At a Glance
- Tasks: Lead a dynamic tax team, ensuring compliance and providing expert advice across the UK and Middle East.
- Company: Join a leading global bank with a strong focus on innovation and collaboration.
- Benefits: Competitive salary, professional development, and opportunities for career progression.
- Other info: Be part of a supportive team in a major international banking hub.
- Why this job: Make a real impact in a thriving tax department while shaping tax policy in the banking industry.
- Qualifications: Qualified tax or accounting professional with leadership experience and strong communication skills.
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.
Roles and Responsibilities
- 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.
How to Succeed
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. 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 employer: ING
ING Wholesale Bank 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, our culture promotes collaboration and innovation, providing ample opportunities for professional growth while working alongside a talented team. Enjoy the unique advantage of influencing tax policy and engaging with key stakeholders in a major international banking hub, all while receiving competitive benefits and support for your career progression.
StudySmarter Expert Advice🤫
We think this is how you could land UK Head of Tax
✨Network Like a Pro
Get out there and connect with people in the industry! Attend tax seminars, workshops, or even casual meet-ups. The more you mingle, the better your chances of landing that Head of Tax role.
✨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 go-to expert in the field.
✨Tailor Your Approach
Every conversation is an opportunity! Make sure to tailor your discussions based on the company’s needs and challenges. Show them how your experience can directly benefit their tax department.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace UK Head of Tax
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences that match the job description. Highlight your expertise in UK tax compliance and advisory, as well as any leadership roles you've held. 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 the Head of Tax role. Share your passion for tax and how your experience aligns with our needs at StudySmarter. Don’t forget to mention your proactive mindset and adaptability!
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 in a professional setting.
Apply Through Our Website:We encourage you to apply directly through our website. This ensures your application gets to the right people quickly. Plus, it shows us you're keen on joining the StudySmarter family. We can't wait to see what you bring to the table!
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 in the financial services sector. 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.
