At a Glance
- Tasks: Lead Banyan's UK and European tax function, managing compliance and audits.
- Company: Join Banyan Software, a top fast-growing software company focused on acquiring and growing enterprise businesses.
- Benefits: Flexible work location with a hybrid model; minimal travel required.
- Why this job: Exciting opportunity to challenge yourself in a dynamic M&A environment and advance your career.
- Qualifications: Bachelor’s degree in accounting or finance; significant UK corporate tax experience required.
- Other info: Banyan is committed to diversity, equity, and inclusion in the workplace.
The predicted salary is between 72000 - 108000 ÂŁ per year.
Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. We are on a mission to acquire, build and grow great enterprise software businesses all over the world that have dominant positions in niche vertical markets. In recent years, Banyan was named the #1 fastest-growing private software company in the US on the Inc. 5000 and amongst the top 10 fastest-growing companies by the Deloitte Technology Fast 500. Founded in 2016 with a permanent capital base setup to preserve the legacy of founders, Banyan focuses on a buy and hold for life strategy for growing software companies that serve specialized vertical markets.
Job Profile:
This is an exciting opportunity to join a fast-paced software consolidator on a significant growth trajectory with an unmatched M&A environment. This position is a newly created role and provides the unique opportunity to lead Banyan’s UK and European tax function. As the Tax Senior Manager, you will oversee the corporate income and indirect tax compliance for Banyan’s UK and European subsidiaries. Reporting to the Global Tax Director in North America and working closely with Finance and other tax team members, the ideal candidate will have a strong background in UK corporate income tax and exposure to corporate income taxes for different European countries. The candidate must be able to work independently and collaborate with other departments, including M&A, finance, and legal. This role requires a tax professional looking to challenge themselves in a fast-paced, highly acquisitive environment and advance their career in industry.
Responsibilities:
- Prepare, review and sign corporate income tax returns and supporting workpapers for Banyan’s UK subsidiaries.
- Manage and collaborate with external tax advisors to complete income tax returns for Banyan’s European subsidiaries in Ireland, Germany, Switzerland and more.
- Calculate current and deferred income taxes for Banyan’s UK and European subsidiaries under local GAAP and US GAAP.
- Manage indirect taxes for Banyan’s UK and European subsidiaries. Prepare, review, remit, and file UK and European VAT returns.
- Manage tax audits with the HMRC and other tax authorities in Europe.
- Work with the Global M&A Senior Tax Manager and perform pre-acquisition tax planning and due diligence on potential UK and European acquisitions.
- Review tax related items in opening balance sheet and purchase price accounting calculations for UK and European acquisitions.
- Work with the Global Tax and Treasury teams to repatriate cash using tax efficient methods. Ensure withholding tax requirements are met.
- Prepare and review transfer pricing calculations for Banyan’s UK and European subsidiaries. Ensure transfer pricing reports and contemporaneous documentation are timely completed with the assistance of external advisors. Manage transfer pricing payments to ensure they are timely settled and properly recorded.
- Complete ad hoc tax projects, including tax research, analysis, and written memos.
Qualifications for success:
- Bachelor’s degree in accounting or finance.
- Significant UK corporate income tax accounting and returns experience. Experience must include preparing, reviewing, and signing UK corporate income tax returns and calculating current and deferred income taxes for a multi-national company.
- Experience managing corporate income and indirect taxes for European entities in countries such as Ireland, Switzerland, Germany, and Finland.
- Experience collaborating with Finance and Legal teams, as well as experience liaising with the HMRC and European tax authorities.
- Mergers and acquisitions tax planning and due diligence experience required.
- Cross-border tax experience, such as applying for and obtaining double tax treaty relief within Europe.
- Strong verbal and written communication skills, including experience writing tax memorandums.
- Strong analytical and problem-solving skills.
- Excellent attention to detail and ability to manage multiple priorities.
