At a Glance
- Tasks: Support tax compliance and reporting for innovative financial products.
- Company: Join a renowned Financial Services firm with a strong reputation.
- Benefits: Competitive salary, bonus, hybrid work, and comprehensive benefits.
- Why this job: Make a real impact on tax strategies in a dynamic environment.
- Qualifications: Professional financial qualification or relevant experience in Product taxes.
- Other info: Opportunity for career growth and development in a supportive team.
The predicted salary is between 48000 - 64000 £ per year.
Rev & Regs is excited to be working with a well-renowned Financial Services 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 Surrey office)
Operational Tax Manager in Guildford employer: Rev & Regs
Contact Detail:
Rev & Regs Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Operational Tax Manager in Guildford
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial services sector and let them know you're on the hunt for an Operational Tax Manager role. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Get your LinkedIn game on point! Make sure your profile is up-to-date and highlights your expertise in product tax compliance and reporting. Join relevant groups and engage with posts to increase your visibility among potential employers.
✨Tip Number 3
Prepare for interviews by brushing up on your knowledge of UK Taxes Acts and HMRC guidance. Be ready to discuss how you've tackled tax risks in previous roles and how you can bring that expertise to the table for the new company.
✨Tip Number 4
Don't forget to apply through our website! We’ve got loads of resources to help you land that Operational Tax Manager position, and applying directly can give you a better chance of standing out from the crowd.
We think you need these skills to ace Operational Tax Manager in Guildford
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Operational Tax Manager role. Highlight your relevant experience in tax compliance and reporting, and don’t forget to mention any qualifications like CTA or ACA that you have. We want to see how your skills match 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 the perfect fit for the role and how your background aligns with our needs. Be sure to mention your understanding of UK tax regulations and how you can contribute to our team.
Showcase Your Technical Knowledge: In your application, demonstrate your technical expertise in Product tax issues. Mention any specific experiences where you’ve successfully navigated tax compliance or provided advice on tax risks. We love seeing candidates who can communicate complex tax matters clearly!
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 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. Be ready to discuss how recent changes in legislation could impact the business and demonstrate your understanding of the key concepts that drive regulation.
✨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 an Operational Tax Manager.
✨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 tax risks and recommendations in a way that’s easily understood by all stakeholders.
✨Ask Insightful Questions
Prepare thoughtful questions about the company’s current tax strategies and challenges. This shows your genuine interest in the role and helps you gauge how you can contribute to their goals, especially regarding product tax compliance and reporting.