At a Glance
- Tasks: Support tax compliance and reporting for innovative financial products.
- Company: Global asset management firm with a focus on collaboration and growth.
- Benefits: Competitive salary, bonus, hybrid work model, and comprehensive benefits.
- Other info: Exciting opportunities for career advancement in a fast-paced environment.
- Why this job: Join a dynamic team and make a real impact in the financial sector.
- Qualifications: Professional financial qualification and strong knowledge of UK tax regulations.
The predicted salary is between 48000 - 64000 £ per year.
Rev & Regs is excited to be working with a global asset management firm to hire an Operational Tax Manager. You will support the Head of Product and Operational Taxes on tax business partnering/advice to the business on all business initiatives including advice on potential tax exposures and risks.
Responsibilities:
- Providing tax and technical support on matters relating to Product Tax compliance and reporting to both customers and HMRC.
- Providing subject matter tax expertise to support the technical input/sign-off to the Product, Operational and Marketing teams for projects and updates required in relation to new product launches and legislative changes.
- Ensuring that the business meets its Product tax obligations; including liaison with tax authorities, auditors and advisors as required (e.g. at Tax Year End) and ensuring appropriate processes, controls and investigations are carried out.
- Assisting and supporting in the development and improvement of relevant Product tax systems and processes to deliver an efficient tax service to the business.
- Maintaining a good technical knowledge of relevant Product tax issues, monitoring relevant changes in legislation and assessing the impact of these and providing clear briefing for both tax and non-tax specialists (including providing advice, guidance, and tax recommendations to business managers).
- Identifying and communicating Product tax risks to relevant Risk teams and the business (where appropriate) in a way that is appropriate/understood by both tax and non-tax specialists.
- Maintaining Product Tax Risk Control Frameworks in order to understand the Product tax processes across the Pensions and ISA businesses of the group, and to identify and introduce any necessary and desired changes.
Experience:
- Preferably a recognised professional financial qualification (e.g. CTA, AIIT, CA, ACA etc.) or alternatively an equivalent, relevant Financial Services Industry knowledge and previous experience of Product taxes.
- Preferably a member or fellow of the Chartered Institute of Taxation or with sufficient tax experience to maintain up-to-date professional knowledge relating to Product Taxes.
- Good knowledge of UK Taxes Acts, regulations and HMRC guidance (particularly as they apply to UK pensions and savings product taxes).
- Ability to develop and maintain an in-depth commercial awareness of the products offered within the Group, including understanding the regulatory requirements and the impacts that these may have on overall business strategy.
- Ability to advise on the production of both internal and external product tax reporting and compliance requirements.
- Ability to review data for trends, to anticipate problems/omissions and consider potential ways to mitigate them.
Salary: £80,000 plus bonus plus benefits
Location: Hybrid (3 days per week in City of London office)
Operational Tax Manager in City of London employer: Rev & Regs
Rev & Regs offers an exceptional work environment for the Operational Tax Manager role, combining a dynamic hybrid work model with a vibrant City of London office. Employees benefit from a culture that prioritises professional growth, providing access to ongoing training and development opportunities, while also enjoying competitive salaries and bonuses. The firm fosters collaboration across teams, ensuring that every employee's expertise is valued and contributes to meaningful business initiatives.
StudySmarter Expert Advice🤫
We think this is how you could land Operational Tax Manager in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and tax sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its products. Understand their tax compliance needs and be ready to discuss how your expertise aligns with their goals. We want you to show them that you’re not just another candidate, but the perfect fit for their team!
✨Tip Number 3
Practice your pitch! Be clear about your experience with Product taxes and how you can help mitigate risks. We suggest rehearsing with a friend or in front of a mirror to 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 familiar names pop up in our system. Let’s get you that Operational Tax Manager role!
We think you need these skills to ace Operational Tax Manager in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Operational Tax Manager role. Highlight your relevant experience and qualifications, especially those that align with tax compliance and reporting. We want to see how your background fits with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about tax and how your skills can benefit our team. Be sure to mention any specific experiences that relate to product tax compliance and your understanding of UK tax regulations.
Showcase Your Technical Knowledge:We’re keen on candidates who have a solid grasp of UK Taxes Acts and HMRC guidance. In your application, don’t shy away from mentioning any relevant qualifications or experiences that demonstrate your expertise in these areas. It’ll set you apart from the crowd!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team at StudySmarter!
How to prepare for a job interview at Rev & Regs
✨Know Your Tax Stuff
Make sure you brush up on your knowledge of UK tax laws, especially those related to pensions and savings products. Being able to discuss recent changes in legislation and how they impact the business will show that you're not just familiar with the basics but also engaged with current developments.
✨Showcase Your Experience
Prepare to talk about your previous roles and how they relate to the responsibilities of an Operational Tax Manager. Highlight specific projects where you've provided tax advice or managed compliance issues, as this will demonstrate your hands-on experience and problem-solving skills.
✨Communicate Clearly
Since you'll be liaising with both tax and non-tax specialists, practice explaining complex tax concepts in simple terms. This will help you convey your expertise effectively and show that you can bridge the gap between technical and non-technical teams.
✨Understand the Business
Familiarise yourself with the company's products and their regulatory environment. Being able to discuss how tax implications affect overall business strategy will impress interviewers and show that you have a commercial mindset, which is crucial for this role.
