At a Glance
- Tasks: Manage direct tax compliance and reporting for UK, Europe, and APAC regions.
- Company: Join a leading global re/insurance group with a collaborative culture.
- Benefits: Enjoy competitive salary, wellness reimbursements, and flexible working options.
- Other info: Opportunities for professional development and a supportive team atmosphere.
- Why this job: Make a real impact in a dynamic environment while developing your career.
- Qualifications: 6+ years experience, qualified accountant, strong knowledge of UK and international tax.
The predicted salary is between 70000 - 85000 £ per year.
The Tax Manager will report to the EU Head of Tax and be responsible for managing the reporting and direct tax compliance for the UK, European and APAC region, as well as providing ad-hoc tax support to the business.
The Tax Manager will also be responsible for managing the group’s Pillar II and transfer pricing obligations.
What you will be doing
- Tax Reporting
- Managing the quarterly and annual reporting process for the International region (US GAAP reporting).
- Ensuring that tax provisions and prior year adjustments are booked accurately and on time.
- Take ownership of the reconciliation of the balance sheets corporate tax accounts including reconciliation of deferred tax assets & liabilities and calculation of valuation allowances.
- Preparation of notes to include in the group accounts.
- Managing tax cash forecast.
- Preparation of the quarterly Glo BE top-up tax calculation.
- Preparation of the quarterly UTP, Valuation Allowance and annual Pillar II memos.
- Managing the quarterly/year end support files for the external auditor.
- Input into the preparation of quarterly Board presentations.
- Manage the Pillar II obligations for the group.
- Working with the wider tax function, the business and external advisors to ensure all required Pillar II compliance obligations are met.
- Corporate Tax Compliance
- The corporate tax compliance encompasses the Enstar legacy run-off businesses, as well as the syndicate business (corporate names, managing agent and syndicate).
Responsibilities include but aren’t limited to
- Managing the compliance process ensuring that all the UK, European and APAC corporate tax returns are submitted on time (circa 20 per annum).
- Ensure that the European tax compliance is prepared, reviewed and submitted in a timely manner.
- Ensuring that all corporate tax payments are made on time.
- Liaise with HMRC, to resolve queries and maintain a good working relationship.
- Liaise with overseas advisors as and when required.
- Finance Data Transformation
- Support with tax aspects of groupwide implementation of new general ledger system.
- Ensure all tax processes and controls remain robust post implementation of the new general ledger.
- Manage the transfer pricing requirements for the group, including;
- Master and local files
- Ensuring the business understand and adhere to the policy
- Ad-hoc Business Support
- Manage tax audits in the region with the support of internal resources and/or external advisors.
- Liaise with external advisors where required.
- Monitor legislative changes which may impact Enstar.
What you will bring
- Minimum of 6 years’ experience.
- Qualified accountant.
- CTA qualified (or qualified by experience).
- Proven experience of US GAAP.
- Good knowledge of UK GAAP and UK statutory reporting requirements.
- Very good technical knowledge of UK Corporation Tax and a good understanding/awareness of international tax issues.
- Strong communication skills – comfortable liaising with colleagues and business stakeholders of all levels.
- Experience of One Source reporting tool.
- Experience of Alpha Tax software.
- Previous experience in a similar Tax / role in Industry including the Lloyd’s insurance market.
- European Tax compliance experience.
- Ability to support/train junior colleagues.
- Willingness to be “hands-on” with work tasks whilst working closely with the team.
- Strong, proactive work ethic.
- Ability to prioritise workload with strong organisational skills.
- Pension (Enrolment is automatic on joining with a 10% employer contribution)
- Dental Insurance (This is an optional taxable benefit available to employee, spouse, and dependents)
- Medical Insurance (This is an optional taxable benefit available to employee, spouse, and dependents through a private health network)
- Travel Insurance (As an employee you are automatically enrolled with business and leisure travel insurance with single, couple, family, or single parent family coverage options.)
- Eligible company funded annual 360 Health Assessment.
- Voucher for free annual eye examination.
- Option to loan a bicycle and safety equipment tax free.
- Wellness Reimbursement program (up to 700 pounds annual reimbursement for wellness related expenses, i, gym memberships, massage, etc.).
- Tusker - Electric Vehicle (A fixed monthly amount is taken directly from your gross salary and, in return, you get the use of a brand new electric car.).
- Optional Critical Illness coverage
- Automatic coverage provided by income protection programme
- Access to Employee Assistance Programs (EAP) for health and wellbeing
Who we are
We are a trusted global re/insurance group and the leading provider of retrospective solutions, with specialist underwriting capabilities.
We help our clients manage risk, unlock capital and create the financial freedom to grow.
With operations across the world’s major insurance hubs and a global network of close to 800 talented professionals, we bring expertise and fresh thinking to some of the industry’s biggest challenges.
For more information about Enstar, visit our website: www. enstargroup. com.
For more information about careers at Enstar, visit our Linked In Life page or visit our careers site
Why Enstar
Learning and development are a fundamental part of every employee's career journey with Enstar.
