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- Tasks: Lead indirect tax strategy and compliance across multiple countries in a dynamic banking environment.
- Company: Join an international banking group known for its innovative financial solutions.
- Benefits: Enjoy competitive salary, career growth opportunities, and a collaborative work culture.
- Why this job: Make a significant impact on tax strategies while working with a talented team in a global setting.
- Qualifications: Must have strong VAT knowledge, experience in financial services, and familiarity with Oracle.
- Other info: This role offers the chance to lead and shape indirect tax policies in a prestigious organization.
The predicted salary is between 72000 - 108000 £ per year.
This international banking group is recruiting for a Head of Indirect Taxes to join their existing tax team based in London. Reporting into the EMEA Tax Director and with 2 direct reports, you will have overall responsibility for the indirect taxes across the region, including responsibility for strategic advisory and project work as well as the oversight of the group’s indirect tax compliance across UK, UAE, Netherlands, Germany, France and Spain.
Key responsibilities will include:
- Review of all periodic and annual VAT reporting in the UK, UAE, Netherlands, Germany, France and Spain.
- Responsibility for VAT balance sheet substantiation for the above markets.
- Responsibility for maintaining indirect tax policies and procedures.
- Provide technical indirect tax advice to the business and corporate functions as required, including new product proposals and new business initiatives, Service Level Agreement and Cost Contribution Agreement reviews, and ad hoc queries.
- Monitor changes to VAT legislation and case law and advise on their impact for the bank’s business areas.
- Liaise with the IT department (ISD) in order to advise on VAT systems requirements.
- Manage UK and UAE VAT group membership.
- Maintain and update Partial Exemption Methods in the UK, Netherlands, Germany and France.
- Act as key point of contact for VAT matters with HMRC and other tax authorities as required.
- Manage VAT queries from tax authorities, Internal Audit and external auditors.
You will need to be an indirect tax specialist with strong technical knowledge of VAT and indirect taxes with particular emphasis on financial services (i.e., Partial Exemption methodologies). You will need to have had experience of VAT return preparation and reconciliations, together with a good understanding of Oracle. Ideally, you will already be working in a similar role in the banking or wider financial services sector, or an equivalent Big 4 FS VAT team, and be looking for an opportunity to take over lead responsibility for indirect taxes in another firm.#J-18808-Ljbffr
Head of Indirect Tax - Banking | London, UK employer: Morgan McKinley
Contact Detail:
Morgan McKinley Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Indirect Tax - Banking | London, UK
✨Tip Number 1
Make sure to stay updated on the latest VAT legislation and case law, especially as it pertains to the banking sector. This knowledge will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the indirect tax field, particularly those working in financial services or at Big 4 firms. Engaging with them can provide insights into the industry and may even lead to referrals.
✨Tip Number 3
Familiarize yourself with Oracle and other VAT systems that are commonly used in the banking sector. Highlighting your technical skills in these areas can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience with VAT return preparation and reconciliations in detail. Be ready to provide examples of how you've successfully managed indirect tax compliance in previous roles.
We think you need these skills to ace Head of Indirect Tax - Banking | London, UK
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description and understand the key responsibilities and requirements. Highlight your experience in indirect taxes, particularly in financial services, as this is crucial for the role.
Tailor Your CV: Customize your CV to emphasize your relevant experience in VAT and indirect taxes. Include specific examples of your work with VAT compliance, reporting, and advisory roles, especially in the banking sector.
Craft a Strong Cover Letter: Write a compelling cover letter that outlines your motivation for applying and how your skills align with the company's needs. Mention your technical knowledge of VAT and any experience with Oracle, as these are important for the position.
Highlight Leadership Experience: Since the role involves managing a team, be sure to showcase any previous leadership or management experience you have. Discuss how you've successfully led projects or teams in the past, particularly in tax-related contexts.
How to prepare for a job interview at Morgan McKinley
✨Showcase Your Technical Knowledge
Make sure to highlight your expertise in VAT and indirect taxes, especially in the context of financial services. Be prepared to discuss specific examples from your previous roles that demonstrate your understanding of Partial Exemption methodologies and VAT compliance.
✨Demonstrate Leadership Skills
As this role involves managing a team, be ready to share your experiences in leading and mentoring others. Discuss how you have successfully managed projects or initiatives in the past, and how you plan to support your direct reports in their development.
✨Stay Updated on Legislation Changes
Familiarize yourself with recent changes in VAT legislation and case law, particularly those affecting the banking sector. Be prepared to discuss how these changes could impact the organization and what proactive measures you would recommend.
✨Prepare for Technical Questions
Expect technical questions related to VAT reporting and compliance. Brush up on your knowledge of Oracle and any relevant systems used for VAT management. Being able to articulate your experience with these tools will demonstrate your readiness for the role.
