At a Glance
- Tasks: Manage Transfer Pricing compliance and collaborate with finance teams and external advisers.
- Company: Join SoftBank, a leader in breakthrough technology and innovation.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to work on international tax projects and gain valuable experience.
- Why this job: Make an impact in a global investment group while enhancing your tax expertise.
- Qualifications: Qualified accountant or Chartered Tax Adviser, with strong UK corporation tax knowledge.
The predicted salary is between 80000 - 100000 £ per year.
About SoftBank: SoftBank Group invests in breakthrough technology to improve the quality of life for people around the world. SoftBank Group is comprised of SoftBank Group Corp., an investment holding company that includes stakes in AI, smart robotics, IoT, telecommunications, internet services, and clean energy technology providers, as well as a majority stake in Arm, which is building the future of computing.
About the role: We are seeking an experienced tax professional to support the delivery of the group’s Transfer Pricing (TP) policy along with the discharge of all TP related processes and compliance obligations for a listed international investment group. The role involves taking ownership of the group’s TP modelling, review of policy and associated review of all TP local files and related compliance. Additionally, the role will require close coordination with external advisers and internal finance teams to ensure timely delivery of both internal and external TP obligations will be a key focus of the role. Whilst the role will be primarily covering TP, there will also be some international elements to the role – such as overseeing tax return preparation process outsourced to advisors, considering implications of reorganisations, etc. The successful candidate will take day-to-day ownership of TP related processes, with support, collaboration and senior review from the wider tax team.
Key Responsibilities:
- Transfer Pricing compliance
- Review of country specific transfer pricing Local files prepared by external advisers
- Review of tax returns for transfer pricing related information and disclosures
- Liaise with internal teams including FP&A, finance, HR and other senior stakeholders on transfer pricing compliance.
- Liaising with tax authorities on any enquiries on policy.
- Transfer Pricing Policy
- Review of Softbank business to ensure transfer pricing policy adopted is correct; Updating policy as required
- Monitoring of policy within Softbank and liaising with internal stakeholders
- Management of advisers on policy and documentation.
- Transfer Pricing Modelling
- Preparation and acquisition of data for model in place; provision of data to external model provider
- Review of model output with internal teams; Ensuring ledgers reflects policy adopted.
- Support intra-group service fee allocations and related documentation
- Other UK and international tax responsibilities
- Supporting international tax analysis on investment exits
- Providing updates to the team on developments in UK and international tax legislation
- Provide support on group tax reporting and compliance as required.
- Contribute to ad hoc projects and tax-related initiatives
Requirements:
Essential
- Qualified accountant (CA or equivalent) and/or Chartered Tax Adviser (CTA), or working towards the latter
- Strong UK corporation tax knowledge
- Experience working with external advisers on tax compliance and reporting
- Working knowledge of IFRS tax accounting (IAS 12)
- Strong organisational skills and ability to manage multiple deadlines
Desirable
- Experience of Transfer Pricing policy management, modelling and compliance within a multinational or asset management environment.
- Experience working in-house within a multinational or investment environment
- Familiarity with international tax regimes and cross-border tax considerations
Tax Associate in London employer: One SoftBank
At SoftBank, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work culture, where innovation and collaboration thrive. As a Tax Associate, you will have the opportunity to engage with cutting-edge technology and contribute to meaningful projects that shape the future of industries globally. Our commitment to employee growth is evident through continuous learning opportunities and a supportive environment that encourages professional development, making SoftBank an ideal place for those seeking a rewarding career in a vibrant international setting.
StudySmarter Expert Advice🤫
We think this is how you could land Tax Associate in London
✨Join Tax Networks
Get involved in tax-focused networks or associations, like the Chartered Institute of Taxation. These communities often host events and workshops which can help you make connections with industry professionals, plus they might even have job boards exclusive to members.
✨Attend Industry Events
Keep an eye out for tax-related conferences and seminars. Events like these are not only great for learning but also for meeting potential employers face-to-face. Use these opportunities to ask questions and express your interest; it’s all about putting a face to the name!
✨Leverage Social Media
Follow leading tax advisory firms, such as One SoftBank, on social media. Engage with their posts – comment, share insights, or even ask questions. This can help you get noticed and show your enthusiasm for the industry before you even apply!
✨Showcase Your Knowledge
Consider writing articles or blogs on tax trends and issues. Sharing your expertise on platforms like LinkedIn can boost your visibility and establish you as someone who is serious about a career in tax advisory. Plus, it gives you something to discuss when you land that interview!
We think you need these skills to ace Tax Associate in London
Some tips for your application 🫡
Show Off Your Tax Knowledge:Make sure your CV highlights any relevant tax qualifications, certifications, or coursework you've completed. We want to see that you understand tax laws, regulations, and compliance issues—so detail your academic background or any practical experience in tax advisory to catch One SoftBank's eye!
Quantify Your Achievements:In the tax consultancy field, showing measurable outcomes from your previous work can set you apart. Use your CV to include specific examples of how your advice helped clients save money or avoid penalties. Numbers speak volumes in our industry and can really highlight your impact.
Tailor Your Cover Letter:Your cover letter is your chance to express why you're passionate about tax consultancy and why you're excited about working at One SoftBank. Share any personal experiences or insights that fuel your interest in the tax advisory field—let your enthusiasm shine through!
Keep It Professional but Approachable:While your written application should maintain a professional tone, don’t be afraid to let a bit of your personality show. Tax advisory is about building relationships, so if you can convey your approachable nature in your writing, that's a bonus when applying for this full-time role at One SoftBank!
How to prepare for a job interview at One SoftBank
✨Know Your Tax Fundamentals
Brush up on the core principles of tax law, especially recent updates that might affect clients. During the interview, we could face scenario-based questions where we'll need to apply these principles to solve problems, so get comfy with hypothetical situations!
✨Show Your Analytical Skills
Tax advisory isn't just about knowing the rules; it’s about interpreting them. Make sure to prepare examples from your previous studies or experiences where you successfully analysed complex data. We want to demonstrate how we can bring those analytical skills to the table for One SoftBank.
✨Understand the Consulting Aspect
Since this is a full-time role, the interview might involve discussing how we communicate tax strategies to clients. Think about times we've interacted with clients or presented technical information in a digestible way. This shows we’re not just tax boffins but can also connect with people!
✨Your Long-Term Vision
As we're aiming for a full-time position, it's important to convey our enthusiasm and long-term interest in tax advisory. Be prepared to chat about why we’re passionate about this field and how we see ourselves growing within One SoftBank. It helps to show our commitment!
