At a Glance
- Tasks: Lead a dynamic tax team, ensuring compliance and providing expert advice across the UK and Middle East.
- Company: Join ING, a leading global bank with a collaborative and innovative culture.
- Benefits: Competitive salary, professional development, and opportunities for career progression.
- Other info: Opportunity to influence UK tax policy and work with cutting-edge technologies.
- Why this job: Make a real impact in tax strategy while developing your leadership skills in a major banking hub.
- Qualifications: Qualified tax or accounting professional with strong UK tax compliance experience.
The predicted salary is between 80000 - 100000 € per year.
The London tax department currently comprises five staff who are responsible for:
- ING Wholesale Bank’s direct and indirect tax compliance for the UK and Middle East (with oversight on employment taxes)
- Tax advice to ING Wholesale Bank’s front office functions (including structured lending, financial markets and corporate advisor), and internal management/stakeholders
- Support to the Group Tax department in Amsterdam, including Group reporting and Group policy implementation
As the Head of a busy and thriving Tax department you will be involved across all aspects of direct and indirect taxes, specifically the following:
- Ensuring the UK and Middle East (Dubai and Saudi Arabia) meet all their statutory obligations and reporting requirements for tax purposes and submit accurate and timely tax returns and payments to the relevant tax authorities.
- Providing expert tax advice and recommendations to the UK Management Team, Group Tax function and businesses/support functions on the tax implications of current or proposed corporate strategies/projects, products and transactions and the location of activities.
- Maintaining a monitoring and risk reporting framework to enable monitoring of the current tax position and early identification of tax issues, risks or opportunities requiring action.
- At the forefront of ING’s relationship with HMRC (and liaising with the relevant tax authorities in the Middle East), maintaining strong lines of communication and conducting negotiations as needed. Also influencing UK tax policy via taking a lead role in industry discussions and networking with advisors and other Heads of Tax in the banking industry.
- Contributing to the overall management of the Group’s financial affairs including quarterly sign off on Group reporting, assisting with internal and/or external audits.
- Continuously reviewing and taking appropriate opportunities to improve operational effectiveness and consistency through process, technology and/or people capability development.
- Leading, motivating and developing the Tax team to deliver high quality outputs in the most effective ways while ensuring their personal and professional development.
This is an outstanding opportunity for a seasoned and highly qualified tax professional seeking to leverage deep technical expertise and in-house experience across a broad range of taxes within the finance function of a leading global bank. Based in a highly experienced UK team within a major international wholesale banking hub, the role offers excellent scope to further develop your capabilities, broaden your exposure, and build a long-term career with clear progression opportunities.
You will have strong working knowledge of UK tax compliance and advisory experience within relevant areas of financial services, with proven leadership experience. Ability to lead, coach, and develop individuals effectively with excellent verbal and written communication skills and a proactive, adaptable mindset to navigate change while maintaining a positive, strategic outlook.
Desirable
- Knowledge of UAE and Saudi tax frameworks
- Strong IT skills, with an appreciation for evolving technologies and initiatives (e.g. AI)
Qualifications & Education
Essential: Qualified tax or accounting professional (ACA and/or CTA) with training/experience gained within a reputable firm, industry, or HMRC
Desirable: Additional relevant qualifications or evidence of continued professional development
UK Head of Tax in London employer: ING
ING is an exceptional employer, offering a dynamic work environment in the heart of London, where you can thrive as the UK Head of Tax. With a strong focus on employee development, we provide ample opportunities for professional growth and advancement within a collaborative team that values innovation and excellence. Our commitment to maintaining a supportive culture, alongside competitive benefits and the chance to influence tax policy at a global level, makes ING a rewarding place to build your career.
StudySmarter Expert Advice🤫
We think this is how you could land UK Head of Tax in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend tax seminars, workshops, or even casual meet-ups. Building relationships can lead to job opportunities that aren’t even advertised.
✨Show Off Your Expertise
When you get the chance to chat with potential employers, don’t hold back on showcasing your knowledge. Discuss recent tax changes or share insights on compliance strategies. This will position you as a thought leader in the field.
✨Ace the Interview
Prepare for interviews by practising common questions and scenarios related to tax compliance and advisory roles. Be ready to discuss how you’ve tackled challenges in the past and how you can add value to their team.
✨Apply Through Our Website
Don’t forget to check out our website for job openings! Applying directly through us not only shows your interest but also gives you a better chance of being noticed by the hiring team.
We think you need these skills to ace UK Head of Tax in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences that match the Head of Tax role. Highlight your expertise in UK tax compliance and advisory, as well as any leadership experience you've had. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share your passion for tax and how your background aligns with our needs at StudySmarter. Remember, we love a good story!
Showcase Your Communication Skills:Since this role involves liaising with HMRC and other stakeholders, it's crucial to demonstrate your excellent verbal and written communication skills. Use clear and concise language in your application to show us you can communicate effectively.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining the StudySmarter family!
How to prepare for a job interview at ING
✨Know Your Tax Stuff
Make sure you brush up on your knowledge of UK tax compliance and advisory practices, especially within financial services. Be ready to discuss specific cases or scenarios where you've successfully navigated complex tax issues.
✨Showcase Your Leadership Skills
As a Head of Tax, you'll need to demonstrate your ability to lead and develop a team. Prepare examples of how you've motivated your team in the past, and be ready to discuss your approach to coaching and mentoring.
✨Understand the Bigger Picture
Familiarise yourself with ING's corporate strategies and how tax implications play a role in them. Be prepared to offer insights on how you can contribute to the overall management of the Group’s financial affairs and improve operational effectiveness.
✨Communicate Effectively
Strong verbal and written communication skills are crucial for this role. Practice articulating your thoughts clearly and concisely, especially when discussing complex tax matters. Think about how you would explain tax concepts to non-tax professionals.
