At a Glance
- Tasks: Ensure Xero's products comply with local regulations and collaborate with various teams.
- Company: Xero is a global leader in small business software, committed to compliance and innovation.
- Benefits: Enjoy flexible working hours, remote work options, and a supportive community of experts.
- Why this job: Join a dynamic team shaping the future of regulatory compliance for small businesses.
- Qualifications: Bachelor's degree in relevant fields and 7+ years of experience in taxation or compliance.
- Other info: Work with global teams and engage with government agencies to influence regulatory changes.
The predicted salary is between 43200 - 72000 ÂŁ per year.
This role is essential to ensuring that the products Xero builds comply with the local government regulations and therefore, plays an integral role in directly contributing to the Xero Vision to be the most insightful and trusted small business platform.
What you’ll do:
- Define and execute the operating model and risk frameworks by which Xero reviews its product against current and proposed legislation in region, working closely with stakeholders from Product, Technology, GTM, Legal and other groups.
- Review future product features and functionality (typically with a 1-3 year outlook), providing input during the planning phase, to ensure they align with current and proposed legislation and regulatory requirements.
- Work with product teams to help them understand relevant requirements and translate these into accurate technical specifications.
- Be an active member of the internal community of regulatory and product subject matter experts, supporting those in other regions performing a similar function and our in-region specialists.
- Work with government agencies and professional bodies (in particular tax authorities and those driving compliance requirements in product), to represent Xero and participate in technical working groups, ensuring we build strong communication channels to support implementation and collaboration opportunities around future changes in regulatory requirements.
- Support M&A teams on awareness of regulatory requirements that may impact their proposals.
- Assist the product team and extended business with day-to-day regulatory compliance queries.
Xero is a global business, so while your focus is in-region, it will be necessary for you to regularly work with teams who are globally dispersed and may result in meetings and collaboration with colleagues in other timezones (and outside the “standard business hours” of your region).
The business has a clear understanding in region of:
- The regulatory requirements that our customers, users and software products need to comply with, particularly in respect to accounting, tax calculations, payroll, cyber security, reporting and record keeping.
- The upcoming regulatory change and subsequent areas of our platform likely to be impacted, and the opportunities this change offers Xero and small business.
- The regulatory risk map, related plans and timelines, and impacts to our key strategic priorities.
Critical competencies:
- Bachelor’s degree or higher in Accounting, Commerce, Law, Taxation, Finance or similar.
- Qualified accountant or bookkeeper and current member of professional body.
- Highly advanced and specialist understanding of regional regulatory requirements that impact or drive data and returns flowing in/out of the tax authorities (broadly around income tax, sales tax, payroll and related cyber security requirements).
- Highly advanced and specialist knowledge of regional requirements around accounting and reporting obligations.
- Exceptional communication skills (written and verbal).
- Ability to translate complex technical regulatory detail into natural English, providing in-depth evaluation and interpretation for use by key stakeholders such as product and technology leadership teams, business analysts and developers.
- Confident and accurate decision making skills when working on significant and specialist issues.
- Thrive on managing your own time and approach to work, with a ruthless prioritisation of time and projects, a strong results & delivery attitude and equally happy with independent vs team-based work.
- The ability to build strong networks, including remotely.
Experience:
- 7+ years experience in public practice with focus on taxation, compliance or business services.
- 5+ years working collaboratively in technology, software or with Revenue Agencies.
- Experienced in use of a broad range of accounting, tax and payroll software and the preparation of financial statements and tax returns.
- Experienced in writing technical advice addressing complex specialist issues, with in-depth analysis, evaluation and interpretation, often requiring the ability to gain acceptance or change of thinking.
- Experienced collaborating and working with a broad range of stakeholders including senior leadership, external customers, technical peers.
- Experience with risk assessments and product roadmaps is advantageous.
Xero is seen as a thought leader and is an active participant in working groups with the tax authorities and industry groups in the region, working to shape the most trusted and efficient regulatory landscape possible for Xero's small businesses and the communities they support.
Inside Xero we have a thriving community of regulatory subject matter experts who can support and challenge each other, to build excellence in what we do, how we do it and the speed we can respond to market changes.
Product Regulatory & Industry Advisory Manager employer: Xero
Contact Detail:
Xero Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Product Regulatory & Industry Advisory Manager
✨Tip Number 1
Familiarise yourself with the specific regulatory requirements in your region that impact accounting, tax calculations, and payroll. Understanding these nuances will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the regulatory and compliance fields, especially those who have experience working with technology companies. This can provide you with insights into industry trends and may even lead to referrals.
✨Tip Number 3
Stay updated on upcoming regulatory changes and how they might affect the products in the market. Being able to discuss these changes intelligently during your conversations will set you apart as a knowledgeable candidate.
✨Tip Number 4
Prepare to showcase your ability to translate complex regulatory details into clear, actionable insights for various stakeholders. Practising this skill will be crucial in demonstrating your fit for the role during discussions.
We think you need these skills to ace Product Regulatory & Industry Advisory Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Product Regulatory & Industry Advisory Manager position. Tailor your application to highlight how your experience aligns with the specific duties outlined in the job description.
Highlight Relevant Experience: In your CV and cover letter, emphasise your 7+ years of experience in public practice, particularly focusing on taxation, compliance, or business services. Provide examples of how you've worked collaboratively in technology or with Revenue Agencies, as this is crucial for the role.
Showcase Communication Skills: Given the importance of communication in this role, ensure that your application demonstrates your exceptional written and verbal communication skills. Include examples where you've successfully translated complex regulatory details into understandable language for stakeholders.
Tailor Your Cover Letter: Craft a compelling cover letter that not only outlines your qualifications but also expresses your passion for regulatory compliance and your understanding of Xero's vision. Mention how you can contribute to building strong communication channels with government agencies and professional bodies.
How to prepare for a job interview at Xero
✨Understand the Regulatory Landscape
Familiarise yourself with the local government regulations that impact Xero's products. Be prepared to discuss how these regulations influence product development and compliance, showcasing your knowledge of current and upcoming legislation.
✨Showcase Your Communication Skills
As this role requires translating complex regulatory details into understandable terms, practice articulating technical concepts clearly. Use examples from your past experience where you successfully communicated intricate information to diverse stakeholders.
✨Demonstrate Stakeholder Collaboration
Highlight your experience working with various teams, such as Product, Technology, and Legal. Prepare to discuss specific instances where you collaborated effectively to achieve compliance goals or navigate regulatory challenges.
✨Prepare for Scenario-Based Questions
Expect questions that assess your decision-making skills in regulatory contexts. Think of scenarios where you had to prioritise tasks or manage time effectively while ensuring compliance, and be ready to share your thought process and outcomes.