At a Glance
- Tasks: Lead the tax function, ensuring compliance and strategic advice for the bank.
- Company: Join OSB Group, a forward-thinking bank focused on community and employee well-being.
- Benefits: Competitive salary, up to 40% bonus, 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 capability required.
- Other info: Embrace diversity and enjoy a supportive workplace culture.
The predicted salary is between 84000 - 120000 £ per year.
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.
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.
We offer a competitive base salary from £112,000 dependent on experience and benefits package including:
- Discretionary annual bonus opportunity of up to 40%
- Car allowance of £7,500
- Enhanced family-focused benefits
- Hybrid-working
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.
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.
Interested? Apply now! 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.
Our team value spending time together in the office, typically 3 days a week to support collaboration and connection with colleagues, but we’re happy to have a conversation about what flexibility might look like for you.
We actively promote diversity at all levels, with Board-level Diversity Champions monitoring our progress. We’re proud to be signatories of the Women in Finance Charter, supporting the growth of senior women in our sector. Our commitment extends to treating all employees and applicants equitably, ensuring fairness and respect for all.
Head of Tax in Chatham employer: OSB Group
Contact Detail:
OSB Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Tax in Chatham
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and tax sectors. Attend industry events or webinars to meet potential employers and get your name out there. 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. Show them you’re not just another candidate; you’re the one they need to lead their tax function!
✨Tip Number 3
Practice your pitch! You want to convey your leadership skills and strategic thinking clearly. Role-play with a friend or mentor to refine your delivery and boost your confidence before the big day.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Head of Tax in Chatham
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in tax strategy and compliance. We want to see how your skills align with the role of Head of Tax, so don’t hold back on showcasing your relevant achievements!
Showcase Leadership Experience: Since this role involves leading the tax function, it’s crucial to emphasise your leadership capabilities. Share examples of how you've successfully managed teams or projects in the past, especially in a regulated environment like financial services.
Be Clear and Concise: When writing your application, clarity is key! Use straightforward language and get straight to the point. We appreciate well-structured applications that make it easy for us to see your qualifications and fit for the role.
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 can check out all the fantastic benefits we offer while you’re there!
How to prepare for a job interview at OSB Group
✨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.
✨Showcase 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 Scenario Questions
Expect questions that require you to think on your feet, such as how you would handle a specific tax compliance issue or a regulatory change. Practising these scenarios can help you articulate your thought process and decision-making skills during the interview.