: prepare and review quarterly/annual ASC 740 calculations and foreign tax packages, tax journal entries, reconciliations, FIN 48 questionnaires, and audit tracking; liaise with foreign finance teams; maintain work papers; monitor tax law developments and support team projects and technical development.
Summary Generated by Built In

This position is responsible for assisting the Department Director and Managers in carrying out the provision, tax planning, compliance, and audit functions for a US-based multi-national corporation.
Your role:

  • Preparation/review of quarterly foreign tax packages for ASC 740 reporting including communication with foreign finance teams

  • Preparation/review of quarterly and annual ASC 740 calculations, including foreign, federal, and state

  • Preparation of tax-related journal entries and corresponding general ledger reconciliations

  • Review of quarterly foreign FIN 48 questionnaires, foreign and domestic audit tracking, and preparation of quarterly calculations including communication with foreign finance teams

  • Develop solid expertise in Flowserve’ accounting policies, practices, and systems

  • Maintain standardized and well documented work papers to facilitate review

  • Monitor developments in laws to ensure Flowserve’s compliance

  • Collaborate with other tax department members on projects

  • Continue to strengthen tax technical skills through professional education and seminars

Your profile:

  • BS or BA Degree in relevant field and 3-5 years relevant experience

  • Relevant, progressive experience in ASC 740 for a multinational company

  • Strong written and oral communication skills both in English and in Hungarian

  • Strong understanding of Tax and GAAP principles

  • Ability to gather, organize and analyze data

  • Strong problem solving and analytical skills

  • Ability to work with minimal daily supervision

  • Proficient with Microsoft Office products, particularly advanced Excel

  • Experience with OneSource provision software

  • Tax research skills including proficiency in CCH, RIA, and/or BNA research software

  • Experience with Sharepoint, SAP BPC, and SAP ERP

  • CPA or CPA candidate is preferred

What we offer you:

  • Friendly multicultural environment and team events

  • Life, accident and health insurance

  • Cafeteria Package

  • Career development and training opportunity

  • Opportunity for hybrid work 

Skills Required

  • BS or BA degree in a relevant field and 3-5 years relevant experience
  • Progressive experience in ASC 740 for a multinational company
  • Strong written and oral communication skills in English and Hungarian
  • Strong understanding of Tax and GAAP principles
  • Ability to gather, organize, and analyze data
  • Strong problem solving and analytical skills
  • Ability to work with minimal daily supervision
  • Proficient with Microsoft Office products, particularly advanced Excel
  • Experience with OneSource provision software
  • Tax research skills including proficiency in CCH, RIA, and/or BNA research software
  • Experience with SharePoint, SAP BPC, and SAP ERP
  • CPA or CPA candidate

Flowserve Corporation Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Flowserve Corporation and has not been reviewed or approved by Flowserve Corporation.

  • Retirement Support Retirement programs are described as strengthened with an enhanced 401(k) match, added employer contributions, and a shorter vesting schedule following recent plan changes. Feedback suggests this compares well with large‑company norms and is a notable part of total rewards.
  • Healthcare Strength Core medical, dental, and vision coverage with HSA/FSA options is described as solid, complemented by life/disability insurance and an EAP. Feedback suggests overall health benefits are comprehensive for a large industrial employer.
  • Equity Value & Accessibility An employee stock purchase plan with a company match makes equity participation accessible and financially attractive. Feedback suggests this feature stands out versus typical offerings and adds meaningful value.

Flowserve Corporation Insights

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The Company
HQ: Irving, TX
11,823 Employees
Year Founded: 1997

What We Do

Flowserve is one of the world's largest manufacturers of pumps, valves and seals with over 19,000 employees in over 60 countries. Built on more than 50 world-renowned heritage brands, the equity and customer loyalty we have earned over the past 220 years is the foundation of our leadership position across the globe.

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