At a Glance
- Tasks: Manage UK VAT compliance and reporting while supporting international tax filings.
- Company: ICBC Standard Bank Plc is a leading financial markets bank with a global presence.
- Benefits: Enjoy hybrid working, competitive pay, generous parental leave, and wellness perks.
- Why this job: Join a diverse team that values growth, transparency, and community impact.
- Qualifications: Ideal candidates have knowledge of tax accounting and strong analytical skills.
- Other info: Be part of a supportive culture that encourages personal and professional development.
The predicted salary is between 48000 - 84000 £ per year.
Join to apply for the Indirect Tax Manager role at ICBC Standard Bank Plc
2 days ago Be among the first 25 applicants
Join to apply for the Indirect Tax Manager role at ICBC Standard Bank Plc
Get AI-powered advice on this job and more exclusive features.
This is a full time indirect tax / VAT manager role reporting to the Senior Manager, Indirect Tax. The role is mainly focused on UK VAT tax compliance and reporting and includes the provision of information to external services providers to facilitate submission of Dutch, Danish, German, Swiss and US indirect tax returns. As a member of a small team the role includes supporting the Head of Tax on certain direct tax and team matters
What you’ll be doing
Tax Compliance & Reporting
- Preparation and completion of the Bank’s UK monthly VAT returns.
- Provide assistance in preparing the Bank’s international VAT, sales & excise tax filings including extracting and manipulating trade data for outsourced compliance service providers, reconciling system entries against the general ledger (SAP) and preparing tax journals.
- Assist in the preparation of US state and city income, franchise and other US direct tax compliance filings together with supporting the accounting of these taxes through the preparation and posting of the tax accruals, working with Finance and Ops as appropriate.
- Assist the Tax function to deliver month end reporting processes for taxes including:
- Preparation of the tax provisions and tax journals; and
- Certification and substantiation of tax balances in the general ledger.
- Assist with other indirect tax filings including overseas submissions.
- Maintaining records of the Bank’s international tax filing obligations.
- Assist with working through solutions to integrate new regulatory compliance requirements to existing processes and systems e.g e-invoicing mandates across EMEA and Asia.
- Update and monitor all tax compliance obligations.
Other
- Maintain internal processes to ensure compliance with HMRC’s Making tax Digital requirements.
- Be a vital contact between the Head of Indirect tax and IT teams in relation to projects that might impact MTD updates or other processes for the broader tax team.
- Support the Tax team on an ad hoc basis on a range of general tax matters including:
- Assisting with HMRC and ad hoc tax accounting enquiries;
- Process improvement and enhancement projects;
- Preparing VAT claims;
- Tax reporting;
- Preparing management information reporting packs; and
- Maintaining the Tax function’s process and procedure manuals.
What you’ll need to be successful
Experience:
- A knowledge of direct and indirect tax accounting ideal, but accounting/SAP skills are as valuable.
- Previous exposure to UK VAT principles.
- Experience in banking / financial services / oil / commodities tax preferred but not essential.
- An understanding of Excise tax accounting preferable but not essential.
- Experience in SAP preferable but not essential.
- Previous advisory experience over VAT commodities and global markets preferred but not essential.
Personal attributes:
- Excellent numerical and analytical skills.
- Proactive, self-motivated team player with a high level of attention to detail.
- Strong written and verbal skills.
- A willingness to learn and participate in advisory and be able to deputise for the Head of Indirect Tax.
Why should you join us?
ICBC Standard Bank Plc (ICBCS) is a leading financial markets and commodities bank, driven to deliver the right outcomes for our stakeholders, clients, counterparties and markets. We benefit from a unique Chinese and African parentage and an unrivalled global network and expertise. We’re headquartered in London, with operations in Shanghai, Singapore and New York.
We’re a diverse and close-knit global team. We put people first, giving talented, self-driven professionals the flexibility, rewards and freedom to grow their expertise and realise their potential.
Our vison statement, “Be Yourself, Succeed Together” underpins our drive for an open and transparent culture which values difference, enabling everyone to thrive whilst being themselves. We have an active E, D&I forum and we’re growing other employee network groups, including for women and neurodiversity.
We’re committed to the principle of equal opportunities. All applicants will be treated equally and will be considered on their merits and skills without discrimination.
What’s in it for you?
- Financial – market-based pay based on skills and experience, discretionary annual bonus, pension contribution 10% (employee contribution 5%), travel insurance, life assurance and income replacement insurance.
- Hybrid working – the option to work remotely up to two days per week, depending on the role.
- Family – 6 months fully paid maternity leave and enhanced shared parental leave. Coaching for family leave returners and access to emergency care via My Family Care. Miscarriage and menopause policies.
- Wellbeing – private medical insurance, Bike2Work scheme, health and fitness subsidy, holiday exchange and an Employee Assistance Programme.
- Community – paid volunteering leave and Give As You Earn scheme. Vibrant CSR and engagement forums and fundraising for our charity partners.
