At a Glance
- Tasks: Assist in UK corporation tax compliance for banking entities and manage tax computations.
- Company: Join a leading financial institution focused on innovation and excellence in banking.
- Benefits: Enjoy flexible working options, professional development, and a vibrant workplace culture.
- Why this job: Gain hands-on experience in tax compliance while working with a dynamic team in finance.
- Qualifications: No specific qualifications required; training provided, but accounting knowledge is a plus.
- Other info: Opportunity to work with experienced professionals and develop valuable skills in taxation.
The predicted salary is between 36000 - 60000 £ per year.
Join us as a Corporate Tax Analyst. We’re looking for someone to assist in the delivery of UK corporation tax compliance processes for a portfolio of subsidiary entities. You’ll be responsible for supporting the corporation tax compliance requirements of our largest banking entities.
What you’ll do:
- Support our UK corporation tax compliance, managing a portfolio of group companies.
- Prepare the annual tax provisions and tax accounting disclosures for those companies.
- Liaise with Finance teams to gather information required for the preparation of the computations.
- Carry out initial research into tax technical issues.
- Finalise the tax computations ready for submission to HMRC.
- Assist with many of our tax responsibilities including:
- Group relief payment settlements and ledger management, alongside the preparation of internal relief settlement summaries and collections.
- Providing input into and assisting with the corporation tax processes and group relief plans for submission to HMRC.
- Managing corporation tax payments to and from HMRC.
- Gathering and manipulating data into an appropriate format to use in the preparation of the tax computations.
- Supporting and delivering specialist input and support where required such as the quarterly corporation tax instalment payment process, group relief plans and settlements or elections with HMRC, and assisting the year end group reporting process.
The skills you’ll need:
- Proven accounting abilities or experience in the preparation and review of tax charges and disclosures, including deferred taxation.
- A professional accounting qualification would be beneficial, as would an up-to-date knowledge of the UK corporation tax system, including legislative, non-statutory, and practical aspects; however, neither are essential and training will be provided.
- Demonstrate a general business and commercial awareness.
- A good working knowledge of Windows, Excel, and Word.
- The ability to handle a high volume workload on a regular basis within overall deadlines and service standards, and the flexibility to work overtime as required.
- A good understanding of how to deliver and maintain a best in class taxation service.
- Excellent interpersonal skills.
- An understanding of how to maintain close working relationships with other tax teams and how to collaborate with other business areas to achieve team and business objectives.
Corporate Tax Analyst employer: NatWest
Contact Detail:
NatWest Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Corporate Tax Analyst
✨Tip Number 1
Familiarise yourself with the UK corporation tax system. Understanding the latest legislation and practical aspects will give you an edge in discussions during interviews and show your commitment to the role.
✨Tip Number 2
Network with professionals in the tax field. Attend industry events or join relevant online forums to connect with others who work in corporate tax. This can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Brush up on your Excel skills, as data manipulation is a key part of this role. Consider taking an online course or using tutorials to enhance your proficiency, which will be beneficial when preparing tax computations.
✨Tip Number 4
Prepare to discuss your ability to manage high workloads and meet deadlines. Think of examples from your past experiences where you've successfully handled multiple tasks under pressure, as this will demonstrate your suitability for the role.
We think you need these skills to ace Corporate Tax Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in tax compliance and accounting. Emphasise any previous roles where you managed tax computations or worked with HMRC, as this will show your suitability for the Corporate Tax Analyst position.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific skills that align with the job description, such as your ability to handle high volumes of work and your knowledge of UK corporation tax. Use examples from your past experiences to illustrate your points.
Showcase Technical Skills: Highlight your proficiency in Excel, Word, and any other relevant software. If you have experience manipulating data for tax computations, be sure to include that. This will demonstrate your capability to perform the technical aspects of the role effectively.
Demonstrate Interpersonal Skills: Since the role requires collaboration with various teams, mention any experiences where you successfully worked with others to achieve common goals. This could include projects where you liaised with finance teams or contributed to group relief plans.
How to prepare for a job interview at NatWest
✨Showcase Your Tax Knowledge
Make sure to brush up on your understanding of the UK corporation tax system. Be prepared to discuss recent changes in legislation and how they might impact compliance processes. This will demonstrate your commitment to staying informed and your ability to handle the technical aspects of the role.
✨Highlight Your Accounting Experience
If you have experience in preparing tax charges and disclosures, be ready to share specific examples. Discuss any relevant projects or tasks you've handled in previous roles that align with the responsibilities of a Corporate Tax Analyst.
✨Demonstrate Your Interpersonal Skills
Since this role involves liaising with various teams, it's crucial to showcase your interpersonal skills. Prepare examples of how you've successfully collaborated with others in past positions, especially in high-pressure situations or when managing deadlines.
✨Prepare for Data Manipulation Questions
Given the importance of data handling in this role, be ready to discuss your experience with Excel and other data manipulation tools. You might be asked to explain how you would gather and format data for tax computations, so think through your approach beforehand.