At a Glance
- Tasks: Provide expert tax advice and evaluate risks for various business areas.
- Company: Join the UK's leading age-inclusive jobs board focused on diverse talent.
- Benefits: Enjoy a supportive work environment with opportunities for continuous improvement.
- Other info: Engage with key external parties and enhance your skills in a dynamic setting.
- Why this job: Make a significant impact while working with top professionals in the financial sector.
- Qualifications: Chartered tax adviser or professional accountancy qualification required, with relevant experience.
The predicted salary is between 43200 - 72000 £ per year.
This job is brought to you by Jobs/Redefined, the UK's leading over-50s age inclusive jobs board.
We're looking for a tax expert to provide technical tax advice to our corporate, commercial, institutions and markets' businesses. Day-to-day, you'll be evaluating the tax technical and reputational risk that can come from new products, transactions and business areas. You'll make a far-reaching impact by being a trusted advisor and creating an environment that's focused on continuous improvement.
What you'll do
- In line with our Tax Strategy, you'll be providing tax advisory support to the businesses while ensuring compliance with the tax principles' policy and Code of Practice on taxation for banks. This will include liaising with the front office teams, reviewing products, clients and transactions, providing recommendations and escalating any concerns to senior management.
- The scope of your review will cover both tax technical and reputational risk issues.
- You'll oversee transactional tax issues within the relevant businesses and liaise with the operational tax teams.
- We'll look to you to monitor the external tax environment and brief the business and senior management on new developments, and provide training where appropriate.
- Working internally with tax teams and tax colleagues, we'll also expect you to represent the bank in discussions with key external parties including audit teams, HMRC, external advisers and key industry bodies.
- Focusing on efficiency, you'll suggest ways to streamline review procedures to maximise use of department resources.
- You'll also be supporting Legal on tax risk allocation discussions with clients.
- Working with products such as loans, derivatives and debt capital market transactions.
- Liaising with client due diligence teams on the tax reputational risk arising from high-risk clients.
- Drafting training and guidance for the business, including uploading this onto the intranet.
- Monitoring tax risk and improving tax risk controls.
- Providing advice and tax updates to executives and in risk forums.
The skills you'll need
- To join us in this role, you'll need to be either a chartered tax adviser or have a professional accountancy qualification.
- You'll also have tax implementation experience and we'll look to you for advice, so having industry knowledge would be advantageous.
- You'll also need post-qualification tax experience in financial services.
- Up-to-date knowledge of UK direct tax legislation, international tax, indirect tax, operation taxes and product specific tax issues.
- Good communication skills, along with people management skills.
- Excellent organisational and project management skills.
Tax Manager, Front Office Support Projects & Advisory in Manchester employer: NatWest Group
As a leading employer in the financial services sector, we offer a dynamic work environment that fosters continuous improvement and professional growth. Our commitment to inclusivity and employee development ensures that you will have access to training and resources that enhance your skills while working alongside industry experts. Located in the heart of the UK, our collaborative culture encourages innovation and provides a platform for you to make a significant impact as a Tax Manager.
StudySmarter Expert Advice🤫
We think this is how you could land Tax Manager, Front Office Support Projects & Advisory in Manchester
✨Tip Number 1
Network with professionals in the tax and financial services sector. Attend industry events, webinars, or local meetups to connect with potential colleagues and learn about the latest trends and challenges in tax management.
✨Tip Number 2
Stay updated on recent changes in UK tax legislation and international tax issues. Subscribe to relevant newsletters or follow key influencers in the tax field to ensure you have the most current knowledge when discussing tax strategies.
✨Tip Number 3
Prepare to demonstrate your problem-solving skills during interviews. Think of specific examples where you've successfully navigated complex tax issues or improved processes, as this will showcase your ability to add value to our team.
✨Tip Number 4
Familiarise yourself with our company culture and values. Understanding how we operate and what we prioritise will help you tailor your discussions and show that you're a great fit for our team.
We think you need these skills to ace Tax Manager, Front Office Support Projects & Advisory in Manchester
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in tax advisory and compliance, particularly within financial services. Emphasise your qualifications, such as being a chartered tax adviser or having a professional accountancy qualification.
Craft a Compelling Cover Letter:In your cover letter, explain why you are the ideal candidate for the Tax Manager role. Discuss your experience with tax risk management, your ability to liaise with front office teams, and your knowledge of UK tax legislation.
Showcase Your Skills:Highlight your communication, organisational, and project management skills in both your CV and cover letter. Provide specific examples of how you've successfully managed tax projects or improved tax processes in previous roles.
Proofread Your Application:Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial in a tax advisory role.
How to prepare for a job interview at NatWest Group
✨Showcase Your Tax Expertise
Make sure to highlight your qualifications and experience in tax advisory roles. Be prepared to discuss specific examples of how you've provided technical tax advice and managed tax risks in previous positions.
✨Demonstrate Communication Skills
Since the role involves liaising with various teams and external parties, practice articulating complex tax concepts clearly. Prepare to explain how you would communicate tax updates and training to non-tax professionals.
✨Understand the Business Environment
Research the company’s operations and recent developments in the tax landscape. Being knowledgeable about their products and the potential tax implications will show your commitment and readiness for the role.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills in real-world scenarios. Think of situations where you had to evaluate tax risks or streamline processes, and be ready to discuss your approach and outcomes.
