At a Glance
- Tasks: Provide tax advice and support for banking transactions, ensuring compliance and efficiency.
- Company: Join a leading European banking group with a strong in-house tax team.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Collaborate with diverse teams and enjoy excellent career growth opportunities.
- Why this job: Make a real impact in the banking sector while advancing your tax expertise.
- Qualifications: Must be ACA/CTA qualified with extensive experience in UK Corporation Tax and banking.
The predicted salary is between 70000 - 90000 £ per year.
This is a fantastic opportunity for a Senior Tax Manager to join the in-house tax team of a leading European banking group. The role will focus on transactional tax support and international tax aspects (in particular, transfer pricing). The candidate must have an excellent understanding of financial products. Experience of Bank Levy is highly desirable. Knowledge of VAT is preferable, though not necessary. The candidate must be CTA and/or ACA qualified and have extensive relevant CT experience in the tax function of a bank and preferably one of the larger accounting firms.
The main tasks are:
- Advisory & Transactional Support: Provide tax advice (including commentaries where necessary) on lending transactions to ensure tax efficiency and conformity to the Code of Practice on Taxation for Banks.
- New Activities & Products (NAP): Evaluate tax technical and reputational risks for new products, clients, and business transactions.
- Risk Mitigation: Ensure compliance with UK tax law and guidance, and internal tax policies.
- Documentation & Training: Draft tax guidance for business teams and provide updates on changes in tax law and/or guidance.
- Transfer pricing (TP): In conjunction with Head Office tax team, review, maintain and originate transfer pricing documentation; work with external provider to ensure production of robust local TP file; review execution of TP policies across the UK business in collaboration with wider Finance team.
- Bank Levy: Prepare bank levy calculation for the UK branch; collaborate with other finance functions within the UK group to compile the group bank levy calculation.
- Other: Provide ad hoc tax advice regarding other CT matters (including project work) as may arise from time to time.
The ideal candidate will be ACA/CTA qualified (or equivalent) and have an excellent technical grounding in UK Corporation Tax. In addition, they will need to demonstrate experience specific to the banking sector, e.g., knowledge of banking products & services and associated tax treatments and implications. They will have international tax experience, including transfer pricing, and analysing and interpreting double tax treaties, BEPs, Pillar II, AEOI. They must be a confident and competent communicator with the ability to manage a wide range of stakeholders.
Senior Tax Manager, Banking *In-House* in Slough employer: Morgan McKinley
Contact Detail:
Morgan McKinley Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Tax Manager, Banking *In-House* in Slough
✨Network Like a Pro
Get out there and connect with people in the banking and tax sectors. Attend industry events, webinars, or even local meet-ups. You never know who might have the inside scoop on job openings or can put in a good word for you!
✨Show Off Your Expertise
When you get the chance to chat with potential employers, make sure to highlight your knowledge of financial products and your experience with Bank Levy and transfer pricing. Tailor your conversations to showcase how your skills align perfectly with their needs.
✨Ace the Informal Interview
If you land an informal chat or coffee meeting, treat it like a mini-interview. Prepare some thoughtful questions about their tax strategies and challenges. This shows you're genuinely interested and gives you a chance to demonstrate your expertise.
✨Apply Through Our Website
Don’t forget to check out our website for the latest job openings! Applying directly through us not only streamlines the process but also shows your commitment to joining our team. Let’s get you that Senior Tax Manager role!
We think you need these skills to ace Senior Tax Manager, Banking *In-House* in Slough
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to highlight your experience in tax management, especially in the banking sector. We want to see how your skills align with the role, so don’t be shy about showcasing your CTA/ACA qualifications and relevant CT experience.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our in-house tax team. Mention specific experiences that relate to transactional tax support and transfer pricing, as these are key aspects of the role.
Showcase Your Communication Skills: As a Senior Tax Manager, you’ll need to communicate effectively with various stakeholders. In your application, highlight instances where you’ve successfully managed relationships or provided training on tax matters. We love seeing strong communicators!
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 this fantastic opportunity. Plus, it’s super easy to do!
How to prepare for a job interview at Morgan McKinley
✨Know Your Tax Stuff
Make sure you brush up on your knowledge of UK Corporation Tax, transfer pricing, and the Bank Levy. Be ready to discuss how these areas relate to financial products and lending transactions, as this will show your expertise and understanding of the banking sector.
✨Showcase Your Experience
Prepare specific examples from your past roles that highlight your advisory and transactional support skills. Talk about how you've mitigated risks or provided tax advice on new products, as this will demonstrate your hands-on experience in a similar environment.
✨Communicate Clearly
As a Senior Tax Manager, you'll need to manage various stakeholders. Practice explaining complex tax concepts in simple terms. This will not only showcase your communication skills but also your ability to train and guide others in the business.
✨Stay Updated on Tax Changes
Familiarise yourself with recent changes in tax law and guidance. Being able to discuss these updates during your interview will show that you're proactive and committed to staying informed, which is crucial for the role.