At a Glance
- Tasks: Ensure tax compliance and provide guidance on tax matters for UK/EU entities.
- Company: Join a dynamic finance team in a leading financial services firm.
- Benefits: Enjoy hybrid working, competitive pay, life insurance, and professional development.
- Other info: Participate in team-building events and community initiatives.
- Why this job: Make a real impact in tax management while enjoying a balanced work-life.
- Qualifications: Chartered Tax Adviser or equivalent with ~7 years of relevant experience.
The predicted salary is between 63000 - 77000 £ per year.
The Business Unit Tax Manager is responsible for ensuring tax Compliance of the UK/EU entities providing guidance on all tax matters.
He/she will work collaboratively to maintain and ensure robust tax controls, tax policies, and tax procedures are in place.
The role also provides guidance to the Business Unit senior management on tax matter and expected changes to legislative tax regime.
The position also oversees transfer pricing arrangements ensuring policies are in compliance and are accounted for correctly in the legal entities.
The role is part of the UK and EU Finance team based in London and Cyprus, assisting with group matters where required.
Responsibilities include
Reporting
- Preparation of month end tax calculations for Business Unit entities UK and EU.
- Transfer pricing compliance and calculations.
- Review of loss utilisation, group relief and overall ETR review.
- Coordination with external advisors for year-end current and deferred tax calculations
- Preparation of tax notes for financial statements and liaising with external auditors.
Direct Tax compliance
- Liaise with external advisors on the preparation and filing of UK corporate tax returns
- Manage Business Unit losses and group relief claims
- Calculation of quarterly instalment payments
- Oversight for EU entities, ensuring filing and payment deadlines are met
- Ownership and design of processes, risks and controls
VAT & GST
- VAT return compliance and VAT journals for UK VAT group, including partial exemption
- Liaise with external advisors on the preparation and filing of UK VAT returns.
- Advise on adhoc VAT queries as required
- Oversight for non EU entities VAT & GST requirements
Employment tax
- Liaise with HR and Finance teams to coordinate the preparation of P11Ds by external payroll
- Prepare and file annual PSA return, liaising with Finance and HR teams to ensure all reportable items are included
- Transfer pricing;
- Monitor and update transfer pricing arrangements for UK and EU entities.
- Maintain Master and Local file. Monitor new documentation across jurisdictions
- Ensure all intercompany agreements are up to date and reflect current business operations.
- Ensure transfer pricing arrangements are properly accounted for in each legal entity.
- FATCA / CRS
- Preparation and UK filing of annual IRS, FATCA & CRS reporting (assistance from external advisors)
- Assisting onboarding team with (adhoc) queries relating to WHT, FATCA / CRS status and W8 forms
Qualifications
- Chartered Tax Adviser (CTA) or equivalent accounting qualification e. g. ACA/ACCA
- Bachelor's degree in finance and Tax related field.
- ~7 years post chartered experience in a similar role within the financial services industry, preferably with an understanding of financial instruments, Fin Tech, trading platforms.
Skills
- Strong analytical and problem-solving skills.
- Knowledge of tax reporting in an FCA regulatory reporting environment
- Excellent communication and interpersonal skills.
- Attention to detail and a commitment to maintaining high standards of accuracy.
- Excellent leadership skills, with a track record of building and developing finance teams is essential.
Personal Specifications
- Drive and enthusiasm - a genuine desire to assist the business
- Experience with general ledger and subsidiary ledger processing and related controls
- A working knowledge of SAP general ledger system and accounting related journal postings
- Strong problem-solving skills
- A positive attitude and good team-work skills
- Excellent communication skills (written and oral)
- Good at relationship building and influencing
- Conscientious with attention to detail
- Ability to prioritise tasks and deliver output
- Ability to identify and implement process improvements and a commitment to improve the effectiveness of process
- Hybrid working Model & Work-life balance (3 days in office 2 days wfh)
- Just Eat lunch Wednesdays
- Life insurance
- Competitive & Performance-Driven Compensation
- Professional Development & Career Progression
- Team Building & Social Events
- Community Perks (team initiatives, and workplace amenities)
- #J-18808-Ljbffr
Tax Manager in London employer: Finalto
Finalto is an exceptional employer that fosters a dynamic work culture in the heart of Greater London, offering employees the chance to thrive in a collaborative environment. With a strong emphasis on professional development, we provide ample opportunities for growth and advancement, ensuring that our team members are well-equipped to navigate the complexities of tax compliance and transfer pricing. Join us to be part of a forward-thinking company that values innovation and supports your career aspirations.
StudySmarter Expert Advice🤫
We think this is how you could land Tax Manager in London
✨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 Finalto, 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 Tax Manager in London
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 Finalto'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 Finalto. 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 Finalto!
How to prepare for a job interview at Finalto
✨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 Finalto.
✨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 Finalto. It helps to show our commitment!