Supporting growth and career progression is key to how we engage our people - helping them to learn, grow and succeed at Enstar.
We offer a range of initiatives and resources to support our people throughout their careers:
Professional Qualifications and Study Support
We support employees who wish to take professional qualifications aligned to their role and career development.
Training, Conferences & Seminars
As a global organisation, we work with many professional bodies to provide access to training programmes, conferences, seminars and continuing professional development (CPD) opportunities.
Digital Learning Hub
Our digital learning hub, Linked In Learning, offers a wide range of self-serve resources, including courses, videos, e Books, and audio books, to help employees build news skills and deepen their knowledge.
We also invest in physical, mental and financial wellbeing initiatives for our employees.
Supportive teams, inspiring work and a positive working environment all contribute to our collective wellbeing.
Beyond the workplace, we strive to make a positive influence in our communities and to continuously reduce our impact on the environment.
Enstar Inclusivity Policy
We’re an equal opportunity employer and believe that our inclusive environment creates an authentic working culture.
We don’t discriminate on the basis of age, physical or mental disability, gender reassignment, marriage and civil partnership, pregnancy and carer status, race (including colour, nationality, and ethnic or national origin), religion or belief, sex and sexual orientation.
Enstar is committed in providing an accessible recruitment experience for all those interested in working with us.
Please let your Enstar Recruitment Partner know if you require any reasonable accommodation during the application process due to a disability to enable you to fully participate in our recruitment process.
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Direct Tax Manager employer: Enstar Group
Enstar Group is an exceptional employer, offering a dynamic work culture in Greater London that prioritises employee well-being and professional growth. With comprehensive benefits such as medical and wellness reimbursement programs, employees are supported both personally and professionally, fostering a collaborative environment where innovation thrives. Join us to be part of a team that values your contributions and encourages continuous development in the ever-evolving field of cloud operations.
StudySmarter Expert Advice🤫
We think this is how you could land Direct Tax Manager
✨Join Tax Networks
Get involved in tax-focused networks or associations, like the Chartered Institute of Taxation. These communities often host events and workshops which can help you make connections with industry professionals, plus they might even have job boards exclusive to members.
✨Attend Industry Events
Keep an eye out for tax-related conferences and seminars. Events like these are not only great for learning but also for meeting potential employers face-to-face. Use these opportunities to ask questions and express your interest; it’s all about putting a face to the name!
✨Leverage Social Media
Follow leading tax advisory firms, such as Enstar Group, on social media. Engage with their posts – comment, share insights, or even ask questions. This can help you get noticed and show your enthusiasm for the industry before you even apply!
✨Showcase Your Knowledge
Consider writing articles or blogs on tax trends and issues. Sharing your expertise on platforms like LinkedIn can boost your visibility and establish you as someone who is serious about a career in tax advisory. Plus, it gives you something to discuss when you land that interview!
We think you need these skills to ace Direct Tax Manager
Some tips for your application 🫡
Show Off Your Tax Knowledge:Make sure your CV highlights any relevant tax qualifications, certifications, or coursework you've completed. We want to see that you understand tax laws, regulations, and compliance issues—so detail your academic background or any practical experience in tax advisory to catch Enstar Group's eye!
Quantify Your Achievements:In the tax consultancy field, showing measurable outcomes from your previous work can set you apart. Use your CV to include specific examples of how your advice helped clients save money or avoid penalties. Numbers speak volumes in our industry and can really highlight your impact.
Tailor Your Cover Letter:Your cover letter is your chance to express why you're passionate about tax consultancy and why you're excited about working at Enstar Group. Share any personal experiences or insights that fuel your interest in the tax advisory field—let your enthusiasm shine through!
Keep It Professional but Approachable:While your written application should maintain a professional tone, don’t be afraid to let a bit of your personality show. Tax advisory is about building relationships, so if you can convey your approachable nature in your writing, that's a bonus when applying for this full-time role at Enstar Group!
How to prepare for a job interview at Enstar Group
✨Know Your Tax Fundamentals
Brush up on the core principles of tax law, especially recent updates that might affect clients. During the interview, we could face scenario-based questions where we'll need to apply these principles to solve problems, so get comfy with hypothetical situations!
✨Show Your Analytical Skills
Tax advisory isn't just about knowing the rules; it’s about interpreting them. Make sure to prepare examples from your previous studies or experiences where you successfully analysed complex data. We want to demonstrate how we can bring those analytical skills to the table for Enstar Group.
✨Understand the Consulting Aspect
Since this is a full-time role, the interview might involve discussing how we communicate tax strategies to clients. Think about times we've interacted with clients or presented technical information in a digestible way. This shows we’re not just tax boffins but can also connect with people!
✨Your Long-Term Vision
As we're aiming for a full-time position, it's important to convey our enthusiasm and long-term interest in tax advisory. Be prepared to chat about why we’re passionate about this field and how we see ourselves growing within Enstar Group. It helps to show our commitment!