Vat Compliance Assistant-1

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