Principal Tax Accounting
Apply now Date: 3 Jul 2025 Location:
US
Company:
Woodside Energy Ltd
About Woodside Energy
We know great results come from our people feeling valued, getting the support they need to reach their full potential as well as bring their whole self to work. We also recognise that enduring, meaningful relationships with communities are fundamental to maintaining our licence to operate. Technology and innovation are essential to our long-term sustainability. We are growing our carbon and new energy businesses using technology to reduce emissions and the carbon footprint of our products. We are working to improving energy efficiency, offset emissions, reduce emissions intensity and explore options for lower-carbon energy. Woodside led the development of the LNG industry in Australia and is applying this same pioneering spirit to solving future energy challenges. Our global headquarters arebased in Perth and our state-of-the-art campus reflects the quality of life Perth is known for - with a six Green Star rating, advanced wellness features and flexibility in how you work. About the Role:
The purpose of the position is to provide efficient, accurate and timely delivery of income tax effect accounting process for International Operations. The position is responsible for monthly, annual and reporting period end income tax accounting deliverables. Duties & Responsibilities:
Leadership
- Identifies and assesses risks, including making risk informed decisions, to support safe and productive performance outcomes.
- Facilitate the embedding of standard finance processes/systems as they relate to tax effect accounting and processes
- Champion & drive process improvement initiatives to improve team efficiency & global standardization where applicable
- Ability to work with multiple stakeholders across functions and jurisdictions
Key Stakeholders
- Works directly with Houston based Tax team, Finance Business Partners, and GFC team on emerging issues impacting tax accounting
- Owns external & internal audit requests for information from Internal Audit, PWC and government regulators
- Responds to queries and supports any required analysis
Accounting & Technical
- Governance oversight ensuring compliance with WMS Documents, SOX controls, and Woodside Accounting policy as it relates to application of income tax accounting
- Analysis and documentation of accounting standards application, primarily IAS 12, including technical accounting adviceand justification for internal and external stakeholders
- Manage themonthlynotionalincome tax effect accounting process
- Manage reporting period income tax effectprocess and deliverables includingcalculation,review and analysisof deferredtaxbalances
- Manage income tax effectaccountingfor subsidiaries, includingassessment ofdeferred tax balances, andpreparation oftax disclosuresrequired for statutoryfinancialstatements
- Provide support to the budgeting and planning team inreviewingbudgetedtaxassumptions
- Collaboration with Tax group on responsibilities in the tax system (OTP), including administrator duties, inputs and booking of output to SAP
- Oversee reviews and understanding of applicable US regulation to ensure proper calculation and timely settlement of all royalty related items
- Prepares internal reports for royalty accruals, distribution, and payments in alignment with internal requirements
Skills & Experience:
- Experience working with regulatory agencies in an audit environment
- Significant experience working in an SAP-based (or similar large ERP system) general ledger, business warehouse and consolidation system environment.
- Understanding of and experience in working with various sub-systems that feed the Revenue systems.
- Track record of championing process improvements
- Stakeholder focus
- Familiarity and application of IAS 12 and general tax effect accounting
- Experience with producing IFRS compliant tax disclosures
- Performs analysis to provide insight to decision making
- Translates strategic direction into practical plans and can adapt to changing priorities
- Identifies and implements process improvements
- Detail oriented and strong organizational skills
If you think you can do this job but don't meet all the criteria, that's OK! Please apply. At Woodside, we value people with diverse experiences and backgrounds, as they provide unique perspectives that help us innovate. What you can expect from us:
- Commitment to your ongoing development, including on-the-job opportunities, formal programs, coaching and mentoring
- Industry-leading 18weeks paid parental leave for primary carer,and maintenance ofsuperannuation or retirement benefits at the current rate during any period of unpaid parental leave for up to 24 months(plus secondary carer leave entitlements)
- Values led culture
- Active employee community groups for gender equality, reconciliation between Indigenous and non-Indigenous Australians, and LGBTI+ staff and allies, and Neurodiversity
- Community volunteering opportunities
- Relocation assistance (if required)
- A competitive remuneration package featuring performance-based incentives and above-industry superannuation contributions
- Woodside is committed to fostering an inclusive and diverse workforce culture, which is supported by our Values. Our aim is to attract, develop and retain a truly diverse and high-performing workforce.
- Diversity encompasses differences in age, nationality, race, ethnicity, national origin, religious beliefs, sex, sexual orientation, intersex status, gender identity or expression, relationship status, disability, neurodiversity, cultural background, thinking styles, experience, family background, including caregiving commitments, and education. Inclusion centers on all employees creating a climate of trust and belonging, where people feel comfortable to bring their whole self to work.
- We offer supportive pathways for all employees to grow and develop leadership skills. We encourage applications from Aboriginal and Torres Strait Islander people and those seeking a more flexible working environment, including part-time opportunities
Applications close on 23 July 2025. Click APPLY to submit your application Please note Woodside Energy will only accept direct candidate applications. We do not accept applications from Recruitment Agencies.
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