Head of Tax in Medway

Head of Tax in Medway

Medway Full-Time 100000 - 140000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the tax function and develop strategies for compliance and governance.
  • Company: Join OSB Group, a forward-thinking bank focused on community and employee well-being.
  • Benefits: Competitive salary, bonus opportunities, car allowance, and hybrid working options.
  • Why this job: Make a real impact in a dynamic banking environment while shaping tax strategy.
  • Qualifications: Post-qualification experience in tax and leadership skills are essential.
  • Other info: Supportive workplace with a commitment to professional development and diversity.

The predicted salary is between 100000 - 140000 Β£ per year.

About the team: The Tax team ensures the bank meets all its tax obligations accurately and on time, while supporting the business with expert advice on the tax implications of products, transactions, and strategic decisions. The team manages tax reporting and compliance across multiple entities, monitors regulatory change, and works closely with Finance, Legal, and the wider business to manage tax risk and optimise outcomes in line with the bank's commercial objectives and regulatory requirements. The role can be based in either Chatham or Wolverhampton and will require occasional travel between the Group's Chatham, London and Wolverhampton offices.

What you will be doing: The key purpose of this role is to lead the Group's in-house tax function and for the development, implementation and oversight of the Group's tax strategy, governance framework and tax compliance obligations. The role ensures the timely and accurate submission of all tax returns, maintains effective tax risk management and control frameworks, and acts as the Group's principal interface with HMRC and other external stakeholders. The Head of Tax provides strategic, pragmatic tax advice to senior management and supports the Group's commercial objectives within a highly regulated banking environment.

Your responsibilities will also include:

  • Leading and developing the Group's in-house tax function, acting as the primary internal authority on all tax matters.
  • Owning the Group's Tax Strategy, ensuring annual review, Board approval and publication in line with legislative requirements.
  • Overall responsibility for the preparation, review and submission of the Group's UK Corporation Tax returns.
  • Acting as the Group's primary point of contact with HMRC across all taxes.
  • Providing tax analysis and advice on commercial transactions, business initiatives and strategic projects.
  • Identifying opportunities to optimise the Group's tax position within its stated tax strategy and risk appetite.
  • Monitoring and analysing actual tax charges against forecast, ensuring variances are understood and reflected in future planning.

What's in it for you?: We offer a competitive base salary from Β£112,000 dependent on experience and benefits package including: Discretionary annual bonus opportunity of up to 40%, Car allowance of Β£7,500, Long-term incentive plan opportunity, Enhanced family-focused benefits, Hybrid-working.

About us: At OSB Group, we understand how much our people bring to our organisation, which is why we try our best to give back too! Our Purpose is to help our customers, colleagues and communities prosper and we are on a transformation journey to become 'the bank of the future'. Our commitment to professional development, flexible working, and employee well-being fosters a dynamic and supportive workplace.

Do you have the skills? We are looking for talented individuals who have the experience and skills set out below:

  • Post-qualification experience in tax, gained within a leading professional services firm and/or a senior in-house role is essential.
  • Experience operating at a senior level, with accountability for tax strategy, governance and compliance is essential.
  • Experience within financial services or another highly regulated environment is strongly preferred.
  • Leadership capability is essential.
  • Recognised Tax and Accountancy Qualification (e.g. CTA, ACA) is essential.

Next steps: Interested? Apply now! Still considering? Hear from our team or learn more about our recruitment process: OSB Careers. We believe in a personalised and inclusive approach, ensuring the process is relevant and conversational. If you need any adjustments or support, we're here to make sure you can show your best self.

Head of Tax in Medway employer: OneSavings Bank Plc

At OSB Group, we pride ourselves on being an exceptional employer, offering a competitive salary and a comprehensive benefits package that includes a discretionary annual bonus of up to 40% and enhanced family-focused benefits. Our dynamic work culture promotes professional development and flexible working arrangements, ensuring that our employees thrive both personally and professionally in our Chatham and Wolverhampton offices. Join us in our mission to become 'the bank of the future' and enjoy a supportive environment where your career growth is as unique as you are.
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Contact Detail:

OneSavings Bank Plc Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Head of Tax in Medway

✨Tip Number 1

Network like a pro! Reach out to your connections in the finance and tax sectors. Attend industry events or webinars where you can meet potential employers and showcase your expertise. Remember, it’s all about who you know!

✨Tip Number 2

Prepare for interviews by researching the company and its tax strategies. Be ready to discuss how your experience aligns with their needs. We want you to shine, so practice common interview questions and have your own questions ready to show your interest.

✨Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, send a thank-you email expressing your appreciation for the opportunity. It keeps you on their radar and shows your enthusiasm for the role.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets noticed. Plus, you’ll find all the latest roles and updates there. Let’s get you that Head of Tax position!

We think you need these skills to ace Head of Tax in Medway

Tax Strategy Development
Tax Compliance
Tax Risk Management
Leadership Capability
Post-Qualification Experience in Tax
Experience in Financial Services
Stakeholder Management
Tax Analysis
Regulatory Knowledge
Communication Skills
Strategic Advisory
Governance Framework Implementation
Accountability for Tax Matters
Recognised Tax and Accountancy Qualification (e.g. CTA, ACA)

Some tips for your application 🫑

Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your post-qualification experience in tax and any leadership roles you've held. We want to see how you can lead our tax function!

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 specific examples of how you've managed tax strategy and compliance in previous roles, and let us know how you can contribute to our goals.

Showcase Your Regulatory Knowledge: Since this role involves working in a highly regulated environment, make sure to mention your experience with regulatory compliance and your understanding of tax implications in financial services. We love candidates who are up-to-date with current regulations!

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 the role. Plus, you’ll find all the info about our fantastic benefits there!

How to prepare for a job interview at OneSavings Bank Plc

✨Know Your Tax Stuff

Make sure you brush up on the latest tax regulations and compliance requirements, especially those relevant to the banking sector. Being able to discuss recent changes and how they impact the bank's strategy will show that you're not just knowledgeable but also proactive.

✨Show Leadership Skills

As a Head of Tax, you'll need to demonstrate your leadership capabilities. Prepare examples of how you've successfully led teams or projects in the past, particularly in high-pressure environments. This will help convey your ability to manage the in-house tax function effectively.

✨Understand the Business

Familiarise yourself with the bank's commercial objectives and how the tax function aligns with them. Be ready to discuss how you can optimise tax positions while supporting business initiatives. This shows that you’re not just a tax expert, but also a strategic partner.

✨Prepare for Stakeholder Engagement

Since you'll be the primary contact with HMRC and other stakeholders, think about how you would approach these interactions. Prepare to discuss your experience in managing relationships and communicating complex tax issues clearly and effectively.

Head of Tax in Medway
OneSavings Bank Plc
Location: Medway
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