At a Glance
- Tasks: Manage operational tax processes and liaise with tax authorities and auditors.
- Company: Dynamic financial services group focused on pensions and savings products.
- Benefits: Competitive salary, bonus, hybrid work model, and comprehensive benefits package.
- Other info: Opportunity for career growth in a supportive and innovative environment.
- Why this job: Join a leading firm and make a real impact on tax efficiency and compliance.
- Qualifications: Professional financial qualification or relevant experience in Product taxes required.
The predicted salary is between 80000 - 80000 £ per year.
Rev 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). Including an 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: £80,000 plus bonus plus benefits
Location: Hybrid (3 days per week in City of London office)
Operational Tax Manager employer: Rev & Regs
As an Operational Tax Manager at our esteemed firm, you will thrive in a dynamic and supportive work culture that prioritises employee growth and development. With a competitive salary package, including bonuses and comprehensive benefits, our hybrid working model allows for flexibility while being based in the vibrant City of London, providing you with unique networking opportunities and access to industry leaders. Join us to make a meaningful impact in the financial services sector while advancing your career in a collaborative environment.
StudySmarter Expert Advice🤫
We think this is how you could land Operational Tax Manager
✨Tip Number 1
Network like a pro! Reach out to your connections in the tax and financial services industry. Attend relevant 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 brushing up on your technical knowledge of UK tax laws and regulations. Be ready to discuss how you would handle specific scenarios related to Product taxes. This shows you’re not just a candidate, but someone who can hit the ground running!
✨Tip Number 3
Don’t forget to showcase your commercial awareness! Be prepared to talk about how regulatory changes impact business strategy and product offerings. This will demonstrate your understanding of the bigger picture and how you can contribute to the team.
✨Tip Number 4
Apply through our website! We’ve got a streamlined process that makes it easy for you to submit your application. Plus, it shows us you’re genuinely interested in joining our team. Let’s make it happen together!
We think you need these skills to ace Operational Tax Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your relevant qualifications, especially any professional financial qualifications like CTA or ACA, and showcase your knowledge of UK tax regulations.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're the perfect fit for the Operational Tax Manager role. Mention specific experiences that demonstrate your ability to liaise with tax authorities and manage product tax risks effectively.
Showcase Your Technical Knowledge:We want to see your understanding of Product tax issues and how you keep up with changes in legislation. Include examples of how you've applied this knowledge in previous roles to improve processes or provide guidance.
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details 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. Familiarise yourself with the latest changes in legislation and be ready to discuss how they impact the business. This will show that you're not just a candidate, but a knowledgeable asset.
✨Showcase Your Communication Skills
As an Operational Tax Manager, you'll need to communicate complex tax issues to both tax and non-tax specialists. Prepare examples of how you've successfully done this in the past. Think about times when you’ve simplified complicated concepts for different audiences – it’ll demonstrate your ability to bridge the gap between technical and non-technical teams.
✨Demonstrate Your Risk Awareness
Be ready to discuss how you've identified and communicated tax risks in previous roles. Think of specific instances where you’ve implemented controls or frameworks to mitigate these risks. This will highlight your proactive approach and understanding of the importance of risk management in tax processes.
✨Prepare Questions About the Role
Interviews are a two-way street! Prepare insightful questions about the company’s current tax systems and any challenges they face. This shows your genuine interest in the role and helps you assess if the company aligns with your career goals. Plus, it gives you a chance to showcase your commercial awareness.