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 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).
- 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 London employer: Rev & Regs
Contact Detail:
Rev & Regs Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Manager, Operational Tax in 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!
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can discuss recent changes in tax legislation and how they impact product taxes. We want you to impress with your expertise and confidence!
✨Tip Number 3
Showcase your problem-solving skills! Be ready to share examples of how you've identified and mitigated tax risks in previous roles. This will demonstrate your ability to add value to the team right from the start.
✨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 are proactive about their job search!
We think you need these skills to ace Senior Manager, Operational Tax in London
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 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 the perfect fit for this role. Mention specific projects or experiences that demonstrate your expertise in Product tax and your ability to work with various teams. We love a good story!
Show Off Your Technical Knowledge: In your application, don’t shy away from showcasing your technical knowledge of UK tax laws and regulations. We’re looking for someone who can navigate these complexities, so give us examples of how you've done this in the past.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly. Plus, it shows us 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 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.
✨Demonstrate Commercial Awareness
Familiarise yourself with the products offered by the firm and how tax regulations affect them. Be prepared to discuss how you would advise on product tax reporting and compliance, and show that you understand the broader business strategy and its implications.