Senior Manager, Operational Tax in City of London
Senior Manager, Operational Tax

Senior Manager, Operational Tax in City of London

City of London Full-Time 90000 - 90000 £ / year (est.) Home office (partial)
Rev & Regs

At a Glance

  • Tasks: Support tax compliance and reporting for innovative product launches and legislative changes.
  • Company: Join a global asset management firm with a focus on collaboration and growth.
  • Benefits: Competitive salary of £90,000 plus bonus, hybrid work, and comprehensive benefits.
  • Other info: Dynamic role with opportunities for career advancement in a supportive environment.
  • Why this job: Make a real impact in the financial sector while developing your expertise in operational tax.
  • Qualifications: Professional financial qualification or relevant experience in Product taxes required.

The predicted salary is between 90000 - 90000 £ per year.

Rev & Regs is excited to be working with a global asset management firm to hire a Senior Manager, Operational Tax. 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).
  • Understanding of the key concepts which drive regulation within our markets and an awareness of the key reporting requirements of the FCA and other regulatory bodies where appropriate.
  • 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: £90,000 plus bonus plus benefits

Location: Hybrid (3 days per week in City of London office)

Senior Manager, Operational Tax in City of London employer: Rev & Regs

Join a leading global asset management firm that values innovation and collaboration, offering a dynamic work environment in the heart of the City of London. As a Senior Manager in Operational Tax, you will benefit from a supportive culture that prioritises professional development and provides opportunities for growth, alongside a competitive salary and comprehensive benefits package. Embrace the chance to make a meaningful impact while working with a team of experts dedicated to excellence in tax compliance and strategy.
Rev & Regs

Contact Detail:

Rev & Regs Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Manager, Operational Tax in City of London

✨Network Like a Pro

Get out there and connect with people in the industry! Attend events, join online forums, or even hit up LinkedIn. The more you chat with folks in operational tax, the better your chances of landing that Senior Manager role.

✨Show Off Your Expertise

When you get the chance to meet potential employers, don’t hold back on showcasing your knowledge. Talk about recent changes in tax legislation or share insights on product tax compliance. We want to see your passion and expertise shine through!

✨Tailor Your Approach

Every company is different, so make sure you tailor your conversations to fit their needs. Research the firm’s products and challenges, and come prepared with ideas on how you can help them navigate tax risks and compliance. It’ll show you’re serious about the role!

✨Apply Through Our Website

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. Let’s get you that Senior Manager position!

We think you need these skills to ace Senior Manager, Operational Tax in City of London

Tax Business Partnering
Product Tax Compliance
Technical Tax Expertise
Liaison with Tax Authorities
Tax Reporting
Process Improvement
Legislative Knowledge
Risk Communication
Product Tax Risk Control Frameworks
Financial Qualification (e.g. CTA, ACA)
Knowledge of UK Taxes Acts
Regulatory Awareness (FCA)
Commercial Awareness
Data Analysis for Trends
Problem Anticipation and Mitigation

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Manager, Operational Tax role. Highlight your relevant experience in tax compliance and reporting, and don’t forget to showcase any qualifications like CTA or ACA that make you stand out.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific projects or experiences that relate to product tax compliance and how you can add value to our team.

Showcase Your Technical Knowledge: We want to see your understanding of UK Taxes Acts and HMRC guidance. Include examples of how you've navigated tax regulations in previous roles, especially in relation to pensions and savings products.

Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!

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. Be ready to discuss how recent legislative changes could impact the business and demonstrate your understanding of the key concepts driving regulation in the market.

✨Showcase Your Experience

Prepare to share specific examples from your past roles where you've successfully navigated tax compliance issues or improved tax processes. Highlight any relevant qualifications like CTA or ACA, and how they’ve equipped you to handle the responsibilities of this role.

✨Communicate Clearly

Since you'll be liaising with both tax and non-tax specialists, practice explaining complex tax concepts in simple terms. Think about how you can convey potential risks and recommendations in a way that everyone can understand, regardless of their background.

✨Stay Current

Keep yourself updated on the latest trends and changes in tax legislation. During the interview, mention any recent developments you've been following and how they might affect the company's product tax obligations. This shows your proactive approach and commitment to staying informed.

Senior Manager, Operational Tax in City of London
Rev & Regs
Location: City of London

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>