At a Glance
- Tasks: Join us to manage tax operations and ensure compliance across the UK and EMEA.
- Company: Citi is a leading global bank with a diverse and inclusive culture.
- Benefits: Enjoy flexible working hours, home office options, and an attractive benefits package.
- Why this job: Be part of a tech-driven transformation in tax operations and collaborate with global teams.
- Qualifications: Experience in tax operations and knowledge of VAT regulations are essential.
- Other info: Opportunities for career growth in a multicultural environment.
The predicted salary is between 43200 - 72000 £ per year.
We are seeking a detail oriented and solutions-driven senior tax operations expert to join our team in London. This role will support the execution of indirect tax operations and regulatory compliance across the UK and EMEA clusters, contributing to our global tax operations strategy. This role will be responsible for ensuring accurate local withholding tax treatment & tax authority reporting for the Europe cluster. The role offers a unique opportunity to support technology enabled transformation, collaborate with global and regional stakeholders and gain exposure to emerging tax trends such as e-invoicing and digital reporting. This position also requires interaction with bankers, clients, government tax authorities and external stakeholders.
Responsibilities:
- Manage client tax operations across the UK, EMEA cluster, including accurate tax reconciliations and reporting.
- Ensure compliance with local tax legislations and internal policies.
- Liaise with in-country corporate tax and legal teams to operationalize new or changing VAT/GST rules.
- Assist in the interpretation and implementation of regulatory requirements such as EU ViDA, SAF-T, and local e-invoicing mandates.
- Govern tax operations services provided by shared service centers (CSC), ensuring consistent standards, service quality and strong control frameworks.
- Represent the region in global tax governance forums, driving alignment with enterprise tax strategies.
- Partner with local corporate tax & finance teams to monitor, interpret and operationalize changes in VAT/GST legislations.
- Engage with local tax authorities, manage operational audits, and oversee regulatory submission and inquiries.
- Collaborate with cross functional stakeholders (Finance, product, tech, legal) to drive digital tax transformation and enhance process efficiency.
- Identify, assess, and mitigate operational and tax risks through proactive controls, timely escalations and remediation efforts.
- Support additional regulatory tax reporting such as U.S. Qualified Intermediary, FATCA, and Automatic Exchange of Information (CRS Reporting).
- Collaborate with client-facing teams to guide proper tax form collection and status classification.
- Develop business requirements for system-related enhancements and manage the end-to-end implementation of new or amended taxes.
Qualifications:
- A good track record of experience in tax operations, indirect tax compliance, or regulatory reporting in financial services.
- Working knowledge of UK and Europe VAT regulations, understanding of EU e-invoicing, ViDA or SAF-T frameworks is a plus.
- Familiarity with U.S. client tax documentation (W-8, W-9) and FATCA requirements.
- Proven track record of managing cross border teams and working with global tax, legal, finance and technology partners.
- Hands on experience with tax audits, remediation programs and process risk management.
- Knowledge about the Double Tax Treaty Agreements, International Taxation, Custody Operations, Relief at source and reclaim.
- Senior to advanced level experience in a related role with appropriate experience in people management preferred.
- Strong multi-tasking, organizational and time management skills with experience in continuously following up with various stakeholders and execution teams.
- Ability to take initiative, self-motivate and consistently demonstrate a results-driven mindset.
- Strong analytical skills with the ability to conduct detailed analyses of complex tax processes.
- High level of integrity and ability to handle sensitive and confidential information in compliance with client data privacy laws.
- Critical thinking and drawing logical conclusions.
Education & Skills:
- Bachelor's/University degree or equivalent experience, preferably in finance and banking.
- Fluent English: Ability to communicate effectively verbally and in writing in a concise and coherent manner with international clients and bankers.
- Proficiency in tax software and MS Office Suite, particularly Excel.
- Demonstrate ability to work flexible across time zones in a global environment.
We offer:
- Exposure to a wide range of internal stakeholders as well as to senior management.
- Excellent global career growth opportunities.
- International and multicultural work environment.
- Management supporting balanced and agile work (flexible working hours, home office).
- A chance to make a difference with various affinity networks and charity initiatives.
- Attractive benefits package.
Senior Tax Operations Expert | London, UK employer: Citi
Contact Detail:
Citi Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Tax Operations Expert | London, UK
✨Tip Number 1
Familiarise yourself with the latest UK and EU VAT regulations, as well as emerging trends like e-invoicing and digital reporting. This knowledge will not only help you in interviews but also demonstrate your commitment to staying updated in the field.
✨Tip Number 2
Network with professionals in tax operations and compliance, especially those who have experience working with cross-border teams. Engaging with industry peers can provide valuable insights and potentially lead to referrals for the position.
✨Tip Number 3
Prepare to discuss your experience with tax audits and remediation programs in detail. Be ready to share specific examples of how you've managed operational risks and ensured compliance in previous roles.
✨Tip Number 4
Showcase your analytical skills by being prepared to discuss complex tax processes you've navigated. Highlight any tools or software you've used, particularly tax software and Excel, to enhance your efficiency in tax operations.
We think you need these skills to ace Senior Tax Operations Expert | London, UK
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in tax operations and compliance. Emphasise your familiarity with UK and European VAT regulations, as well as any experience with e-invoicing and regulatory reporting.
Craft a Strong Cover Letter: In your cover letter, demonstrate your understanding of the role's responsibilities. Mention specific examples of how you've managed tax operations or collaborated with cross-functional teams in the past.
Highlight Analytical Skills: Given the analytical nature of the role, include examples of how you've conducted detailed analyses of complex tax processes. This will show your capability to handle the responsibilities outlined in the job description.
Showcase Communication Skills: Since the role involves liaising with various stakeholders, highlight your communication skills. Provide examples of how you've effectively communicated with clients, tax authorities, or internal teams in previous roles.
How to prepare for a job interview at Citi
✨Showcase Your Tax Knowledge
Make sure to brush up on your understanding of UK and European VAT regulations, as well as emerging trends like e-invoicing and digital reporting. Being able to discuss these topics confidently will demonstrate your expertise and readiness for the role.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in tax operations. Prepare examples from your past experience where you successfully managed compliance issues or implemented new tax regulations, highlighting your analytical and critical thinking abilities.
✨Highlight Your Stakeholder Management Skills
This role involves liaising with various stakeholders, so be ready to discuss how you've effectively collaborated with cross-functional teams in the past. Share specific instances where your communication skills helped resolve complex tax issues.
✨Demonstrate Your Initiative and Results-Driven Mindset
Be prepared to talk about times when you took the initiative to improve processes or mitigate risks in tax operations. Show how your proactive approach has led to successful outcomes, which aligns with the company's focus on efficiency and transformation.