- Development – a suite of opportunities to build the skills you need to excel in your role
If you’re excited about becoming part of our team, get in touch. We’d love to hear from you!
ICBCS has appointed Robert Walters Outsourcing (RWO) to manage its recruitment process and Preferred Supplier List (PSL). Unsolicited CVs sent directly to ICBCS or its staff from non-PSL agencies will not be accepted and no fees will be paid for such submissions.
Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Full-time
Job function
-
Job function
Finance
-
Industries
Banking
Referrals increase your chances of interviewing at ICBC Standard Bank Plc by 2x
Get notified about new Indirect Tax Manager jobs in City Of London, England, United Kingdom.
Corporate Tax Senior Manager (Transactions Tax)
London, England, United Kingdom 1 month ago
London, England, United Kingdom 2 weeks ago
Senior Tax Technology Manager, E-Invoicing
London, England, United Kingdom 1 month ago
Sr. Analyst, External Reporting and Indirect Tax
Woking, England, United Kingdom 2 weeks ago
London, England, United Kingdom 11 months ago
London, England, United Kingdom 1 month ago
Technology Implementation Manager – Tax Technology
Energy and Natural Resources Tax Manager (ENR)
City Of London, England, United Kingdom £67,000.00-£75,000.00 3 weeks ago
Greater London, England, United Kingdom 1 day ago
UKI Tax – Senior Manager – International Tax and Transaction – Private Capital Transactions
London, England, United Kingdom 2 weeks ago
Indirect Tax – Senior Manager, Dynamics 365
London, England, United Kingdom 2 weeks ago
Senior Tax reporting manager – contract up to £650 per day
London, England, United Kingdom 1 week ago
Private Client Tax Manager/Senior Manager
London, England, United Kingdom 1 week ago
Deals Tax, Real Assets Portfolio – Manager
London, England, United Kingdom 5 days ago
London, England, United Kingdom 2 weeks ago
VAT Manager EMEA, Amazon Web Services (AWS)
London, England, United Kingdom 2 weeks ago
London, England, United Kingdom 1 week ago
City Of London, England, United Kingdom £85,000.00-£95,000.00 1 week ago
Uxbridge, England, United Kingdom 5 days ago
London, England, United Kingdom 2 weeks ago
Senior Manager – Corporate Tax Advisory and Compliance
London, England, United Kingdom 1 week ago
Senior Indirect tax manager – Contract 6 months – £100k
London, England, United Kingdom 1 week ago
London, England, United Kingdom 3 days ago
Greater London, England, United Kingdom 1 day ago
Tax Senior Manager – Global Mobility Services
London, England, United Kingdom 3 weeks ago
London, England, United Kingdom 3 days ago
London, England, United Kingdom 3 days ago
Greater London, England, United Kingdom 1 week ago
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr
Indirect Tax Manager employer: ICBC Standard Bank Plc
Contact Detail:
ICBC Standard Bank Plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Indirect Tax Manager
✨Tip Number 1
Familiarise yourself with UK VAT principles and compliance requirements. Understanding the nuances of VAT regulations will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the banking and financial services sector. Engaging with industry peers can provide insights into the role and may even lead to referrals, increasing your chances of landing an interview.
✨Tip Number 3
Brush up on your SAP skills, as experience with this software is preferred. Consider taking a short course or tutorial to enhance your proficiency, which could set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your analytical skills and attention to detail during the interview. Be ready to provide examples of how you've successfully managed tax compliance or reporting tasks in previous roles.
We think you need these skills to ace Indirect Tax Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in indirect tax and VAT compliance. Emphasise any previous roles in banking or financial services, and showcase your familiarity with UK VAT principles.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention specific experiences that align with the job description, such as preparing VAT returns or working with SAP, to demonstrate your suitability.
Highlight Analytical Skills: Given the importance of numerical and analytical skills in this role, provide examples in your application that showcase your ability to analyse data and reconcile accounts effectively.
Show Willingness to Learn: Mention your eagerness to learn and adapt, especially regarding new regulatory compliance requirements. This aligns with the company's culture of growth and development, making you a more attractive candidate.
How to prepare for a job interview at ICBC Standard Bank Plc
✨Brush Up on VAT Knowledge
Make sure you have a solid understanding of UK VAT principles, as this role heavily focuses on VAT compliance and reporting. Be prepared to discuss your previous experiences with VAT and how you've handled related tasks in the past.
✨Showcase Analytical Skills
Given the importance of numerical and analytical skills in this position, be ready to demonstrate your ability to analyse data effectively. You might be asked to solve a problem or interpret financial data during the interview, so practice articulating your thought process.
✨Familiarise Yourself with SAP
While experience in SAP is preferable but not essential, having a basic understanding of how it works can set you apart. If you have any experience with SAP or similar accounting software, be sure to highlight that during your interview.
✨Prepare for Team Dynamics Questions
As this role involves working closely with a small team, be prepared to discuss your teamwork experiences. Think of examples where you've collaborated effectively, supported colleagues, or contributed to team success, especially in a tax-related context.