Description of business unit

The Financial Planning & Analysis Department is a key management reporting function within W&I, supporting management decision, enablement of the divisions strategy and tax compliance/reporting. The tax responsibilities cover taxes borne and paid directly by New Ireland and other subsidiaries plus taxes collected on behalf of the Revenue Commissioners from policyholder payments.

The team is responsible for monthly performance reporting to the BOI Group, New Ireland Board and W&I Management including periodic Board updates, input to QBR reporting, monthly cost management reporting and managing the forecasting and budget planning cycles.

Embedded within the Department is the Tax team. The team is responsible for the tax compliance obligations across Ireland, United Kingdom, Netherlands and France in additional to various EU, OECD and US reporting obligations. In additional the function is responsible for the reporting of tax data for local statutory accounting purposes and for consolidation within the Bank of Ireland Group.

Purpose of the Role

Reporting to the Tax Accountant, the role holder will assist the Tax Accountant in the management of both tax compliance and tax reporting. The role will primarily be responsible for providing clear and accurate Irish tax advice to the business while assisting the Tax Accountant with Irish & UK tax filings.

Key Accountabilities

• Providing tax advice to the customer service division within NIAC including researching the relevant topic.
• Preparation of quarterly current and deferred corporation tax calculations and monthly corporate tax and deferred tax provisions.
• Responsibility for all filing of taxes excluding payroll e.g. Corporation Tax, VAT, Life Assurance Exit tax and Premium Levy.
• Ensuring that all tax returns are completed and filed on time.
• Preparation of Irish & UK VAT returns.
• Revenue / HMRC correspondence.
• Assist with and complete all Automatic Exchange of Information (AEOI) returns on behalf of New Ireland including CRS, Return of Payments and FATCA.
• Establish strong collaborative relationships with the Revenue Commissioners.
• Review changes in legislation, in particular after publication of the annual Budget and Finance Acts by the Department of Finance
• Ensure all tax risks and controls are recorded on Radar (internal risk and control recording system)
• Apply financial skills and business understanding to interpret, analyse and critically interrogate financial information, creating insights and solution-led outputs