At a Glance
- Tasks: Lead the UK tax agenda and manage relationships with HMRC and key stakeholders.
- Company: Join Diageo, a global leader in crafting iconic drinks.
- Benefits: Enjoy a competitive rewards package and flexible working options.
- Other info: Be part of a diverse team that values collaboration and personal growth.
- Why this job: Make a real impact on strategic tax projects and business initiatives.
- Qualifications: 6+ years of UK corporate tax experience and strong analytical skills required.
The predicted salary is between 75600 - 92400 £ per year.
This role is responsible for leading the entire tax agenda for the UK. The purpose of the role is to ensure effective management of Diageo’s UK corporation tax and indirect tax affairs. This includes acting as the primary engagement lead with HMRC on these matters as well as being a strategic partner to leaders of the UK business. The role requires excellent UK corporation tax knowledge, and a strong understanding of indirect tax would also be valuable.
Key accountabilities
- HMRC Engagement: Build and maintain an open and cooperative working relationship with HMRC’s Customer Compliance Manager and its Corporate Tax and VAT specialists. Take the lead on HMRC enquiries including the management of tax disputes, collaborating with Subject Matter Experts (SMEs) as needed with a One Team mindset.
- Stakeholder Partnership: Partnering Lead: tax interactions with key stakeholders across the UK businesses to provide direction and influence, ultimately enabling clear decisions and facilitating business competitiveness.
- Market Tax Risk Management: Monitor market tax risks taking action to detect, report, mitigate and track uncertain tax positions. Manage Market Tax Risk Meetings with UK Finance Directors and other key stakeholders to advise, guide and educate stakeholders on key tax issues.
- Strategic Tax Projects: Lead key strategic tax projects and partner with the business to provide specialist UK tax support on business initiatives, ensuring tax strategies and policies are adhered to and opportunities to deliver tax efficiencies are identified and fully evaluated.
- External Adviser Relations: Support the relationship with external tax advisers and hold them to account for the delivery of timely, cost effective and value add tax advice.
- Tax Compliance and Reporting: Contribute to the overall strategy for UK corporation tax and indirect tax matters and ensure our approach to UK tax compliance and reporting is robust. Oversee the UK corporation tax return and VAT return process, provide specialist tax input on material issues and review judgements made during the preparation process.
- Updates and Coaching: Keep up to date with UK tax law changes and HMRC practice to ensure that all necessary changes are implemented in a timely and correct manner, and all impacted stakeholders are informed accordingly and ensure active engagement with Corporate Relations. Provide coaching and training to develop UK tax knowledge in members of Global Tax involved in the UK tax compliance and reporting processes.
- Industry Engagement: Contribute to relevant industry forums, engaging in specialist areas relevant to Diageo to share knowledge and intelligence with other large corporates.
Experience/skills required
- University / College Degree in finance/business/law/Tax.
- Thorough technical knowledge of UK tax legislation.
- 6+ years UK corporate tax experience.
- Working knowledge of indirect tax preferred.
- Accounting background with strong analytical skills.
- Experience of compliance, tax reporting and/or tax audit.
- Professional accountancy or tax qualification.
- Experience of dealing with HMRC.
- Excellent interpersonal, business partnering and influencing skills.
- Commercially astute; analytically strong strategic thinker with a global perspective.
- Ability to work independently, organise, and prioritise workload effectively, while being able to work within a strong team-oriented environment.
- Energy and drive to be decisive, collaborative and make things happen.
Working with Us
Flexibility is key to our success. Talk to us about what flexibility means to you so that you’re supported to manage your wellbeing and balance your priorities from day one.
Rewards and Benefits
We recognise and value performance, offering our people a highly competitive Rewards and Benefits package.
Our purpose and culture
Our purpose is crafting iconic drinks chosen for life’s moments. And it’s our people, with their different experiences, perspectives and talents, who make that possible. We value diversity in its broadest sense and want everyone to feel they can belong, contribute and strive for their personal best. You’ll work alongside people with different backgrounds, experiences and perspectives — challenging, supporting and learning from one another as one outstanding team. Together, we’re constantly learning and improving, combining the strength of our people, capabilities and iconic brands to raise the bar, grow and win. Wherever you join us, you’ll have the opportunity to contribute, make an impact and play your part in making life’s moments mean a little more. Ready to bring your best? This could be your opportunity.
Associate Director UK Tax in London employer: Diageo
Diageo is an exceptional employer, offering a dynamic work environment in Runcorn where you can lead a dedicated team in the bottling operation of some of the world's most iconic drinks. With a strong focus on employee development, diversity, and continuous improvement, you'll have the opportunity to make a meaningful impact while enjoying a supportive culture that values your contributions and well-being. Join us to craft memorable moments and grow your career in a globally recognised brand.
StudySmarter Expert Advice🤫
We think this is how you could land Associate Director UK Tax in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Diageo. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Associate Director UK Tax in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Diageo.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Diageo's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Diageo
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Diageo.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Diageo will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Diageo employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.