- Highly motivated and energetic with interest in entrepreneurship, software, and finance.
Location + Travel
- Our UK head office is in the City of London, near Fenchurch Street station.
- We are open to where people are based in the UK, but would ideally want someone who is open to being in the office two days per week.
- Extensive travel is not expected in this role, but there may be a need to travel to our European entities or our global HQ in Toronto, Canada a couple of times a year.
Diversity, Equity, Inclusion & Equal Employment Opportunity at Banyan: Banyan affirms that inequality is detrimental to our Global Teams, associates, our Operating Companies, and the communities we serve. As a collective, our goal is to impact lasting change through our actions. Together, we unite for equality and equity. Banyan is committed to equal employment opportunities regardless of any protected characteristic, including race, color, genetic information, creed, national origin, religion, sex, affectional or sexual orientation, gender identity or expression, lawful alien status, ancestry, age, marital status, or protected veteran status and will not discriminate against anyone on the basis of a disability. We support an inclusive workplace where associates excel based on personal merit, qualifications, experience, ability, and job performance.
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Senior Tax Manager (UK & Europe) employer: Tbwa Chiat/Day Inc
Contact Detail:
Tbwa Chiat/Day Inc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Tax Manager (UK & Europe)
✨Tip Number 1
Familiarize yourself with the specific tax regulations in the UK and the European countries mentioned in the job description, such as Ireland, Germany, and Switzerland. This knowledge will not only help you stand out but also demonstrate your commitment to understanding the complexities of cross-border taxation.
✨Tip Number 2
Network with professionals in the tax field, especially those who have experience in mergers and acquisitions. Engaging with industry peers can provide valuable insights and potentially lead to referrals that could enhance your application.
✨Tip Number 3
Showcase your analytical and problem-solving skills during interviews by preparing examples of how you've successfully navigated complex tax issues in previous roles. This will highlight your ability to thrive in a fast-paced environment like Banyan's.
✨Tip Number 4
Research Banyan Software’s recent acquisitions and growth strategies. Understanding their business model and how your role as a Senior Tax Manager fits into their objectives will allow you to tailor your discussions and show your enthusiasm for contributing to their mission.
We think you need these skills to ace Senior Tax Manager (UK & Europe)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Senior Tax Manager position. Tailor your application to highlight your relevant experience in UK corporate income tax and European tax compliance.
Highlight Relevant Experience: In your CV and cover letter, emphasize your significant experience with UK corporate income tax returns and managing indirect taxes for European entities. Mention specific countries you've worked with, such as Ireland, Germany, and Switzerland.
Showcase Collaboration Skills: Banyan values teamwork across departments. Be sure to include examples of how you've successfully collaborated with finance, legal teams, and external tax advisors in your previous roles.
Demonstrate Analytical Skills: Provide examples in your application that showcase your strong analytical and problem-solving skills. Mention any relevant projects or experiences where you had to analyze complex tax issues or prepare detailed tax memorandums.
How to prepare for a job interview at Tbwa Chiat/Day Inc
✨Showcase Your Tax Expertise
Be prepared to discuss your experience with UK corporate income tax and your familiarity with European tax regulations. Highlight specific examples where you've successfully managed tax compliance or audits, especially in a multi-national context.
✨Demonstrate Collaboration Skills
Since the role involves working closely with Finance, Legal, and M&A teams, share instances where you've effectively collaborated across departments. Emphasize your ability to communicate complex tax issues clearly to non-tax professionals.
✨Prepare for Technical Questions
Expect questions related to tax planning, compliance, and reporting under both local GAAP and US GAAP. Brush up on recent changes in tax legislation that could impact corporate income tax and be ready to discuss how you would apply this knowledge in practice.
✨Express Your Interest in the Company’s Mission
Banyan Software is focused on acquiring and growing enterprise software businesses. Show your enthusiasm for their mission and how your background in tax can contribute to their growth strategy, particularly in the context of M&A activities.